August 04, 2020
According to the research report titled ‘Global Central Nervous System Therapeutic Market : Analysis By Disease, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024) - By Region (North America, Europe, APAC, ROW), By Country available with Market Study Report, global central nervous system therapeutic market is expected to witness a CAGR of 6.80% during 2019-2024.
Concerns regarding mental health owing to increase in stress and depression among individuals along with widespread awareness and acceptance of mental health therapeutics are propelling the growth of central nervous system therapeutic market.
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Based on disease type, the market is segmented into trauma, degenerative disorder, cancer, mental health, neurovascular, and infection. With reference to the regional overview, worldwide central nervous system (CNS) therapeutic market is classified into North America, APAC, Europe, and Rest of the world, with emphasis on nations like US, UK, Canada, Germany, Japan, China, India, and Brazil.
As per the report, Asia Pacific held the largest market share in 2018. Factors like increasing geriatric population, growing incidences of neurodegenerative diseases, surging chronic ailments, and rise in per capita healthcare expenditure are stimulating Asia-Pacific CNS therapeutic market.
The study of ‘global central nervous system therapeutic market’ offers thorough analysis of this business sphere. The document provides historical data, qualitative insights, and projections for the industry over the forecast period. It also offers detailed SWOT analysis and Porter’s Five Force analysis while scrutinizing the regulatory framework. Thorough assessment of market drivers, restrains, and key challenges is included in the document.
Global central nervous system therapeutic market analysis document provides information about various players along with their product portfolios. The report elaborates the factors affecting the growth graph of different segments as well as their market share over 2019-2024.
Key players in global central nervous system therapeutic market are Shire, Johnson & Johnson, Novartis, Biogen, Pfizer, Teva Pharmaceuticals, AstraZeneca, Otsuka Pharmaceutical, Merck & Co., and Eli Lilly.