The 7 major amnesia markets are expected to exhibit a CAGR of 3.92% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2034
|
Historical Years
|
2018-2023
|
Market Growth Rate 2024-2034 | 3.92% |
The amnesia market has been comprehensively analyzed in IMARC's new report titled "Amnesia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Amnesia refers to a condition characterized by partial or complete loss of memory. It is a neurological illness that can affect a person's ability to recall information, events, or personal experiences. There are two main types of this disease: retrograde and anterograde. Retrograde amnesia refers to a decline in memories that were formed before the onset of the condition, while anterograde amnesia involves the inability to create new memories after the commencement of the illness. Some individuals suffering from this ailment may experience a combination of both types. The disorder can vary in severity, ranging from temporary and mild to permanent and profound. Numerous indications associated with this illness include difficulty remembering and learning, confusion, disorientation, false memories, tremors or other uncoordinated movements, etc. The diagnosis of amnesia typically involves a thorough evaluation of the patient's symptoms, medical history, and physical examination. A healthcare provider may also perform neurological or cognitive tests to assess the functioning of the brain and identify any abnormalities that could be causing the underlying disease.
The increasing cases of traumatic brain injuries that can damage specific areas of the brain involved in memory formation and retrieval are primarily driving the amnesia market. In addition to this, the rising prevalence of various risk factors, including stroke, central nervous system infection, substance abuse, brain tumors, stress, neurodegenerative disease, etc., is also creating a positive outlook for the market. Moreover, the inflating application of psychotherapy that involves numerous techniques, such as hypnosis and guided imagery, to access forgotten memories, thereby maintaining independence and functionality in the patient's daily life, is further bolstering the market growth. Apart from this, the widespread adoption of cholinesterase inhibitors, like donepezil, rivastigmine, galantamine, etc., to reduce behavioral symptoms and enhance neurotransmission by increasing the levels of acetylcholine in the brain, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of transcranial magnetic stimulation procedures, owing to their numerous advantages, including activation of targeted brain regions and restoration of dysfunctional neural networks with minimal side effects, is expected to drive the amnesia market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the amnesia market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for amnesia and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc., have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the amnesia market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current amnesia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Market Insights
Epidemiology Insights
Amnesia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies