Alzheimer’s Disease Diagnostic Market Analysis, Demand, and Industry Size Will Grow USD 7,100 Million by 2030

Research Reports

Jun 16, 2023

Alzheimer’s Disease Diagnostic Market Size, Trends and Insights by Type (Early-onset Alzheimer’s, Late-onset Alzheimer’s, Familial Alzheimer’s disease), Diagnostic test (Genetic testing, Neurological exam, Mini-mental state exam (MMSE), Brain imaging), End Users (Clinics, Hospitals, Diagnostic Centers ) – Forecast Till 2030

Market Research Future Insights

According to MRFR analysis, Alzheimer’s disease Diagnostic market is expected to register a CAGR of ~ 8.90%. from 2022 to 2030 and hold a value of over USD 7,100 Million by 2030.

The Alzheimer’s disease diagnostic market is driven by the growing prevalence of Alzheimer’s disease, an irreversible neurodegenerative disorder that primarily affects older adults and causes progressive memory loss and cognitive decline. Early and accurate diagnosis is crucial for managing the disease and providing appropriate care to patients. The market encompasses various diagnostic methods, including clinical evaluation, cognitive tests, neuroimaging techniques (such as MRI, PET, and CT scans), and cerebrospinal fluid (CSF) analysis. These methods help assess cognitive function, detect biomarkers, and identify structural and functional brain changes associated with Alzheimer’s disease.

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Segmentation

Alzheimer’s disease Diagnostic market has been segmented into type, Diagnostic test and end-user.

By Type : Early-onset Alzheimer’s , Late-onset Alzheimer’s , Familial Alzheimer’s disease,

Diagnostic test : Genetic testing , Neurological exam , Mini-mental state exam , Brain imaging

End Users : Clinics , Hospitals , Diagnostic Centers

Key Players

Eli Lilly and Company (UK) ,  TauRx (Republic of Singapore) , Alector LLC (US) , Accera Inc. (US) ,Treventis Corporation (US) ,  Neuro-Bio Ltd (UK) ,  Cognition Therapeutics Inc. (US)

Regional Analysis

North America has been a significant market for Alzheimer’s disease diagnostics, driven by factors such as a large aging population, advanced healthcare infrastructure, and high awareness about Alzheimer’s disease. The United States and Canada are key contributors to the market in this region. Research and development activities, technological advancements, and collaborations between academic institutions, pharmaceutical companies, and diagnostic manufacturers have further propelled market growth in North America.

Europe also holds a substantial share in the Alzheimer’s disease diagnostic market. Countries such as Germany, the United Kingdom, France, Italy, and Spain have a significant impact on market growth. Europe benefits from well-established healthcare systems, strong research capabilities, and increased funding for Alzheimer’s disease-related research. Additionally, initiatives by organizations like the European Alzheimer’s Disease Consortium (EADC) and the European Medical Agency (EMA) support the development and adoption of new diagnostic tools.

Browse In-depth Market Research Report (90 Pages) on Alzheimer’s Disease Diagnostic: https://www.marketresearchfuture.com/reports/alzheimers-disease-diagnostic-market-2149

The Asia Pacific region is witnessing rapid growth in the Alzheimer’s disease diagnostic market due to factors such as a large geriatric population, improving healthcare infrastructure, and rising awareness about neurological disorders. Countries like Japan, China, India, South Korea, and Australia are major contributors to market growth. Increasing government initiatives, research collaborations, and partnerships with international organizations have further stimulated market expansion in this region.

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