Memantine is used to treat moderate to severe confusion (dementia) related to Alzheimer's disease. It does not cure Alzheimer's disease, but it may improve memory, awareness, and the ability to perform daily functions. Memantine could help improve memory, attention, reasoning, and language. It helps balance glutamate, a brain chemical involved in memory and learning. Studies show that memantine can curb delusions, hallucinations, agitation, aggression, and irritability that can happen with dementia.
MARKET DYNAMICS
The memantine market is anticipated to grow due to the growing prevalence of chronic diseases. Moreover, the rise in government initiatives to enhance health care facilities, focus on research and increase in research funding contribute to the growth of the market for memantine.
MARKET SCOPE
The "Memantine Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of memantine market with detailed market segmentation by formulation and distribution channel. The memantine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in memantine market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The memantine market is segmented on the basis of formulation and distribution channel. Based on formulation, the market is segmented as tablet and capsule. On the basis of distribution channel, the market is categorized as hospital pharmacies, retail pharmacies, and online pharmacies.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the memantine market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The memantine market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting memantine market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the memantine market in these regions.
MARKET PLAYERS
The report covers key developments in the memantine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from memantine market are anticipated to have lucrative growth opportunities in the future with the rising demand for memantine in the global market. Below mentioned is the list of few companies engaged in the memantine market.
The report also includes the profiles of key players in memantine market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Allergan plc
- Daiichi Sankyo Company, Limited
- Dr. Reddy's Laboratories
- Eisai Co., Ltd.
- H. Lundbeck A/S
- Johnson & Johnson Services, Inc.
- Lupin Limited
- Merz Pharmaceuticals
- Novartis AG
- Ono Pharmaceutical Co Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.