The amnestic disorder therapeutic options are in huge demand due to the rising incidences of amnestic disorders across the globe. These disorders are caused by the structural damage to the parts of the brain by head injury or trauma, tumours, stroke, or cerebrovascular diseases. These disorders can also be caused by the chemical changes in the brain due to the excessive intake of alcohol, long-term heavy drug use, and exposure to toxins, such as mercury, carbon monoxide, lead, and certain insecticides. There are many types of amnesia, and among these, the transient global amnesia generally has a brilliant prognosis for recovery.
The market for amnestic disorder therapeutics is expected to grow, owing to the increasing number of accidents (road, air, and water) as this would enhance the likelihood of head injuries, which may result in organic amnesia. Further, the rising ageing population is enhancing the market growth as the older the people get, the more they become susceptible to amnesia as a result of various neurological disorders, such as dementia.
The market is aided by the rising awareness regarding the disease across the globe. The market is led by research and development activities being undertaken by the key players, such as Eisai Co., Ltd. (TYO: 4523) and AbbVie Inc. In 2018, Eisai Co., Ltd., along with Biogen (NASDAQ: BIIB) announced that Biogen had completed the submission for Biologics License Application (BLA) to the U.S. Food and Drug Administration ( FDA) for the approval of aducanumab, an Alzheimer's disease research treatment. Since R&Ds lead to innovations and further enhancement within a field, such undertakings are expected to aid the market growth of amnestic disorder therapeutics.
Market Analysis by Diseases Type, Drug Type, Route of Administration, Distribution Channel, End User, and Region:
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Eisai Co., Ltd., AbbVie Inc, Novartis AG, and Johnson & Johnson Services, Inc., among others, are the key players in the global amnestic disorders therapeutics market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
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