Press release
Recent FDA Approvals Driving Growth in the Neuroleptic Drugs Market By 2031 | Most Leading Companies - Eli Lily and Company, Johnson and Johnson, Pfizer Inc., AstraZeneca plc, Otsuka Pharmaceutical Co, Ltd
Neuroleptic Drugs Market size is estimated to reach high at a CAGR of 5.6% during the forecast period (2024-2031).Neuroleptic Drugs Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Neuroleptic drugs, also known as antipsychotics, are a class of medications primarily used to manage psychotic disorders such as schizophrenia, bipolar disorder, and severe depression. They work by modulating neurotransmitter activity in the brain, particularly dopamine, to reduce symptoms like hallucinations, delusions, and mood disturbances. Neuroleptics are categorized into typical (first-generation) and atypical (second-generation) antipsychotics, with the latter often having fewer side effects.
List of the Key Players in the Neuroleptic Drugs Market:
Eli Lily and Company, Johnson and Johnson, Pfizer Inc., AstraZeneca plc, Otsuka Pharmaceutical Co, Ltd., Sumitomo Dainippon Pharma Co., Ltd., Alkermes plc, H. Lundbeck A/S, Abbvie Inc, Dr. Reddy's Laboratories Ltd
Industry Development:
On January 29, 2019, Sumitomo Dainippon Pharma Co., Ltd. introduced Latuda (lurasidone hydrochloride), an atypical antipsychotic, for the treatment of schizophrenia in China.
Growth Forecast Projected:
The Global Neuroleptic Drugs Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Neuroleptic Drugs Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Neuroleptic Drugs Market:
By Drug: First Generation (Typical), Second Generation (Atypical)
By Application: Schizophrenia, Bipolar Disorder, Unipolar Disorder, Dementia, Other
By End-User: Hospital Pharmacies, Retail Pharmacies, Other
Regional Analysis for Neuroleptic Drugs Market:
The regional analysis of the Neuroleptic Drugs Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Neuroleptic Drugs market?
➠ Who are the leading manufacturers in the global Neuroleptic Drugs industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Neuroleptic Drugs industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Neuroleptic Drugs market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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