The Size of the Blood-Brain Barrier Technologies Market in the Asia Pacific was valued at USD 125.60 Million in 2023 and is projected to reach USD 371.33 Million by 2028, to grow at a prominent CAGR of 24.21% from 2023 to 2028.
A blood-brain barrier acts as a physiological barrier to a molecule that enters or penetrate to the brain. People in this generation are aging too fast than earlier generations. It might be due to habits such as alcohol or drug intake, smoking, unhealthy eating habits, and no physical fitness. The number of people aging will become double the present by the end of 2060. An increased aging population also raises chronic diseases and their prevalence in this region. According to the world health organization, 57% of the global population is currently facing one or the other chronic diseases such as cardiovascular diseases, cancers, neuron disorders, diabetes, etc. The aging brain is more prone to develop degenerative changes, and this requires drug therapy. To deliver the drug, blood-brain barrier technologies are more helpful and make it easier to provide the drug to the active site. This process and technologies are considered most resourceful in brain disorders, Alzheimer’s, epilepsy, Parkinson's diseases, hunter’s syndrome, multiple sclerosis, and its treatment. Hence this trend will increase and boost up the market growth.
The quantitative issue is commonly observed for a few drugs in the process of treatment. For instance, the drugs for a central nervous system such as erythropoietin, Remicade, and Enbrel, which are anti-inflammatory, antibodies do not cross blood-brain barriers in adequate quantities therapeutically. The approval and grants providing committees are expressing stringent regulations for drugs and technologies to get approved. Hence the production unit has to set special standards to meet the rules of these organizations. The regulatory framework and approval time for drugs are negatively affecting this market.
Regional Analysis:
The Asia Pacific is expected to see high growth rates and revenue for blood-brain barrier technologies throughout the forecast period. India and China expect the most massive growth due to its highest population, most extensive patient history and the quick aging process in people, increasing awareness about diseases, early detection and treatment for the same, and high technology. Government initiatives in creating awareness in public about aging and problems associated with aged care for the geriatric population and special healthcare schemes for the old age population also boost the blood-brain barrier technologies market.
Asia is anticipated to show high growth rates in the market forecast period, with China and India being the fastest-growing markets in the Asia Pacific. The primary driving forces for the market in emerging economies are the large pool of patients, growing awareness about the disease, improving healthcare infrastructure, and increasing government funding in the region.
Key players in the market are Bristol-Myers Squibb Company, Pfizer, Inc., biOasia Technologies, Inc., Cypress Biosciences, Inc., Janssen Pharmaceutical N.V., Teva Pharmaceuticals Industries, Ltd., F. Hoffmann La-Roche, Ltd., Eli Lilly and Company, Fabre-Kramer Pharmaceuticals, Inc., NeuroVive Pharmaceutical AB, and ArmaGen.
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