The schizophrenia segment emerged dominant in the global antipsychotic drugs market in 2018. The segment had acquired an astonishing 45.2% of the global “antipsychotic drugs market share” in the same year owing to the rising prevalence of the disorder. This information is published in a report by Fortune Business Insights, titled, “Antipsychotic Drugs: Global Market Analysis, Insights and Forecast, 2019-2026.” According to the report, the global market was worth US$ 14,963.5 Mn in 2018. However, Fortune Business Insights predicts that the global market will reach US$ 20,539.5 Mn by 2026, exhibiting a CAGR of 4.0% in the forecast period.
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Leading Players operating in the Antipsychotic Drugs Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Lundbeck A/S
Otsuka Pharmaceutical Co., Ltd.
Janssen Pharmaceuticals, Inc.
Eli Lilly and Company
AstraZeneca
ALLERGAN
Vanda Pharmaceuticals Inc.
Sumitomo Dainippon Pharma Co., Ltd.
Alkermes plc
Pfizer Inc.
Bristol-Myers Squibb Company
Other Prominent Players
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this Antipsychotic Drugs Market. Please visit: https://www.fortunebusinessinsights.com/industry-reports/antipsychotic-drugs-market-101390
Rapid Shift Towards Advanced and Safe Drugs to Favor Growth in North America
Geographically, the global antipsychotic drugs market is grouped into Latin America, Asia Pacific, North America, the Middle East and Africa, and Europe. Amongst these regions, North America had acquired US$ 9,307.3 Mn antipsychotic drugs market revenue in the year 2018. The growth is attributed to the increasing patient pool suffering from psychotic disorders in the region. Additionally, a rapid shift of these patients towards safe antipsychotic drugs for the treatment of schizophrenia, bipolar disorder, and other psychotic diseases is expected to drive the antipsychotic drugs market in this region. Several healthcare organizations in North America have also begun promoting such drugs for treatment.
In Asia Pacific, emerging countries, such as India, China, and other Southeast Asian countries have a large patient pool who are suffering from various disorders, especially schizophrenia. Moreover, the populace residing in these countries are preferring second-generation drugs over first-generation antipsychotic drugs. It is because of the increasing healthcare expenditure and increasing awareness programs regarding the usage of these drugs. Fortune Business Insights predicts that Europe would follow the footsteps of North America and would remain in the second position throughout the forecast period. The growth is attributed to a rise in the patient population and increasing incidence of psychotic diseases.
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Detailed Table of Content:
Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Overview of Prevalence of Psychiatric Disorders by Key Regions
Pipeline Analysis
Key Industry Developments
New Product Launches
Analysis of the Cost and Burden of Mental Health Disorders
Analysis of Antipsychotics in Treatment of Dementia
Analysis of First Generation Antipsychotics versus Second & Third Generation Antipsychotics
Overview of R&D Initiatives
Global Antipsychotic Drugs Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Disease
Schizophrenia
Bipolar Disorder
Unipolar Depression
Dementia
Others
Market Analysis, Insights and Forecast – By Therapeutic Class
First Generation
Second Generation
Third Generation
Market Analysis, Insights and Forecast – By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Others
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
North America Antipsychotic Drugs Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Disease
Schizophrenia
Bipolar Disorder
Unipolar Depression
Dementia
Others
Market Analysis – By Therapeutic Class
First Generation
Second Generation
Third Generation
Market Analysis – By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Others
Market Analysis – By Country
Canada
Europe Antipsychotic Drugs Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Disease
Schizophrenia
Bipolar Disorder
Unipolar Depression
Dementia
Others
Market Analysis – By Therapeutic Class
First Generation
Second Generation
Third Generation
Market Analysis – By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Others
Market Analysis – By Country
Germany
France
Spain
Italy
Scandinavia
Rest of Europe
Asia Pacific Antipsychotic Drugs Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Disease
Schizophrenia
Bipolar Disorder
Unipolar Depression
Dementia
Others
Market Analysis – By Therapeutic Class
First Generation
Second Generation
Third Generation
Market Analysis – By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Others
Market Analysis – By Country/ Sub-Region
Japan
China
India
Australia
Southeast Asia
Rest of Asia Pacific
Continued...
Report Focus:
Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Antipsychotic Drugs Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:
Comprehensive analysis of the Antipsychotic Drugs Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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