As per the research report titled ‘Global Alzheimer Drugs Market (2022 Edition) - Analysis By Drug Class (Cholinergic, Memantine, Combined Drugs, Others), Distribution Channel, By Region, By Country: Market Insights, Pipeline and Forecast with Impact of Covid-19 (2022-2027) available with MarketStudyReport, global Alzheimer drugs market which held a valuation of USD 6537 million in 2021, is anticipated to register a robust growth rate during 2022-2027.

Increasing pervasiveness of Alzheimer’s disease among the masses, combined with rising number of clinical trials and new drug launches are the factors facilitating global Alzheimer drugs market growth.

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Further, the emergence of effective therapy procedures by key players that are excelling in giving long-lasting improvements in cognitive functions, growing geriatric population, and unhealthy lifestyle choices leading to disease susceptibility play a crucial role in broadening the horizon of the business.  

Besides, rising popularity of online drugstores and telehealth consultation which provide convenience and fast consultation of patients is augmenting the industry growth.

In terms of distribution channel, the online pharmacy segment is likely to gain significant traction during the analysis timeframe, attributable to the advent of telehealth services that allow precise disease diagnosis and drug delivery in remote locations.

Considering drug class, worldwide Alzheimer drugs industry is split into memantine, cholinergic, combined drug, and others.

From a regional frame of reference, North America, Europe, and Asia Pacific are the major geographies that contribute significantly to overall market remuneration. A vivid analysis of each regional industry with respect to current growth rate and
performance potential is encompassed in the document for stakeholders to gain perspective on present dynamics and make well-informed decisions.

Leading conglomerates influencing market trends are NervGen Pharma Corporation, Eli Lilly and Company, Novo Nordisk A/S, Novartis International AG, Daichi Sankyo Company Limited, Biogen Inc., Takeda Pharmaceutical Company Limited., F. Hoffmann-La Roche AG, Eisai Co. Ltd., Pfizer Inc., and AbbVie Inc.

These companies are directing resources toward deliberate endeavors such as mergers, acquisitions, and partnership deals to maintain a dominant stance in global Alzheimer drugs market.