(PharmaNewsWire.Com, December 15, 2017 ) The North America Neurotherapeutics Market was worth $ xxx Billion in 2016 and estimated to reach $ xxxx Billion by the end of 2021 with a growing potential of xx %. North America has the highest share in the market due to the presence of top market players and also major technological advancements.
Neurological disorders are diseases of the central, peripheral, Autonomous nervous system. In other words, the brain, autonomic nervous system, spinal cord, peripheral nerves, cranial nerves, nerve roots, neuromuscular junction, and muscles. These disorders include Alzheimer disease, epilepsy, dementias, cerebrovascular diseases including a migraine, stroke, and various headache disorders, Parkinson's disease, multiple sclerosis, brain tumors, neuro-infections, traumatic disorders of the nervous system due to neurological disorders and head trauma as a result of malnutrition. These disorders involve progressive deterioration in mental and physical capabilities which disrupts the patient and patient’s family. So, Neurotherapeutics are used for the treatment of traumas causing these diseases.
North America Neurotherapeutics Market is primarily driven by increasing aging population, growing R&D expenditure, a better understanding of the nature of neurologic diseases. The aged population is more susceptible to brain disorders. Therefore, the rise in aging population and life expectancy of the people will increase the market. The restraints that will hinder the growth of the market are restrictions by regulatory bodies on various technologies and drugs.
Based on Treatment, the market is segmented into Neurologic drugs and Neurologic devices. Neurologic drugs are further classified into oral administration, injections and others. Whereas neurologic devices are further categorized into Electroconvulsive Therapy (ECT), Vagus Nerve Stimulation (VNS), transcranial magnetic stimulation, Deep Brain Stimulator, and others. Based on disorders, the market is segmented into Central Nervous system (CNS) disorders, Peripheral Nervous system (PNS) disorders, Autonomous Nervous system (ANS) disorders. Based on distribution channels the market is segmented into Hospitals, Neurotherapeutic center, Clinical research organizations, Clinics.Based on Geography, the North America Neurotherapeutics market is analyzed under various regions namely U.S, and Canada.
Major players in North America Neurotherapeutics Market are Abbott Laboratories, Inc., Becton, Novartis AG, Dickinson and Company, Pfizer, Inc., Johnson & Johnson, Biogen, Inc., GlaxoSmithKline, Inc., AstraZeneca plc, Sanofi-Aventis, Spiegelberg, stryker, Covidien, Medtronic, GE healthcare, and Merck & Co.
Market Segmentation: Based on Treatment: Neurologic Drugs • Oral Administration • Injections • Others Neurologic Devices • Electroconvulsive Therapy (ECT) • Vagus Nerve Stimulation (VNS) • Transcranial magnetic stimulation • Deep Brain Stimulator • Others
Based on Disorders: Central Nervous system disorders Peripheral Nervous system disorders Autonomous Nervous system disorders
Based on Distribution Channels: Hospitals Neurotherapeutics center Clinical research organizations Clinics.
Based on Geography North America Neurotherapeutics market Europe Neurotherapeutics market Asia – Pacific Neurotherapeutics market Latin America Neurotherapeutics market Middle East & Africa Neurotherapeutics market
Some of the major companies dominating the global market are Abbott Laboratories Inc., Becton, Novartis AG, Dickinson and Company, Pfizer Inc., Johnson & Johnson, Biogen Inc., GlaxoSmithKline, Inc., AstraZeneca plc, Sanofi-Aventis, Spiegelberg, Stryker, Covidien, Medtronic, GE healthcare, and Merck & Co.
Scope of the Neurotherapeutics Market Study: • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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