Alzheimer’s Disease Diagnostic Market: Expected to Reach US$ 8.07 Billion by 2030

Alzheimer’s Disease Diagnostic Market size was valued at US$ 3.47 Bn in 2023 and the total revenue is expected to grow at 12.8% through 2024 to 2030, reaching nearly US$ 8.07 Bn in the forecast period.

Alzheimer’s Disease Diagnostic Market Report Overview:

The Alzheimer’s Disease Diagnostic market’s future trajectory has been projected based on region, type, and application, incorporating sales and revenue data. The Alzheimer’s Disease Diagnostic market research underscores aspects such as market share, primary suppliers, distributors, evolving price trends, and the intricate raw material supply chain. By offering these insights, the market report furnishes companies with profound understanding of the dynamics prevalent within the global Alzheimer’s Disease Diagnostic industry.

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Alzheimer’s Disease Diagnostic Market Scope and Research Methodology

The core focus of the Alzheimer’s Disease Diagnostic market report centers on illuminating the dynamics encompassing drivers, restraints, challenges, and opportunities. This comprehensive insight into market dynamics is presented both regionally and by segment, rendering the report an indispensable resource for potential investors. Data collection for the report was achieved through the synergy of primary and secondary research methodologies, ensuring the Alzheimer’s Disease Diagnostic market report’s authenticity and accuracy.

The process of arriving at the total market size involved segmenting the market into various categories, each verified through primary research achieved by conducting extensive interviews with influential individuals within the Alzheimer’s Disease Diagnostic industry. Employing a bottom-up approach, the report estimated both regional and global Alzheimer’s Disease Diagnostic market sizes.

Market Dynamics:

Drivers of Growth:

• Rising Chronic Disease Prevalence: The global increase in chronic conditions, including dementia, is driving demand for advanced diagnostic solutions. The World Alzheimer Report highlights that around 50 million people worldwide were affected by Alzheimer’s and dementia in 2022, a number expected to surge to 152 million by 2050.

• Investment in Biomarker Development: Significant investments are being made in identifying and developing biomarkers for Alzheimer’s disease. These efforts are crucial for drug development and improving diagnostic accuracy.

• Advanced Diagnostic Techniques: The introduction of sophisticated diagnostic methods is enhancing early detection capabilities. For example, in 2020, C2N Diagnostic launched the Percivity AD Blood Test in Europe, which leverages mass spectrometry for diagnosing Alzheimer’s disease.

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Alzheimer’s Disease Diagnostic Market Segmentation:

by Specimen

Cholinesterase Inhibitors
NMDA Receptor Antagonist
Other

Cholinesterase Inhibitors: This segment is expected to hold a significant share of the market. Cholinesterase inhibitors, such as Exelon, Aricept, and Razadyne, are essential in treating symptoms related to memory and cognitive function. These drugs work by delaying the progression of mental decline in Alzheimer’s patients. Ongoing investments in research, such as Corium International Inc.’s development of ADLARITY (a donepezil transdermal system), are expected to drive growth in this segment.

by Diagnostics

Brain Imaging
CFS Test for Alzheimer’s Diseases

Diagnostic Methods:

Cerebrospinal Fluid (CSF) Tests: CSF testing is crucial for diagnosing Alzheimer’s disease. This method involves analyzing cerebrospinal fluid to detect biomarkers like amyloid-beta (Aβ)1–42, total tau (T-tau), and phosphorylated tau (P-tau). These biomarkers are instrumental in differentiating Alzheimer’s from other conditions and predicting the progression from mild cognitive impairment to Alzheimer’s dementia.

Brain Imaging: Techniques such as computed tomography (CT) and magnetic resonance imaging (MRI) are vital for diagnosing Alzheimer’s disease and ruling out other potential causes of dementia. The advancement in digital scanning technologies has further enhanced the accuracy of brain imaging.

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Alzheimer’s Disease Diagnostic Market Key Players:

1. Eli Lilly and Company
2. TauRx (Republic of Singapore)
3. Alector LLC
4. Accera, Inc.
5. Treventis Corporation
6. Neuro-Bio Ltd
7. Cognition Therapeutics Inc
8. Hoffmann-La Roche
9. Novartis AG
10. Merck & Co.
11. Pfizer Inc.
12. Allergan PLC
13. Daiichi Sankyo Co.

Alzheimer’s Disease Diagnostic Market Regional Analysis:

North America:

Market Leadership: North America dominates the global Alzheimer’s disease diagnostic market, holding a 39.5% share. The region’s growth is driven by a high prevalence of Alzheimer’s among the elderly population and increased healthcare expenditure. The U.S. alone had over 5.82 million Americans affected by Alzheimer’s in 2022, with significant healthcare costs associated with the condition.

Research and Trials: North America is also a hub for clinical research, with around 144 active clinical trials related to Alzheimer’s diagnosis in the U.S. This active research environment supports market expansion.

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/global-alzheimers-disease-diagnostic-market/116921/

Key Questions answered in the Alzheimer’s Disease Diagnostic Market Report are:

What is the expected CAGR of the Alzheimer’s Disease Diagnostic market during the forecast?
What is the expected Alzheimer’s Disease Diagnostic market size during the forecast period?
Which regional Alzheimer’s Disease Diagnostic market is expected to hold the largest share during the forecast period?
What are the market segments?
Which production technology is utilized for Alzheimer’s Disease Diagnostic?
What trends are driving the market growth?
Who are the global key players in the Alzheimer’s Disease Diagnostic market?
What is the global market status of the Alzheimer’s Disease Diagnostic market?
What was volume, manufacture value, price, and revenue of Alzheimer’s Disease Diagnostic market?

Key Offerings:

Market Overview
Forecast by Revenue
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments, sub-segments and region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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