Press release
Antipsychotic Drugs Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
The global antipsychotic drugs market is anticipated to grow at a significant CAGR during the forecast period. Antipsychotic drugs are medications used to treat psychological disorders such as schizophrenia and bipolar disorder. Psychosis is a critical symptom that occurs due to mental illness, including loss with reality affecting how one processes information. Though, on contrary to the general perception, the possibility of men and women being affected by bipolar disorder is similar. Thus, the surge in the cases of the disease among females as well as males coupled with the rising need to manage the disease effectively is projected to lead to the demand for these drugs, thereby augmenting the growth of the global antipsychotic drugs market.With the shifting perspective of the global population toward mental health, there is an increased demand for diagnosis and treatment of various mental disorders. Bipolar disorder, being one such prevalent issue, which is anticipated to spur its drugs market. As per the Institute for Health Metrics and Evaluation (IHME), Global Burden of Diseases, the prevalence of bipolar disorder across the world varies from 0.3 to 1.2% by country. In 2017 around 46 million people in the world had bipolar disorder, with 52% and 48% being female and male, respectively. The typical age of onset is the late teens or the early 20s, and a history of depression is common in people diagnosed with bipolar disorder. However, the high cost associated with the treatment of these mental issues is expected to hamper the market growth.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2029
Segment Covered-
o By Application
o By Drug Classification
Regions covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape: Pfizer Inc., Eli Lilly & Co., and AstraZeneca plc, among others.
Antipsychotic Drugs Market Report by Segment
By Application
Dementia
Bipolar Disorder
Schizophrenia
Dementia
Others
By Drug Classification
First Generation (Typical)
Second Generation (Atypical)
A full Report of Antipsychotic Drugs Market is Available @ https://www.omrglobal.com/industry-reports/antipsychotic-drugs-market
Antipsychotic Drugs Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
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