Antipsychotic Drugs Market Witnessed Positive Impact Of COVID-19 As Number Of Mental Disorders Cases Increased During The Pandemic

📝Market Overview:

There are several types of antipsychotic drugs that are available for the treatment of schizophrenia. The most common types include clozapine, aripiprazole, and fluvoxamine. Each type of antipsychotic has its own specific side effects and uses. Read on to learn more about the different types of antipsychotic drugs. There is some controversy over whether antipsychotic drugs can cause motor and behavioral side effects. Although antipsychotics are highly effective for short-term treatment of psychosis, prolonged use of antipsychotics results in high rates of relapse. Studies suggest that upregulation of D2 receptor does not correlate with reduced symptoms after prolonged treatment.

Key players operating in the global antipsychotic drugs market include Allergan, Inc., Johnson & Johnson; Glaxo SmithKline, Plc; Pfizer, Inc.; AstraZeneca; Eli Lilly & Co.; and Bristol-Myers Squibb.

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Market Dynamics:

Growing number of cases of mental illnesses is expected to propel growth of the global antipsychotic drugs market over the forecast period. The number of people suffering from severe mental illnesses is growing and the increase in this number is leading to rising existing burden on the healthcare system, healthcare services providers. For instance, according to the National Alliance of Mental Illness (NAMI), mental illness affected 21% of adults, which is 52.9 million people in the U.S. in 2020 and 5.6%, which is 14.2 million people of these experienced serious mental illness in the same year.

However, high cost of mental health programs and rising substance abuse is likely to hamper growth of the global antipsychotic drugs market over the forecast period.

Impact of COVID-19:

The epidemic of COVID-19 affected more than 100 countries all over the world. Due to stringent regulations imposed by government of many countries people had to stay inside the house in order to prevent further spread of the virus. These measures significantly impacted mental health of people all over the world. The prevalence rate of mental disorders increased during this period. Hence, the demand for antipsychotic drugs increased all around the world during the COVID-19 pandemic, which positively affected growth of the global antipsychotic drugs market.

⏩ As Follows: Antipsychotic Drugs Market Segmentation:

On the basis of drug type, the global anti-psychotic drugs market is segmented into:

First-generation Drugs (Standard / Typical Antipsychotic Agents)
Thorazine (Chlorpromazine HCl)
Serentil (Mesoridazine Besylate)
Mellaril (Thioridazine HCl)
Haldol (Haloperidol)
Loxitane (Loxapine Succinate)
Trilafon (Perphenazine)
Navane (Thiothixene)
Sordinol (Clopenthixol)
Others

Second-generation Drugs (Atypical Antipsychotic Agents)
Zyprexa (Olanzapine)
Geodon (Ziprasidone)
Seroquel (Quetiapine)
Risperdal (Risperidone)
Clozaril (Clozapine)
Invega (Paliperidone)
Asendin (Amoxapine)
Latuda (Lurasidone)
Others
Third-generation Drugs
Abilify (Aripiprazole)
Others

On the basis of application, the global anti-psychotic drugs market is segmented into:

Schizophrenia
Bipolar Disorder
Dementia
Unipolar Depression
Others

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▶️Segmented by Region/Country

North America (U.S., Canada, Mexico)

Europe (U.K., France, Germany, Spain, Italy, Central and Eastern Europe, CIS)

Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)

Latin America (Brazil, Rest of L.A.)

Middle East and Africa (Turkey, GCC, Rest of Middle East)

⏩ Competitive Landscape

The Global Antipsychotic Drugs market's competitive analysis section includes information and business insights. The competition, market overview by firm status, and the business outlook by region are some of the information that is introduced. These businesses fully take use of product launches, collaborations, technical breakthroughs, agreements, and partnerships to increase market pay.

⏩ Regional Prospects

The Antipsychotic Drugs market is divided geographically into several key areas, each of which has its own revenue, market share, sales, and growth rates. Europe, South America, North America, Asia-Pacific, the Middle East, and Africa are just a handful of the regions covered. Latin America is predicted to have a modest share of the global market in terms of value, while North America is expected to maintain its dominance in the global market and gain significant market share in both volume and value.

⏩ Conclusion

The study is based on first-hand experience, qualitative and quantitative analysis by industry analysts, and comments from key market players and industry experts. On a segment-by-segment basis, the study examines developments in the parent industry, micro- and macroeconomic indicators, governing factors, and market attractiveness. The study also demonstrates how various market parameters impact geography and market segmentation in terms of quality.

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⏩ Why You Should Buy This Antipsychotic Drugs Market Report:

☑ The report analyzes regional growth trends and future opportunities.
☑ Detailed analysis of each segment provides relevant information.
☑ The data collected in the report is investigated and verified by analysts.
☑ This report provides realistic information on supply, demand, and future forecasts.

⏩ Table of Content - Analysis of Key Points

Chapter 1, description, Specifications and Bracket of Antipsychotic Drugs, Applications of Antipsychotic Drugs, Market Segment by Regions;

Chapter 2, Manufacturing Cost Structure, staple and Suppliers, Manufacturing Process, Assiduity Chain Structure;

Chapter 3, Technical Data and Manufacturing shops Analysis of Antipsychotic Drugs, Capacity and Commercial Production Date, Manufacturing shops Distribution, R&D Status and Technology Source, Raw Accoutrements Sources Analysis;

Chapter 4, Overall request Analysis, Capacity Analysis( Company Segment), Deals Analysis( Company Member), Deals Price Analysis( Company Member);

Chapter 5 and 6, Regional marketing research that includes United States, China, Europe, Japan, Korea & Taiwan, Antipsychotic Drugs Segment Market Analysis( by Type);

Chapter 7 and 8, The Antipsychotic Drugs Segment Market Analysis( by operation) Major Manufacturers Analysis of Antipsychotic Drugs;

Chapter 9, Market analysis , Regional Market Trend, Market Trend by Product Type Natural preservative, Chemical preservative, Market Trend by Application

Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;

Crucial questions answered in Antipsychotic Drugs request report

Continued…

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