Central Nervous System (CNS) Drugs Market Overview
Central
Nervous System (CNS) drugs market consists of drugs used for the treatment of
diseases have an effect on the brain such as epilepsy, Parkinson’s disease,
depression and anxiety. Epilepsy is a chronic brain disorder characterized by
frequent abductions. Parkinson’s disease is a degenerative CNS disorder
associated with symptoms of rigidity and tremor. According to Parkinson’s
disease Foundation nearly 7-10 Million people are affected with Parkinson’s
disease across the globe. These diseases affect by the neurodegeneration,
autoimmune disorders and trauma.
Increase
in CNS diseases prevalence rates due to aging population, introduction of new
class of drugs and increased expenditure on healthcare are the driving force
for the growth of CNS Drugs market. In recent years, there is no drug available
to cure Alzheimer’s disease, the available medicines only treat the austerity
of symptoms and develop the quality of life to some extent. There are lots of
companies such as Eli Lilly, Baxter International and Novartis AG are investing
vigorously in research and development in order to accelerate the treatment of
Alzheimer’s disease. Geographically, North America grabs the major share of the
total market of CNS disorders. Europe and Asia Pacific holds the second and
third highest market share. Asia Pacific is the boon for the lots of companies
because of high prevalence of diseases such as epilepsy, Parkinson disease and
Alzheimer’s disease.
Some of
the key players operating in the market for CNS disorders are Pfizer, Johnson
& Johnson, GlaxoSmithKline, Novartis AG, Sanofi, Merck & Co., Abbott
Laboratories, Eli Lilly, UCB, Bristol-Meyers Squibb Co. and Astellas Pharma,
Inc.
Alzheimer’s disease – A boon for
the Pharmaceuticals Industry
Alzheimer’s disease drug market is
on the decline stage. Since 2003, there
is not any single drug launched in the market to prevent or cure it. However,
all the current available drugs are going to be generic in 1-2 years. There are
high unmet medical needs. The pharmaceuticals companies are looking for the opportunity
which has lots of potential in the Alzheimer’s disease market. If the Pharmaceuticals
companies have succeeded, they will be in a position to command premium prices
and tap the existing opportunity.
From the year 2009 Alzheimer’s
disease drug market is declining and it is expected to fall till 2016. But with
the expected launch of some Alzheimer’s drugs from the year 2017 onwards,
Alzheimer’s disease drug market is expected to revive in the coming years.
However due to absence of exact potential drugs there will always remain a huge
Unmet Alzheimer’s Drug Market. Alzheimer’s disease drug market declined year on
year from the year 2009. It is expected to fall till 2016. Alzheimer’s disease
drug market is expected to revive from the year 2017 onwards. There will always
remain a huge Unmet Alzheimer’s Drug Market.
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