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Top Trends Transforming the Generic Central Nervous System Drugs Market Landscape in 2025: Generic CNS Drugs Market Embraces Biosimilar Development For Enhanced Treatment Options
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Generic Central Nervous System Drugs Industry Market Size Be by 2025?
The market size of generic central nervous system drugs has been showing robust growth in the recent past. There will be an increase from $88.43 billion in 2024 to $93.53 billion in 2025, representing a compound annual growth rate (CAGR) of 5.8%. Factors contributing to growth during the historic period includes an increasing number of surgeries, rapid expansion in emerging markets, growth in pharmaceutical R&D, an aging population, and augmented healthcare spending.
What's the Long-Term Growth Forecast for the Generic Central Nervous System Drugs Market Size Through 2029?
In the next few years, the generic central nervous system drugs market is anticipated to experience robust growth to reach a size of "$123.41 billion in 2029, representing a compound annual growth rate (CAGR) of 7.2%. This expected growth in the forecast period can be attributed to factors such as increased government initiatives for mental health awareness, a surge in healthcare spending, a growing geriatric population, and a solid pipeline of drugs in development. Key trends projected for this period encompass investment in wearable technology, the use of biomarkers in CNS research, alterations to existing drugs, investing in drug development pipelines, the application of 3D printing for drug production and a focus on fostering partnerships with established research institutions and companies.
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What Are the Key Growth Drivers Fueling the Generic Central Nervous System Drugs Market Expansion?
The rise in mental health disorders is anticipated to fuel the expansion of the generic central nervous system (CNS) drug market in the future. A mental health disorder denotes a discernible defect in an individual's cognitive function, emotional management, or behavior, generally associated with discomfort or significant dysfunction in important life aspects. Generic CNS drugs are vital in managing mental health disorders as they provide economical and readily available treatment alternatives. For example, the Health and Social Care Information Centre, a UK governmental organization providing content, data, and information technology for specialists, clinicians, and administrators in the health and social care sectors, reported in November 2022, that the percentage of 17 to 19-year-olds suspected of having a mental disorder had increased from 17.4% in 2021 to 25.7% in 2022. Therefore, the escalating occurrence of mental health disorders is a key driver for the generic central nervous system (CNS) drug market.
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Which Fast-Growing Trends Are Poised to Disrupt the Generic Central Nervous System Drugs Market?
Key players in the generic central nervous system drugs market are concentrating their efforts on creating biosimilars for conditions affecting the central nervous system (CNS). The creation and approval of biosimilars for certain biologic drugs used to treat CNS disorders is becoming increasingly trendier as it provides more affordable options compared to brand-name biologics. For example, the Switzerland-based pharmaceutical firm, Sandoz, introduced natalizumab-sztn, the first biosimilar for combating relapsing forms of multiple sclerosis (MS) in October 2023. This is applicable to clinically isolated syndrome, relapsing-remitting MS, and active secondary progressive MS. MS is a chronic, progressive autoimmune disease that attacks the central nervous system. Numerous patients suffering from this disease experience cycles of remission and relapse, which deteriorates their life quality. However, this treatment should not be used for patients with progressive multifocal leukoencephalopathy (PML) or who have had PML in the past.
How Is the Generic Central Nervous System Drugs Market Segmented?
The generic central nervous system drugs market covered in this report is segmented -
1) By Type: Multiple Sclerosis (MS), Anti-Psychotic, Analgesics, Anti-Parkinson Drugs, Anesthetics, Anti-Epileptics, Anti-Depressants, Other Types
2) By Drug Classification: Branded Drugs, Generic Drugs
3) By Disease: Neurovascular Diseases, CNS Trauma, Mental Health, Neurodegenerative Diseases, Infectious Diseases, CNS Cancer
4) By Route Of Administration: Oral, Intravenous, Intranasal Or Inhalation, Other Route Of Administrations
5) By Mode Of Purchase: Over-The-counter drugs, Prescription-Based Drugs
6) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels
Subsegments:
1) By Multiple Sclerosis (MS): Interferons, Glatiramer Acetate, Sphingosine-1 Phosphate Receptor Modulators, Monoclonal Antibodies
2) By Anti-Psychotic: Atypical Antipsychotics, Typical Antipsychotics
3) By Analgesics: Non-Opioid Analgesics, Opioid Analgesics, Combination Analgesics
4) By Anti-Parkinson Drugs: Dopamine Agonists, MAO-B Inhibitors, COMT Inhibitors, Anticholinergics
5) By Anesthetics: General Anesthetics, Local Anesthetics
6) By Anti-Epileptics: Sodium Channel Blockers, GABA Enhancers, Glutamate Modulators, Other Mechanisms
7) By Anti-Depressants: Selective Serotonin Reuptake Inhibitors (SSRIs), Serotonin-Norepinephrine Reuptake Inhibitors (SNRIs), Tricyclic Antidepressants (TCAs), Monoamine Oxidase Inhibitors (MAOIs), Atypical Antidepressants
8) By Other Types: Cognitive Enhancers, Anxiolytics, Sleep Aids
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Which Companies Are Leading the Charge in Generic Central Nervous System Drugs Market Innovation?
Major companies operating in the generic central nervous system drugs market include Biogen Inc., Johnson & Johnson, Hoffmann-La Roche Ltd, Novartis AG, UCB, Sanofi, Pfizer Inc., Merck KGaA, Sumitomo Dainippon Pharma, AbbVie, Recipharm AB, Neuraxpharm, Sun Pharmaceutical limited, Ranbaxy Laboratories, Merz Pharma GmbH & Co. KGaAare, AstraZeneca, Apotex, Gilead Sciences, Bayer, GlaxoSmithKline, Amgen, Abbott Laboratories, Janssen Pharmaceutica, Teva Canada, Accord Healthcare Inc., Acerus Pharmaceuticals Corporation, Amgen, EMS Pharma, Hypermarcas, Eurofarma, Teuto Brasileiro, Biolab Farmaceutica, Cristalia, União Quimica, Boehringer Ingelheim, Eli Lilly and Company, Adcock Ingram
Which Regions Are Leading the Global Generic Central Nervous System Drugs Market in Revenue?
North America was the largest region in the generic central nervous system drugs market in 2024. The regions covered in the generic central nervous system drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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