Global Methylphenidate Drug Market Research : Size, Share, Analysis, Applications, Growth Insight, and Future Forecast - 2028

The global methylphenidate drug market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Methylphenidate drugs is known as stimulants, that improves attention span, remains mentally active, and manages behavioral issues. This drug is majorly used to treat ADHD (attention deficit hyperactivity disorder). Methylphenidate drug market is predicted to grow significantly over the forecast period, due to the rising prevalence of ADHD disorder and the growing preference for less expensive and effective generic ADHD medications. According to the Centers for Disease Control and Prevention, as of 2019, approximately 6.1 million of the total population of the US have been diagnosed with ADHD. Furthermore, male population is more likely to be diagnosed with ADHD as compared to female, which is estimated around 12.9% compared to 5.6%.

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Additionally, NHS England established a five-year mental health plan. The government had implemented this plan from 2020 to 2021, with a total investment of $1.27 billion. Furthermore, rise in investments from of market participants catering to develop non-stimulant medications for ADHD/ hyperactivity disorder is expected to propel the growth of the market during the forecast period. For instance, in April 2021, Supernus ADHD drug received an approval from USFDA. It is first non-stimulant medication developed in a past decade.

Market Coverage
The market number available for - 2022-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Application
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- JanssenGlobal Services, LLC, Rhodes Pharmaceuticals L.P., Noven Pharmaceuticals, Inc., Ironshore Pharmaceuticals Inc., Lannett.   among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How are playersaddressing challenges to sustain growth?
Where is the investment opportunity?
Global Methylphenidate Drug Market Report by Segment
By Type
Tablet
Capsule

By Application

Children
Adults

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This release was published on openPR.