Australians are set to gain access to the first diagnostic blood test for Alzheimer's disease, a development researchers say could transform early detection and treatment pathways.

The Therapeutic Goods Administration is moving to approve the test, which offers a less invasive alternative to current diagnostic methods such as spinal taps or PET scans.

The introduction of a blood-based biomarker test represents a significant step in the commercialization of Alzheimer's diagnostics.

By enabling earlier and more accessible identification of the disease, the test could accelerate patient enrollment in clinical trials and expand the pool of candidates eligible for emerging disease-modifying therapies.

This shift from late-stage diagnosis to early detection is a key driver for the long-term growth of the neurology sector.

While the immediate financial impact on specific pharmaceutical or diagnostic companies is not yet quantified, the regulatory milestone validates the underlying technology and market demand.