Parkinsons Disease Drugs Market size was valued at USD 5.2 Billion in 2024 and is forecasted to grow at a CAGR of 6.3% from 2026 to 2033, reaching USD 8.6 Billion by 2033.
The global Parkinsons disease drugs market has experienced significant growth in recent years. In 2021, the market was valued at approximately $5.7 billion and is projected to reach around $10.4 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 6.2% during the forecast period. Another analysis estimated the market size at $4,500 million in 2018, with an anticipated growth to $13,580 million by 2032, reflecting a CAGR of 8.2%. These variations in market size projections can be attributed to differences in study methodologies and forecasting models.
Regionally, Europe has emerged as a significant contributor to the Parkinsons disease drugs market. In 2018, Europe accounted for a market share of 34.24%, and it is expected to grow at a CAGR of 4.36% during the forecast period. This growth is driven by an aging population and the introduction of new treatments. Asia Pacific is anticipated to exhibit the highest CAGR, attributed to increasing healthcare expenditure, improved distribution networks, and a rising prevalence of Parkinsons disease in countries like China, India, and Japan. North America also holds a substantial share, supported by a robust healthcare infrastructure and ongoing research and development activities in the field of neurodegenerative diseases.
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Novartis
Boehringer Ingelheim
Teva Pharmaceutical
Abbvie
Merck
Akorn
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Parkinsons Disease Drugs Market
Levodopa
Dopamine Agonists
MAO-B Inhibitors
COMT Inhibitors
Anticholinergics
Dopamine Replacement
Dopamine Agonism
Monoamine Oxidase B Inhibition
Catechol-O-Methyltransferase Inhibition
Anticholinergic Activity
Symptomatic Treatment
Disease-Modifying Treatment
Oral
Intravenous
Transdermal
Subcutaneous
Hospitals
Clinics
Homecare Settings
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Parkinsons Disease Drugs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Parkinsons Disease Drugs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Parkinsons Disease Drugs Market, By Type
6. Global Parkinsons Disease Drugs Market, By Application
7. Global Parkinsons Disease Drugs Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Parkinsons Disease Drugs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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