Neuroprotective products market to accomplish strong revenue growth

Press Release   •   Jul 06, 2012 09:50 BST

The neuroprotective products market is forecast to accomplish strong revenue growth over the next decade, especially from 2017, with the market set to reach $2.6 billion in 2014. Within five years many clinical trials will have finished and drugs will gain regulatory approval.

Growth within the neuroprotective products market is set to be driven by the rising incidence and prevalence of neurodegenerative diseases in ageing populations, along with the treatment of brain injuries, especially those from traffic accidents.

Neuroprotection is the mechanisms and strategies used to protect against neuronal injury or degeneration in the Central Nervous System (CNS) following acute disorders (e.g. stroke or nervous system injury/trauma) or as a result of chronic neurodegenerative diseases (e.g. Parkinson's, Alzheimer's, Multiple Sclerosis).

The goal of neuroprotection is to limit neuronal dysfunction/death after CNS injury and attempt to maintain the highest possible integrity of cellular interactions in the brain resulting in an undisturbed neural function.

The pharmaceutical industry will develop more treatments for neuronal protection, with high revenues possible this decade and beyond. The main aim of drug developers is to prevent neuronal death and revive damaged neurons (neuroregeneration). Not all neuroprotective agents will be neuroregenerative, however.

For more information on the neuroprotective products market, see the latest research: Neuroprotective Products Market Report

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