Global Parkinson’s Disease Market for Spectacular Growth, Projected to Reach US$ 6.1 Billion by 2033 with a 5.1% CAGR

Parkinson's Disease Market
Parkinson’s Disease Market

The global Parkinson’s Disease market is projected to be valued US$ 3.7 billion. The global market is anticipated to expand at a consistent 5.1% CAGR between 2023 and 2033, culminating in a valuation of US$ 6.1 billion by the close of 2033.

Males are more likely than females to suffer Parkinson’s disease, according to the Parkinson’s Foundation. It was shown that men were more likely to experience it, with their risk being around 1.5 times higher than that of women. People over 60 are typically impacted by it. Exercise and other forms of therapy can help reduce a lot of the symptoms associated with Parkinson’s disease in addition to medication. Safinamide, levodopa, benztropine, pramipexole, and selegiline are a few of the medications that are crucial therapy alternatives for people with Parkinson’s disease.

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Increasing pharmacological approvals for the Parkinson’s disease treatment are anticipated to stimulate market expansion throughout the anticipated time frame. For instance, the Japanese pharmaceutical and biotechnology company Kyowa Kirin Co., Ltd. reported in August 2019 that the NOURIANZ medication has received FDA clearance in the United States (istradefylline). It is used as an additional therapy to levodopa/carbidopa in adult patients with Parkinson’s disease who are having ‘OFF’ episodes (PD).

When a patient’s medications are not functioning effectively, it can lead to an increase in Parkinson’s disease (PD) symptoms including tremor and walking problems, which is known as an “off episode.” In the US, NOURIANZ (istradefylline), an antagonist of the adenosine A2A receptor, is used for Parkinson’s disease. The medication offers patients with Parkinson’s disease a brand-new non-dopaminergic once-daily oral treatment alternative. Such developments are expected to spur the global growth in the Parkinson’s disease market from 2023-2033.

Key Takeaways from the Market Study

  • The global Parkinson’s disease market is currently worth more than US$ 4.82 Billion.
  • In 2023, the Carbidopa-levodopa segment by drug class type is expected to take the dominant market share of 32%.
  • In 2023, considering the age type, the adult segment is predicted to gain a 21% market share.
  • The North American market for Parkinson’s disease is predicted to grow with a steady CAGR of 12.5% from 2023-2033.
  • The APAC for Parkinson’s disease is expected to grow with a steady CAGR of 12% during 2023-2033.

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Competitive Landscape

Some of the top players in the global Parkison’s disease market are:

  • Sunovion Pharmaceuticals
  • Adamas Pharmaceuticals
  • Neurocrine Biosciences
  • Supernus Pharmaceuticals
  • Alectos Therapeutics
  • Kyowa Kirin
  • AbbVie
  • Integrative Research Laboratories AB
  • Annovis Bio Inc.
  • Cerevel Therapeutics
  • Biogen Inc.
  • Amneal Pharmaceuticals

Some of the recent developments in this domain are:

  • Biogen Inc. and Alectos Therapeutics signed an agreement in June 2022 to develop and market GBA2 inhibitors (AL01811), a possible therapy for Parkinson’s disease patients. This agreement grants Biogen worldwide rights to research, manufacture, and commercialize AL01811. They think they will be well-suited to assist bring AL01811 to patients who need it by combining Alectos’ experience in small-molecule therapies with Biogen’s worldwide development expertise in Parkinson’s disease. They are indeed energized by the prospect of using Biogen’s commercial skills to raise the standard of treatment in Parkinson’s disease as well as movement disorders in general.

More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Parkinson’s disease market, presenting historical demand data (2018-2022) and forecast statistics from 2023 to 2033.

The study divulges essential insights on the market based on the parkinson’s disease market by type (juvenile parkinson disease, young-onset parkinson’s disease, idiopathic parkinson disease), by age (adult and pediatric), by diagnosis (CT Scan, MRI Scan, DaTSCAN-SPECT scan, PET Scan), by drug class (carbidopa-levodopa, carbidopa-levodopa infusion, dopamine agonists, monoamine oxidase b inhibitors, catechol o-methyltransferase inhibitors, anticholinergics, amantadine) and regions.

Key Segments Profiled in the Amyotrophic Lateral Sclerosis Industry Survey


  • Medication
  • Stem Cell Therapy
  • Others

Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Others


  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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