Data Bridge Market Research analyses that the memory disorders market will grow at a CAGR of 7.90% during the forecast period of 2022 to 2029. The “dementia” accounts for the largest type segment in the memory disorders market within the forecasted period.

The market is expected to experience tremendous growth within the forecast period as there will be an increased in prevalence of the memory associated diseases, which generally affects millions of people around the world, though it is more common in the elderly. Moreover, the market is expected to show a negative growth within the forecast period due to the effects of restrictions caused by sudden outbreak of COVID-19.

Recent Developments

In Oct 2020, Third Dementia Innovation Readiness Index was launched in 30 global cities by Alzheimer's disease International, the Global Coalition on Aging (GCOA), and the Lien Foundation.
In Jan 2021, The LSP Dementia Fund, a fund dedicated to fighting neurodegenerative diseases, was launched in Amsterdam by LSP, Europe's leading life sciences investor, and Professor Philip Scheltens, a world-renowned dementia scientist.
Global Memory Disorders Market Scope
The memory disorders market is segmented on the basis of type, medication, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

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Type

Dementia
Amnesia
Others
On the basis of type, memory disorders market is segmented into dementia, amnesia and others. Dementia is further divided into dementia with lewy bodies, frontotemporal dementia, HIV dementia, vascular dementia, Alzheimer's disease, mild cognitive impairment, normal pressure hydrocephalus and others. Amnesia is further divided into transient global amnesia, Korsakoff syndrome and others. Dementia is expected to show significant growth due to the high prevalence of this disorder across the globe.

Medication

Drugs
Physical Therapy
Psychotherapy
Others
On the basis of medication, memory disorders market is segmented into drugs, physical therapy, psychotherapy and others.

Route of Administration

Oral
Parenteral
Others
On the basis of route of administration, the memory disorders market is segmented into oral, parenteral and others.

End-Users

Hospitals
Specialty Clinics
Others
On the basis of end-users, the memory disorders market is segmented into hospitals, specialty clinics and others.

Distribution Channel

Hospital Pharmacy
Retail Pharmacy
Others
On the basis of distribution channel, the memory disorders market is segmented into hospital pharmacy, retail pharmacy and others.

Memory Disorders Market Regional Analysis/Insights
The memory disorders market is analyzed and market size insights and trends are provided by country, type, medication, route of administration, end-users and distribution channel as referenced above.

The countries covered in the memory disorders market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the memory disorders market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the increase burden of memory disorder, high research and development and healthcare expenditure and availability of drugs in the market may increase the memory disorders treatment market in this region.

Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period due to the increase in economic value, advancement of technology and rising demand of treatment medication in the region.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Competitive Landscape and Memory Disorders Market Share Analysis
The memory disorders market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to memory disorders market.

Some of the major players operating in the memory disorders market are Novartis AG, AstraZeneca, Bristol-Myers Squibb Company, AbbVie Inc., Eli Lilly and Company, Pfizer Inc., VTV Therapeutics, H. Lundbeck A/S, TauRx Pharmaceuticals Ltd, DAIICHI SANKYO COMPANY LIMITED, GlaxoSmithKline Plc, Merck & Co Inc., Echo Pharma, Teva Pharmaceuticals Industries Ltd., Takeda Pharmaceutical Company Limited, Bayer AG, Biogen, WOCKHARDT BIO AG., Dr. Reddy’s Laboratories Ltd., Sun Pharmaceuticals Industries Ltd., Allergan, and Mylan N.V., among others.