Neurological Disorder Drugs Market Size And Forecast by 2031

Data Bridge Market Research analyses that the Global Neurological Disorder Drugs Market which was USD 79.4 Billion in 2021 is expected to reach USD 125.6 Billion by 2029 and is expected to undergo a CAGR of 5.90% during the forecast period of 2021 to 2029. Neurological Disorder Drugs Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of  Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

Global Neurological Disorder Drugs Market Segmentation Analysis

Neurological Disorder Drugs Market, By Indication (Epilepsy, Alzheimer’s Disease, Parkinson’s Disease, Multiple Sclerosis, Cerebrovascular Disease, Others), Drug Class (Cholinesterase Inhibitors, NMDA Receptor Antagonists, Antiepileptic, Antipsychotic and Antidepressant, Others), Route of Administration (Oral, Parenteral, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) – Industry Trends and Forecast to 2029

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Which are the top companies operating in the Neurological Disorder Drugs Market?

The “Global Neurological Disorder Drugs Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Neurological Disorder Drugs Market extension. This Neurological Disorder Drugs Market report provides the information of the Top 10 Companies in Neurological Disorder Drugs Market in the market their business strategy, financial situation etc.

**Segments**

- **By Drug Type**: This segment includes drugs such as analgesics, anticonvulsants, antidepressants, antipsychotic medications, anti-anxiety medications, and others that are used in the treatment of neurological disorders.

- **By Disease Indication**: Disease indications like Alzheimer's disease, Parkinson's disease, epilepsy, multiple sclerosis, migraine, and others fall under this segment.

- **By Distribution Channel**: The distribution channels for neurological disorder drugs include hospital pharmacies, retail pharmacies, online pharmacies, and others.

- **By Region**: The global neurological disorder drugs market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

In 2021, the global neurological disorder drugs market was valued at USD 68.64 billion. The increasing prevalence of neurological disorders such as Alzheimer's and Parkinson's, coupled with the rising geriatric population globally, drove the market growth. The advancements in drug development and increasing healthcare expenditure also contributed to market expansion. The ongoing research and development activities focusing on innovative therapies for neurological disorders propelled the market further.

In 2029, the global neurological disorder drugs market is projected to reach USD 101.23 billion, with a CAGR of 4.8% during the forecast period 2022-2029. The market growth is anticipated to be driven by technological advancements in drug delivery systems, the introduction of novel drugs, and the growing awareness regarding mental health issues. Moreover, the increasing investments in neuroscience research and collaborations between pharmaceutical companies and research institutions are expected to boost market growth.

**Market Players**

- **Pfizer Inc.**: A multinational pharmaceutical corporation known for its contributions to the neurological disorder drugs market through drugs like Lyrica used in the treatment of neuropathic pain.

- **Novartis AG**: A global healthcare company with a strong presence in the neurological disorder drugs market, offering medications for conditions like multiple sclerosis and migraine.

- **Johnson & Johnson Services The global neurological disorder drugs market is a dynamic and competitive landscape with several key players shaping the industry's direction. Pfizer Inc., a prominent multinational pharmaceutical corporation, has established itself as a significant player in this market through its innovative drug offerings. Pfizer's drug Lyrica, used in the treatment of neuropathic pain, has been a major contributor to the company's presence in the neurological disorder drugs segment. With a strong focus on research and development, Pfizer continues to explore new treatment options for various neurological conditions, further solidifying its position in the market.

Novartis AG is another key player in the global neurological disorder drugs market, known for its diverse portfolio of medications catering to conditions such as multiple sclerosis and migraine. The company's commitment to addressing unmet medical needs in the neurology space has resonated well with healthcare professionals and patients alike. Novartis's emphasis on innovation and strategic partnerships has allowed it to stay at the forefront of the market, driving growth and expansion opportunities.

Johnson & Johnson Services has also made significant contributions to the neurological disorder drugs market with its innovative therapies and treatment solutions. The company's investment in research and development has led to the development of novel drugs that address a wide range of neurological conditions. Johnson & Johnson's strong global presence and commitment to improving patient outcomes have positioned it as a key player in this competitive landscape.

Overall, the global neurological disorder drugs market is witnessing robust growth driven by factors such as increasing prevalence of neurological disorders, aging population, advancements in drug development, and rising healthcare expenditure. The market is expected to continue expanding, propelled by technological advancements in drug delivery systems, introduction of novel drugs, and growing awareness about mental health issues. Market players like Pfizer Inc., Novartis AG, and Johnson & Johnson Services are poised to play a crucial role in shaping the future of the neurological disorder drugs market through their innovative products and strategic initiatives.**Market Players**

- Merck KGaA (Germany)
- Eisai Co., Ltd. (Japan)
- AstraZeneca (U.K.)
- Sanofi (France)
- Novartis AG (Switzerland)
- Abbott (U.S.)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Teva Pharmaceutical Industries Ltd. (Ireland)
- Pfizer Inc. (U.S.)
- GlaxoSmithKline plc (U.K.)
- WOCKHARDT (Mumbai)
- Novo Nordisk A/S (Denmark)
- Glenmark Pharmaceuticals Limited (India)
- Cipla Inc. (U.S.)
- Bausch Health Companies Inc. (Canada)
- Otsuka America Pharmaceutical, Inc. (US)
- Johnson & Johnson Private Limited (U.S.)
- Takeda Pharmaceutical Company Limited (Japan)
- Sumitomo Corporation (Japan)
- Biocon (India)

The global neurological disorder drugs market is a dynamic field with several pharmaceutical giants holding significant market share and impacting industry trends. Merck KGaA, operating from Germany, has been a key player in the market with its diverse portfolio of medications catering to neurological conditions. Eisai Co., Ltd., based in Japan, has also made substantial contributions by focusing on innovative therapies for neurological disorders. AstraZeneca from the U.K. has a strong presence in the market, especially in the areas of research and development. Sanofi, headquartered

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Overview of the Neurological Disorder Drugs Market Research Report

The Neurological Disorder Drugs Market research report commences with an in-depth overview covering definitions, applications, product/service launches, developments, challenges, and regional analysis. The forecast underlines robust growth fueled by increasing consumption in diverse markets. Furthermore, the report delves into current market trends and key characteristics.

Objectives of the Report

Conduct a comprehensive investigation to forecast the value and volume of the Neurological Disorder Drugs Market.

Analyze and project market shares for major segments within the Neurological Disorder Drugs Market.

Depict the evolving landscape of the Neurological Disorder Drugs Market across global regions.

Examine and assess micro markets, their contributions, and growth potential within the Neurological Disorder Drugs Market.

Provide accurate insights into the factors driving the growth of the Neurological Disorder Drugs Market.

Offer a detailed analysis of key strategies adopted by major companies, such as R&D, collaborations, agreements, partnerships, acquisitions, mergers, new product launches, and other strategic initiatives.

Market Overview

The study concentrates on the present state of the Neurological Disorder Drugs Market, evaluating key statistics including CAGR, gross margin, revenue, pricing, production growth rate, volume, value, market share, and year-over-year growth. This thorough analysis is conducted using the latest primary and secondary research methods. Leading company profiles are scrutinized based on factors like the markets they serve, production, revenues, market shares, recent developments, and gross profit margins. The report also provides a detailed exploration of market drivers, constraints, opportunities, challenges, and trends within the market dynamics section.

Table of Contents: 
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Purview
Report Description Market Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By Application
Market Snapshot, By Region
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
And more...

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