Market analysis of Neuro Therapeutics

Management of acute and chronic neurologic diseases can be challenging for both the patient and the health care worker. The market analysis of neurotherapeutics represent the largest and untapped market in medicine sector. This estimated market analysis is based on probability of approval and sales of products in late stage development, demographic trends and marketing of product. Emerging markets once again helps to boost revenues. CNS therapeutics comprise approximately 15% of total pharmaceutical sales, nearly $30 billion worldwide. The efficient CNS pharmaceuticals have the potential to provide a huge benefit to patients and economic development. An estimated annual economic costs of anxiety disorders, depression, and schizophrenia are $47 billion, $44 billion, and $33 billion per year approximately. Generally  therapeutics development, for every 5,000 to 10,000 compounds screened, commonly about 250 will enter preclinical trials. The success rates for neurotherapeutics, are far lower than average. Decline in success rates late in development hugely accelerate the financial risk of  development in Neuro therapeutics. U.S. pharmaceutical R&D expenditures exceed those of any other major industrial sector, than high investment sectors such as computer software and services industries. Neural disorders such as , multiple sclerosis,epilepsy and Parkinson’s disease inflict great pain and suffering on patients, and every year costs the U.S. economy billions of dollars. Industrial  advancenments in biopharmaceutical research companies are developing 444 new medicines to prevent and treat neurological diseases which include:  82 medicines for Alzheimer’s disease, which afflicts more than 5 million Americans.  82 medicines for pain 100 million U.S. adults experience chronic pain.  62 medicines for brain tumors nearly 70,000 Americans are diagnosed each year with a primary brain tumor. 38 medicines for multiple sclerosis, 28 medicines for epilepsy and seizures,  27 medicines for Parkinson’s disease, which affects as many as 1 million Americans.  For headache 25 medicines , including migraines, thereby focusing utmost importance in the field of drug research for neurological disorders and Drug Development, Current Clinical Research, Market Value and Growth of Drugs.

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