Surge in the geriatric population, benefits of smart drugs, and high incidence of neurodegeneration disorders have boosted the growth of the global cognitive and memory enhancer drugs market. The market across North America dominated in terms of revenue in 2020, accounting for around two-fifths of the market. The Covid-19 pandemic had a negative impact on the market, due to reduced number of visits to hospitals and clinics for the treatment of neurodegenerative diseases.
/EIN News/ — Portland, OR, June 02, 2022 (GLOBE NEWSWIRE) — As per the report published by Allied Market Research, the global cognitive and memory enhancer drugs market was pegged at $5.07 billion by 2020, and is expected to reach $8.68 billion by 2030, growing at a CAGR of 5.5% from 2021 to 2030.
Surge in geriatric population, benefits of smart drugs, and high incidence of neurodegeneration disorders have boosted the growth of the global cognitive and memory enhancer drugs market. However, various ethical issues regarding these drugs hinder the market growth. On the contrary, effective strength of the drugs would open new opportunities in the future.
Download Sample Report- https://www.alliedmarketresearch.com/request-sample/4556
- The Covid-19 pandemic had a negative impact on the market, due to reduced number of visits to hospitals and clinics for the treatment of neurodegenerative diseases.
- However, increase in ongoing vaccination and decreasing cases of Covid-19 will help the market get back on track soon.
Get detailed COVID-19 impact analysis on the Cognitive and Memory Enhancer Drugs Market- https://www.alliedmarketresearch.com/request-for-customization/4556?reqfor=covid
The report segments the global cognitive and memory enhancer drugs market on the basis of application, product, and region.
Based on application, the disease treatment segment is expected to register the highest CAGR of 6.0% during the forecast period. Furthermore, the segment held the lion’s share in 2020, accounting for nearly three-fifths of the market. The report includes an analysis of other segment such as education industry, sports, and others.
On the basis of product, the Provigil segment would manifest the highest CAGR of 7.1% during the forecast period. However, the Aricept segment held the largest share in 2020, contributing to nearly one-fourth of the total market share.
The global cognitive and memory enhancer drugs market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America dominated in terms of revenue in 2020, accounting for around two-fifths of the market. However, the market across Asia-Pacific is anticipated to portray the highest CAGR of 6.8% during the forecast period.
For Purchase Inquiry- https://www.alliedmarketresearch.com/purchase-enquiry/4556
The global cognitive and memory enhancer drugs market includes an in-depth analysis of the prime market players such as AbbVie, Ceretropic, Biogen, Inc., Alterna Script LLC, Novartis International AG, Pfizer Inc., Johnson & Johnson, Torrent Pharmaceuticals, Takeda Pharmaceutical Company Ltd., and Teva Pharmaceutical Industries Ltd. (Cephalon Inc.).
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) Offered by Allied Market Research:
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
Needle-free Injection Systems Market – Global Opportunity Analysis and Industry Forecast, 2021––2030
Molecular Diagnostics Market – Global Opportunity Analysis and Industry Forecast, 2021––2030
Medical Bionics Market – Global Opportunity Analysis and Industry Forecast, 2021––2030
Cardiac Surgical Devices Market – Global Opportunity Analysis and Industry Forecast, 2021––2030
CBCT Systems Market – Global Opportunity Analysis and Industry Forecast, 2021––2030
Medical Carts Market – Global Opportunity Analysis and Industry Forecast, 2021––2030
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This news story originally appeared at Books - Reality Syndicate Viewers on 11 June 2022