Global Neurodegenerative Diseases Therapeutics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Indication;

Multiple Sclerosis, Alzheimer’s Disease, Parkinson's Disease, Huntington's Disease, and Others.

By Drug Type;

N-Methyl-D-Aspartate Receptor Antagonists, Cholinesterase Inhibitors, Dopamine Agonists, Immunomodulatory Drugs, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn285977230 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Neurodegenerative Diseases Therapeutics Market (USD Million), 2021 - 2031

In the year 2024, the Global Neurodegenerative Diseases Therapeutics Market was valued at USD 60,858.74 million. The size of this market is expected to increase to USD 81,115.76 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.

The global neurodegenerative diseases therapeutics market is experiencing robust growth due to the rising prevalence of conditions such as Alzheimer's disease, Parkinson's disease, Huntington's disease, and amyotrophic lateral sclerosis (ALS). As populations age, the incidence of these diseases has significantly increased, creating a growing demand for effective therapeutic interventions. Neurodegenerative diseases involve the progressive degeneration of the nervous system, leading to cognitive and motor impairments that severely impact patients' quality of life. The complexity of these disorders and their long-term nature make them challenging to treat, but the market is seeing continued advancements in drug development and research aimed at slowing disease progression and improving patient outcomes.

Key therapeutic approaches in the neurodegenerative diseases market include pharmacological treatments, gene therapies, and immunotherapies. Pharmacological therapies, such as cholinesterase inhibitors for Alzheimer's and levodopa for Parkinson's, are the cornerstone of current treatments, though their efficacy is often limited to symptom management rather than halting disease progression. Recent breakthroughs in biologics, including monoclonal antibodies for Alzheimer's, offer hope for targeting the underlying causes of disease, such as amyloid plaques. Additionally, gene therapies and stem cell treatments are being explored as potential cures, with clinical trials progressing in the hopes of offering long-term solutions for neurodegenerative diseases.

Despite the progress, the neurodegenerative diseases therapeutics market faces several challenges, including high treatment costs, lengthy drug development timelines, and the difficulty of conducting clinical trials due to the slow progression of these diseases. Regulatory hurdles and the lack of definitive biomarkers for early diagnosis also complicate the development of effective therapies. However, increased investment in research and development from both public and private sectors, as well as partnerships between pharmaceutical companies and academic institutions, are expected to drive continued innovation in this field. The market is expected to grow significantly in the coming years, driven by the need for more targeted and personalized treatments for neurodegenerative diseases.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Indication
    2. Market Snapshot, By Drug Type
    3. Market Snapshot, By Region
  4. Global Neurodegenerative Diseases Therapeutics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Musculoskeletal Disorders
        2. Technological Advancements in Therapeutics
        3. Rising Healthcare Expenditure and Investment
        4. Growing Patient Awareness and Demand for Effective Treatments
        5. Expanding Pipeline of Innovative Therapies
      2. Restraints
        1. High Treatment Costs and Affordability Challenges
        2. Stringent Regulatory Processes and Approval Delays
        3. Limited Access in Low-Income Regions
        4. Shortage of Skilled Healthcare Professionals
        5. Side Effects and Safety Concerns of Advanced Therapies
      3. Opportunities
        1. Growth in Biologics and Biosimilars
        2. Rising Demand for Minimally Invasive Treatment Options
        3. Advancements in Regenerative Medicine and Stem Cell Therapies
        4. Expansion of Digital Health Solutions and Telemedicine
        5. Potential in Emerging Markets for Growth and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Neurodegenerative Diseases Therapeutics Market, By Indication, 2021 - 2031 (USD Million)
      1. Multiple Sclerosis
      2. Alzheimer’s Disease
      3. Parkinson's Disease
      4. Huntington's Disease
    2. Global Neurodegenerative Diseases Therapeutics Market, By Drug Type, 2021 - 2031 (USD Million)
      1. N-Methyl-D-Aspartate Receptor Antagonists
      2. Cholinesterase Inhibitors
      3. Dopamine Agonists
      4. Immunomodulatory Drugs
      5. Others
    3. Global Neurodegenerative Diseases Therapeutics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ALLERGAN
      2. Biogen
      3. Novartis
      4. Teva Pharmaceutical
  7. Analyst Views
  8. Future Outlook of the Market