Lewy Body Dementia Treatment Market: Introduction

  • Lewy body dementia (LBD) is the second-most common form of progressive dementia after Alzheimer’s disease. This is termed as dementia with protein deposits, known as Lewy bodies. These Lewy bodies are deposited in the region of the brain that is responsible for thinking, memory, and movement. Lewy body dementia causes a decline in mental abilities resulting in various symptoms such as visual hallucinations, rigid muscles, tremors, and slow movement. Other symptoms include poor regulation of body functions, cognitive problems, sleep difficulties, and depression.
  • LBD is the third-most common cause of dementia, thereby accounting for 5% to 10% of total cases. Lewy body is also estimated to be found in other brain disorders such as Alzheimer’s disease and Parkinson’s disease.

Request a sample to get extensive insights into the Lewy Body Dementia Treatment Market

Key Drivers, Restraints and Opportunities of Global Lewy Body Dementia Treatment Market

  • Rise in geriatric population and presence of key players in the market launching the drugs for managing dementia condition are few factors propelling the global Lewy body dementia treatment market. As per research, 40% of Parkinson’s patients are likely to suffer from Parkinson’s dementia disease after the age of 60. In China, the geriatric population is estimated to increase by 30% by 2040. This is expected to drive the demand for efficient treatment of LBD during the forecast period.
  • Robust research & development and investments in the same would drive the development of biologics and other advanced therapies for the management of LBD, which in turn is anticipated to propel the global market in the near future.
  • Lewy body dementia is a progressive disease which accounted for the 10% to 15% of the total cases of dementia. In the U.K., as per research, among 100 dementia patients, 10 to 15 patients suffer from LBD and hence, this statistic is estimated to boost the Lewy body dementia treatment market.
  • Underdiagnosis and late diagnosis of LBD in the geriatric population is likely to hinder the treatment for the same. Furthermore, there is no cure for LBD, which is estimated to be a key factor restraining the market.

North America to Capture Major Share of Global Lewy Body Dementia Treatment Market

  • North America is expected to account fora major share of the global lewy body dementia treatment attributable to a rise in the geriatric population, an increase in prevalence of dementia, rise in patient burden suffering from Alzheimer’s and Parkinson’s diseases, and technological advancements. Moreover, presence of key market players; availability of drugs to manage LBD; awareness created by various companies, associations & governments; and well-established healthcare infrastructure are major factors boosting the market in the region. As per National Institute of Neurological Disorders and Strokes, in 2019, an estimated 1.4 million people in the U.S. are likely to suffer from lewy body dementia, which includes Parkinson’s disease dementia.
  • The Lewy body dementia treatment market in Asia Pacific is estimated to expand at a significant pace during the forecast period. Underdiagnosis of neurological conditions, such as dementia, Parkinson’s, and Alzheimer’s disease in the region, and an increase in the geriatric population in China, Japan, South Korea, and India are expected to augment the Lewy body dementia treatment market in Asia Pacific in the near future.

To understand how our report can bring difference to your business strategy, Ask for a brochure

Key Players Operating in Global Lewy Body Dementia Treatment Market

The global Lewy body dementia treatment market is highly fragmented with the presence of various key small- and medium-sized players. A large number of manufacturers hold a major share in their respective regions. Major players operating in the global lewy body dementia market are:

  • BioArctic AB
  • Eisai Co., Ltd.
  • Axovant Sciences Ltd.
  • Sumitomo Dainippon Pharma Co., Ltd
  • Jazz Pharmaceuticals, Inc
  • Immungenetics AG
  • Noven Pharmaceuticals, Inc
  • Eli Lilly and Company
  • Novartis AG
  • Pfizer Inc
  • Bayer AG

Global Lewy Body Dementia Treatment Market: Research Scope

Global Lewy Body Dementia Treatment Market, by Drug Type

  • Cholinesterase Inhibitors
    • Rivastigmine
    • Donepezil
    • Galantamine 
  • Antipsychotic Drugs
  • Carbidopa-Levodopa
  • Antidepressants
  • Benzodiazepine
  • Modafinil
  • Others

Global Lewy Body Dementia Treatment Market, by Application

  • Dementia
  • Alzheimer’s disease
  • Parkinson disease dementia

Global Lewy Body Dementia Treatment Market, by Distribution Channel

  • Retail Pharmacies
  • Online Pharmacies
  • Retail Pharmacies

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
  • Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
  • Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
  • Business Composability for Sustainability (C-S): Constant strategy planning for sustainability characterizing our C-S framework in the report has become more relevant than before in the face of disruptions caused by pandemics, recessions, boom and bust cycles, and changing geopolitical scenario. The TMR study offers a high level of customization to help you achieve business composability. Composable enterprises are increasingly gaining the attention of CXOs in order to help them combat market volatility. Our analysts and industry experts help you wade through such uncertainties and guide you to become a smart sustainable business in entirety.

The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

Lewy Body Dementia Treatment Market