Key Takeaways from Analyst
Dementia drugs market can witness growth over the forecast period due to rising geriatric population globally, which is the major risk factor for dementia.
North America currently dominates the market due to high healthcare expenditure and growing awareness about dementia. However, Asia Pacific region is likely to witness fastest growth due to rapidly aging population in China and India.
While several big pharmaceuticals are focusing on developing disease-modifying drugs for dementia, high failure rates of clinical trials can hamper the market growth.
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