According to a new report published by Allied Market Research, titled, “Cognitive and Memory Enhancer Drug Market by Product and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global cognitive and memory enhancer drug market size was valued at $5,079.86 million in 2020, and is projected to reach $8,689.74 million by 2030, registering a CAGR of 5.5% from 2021 to 2030.
𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
The major companies profiled in the report are Pfizer Inc., Biogen., Allergan, Inc., Novartis AG, Torrent Pharmaceutical Inc, Johnson & Johnson, Takeda Pharmaceutical Company Limited, AlternaScript LLC, Cephalon, Inc. (Teva Pharmaceutical Industries Ltd.), and Ceretropic.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/4556
𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘
- Aricept contributed for more than one-sixth share of the global cognitive and memory enhancer drugs market in 2016.
- Provigil is projected to grow at a significant CAGR of 7.1% from 2017 to 2023.
- Education segment is expected to grow at a significant CAGR of 5.6%.
- North America were the major shareholders in 2020, collectively accounting for more than one-third share of the global cognitive and memory enhancer drugs market.
The overall impact of COVID-19 is negative on the global cognitive and memory enhancer drugs market, owing to decline in the number of visits to hospitals and clinics for the treatment of neurodegenerative, and these drugs are mainly used in the treatment of neurodegenerative disorders, which led to decline in demand of cognitive & enhancer drugs market. However, with the ongoing vaccinations and decreasing cases of COVID-19, the studied market is expected to regain its full potential over the forecast period. in the future
𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/4556
Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the largest market share in the cognitive and memory enhancer drug market in 2020, and North America is expected to retain its dominance throughout the forecast period
By product, Aricept generated the maximum revenue in the global cognitive and memory enhancer drugs market in 2020, and is expected to dominate the market till 2030. The Provigil segment is expected to register the highest CAGR of 7.1 % during the forecast period, owing to increase in awareness among people toward improved physical performance.
By application, the disease treatment segment is expected to dominate the market in the future, owing to increase in the number of patients suffering from neurological diseases such as Alzheimer’s. On the other hand, the education performance segment is estimated to exhibit a CAGR of 5.6% during the forecast period.
𝗚𝗲𝘁 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/cognitive-and-memory-enhancer-drugs-market
𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
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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 domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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. 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.
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