
The global Parkinson's disease therapeutics market was valued at US$ 2.18 Bn in 2016 and is projected to register a cumulative annual growth rate (CAGR) of more than 10.9% from 2017 to 2025, according to a new report titled "Parkinson's Disease Threapeutics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025" published by Transparency Market Research (TMR) (. The report states that high prevalence of Parkinson's disease, rise in geriatric population across the globe, increase in funding for clinical research and grants, etc. are expected to spur the growth of the Parkinson's disease therapeutic drugs during the forecast period, i.e. 2017 to 2025. North America and Europe are projected to dominate the global Parkinson's disease therapeutics market in the near future, primarily due to the large base of aging population, high clinical R&D budget to address the unmet needs of Parkinson's disease, and increase in awareness regarding the disease in these regions. Europe is estimated to dominate the global Parkinson's disease therapeutics market by the end of 2025, which can be ascribed to the high prevalence and rise in incidence rate of Parkinson's disease in the developed countries in the region such as Germany, France, the U.K., and Italy, promising product pipeline, and various initiatives undertaken by the government and non-profit organizations to promote awareness regarding the disease. The Parkinson's disease therapeutics market in Europe is expected to witness the highest CAGR of more than 11.0% from 2017-2025.