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Key Trend Reshaping the Bipolar Disorder Therapeutics Market in 2025: Strategic Partnerships Driving Growth In The Bipolar Disorder Therapeutics Market

02-21-2025 07:34 AM CET | Health & Medicine

Press release from: The Business Research Company

Bipolar Disorder Therapeutics Market Size

Bipolar Disorder Therapeutics Market Size

What combination of drivers is leading to accelerated growth in the bipolar disorder therapeutics market?
The escalation in healthcare expenses is predicted to boost the growth of the bipolar disorder therapeutics market. Healthcare infrastructure encompasses all expenditures related to medical care, preventative measures, public health initiatives, rehabilitation, community health activities, and medical research. The increase in healthcare spending is due to various factors such as an aging population, the surge in chronic diseases, and inflated drug prices, all of which notably heighten the demand for healthcare services and treatments. As the understanding of mental health conditions improves, there is a rise in the diagnosis of bipolar disorder, resulting in an increased requirement for therapeutic measures. For instance, projections from the Canadian Institute for Health Information, a non-profit organization based in Canada, showed that total healthcare expenditure in Canada is expected to rise by 2.8% in 2023, a significant progression from a meager 1.5% growth in 2022. Thus, the upswing in healthcare expenditure is fueling the progression of the bipolar disorder therapeutics market.

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What is the projected compound annual growth rate (CAGR) of the bipolar disorder therapeutics market from 2025 to 2034, and what factors influence it?
The market size of therapeutics for bipolar disorder has witnessed robust growth in recent years. The market is projected to expand from $7.44 billion in 2024 to $7.89 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.0%. Factors contributing to growth in the historic period include advancements in medical research and development, augmented healthcare expenditure, increasing instances of mental health disorders and stronger patient advocacy.

In the upcoming years, the bipolar disorder therapeutics market is projected to experience robust growth. The market is expected to surge to $9.98 billion by 2029, with a compound annual growth rate (CAGR) of 6.1%. The growth during the forecast period can be credited to the rising occurrence of bipolar disorder, governmental efforts, the development of the healthcare infrastructure, and the increasing preference for a sedentary lifestyle. Key trends during the forecast period encompass personalized treatment strategies, integration of digital health, groundbreaking medications, preventative measures, and the use of neuroimaging and biomarkers.

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How are the latest trends influencing the growth of the bipolar disorder therapeutics market?
Strategic collaborations are becoming increasingly significant in the bipolar disorder therapeutics market. Major firms in this sector are concentrating their efforts on forming partnerships to strengthen their standing. For example, in April 2022, BioXcel Therapeutics, Inc., an American biopharmaceutical firm, gave the green light to IGALMITM (dexmedetomidine), a unique FDA-approved under-the-tongue film specifically meant for the immediate treatment of agitation in adults suffering from schizophrenia or bipolar I or II disorder. This drug, which dissolves in the mouth, is specifically tailored to treat varying degrees of agitation in these patient groups. It's engineered for a quick onset of action, allowing for effective management of agitation episodes.

What are the major segments of the bipolar disorder therapeutics market and their role in driving growth?
The bipolar disorder therapeutics market covered in this report is segmented -

1) By Drug Class: Mood Stabilizers, Antipsychotic Drugs, Antidepressant Drugs, Other Drugs
2) By Mechanism: Selective Serotonin Reuptake Inhibitors, Serotonin-norepinephrine Reuptake Inhibitors, Tricyclic Antidepressants, Monoamine Oxidase Inhibitors, Benzodiazepines, Beta-Blockers, Other Mechanisms
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

Subsegments:
1) By Mood Stabilizers: Lithium, Anticonvulsants, Calcium Channel Blockers
2) By Antipsychotic Drugs: Atypical Antipsychotics, Typical Antipsychotics
3) By Antidepressant Drugs: Selective Serotonin Reuptake Inhibitors (SSRIs), Serotonin-Norepinephrine Reuptake Inhibitors (SNRIs), Tricyclic Antidepressants (TCAs)
4) By Other Drugs: Benzodiazepines, Adjunctive Therapies, Herbal Supplements

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Which regions are key players in the growth of the bipolar disorder therapeutics market?
North America was the largest region in the bipolar disorder therapeutics market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the bipolar disorder therapeutics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the key firms paving the way for growth in the bipolar disorder therapeutics market?
Major companies operating in the bipolar disorder therapeutics market include AbbVie Inc., Pfizer Inc., Astellas Pharma Inc, AstraZeneca PLC, Bristol-Myers Squibb, GlaxoSmithKline PLC, Januaryssen Pharmaceuticals, Novartis AG, Otsuka Pharmaceutical Co. Ltd., Validus Pharmaceuticals, Eli Lilly and Company, Gedeon Richter PLC., Sumitomo Pharma Co. Ltd, H. Lundbeck A/S, Janssen Pharmaceuticals, Sanofi S.A., Lundbeck A/S, Allergan plc, Takeda Pharmaceutical Company Limited, Sunovion Pharmaceuticals Inc., Alkermes plc, Mylan N.V., Teva Pharmaceutical Industries Ltd., Johnson & Johnson, Celon Pharma SA, NeuroRx Inc., IntraCellular Therapies Inc., Sumitomo Pharma Co. Ltd., Vanda Pharmaceuticals Inc., Sage Therapeutics Inc.

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What Is Covered In The Bipolar Disorder Therapeutics Global Market Report?

•Market Size Forecast: Examine the bipolar disorder therapeutics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the bipolar disorder therapeutics market for a structured understanding.
•Key Players Overview: Analyze major players in the bipolar disorder therapeutics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the bipolar disorder therapeutics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the bipolar disorder therapeutics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the bipolar disorder therapeutics market.
•Industry Challenges: Identify potential risks and obstacles affecting the bipolar disorder therapeutics market.
•Competitive Landscape: Review strategic developments in the bipolar disorder therapeutics market, including expansions, agreements, and new product launches.

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