Healthcare Industry Parkinson's Disease Therapeutics Market Trends | Page 2
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Geographically, the global Parkinson’s Disease Therapeutics Market is categorized into Europe, Asia Pacific,
North America, and Rest of the World. North America is a regional leader owing to high cases of this disease
and a strong reimbursement policy. According to the PDF (Parkinson’s Disease Foundation), there ar e nearly
60000 Americans who are diagnosed with this ailment every year. Europe is anticipated to be the second
largest market after North America over the forecast period. The region is driven by high R&D investments by
most companies operating in this market. Brazil, China, and India are expected to be lucrative regions owing
to presence of high unmet medical needs and introduction of alternative therapeutic options, such as deep
brain stimulation devices. Prominent companies in the global Market are Orion Corporation, St. Jude Medical,
Kyowa Hakko Kirin Co. Ltd., GlaxoSmithKline, and Teva Pharmaceuticals.
Recently, a French technology startup entered into a partnership with Fayet, a cane products manufacturer.
Fayet has been handcrafting walking sticks since 1999. The two companies together created the “Smart
Cane”. It is equipped with a number of movement sensors, including a gyroscope and an accelerometer. This
walking stick directly connects with GSM networks and sends alerts via SMS, email, or call to caretakers and
family members in case the concerned patient falls. This device doesn’t need to be connected with any other
device.
Parkinson’s patients often experience “freezing” and are thus susceptible to falls and injuries. Active
Protective is a device that is basically a belt that incorporates the “fall in progress” technology. It deploys
airbag protection around the hip area just before the patient faces the impact. This takes place within a
fraction of a second.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/healthcare-
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