Antipsychotic Drugs Market 2020 Industry Analysis by Share, Outlook, Trends and Forecast till 2026
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.
Detailed Table of Content:
- IntroductionResearch Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market DynamicsMarket Drivers
- Market Restraints
- Market Opportunities
- Key InsightsOverview 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, 2015-2026Key Findings / Summary
- Market Analysis, Insights and Forecast – By DiseaseSchizophrenia
- Bipolar Disorder
- Unipolar Depression
- Dementia
- Others
- Market Analysis, Insights and Forecast – By Therapeutic ClassFirst Generation
- Second Generation
- Third Generation
- Market Analysis, Insights and Forecast – By Distribution ChannelHospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Others
- Market Analysis, Insights and Forecast – By RegionNorth America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- North America Antipsychotic Drugs Market Analysis, Insights and Forecast, 2015-2026Key Findings / Summary
- Market Analysis – By DiseaseSchizophrenia
- Bipolar Disorder
- Unipolar Depression
- Dementia
- Others
- Market Analysis – By Therapeutic ClassFirst Generation
- Second Generation
- Third Generation
- Market Analysis – By Distribution ChannelHospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Others
- Market Analysis – By CountryS.
- Canada
- Europe Antipsychotic Drugs Market Analysis, Insights and Forecast, 2015-2026Key Findings / Summary
- Market Analysis – By DiseaseSchizophrenia
- Bipolar Disorder
- Unipolar Depression
- Dementia
- Others
- Market Analysis – By Therapeutic ClassFirst Generation
- Second Generation
- Third Generation
- Market Analysis – By Distribution ChannelHospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Others
- Market Analysis – By CountryK.
- Germany
- France
- Spain
- Italy
- Scandinavia
- Rest of Europe
- Asia Pacific Antipsychotic Drugs Market Analysis, Insights and Forecast, 2015-2026Key Findings / Summary
- Market Analysis – By DiseaseSchizophrenia
- Bipolar Disorder
- Unipolar Depression
- Dementia
- Others
- Market Analysis – By Therapeutic ClassFirst Generation
- Second Generation
- Third Generation
- Market Analysis – By Distribution ChannelHospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Others
- Market Analysis – By Country/ Sub-RegionJapan
- China
- India
- Australia
- Southeast Asia
- Rest of Asia Pacific
Continued...
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- Customer research services
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- Latest technological developments
- Value chain analysis
- Potential Antipsychotic Drugs Market opportunities
- Growth dynamics
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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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