Germany Central Nervous System Therapeutic Market Size & Outlook
Germany central nervous system therapeutic market, 2018-2028 (US$M)
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Germany central nervous system therapeutic market highlights
- The Germany central nervous system therapeutic market generated a revenue of USD 6,449.2 million in 2020 and is expected to reach USD 10,298.1 million by 2028.
- The Germany market is expected to grow at a CAGR of 6% 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.
Central nervous system therapeutic market data book summary
| Market revenue in 2020 | USD 6,449.2 million |
| Market revenue in 2028 | USD 10,298.1 million |
| Growth rate | 6% (CAGR from 2020 to 2028) |
| Largest segment | Mental health |
| Fastest growing segment | Neurodegenerative Diseases |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 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, Germany accounted for 6.1% of the global central nervous system therapeutic market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany central nervous system therapeutic market is projected to lead the regional market in terms of revenue in 2028.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 4,805.2 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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Germany 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 44.53% in 2020. Horizon Databook has segmented the Germany 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.
Germany is the one of the major markets for CNS therapeutics in the Europe region, such as depression, with women being affected almost three times higher than men, as reported by German Depression Foundation.
Several initiatives are being launched by the German government to effectively deal with this growing problem. For instance, the German government adopted the National Dementia Strategy in July 2020 in collaboration with German Alzheimer Society.
The strategy is expected to provide comprehensive solution to support patients and advance health as well as long-term care services for people affected by dementia, along with promoting excellence in research for the condition.
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Target buyers of Germany 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 country-level data and insights on the Germany central nervous system therapeutic market , including forecasts for subscribers. This country databook contains high-level insights into Germany central nervous system therapeutic market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Germany central nervous system therapeutic market size, by disease, 2018-2028 (US$M)
Germany Central Nervous System Therapeutic Market Outlook Share, 2020 & 2028 (US$M)
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