Asia Pacific Central Nervous System Therapeutic Market Size & Outlook
Asia Pacific central nervous system therapeutic market, 2018-2028 (US$M)
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Asia Pacific central nervous system therapeutic market highlights
- The Asia Pacific central nervous system therapeutic market generated a revenue of USD 25,058.9 million in 2020.
- The market is expected to grow at a CAGR of 7.3% from 2021 to 2028.
- In terms of segment, mental health was the largest revenue generating disease in 2020.
- Neurodegenerative Diseases is the most lucrative disease segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2021 to 2028.
Asia Pacific data book summary
| Market revenue in 2020 | USD 25,058.9 million |
| Market revenue in 2028 | USD 43,984.7 million |
| Growth rate | 7.3% (CAGR from 2020 to 2028) |
| Largest segment | Mental health |
| Fastest growing segment | Neurodegenerative Diseases |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Neurovascular Diseases, CNS Trauma, Mental Health, Neurodegenerative Diseases, Infectious Diseases, CNS Cancer |
| Key market players worldwide | Biogen Inc, Otsuka Pharmaceutical, Eli Lilly and Co, Merck & Co Inc, AstraZeneca PLC, Novartis AG ADR, Teva Pharmaceutical Industries Ltd, Johnson & Johnson, Pfizer Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.6% of the global central nervous system therapeutic market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,984.7 million by 2028.
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Central Nervous System Therapeutic Market Scope
Central Nervous System Therapeutic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific central nervous system therapeutic market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to central nervous system therapeutic market will help companies and investors design strategic landscapes.
Mental health was the largest segment with a revenue share of 45.53% in 2020. Horizon Databook has segmented the Asia Pacific central nervous system therapeutic market based on neurovascular diseases, cns trauma, mental health, neurodegenerative diseases, infectious diseases, cns cancer covering the revenue growth of each sub-segment from 2018 to 2028.
Asia Pacific region is expected to grow at the fastest rate over the forecast period. High prevalence of neurodegenerative diseases, increasing awareness regarding mental health, and improving healthcare infrastructure in the region are anticipated to boost regional market growth.
Developed countries in the Asia Pacific region, such Japan, South Korea, and Australia, have better healthcare policies and established public health policies focused on mental health. Moreover, developing countries in the region are reforming healthcare policies to improve the life of patients living with neurological disorders.
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Target buyers of Asia Pacific central nervous system therapeutic market databook
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Our clientele includes a mix of central nervous system therapeutic market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific central nervous system therapeutic market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific central nervous system therapeutic market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific central nervous system therapeutic market size, by country, 2018-2028 (US$M)
Asia Pacific Central Nervous System Therapeutic Market Outlook Share, 2020 & 2028 (US$M)
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