(Health-NewsWire.Net, August 29, 2018 ) Market Overview:
Neurologic disorders are defined as a change in the function of a nervous system which mainly causes structural change in activity of spinal cord, brain, and other nerves. Neurologic disorders are categorized into three names such as Autonomous nervous system disorders, Peripheral nervous system disorders, and Central nervous system disorders. Most of the neurologic disorders involve progressive decline in mental and physical capabilities that disturbs patient’s life. The common neurological disorders are Alzheimer’s, Parkinson’s, Huntington’s disease, neurological cancers, and epilepsy. Thus Neurotherapeutics are used for treating the patients suffering from brain tumor or other neurologic diseases.
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Factors affecting market growth:
Rising of geriatric population across the globe. (+) Increasing investments for R&D activities. (+) Advancement of technologies. (+) Introduction of new products related to neurotherapeutics applications. (+) Increasing Health care expenditure. (+) Unfavorable reimbursement policy. (-) Limited awareness in developing countries. (-) Get your customized report: https://www.marketdataforecast.com/market-reports/global-neurotherapeutics-market-1270/customize-report
Market Segmentation
The Global Neurotherapeutics Market is geographically segmented into
North America Europe Asia Pacific Latin America Middle East and Africa North America holds the largest market share in neurotherapeutic market followed by Europe due to technological advancements, presence of well-organized healthcare services, rising awareness about various neurological conditions among the people, and growing demand for neurotherapeutic drugs.
Asia-Pacific is fast growing region for neurotherapeutic market due to improving healthcare infrastructure, health facilities, rising of aging population and increasing of neurologic disorders which are expected to record a high growth rate during the forecast period.
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Key players:
Leading companies for Global Neurotherapeutics Market are AstraZeneca plc, Sanofi-Aventis, Spiegelberg, stryker, Covidien, Medtronic, GE healthcare, Merck & Co., Abbott Laboratories, Inc., Becton, Novartis AG, Dickinson and Company, Pfizer, Inc., Johnson & Johnson, Biogen, Inc., and GlaxoSmithKline, Inc.
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Abhishek Shukla
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abhishek@marketdataforecast.com
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