World Population Prospects predicts that by 2050, there will be 2.1 billion individuals over the age of 60 and that the number of persons over the age of 80 would triple to 425 million. 5.8 million Americans currently have Alzheimer's disease, and by 2050, the figure is expected to reach 14 million, according to the Alzheimer's Association. The market is driven by the rising demand for treatments for neurodegenerative disorders as a result of the incidence of neurodegenerative illnesses among the ageing population.
