The 7 major memory disorders markets are expected to exhibit a CAGR of 5.42% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2034
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Historical Years
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2018-2023
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Market Growth Rate 2024-2034 | 5.42% |
The memory disorders market has been comprehensively analyzed in IMARC's new report titled "Memory Disorders Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Memory disorders refer to a group of conditions characterized by significant impairments in memory function and other cognitive abilities. These diseases can affect a person's capability to acquire, retain, or recall information, leading to difficulties in daily functioning and a decline in overall neural performance. Some common symptoms associated with the illness include confusion, disorientation, feeling lost, engaging in repetitive actions, frequently misplacing objects, impaired judgment and decision-making, inability to recognize familiar people, etc. This ailment can also lead to changes in mood, personality, and behavior, such as increased irritability, anxiety, depression, or withdrawal from social activities. The diagnosis of memory disorders typically involves a comprehensive evaluation of the patient's medical history, clinical features, and physical workup. A healthcare provider may further conduct brain imaging techniques, like MRI or PET scans, to identify any structural abnormalities or signs of neurodegeneration. Various other investigations, including the Mini-Mental State Examination (MMSE), the Montreal Cognitive Assessment (MoCA), the clock-drawing test, etc., are also utilized to determine the thinking abilities of an individual suffering from the disease.
The increasing cases of neurodegenerative syndromes, which affect cognitive functions due to the progressive deterioration of brain cells and neural networks, are primarily driving the memory disorders market. In addition to this, the rising prevalence of numerous associated risk factors, including chronic alcoholism, drug abuse, infections, stroke, severe head injuries, older age, genetic mutations, etc., is also creating a positive outlook for the market. Moreover, the widespread adoption of cognitive stimulation therapy that focuses on stimulating and engaging the patient's neural abilities as well as promoting social interaction, is further bolstering the market growth. Apart from this, the inflating application of effective medications, such as cholinesterase inhibitors, antidepressants, memantine, etc., owing to their various advantages, like slowing down the disease progression, improving mood and behavior, and enhancing the quality of life, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of monoclonal antibodies, which are designed to target and reduce the accumulation of beta-amyloid plaques in the brain, thereby boosting cognitive outcomes, is expected to drive the memory disorders market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the memory disorders market in the United States, EU5 (Germany, Spain, Italy, France, and 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 memory disorders and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and 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 memory disorders 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 memory disorders marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Aduhelm (Aducanumab) | Biogen/Eisai Co Ltd/Neurimmune Therapeutics |
Namenda (Memantine) | Merz Pharma |
Razadyne (Galantamine) | Janssen/Sanochemia Pharmazeutika |
Leqembi (Lecanemab) | BioArctic/Eisai |
Namzaric (Donepezil/memantine extended release) | Adamas Pharmaceuticals |
Donanemab | Eli Lilly and Company |
Masitinib | AB Science |
BAC | Charsire Biotechnology Corporation |
AGB 101 | AgeneBio |
DNL593 | Denali Therapeutics Inc |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Memory Disorders: Current Treatment Scenario, Marketed Drugs and Emerging Therapies