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(Medical-NewsWire.com, June 23, 2017 ) Neurologic disorders are defined as a change in the function of a nervous system. These are mainly caused due to structural change in activity of spinal cord, brain, and other nerves. These disorders are classified into three type’s namely Central nervous system disorders, Peripheral nervous system disorders, Autonomous nervous system disorders. These disorders involve progressive deterioration in mental and physical capabilities which disrupts the patient and patient’s family
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Genetic disorders, brain injury, infections, congenital health problems and other traumas cause change in the brain activity which leads to various diseases such as Parkinson’s, neurological cancers, Alzheimer’s, Huntington’s disease, epilepsy etc. So, Neurotherapeutics are used for the treatment of traumas causing diseases. Some of the neurotherapeutic products that are in development phase includes MEM 3454, NS2330, 189254, MKC-231, IL-13-PE38, 737004, SLV308, CEP 1347, KW-6002, MT 100, MT 300, Phosiphen, and BIBN4096 BS.
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The major factors that are driving the growth of the market are rise in the geriatric population, increasing R&D expenditure, increasing Health care expenditute, a better understanding of the nature of neurologic diseases. As an increasing number of the aged population are more susceptible to brain disorders. Therefore, the rise in aging population and life expectancy of the people will increase the global neurotherapeutics market. The factors that are challenging the growth of the market are restrictions by regulatory bodies, lack of proper reimbursement policy, and lack of awareness in some developing countries.
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Based on Treatment, the market is segmented into Neurologic drugs and Neurologic devices. Neurologic drugs are further classified into oral administration, injections and others. Whereas neurologic devices are further categorized into Electroconvulsive Therapy (ECT), Vagus Nerve Stimulation (VNS), transcranial magnetic stimulation, Deep Brain Stimulator, and others. Based on disorders, the market is segmented into Central Nervous system (CNS) disorders, Peripheral Nervous system (PNS) disorders, Autonomous Nervous system (ANS) disorders. Based on distribution channels the market is segmented into Hospitals, Neurotherapeutic center, Clinical research organizations, Clinics.
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Market Segmentation
Treatment
•Introduction
•Neurologic Drugs
•Oral Administration
•Injections
•Others
Neurologic Devices
•Electroconvulsive Therapy (ECT)
•Vagus Nerve Stimulation (VNS)
•Transcranial magnetic stimulation
•Deep Brain Stimulator
•Others
Disorders
•Introduction
•Central Nervous system disorder
•Peripheral Nervous system disorder
•Autonomous Nervous system disorder
Distribution Channels
•Introduction
•Hospitals
Neurotherapeutic center
•Clinical Research organisations
•Clinics
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