Press release
Central Nervous System Drugs Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2026
The Central Nervous System Drugs Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.“The global central nervous system drugs market reached a value of nearly $125,277.9 million in 2020, having increased at a compound annual growth rate (CAGR) of 4.6% since 2015. The market is expected to grow from $125,277.9 million in 2020 to $163,045.4 million in 2025 at a rate of 5.4%. The market is expected to grow from $163,045.4 million in 2025 to $210,912.9 million in 2030 at a CAGR of 5.3%.”
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Top Leading Companies of Central Nervous System Drugs Market are - Biogen Inc., Johnson & Johnson, Hoffmann-La Roche Ltd, Novartis AG, UCB and others.
Market Overview:
The multiple sclerosis market was the largest segment of the central nervous system drugs market segmented by type, accounting for 27.4% of the total in 2020. Going forward, the other CNS drugs segment is expected to be the fastest growing segment in the central nervous system drugs market, at a CAGR of 7.7% during 2020-2025.
The central nervous system drugs market is segmented by distribution channel into hospital pharmacies, retail pharmacies/ drug stores and others. The hospital pharmacies market was the largest segment of the central nervous system drugs market segmented by distribution channel, accounting for 62.6% of the total in 2020. Going forward, the others segment is expected to be the fastest growing segment in the central nervous system drugs market, at a CAGR of 13.1% during 2020-2025.
The central nervous system drugs market is segmented by drug classification into branded drugs and generic drugs. The branded drugs market was the largest segment of the central nervous system drugs market segmented by drug classification, accounting for 74.9% of the total in 2020. Going forward, the generic drugs segment is expected to be the fastest growing segment in the central nervous system drugs market, at a CAGR of 8.2% during 2020-2025.
The Central Nervous System Drugs Market is segmented by Type and Application as follows:
1) By Type: Multiple Sclerosis (MS); Anti-Psychotic; Analgesics; Anti-Parkinson Drugs; Anesthetics; Anti-Epileptics; Anti-Depressants; Other CNS Drugs
2) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies/ Drug Stores; Others
3) By Route Of Administration: Oral; Intravenous; Intranasal/ Inhalation; Others
4) By Drug Classification: Branded Drugs; Generic Drugs
5) By Mode Of Purchase: Prescription-Based Drugs; Over-The-Counter Drugs
Regional Analysis:
North America was the largest region in the global central nervous system drugs market, accounting for 47.8 % of the total in 2020. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the central nervous system drugs market will be the South America and Africa where growth will be at CAGRs of 8.6% and 7.4% respectively during 2020-2025. These will be followed by Middle East and Asia Pacific, where the markets are expected to grow at CAGRs of 6.9% and 6.5% respectively.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Central Nervous System Drugs Market Size & Analysis (2016 - 2030)
- Market Share Analysis of Central Nervous System Drugs Market (%),2016 - 2030
- Central Nervous System Drugs Market Share, By Brand
- Central Nervous System Drugs Market Share, By Company
- Central Nervous System Drugs Market Assessment & Opportunity (Value),2016 - 2030
- Major Companies Central Nervous System Drugs Market Value Analysis & Forecast
- Promising Central Nervous System Drugs Development by Major Companies
- Detailed Central Nervous System Drugs Portfolio of the Major Companies
- Major Deals in the Central Nervous System Drugs Market
- Major Companies Analysis
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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