Product Code: ETC6186107 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Neurodegenerative disorder therapeutics in Australia are evolving with the development of both pharmacological and non-pharmacological treatment options. This includes medications targeting the underlying causes of diseases like Alzheimer`s and Parkinson`s as well as therapies that focus on symptom management and quality of life improvement. The market is fueled by increasing awareness of the need for early intervention, along with the introduction of new therapeutic agents, including gene therapies, immunotherapies, and neuroprotective drugs. Government support for research into neurodegenerative disorders also plays a vital role in the market`s expansion.
In Australia, the market for therapeutics targeting neurodegenerative disorders is evolving rapidly, especially as the population ages. The development of disease-modifying drugs that go beyond symptom management to target the underlying causes of conditions such as Alzheimer`s, Parkinson`s, and Huntingtons disease is a key trend. Companies are increasingly investing in research focused on neuroinflammation, oxidative stress, and protein misfolding as therapeutic targets. The approval of novel therapies, along with government-funded initiatives and clinical trials, is likely to drive growth in the therapeutics market.
The market for therapeutics aimed at neurodegenerative disorders in Australia faces several obstacles, including the lack of effective disease-modifying treatments. While symptomatic treatments exist, they do not slow disease progression, leaving a substantial unmet need in the market. The high costs associated with research and development of new therapeutics are also a barrier for pharmaceutical companies, especially given the relatively small patient population for certain disorders. Regulatory hurdles and the long duration of clinical trials further complicate the market landscape, delaying the availability of innovative therapies.
The therapeutics segment offers a fertile ground for partnerships between pharmaceutical companies and biotech firms. With increasing prevalence rates and strong demand for effective symptom management, the sector is ripe for investments in novel drug delivery systems, personalized medicine, and anti-inflammatory compounds. Government incentives for rare disease research further enhance the attractiveness of this market.
In Australia, the neurodegenerative disorder therapeutics market is influenced by policies surrounding medical research and drug approval processes. The TGA plays a central role in the regulation and approval of new therapeutic drugs. There are also tax incentives and subsidies available for pharmaceutical companies conducting research and development on treatments for conditions like Alzheimers and Huntingtons disease. Additionally, the Australian governments funding for clinical trials and public health initiatives supports the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Neurodegenerative Disorder Therapeutics Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Neurodegenerative Disorder Therapeutics Market - Industry Life Cycle |
3.4 Australia Neurodegenerative Disorder Therapeutics Market - Porter's Five Forces |
3.5 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume Share, By Indication, 2021 & 2031F |
3.6 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume Share, By Drug Glass, 2021 & 2031F |
3.7 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.8 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume Share, By End- User, 2021 & 2031F |
4 Australia Neurodegenerative Disorder Therapeutics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of neurodegenerative disorders in Australia |
4.2.2 Technological advancements in drug development for neurodegenerative disorders |
4.2.3 Growing awareness and focus on mental health and related disorders |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for drug approval in Australia |
4.3.2 High cost associated with research and development of neurodegenerative disorder therapeutics |
4.3.3 Limited availability of skilled healthcare professionals specialized in treating neurodegenerative disorders |
5 Australia Neurodegenerative Disorder Therapeutics Market Trends |
6 Australia Neurodegenerative Disorder Therapeutics Market, By Types |
6.1 Australia Neurodegenerative Disorder Therapeutics Market, By Indication |
6.1.1 Overview and Analysis |
6.1.2 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Indication, 2021- 2031F |
6.1.3 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Multiple sclerosis, 2021- 2031F |
6.1.4 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Alzheimers Disease, 2021- 2031F |
6.1.5 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Parkinsons Disease, 2021- 2031F |
6.1.6 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Huntingtons Disease, 2021- 2031F |
6.1.7 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Neurodegenerative Disorder Therapeutics Market, By Drug Glass |
6.2.1 Overview and Analysis |
6.2.2 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Immunomodulator, 2021- 2031F |
6.2.3 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Interferons, 2021- 2031F |
6.2.4 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Decarboxylase Inhibitors, 2021- 2031F |
6.2.5 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Dopamine Agonists, 2021- 2031F |
6.2.6 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Australia Neurodegenerative Disorder Therapeutics Market, By Route of Administration |
6.3.1 Overview and Analysis |
6.3.2 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Oral, 2021- 2031F |
6.3.3 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Injection, 2021- 2031F |
6.3.4 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Transdermal, 2021- 2031F |
6.4 Australia Neurodegenerative Disorder Therapeutics Market, By End- User |
6.4.1 Overview and Analysis |
6.4.2 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Hospital Pharmacy, 2021- 2031F |
6.4.3 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Retail Pharmacy, 2021- 2031F |
6.4.4 Australia Neurodegenerative Disorder Therapeutics Market Revenues & Volume, By Online Pharmacy, 2021- 2031F |
7 Australia Neurodegenerative Disorder Therapeutics Market Import-Export Trade Statistics |
7.1 Australia Neurodegenerative Disorder Therapeutics Market Export to Major Countries |
7.2 Australia Neurodegenerative Disorder Therapeutics Market Imports from Major Countries |
8 Australia Neurodegenerative Disorder Therapeutics Market Key Performance Indicators |
8.1 Patient enrollment in clinical trials for neurodegenerative disorder therapeutics |
8.2 Number of research publications related to neurodegenerative disorder therapeutics in Australia |
8.3 Investments in neurodegenerative disorder research and development by pharmaceutical companies in Australia |
9 Australia Neurodegenerative Disorder Therapeutics Market - Opportunity Assessment |
9.1 Australia Neurodegenerative Disorder Therapeutics Market Opportunity Assessment, By Indication, 2021 & 2031F |
9.2 Australia Neurodegenerative Disorder Therapeutics Market Opportunity Assessment, By Drug Glass, 2021 & 2031F |
9.3 Australia Neurodegenerative Disorder Therapeutics Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.4 Australia Neurodegenerative Disorder Therapeutics Market Opportunity Assessment, By End- User, 2021 & 2031F |
10 Australia Neurodegenerative Disorder Therapeutics Market - Competitive Landscape |
10.1 Australia Neurodegenerative Disorder Therapeutics Market Revenue Share, By Companies, 2024 |
10.2 Australia Neurodegenerative Disorder Therapeutics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |