The Cognitive Impairment Disorders Treatment Market is expected to grow by leaps and bounds in the forecast period. Nanotechnology’s medical application is on the anvil. As such, nanomedicine is an outcome of the technology operating at the molecular, atomic, or supramolecular scale. The broad application areas of nanomedicine include sensing, imaging, diagnosis, and delivery via medical devices. This would certainly keep the healthcare vertical upgraded continuously.
Cognitive impairment varies from mild to severe. With mild cognitive impairment, patients experience mild symptoms but as the cognitive impairment becomes severe, patients started losing its thinking ability and as a result leads to complete memory loss. Alzheimer’s disease and other dementias with respect to conditions such as stroke, developmental disabilities and traumatic brain injury can lead to cognitive impairment.
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According to Center for Disease Control and Prevention report statistics, more than 16 million people in the United States are living with cognitive impairment. Cognitive impairment mostly affects people of age 65 years or older.
The global cognitive impairment disorders treatment market will contribute substantial revenue generation in the market owing to rising burden of cognitive impairment, growing number of aging population and increasing economic burden is likely to stimulate the growth of cognitive impairment disorders treatment market.
Moreover, increase in brain injuries, chronic diseases such as Parkinson’s disease, diabetes and stroke may drive the cognitive impairment disorders treatment market. Currently, no cure has been developed to treat cognitive impairment caused by Alzheimer disease since date. Drugs that are approved for the treatment of Alzheimer’s disease has not shown benefit in treating cognitive impairment and thus it may hinder the growth of cognitive impairment disorders treatment market.
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Market Segmentation
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Similarly Europe intend to have increasing growth in cognitive impairment disorders treatment market owing to advancement in technology and also growing incidences of cognitive impairment that leads to growth of cognitive impairment disorders treatment market.
Asia Pacific seems to have potential growth in cognitive impairment disorders treatment market due to high demand of treatment medication and rising economy which as a result leads to the growth of cognitive impairment disorders treatment market.
Japan also contribute significant growth in cognitive impairment disorders treatment market due to growing aging population, increasing government initiatives in the region propel the growth of cognitive impairment disorders treatment market.
Middle East and Africa have less contribution towards the growth of cognitive impairment disorders treatment market due to poor healthcare facilities, low economy and less availability of treatment options that may impact the growth of cognitive impairment disorders treatment market.
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