Global Attention Deficit Hyperactivity Disorder (ADHD) Therapeutics Market will be Driven by the Digital Medicines with Top Key Players- Novartis AG, Highland Therapeutics, Pfizer, Eli Lilly, Etc

ADHD Therapeutics Market Highlight

Market Research Future (MRFR) has released a new report on the global ADHD therapeutics market. The report examines the product segmentation and regional segmentation of the market, in addition to the market’s competitive landscape, and presents forecasts for the forecast period (2017-2023).

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Attention-deficit/hyperactivity disorder (ADHD) is a neurodevelopmental disorder characterized by three primary symptoms: inattention, hyperactivity, and impulsivity. The causes of ADHD are not well understood, but genetic factors are assumed to play a role in the development of the disorder. Exposure to toxins at a young age and brain injuries are also seen as contributing factors towards the development of ADHD.
At its core, ADHD is a disorder that makes it difficult for the person to pay attention, keep still, and control one’s impulses. While it is normal for children to have difficulty paying attention and staying still, people with ADHD never grow out of these symptoms and remain in that state well into adulthood. This can cause difficulty in school, as an inability to pay attention can result in the person falling behind in schoolwork, as well as at home, as people with ADHD tend to be very impulsive and forgetful. Daydreaming excessively, forgetting things, and making careless mistakes that could have been avoided simply by paying attention are considered to be classic symptoms of ADHD. Increasing awareness regarding ADHD is the primary driver for the global ADHD therapeutics market over the forecast period, as many parents still remain unaware of the condition, let alone of the possibility of curing it through medication.

ADHD Therapeutics Market Segmental Analysis:

The global ADHD therapeutics market has been segmented on the basis of drug type, distribution channel, and region.

On the basis of drug type, the global ADHD therapeutics market is segmented into stimulants and non-stimulants. Stimulants are highly effective in treating ADHD quickly, as they enhance dopamine production, which allows for a greater attention span and clearer thinking. Non-stimulants are used if a person is allergic to a stimulant or if a stimulant is not working in the particular instance. Non-stimulants take more time, but are eventually just as effective as stimulants in increasing the focus and attention span.

On the basis of distribution channel, the ADHD therapeutics market is segmented into hospitals, clinics, research laboratories, pharmacies, and others. Hospitals and clinics hold the dominant share in the global ADHD therapeutics market and are likely to remain the dominant distribution channel in the global ADHD therapeutics market over the forecast period.

ADHD Therapeutics Market Regional Analysis:

Geographically, the global ADHD therapeutics market is segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World. Of these, North America and Europe are likely to be the two largest regional markets for ADHD therapeutics over the forecast period. The presence of a highly developed neurological research network and easy availability of advanced therapeutics are the key drivers for the North America and Europe markets for ADHD therapeutics. The APAC ADHD therapeutics market has been a distant third in the global charts, as children with ADHD in APAC countries are often not treated for the same due to the absence of awareness about ADHD. However, this situation is changing, resulting in steady growth of the APAC ADHD therapeutics market over the forecast period.

ADHD Therapeutics Market Competitive Analysis:

Leading players in the global ADHD therapeutics market include Novartis AG, Highland Therapeutics Inc., Pfizer Inc., Eli Lilly and Company, Shire, NEOS Therapeutics Inc., Teva Pharmaceutical, Janssen Global Services LLC, Noven Pharmaceuticals Inc., and Concordia International Corporation.

Research into ADHD therapeutics is likely to be a promising avenue for players in the global ADHD therapeutics market over the forecast period, as the disorder is still not well understood. As a result, research into the disorder is ongoing and is likely to continue into the coming years, making the development of innovative therapeutics a rewarding channel for major market players.

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