Global Antipsychotic Drugs Market Size to Reach $26.04 Billion by 2030: Allied Market Research

Rise in prevalence of mental health disorders and increase in awareness of psychological disorders drive the growth of the global antipsychotic drugs market. However, the outbreak of the COVID-19 pandemic have had a negative impact the global antipsychotic drugs market because few specialized mental health provision has been cut to increase capacity to treat physical impact of COVID-19.

Pune, INDIA


Portland, OR, Oct. 07, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global antipsychotic drugs market generated $12.4 billion in 2020, and is projected to reach $26.04 billion by 2030, witnessing a CAGR of 8.0% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

For Right Perspective and Competitive Insights, Get Sample Report at: https://www.alliedmarketresearch.com/request-sample/437

Rise in prevalence of mental health disorders and increase in awareness of psychological disorders drive the growth of the global antipsychotic drugs market. However, side-effects of antipsychotic therapeutics restrain the market to some extent. On the other hand, high growth potential in developing economies present new opportunities in the upcoming years.

COVID-19 scenario:

  • The outbreak of the COVID-19 pandemic have had a negative impact the global antipsychotic drugs market.
  • Few specialized mental health provision has been cut to increase capacity to treat physical impact of COVID-19.
  • Moreover, many general hospital psychiatric wards have been converted into COVID-19 wards. These factors hampered the global antipsychotic drugs market to a great extent.

The report offers detailed segmentation of the global antipsychotic drugs market based on therapeutic class, application, distribution channel, and region.

Based on therapeutic class, the second generation segment held the highest market share in 2020, holding more than half of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, this segment is estimated to register the highest CAGR of 8.2% from 2021 to 2030, while first generation registered CAGR of 7.7% from 2021 to 2030. 

Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/437

Based on distribution channel, the retail pharmacies segment held the largest market share in 2020, holding nearly half of the total market share, and is expected to continue its leadership status during the forecast period. However, the online pharmacies segment is projected to register the highest CAGR of 9.8% from 2021 to 2030.

Based on region, the global antipsychotic drugs market across North America contributed to the highest share in terms of revenue in 2020, holding nearly half of the total market share, and is estimated to continue its dominant share by 2030. However, Asia-Pacific is projected to manifest the fastest CAGR of 9.8% during the forecast period.

Leading players of the global antipsychotic drugs market analyzed in the research include Eli Lily and Company, AstraZeneca plc, GlaxoSmithKline plc, Johnson & Johnson, Otsuka Pharmaceutical Co, Ltd., Pfizer Inc., AbbVie Inc., Bristol-Myers Squibb, Teva Pharmaceuticals, and Dr. Reddy's Laboratories.

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Request for 14 days free trial: https://www.alliedmarketresearch.com/avenue/trial/starter

“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”

Trending Reports in Healthcare Industry (Book Now with 10% Discount):

Fetal Monitoring Market - Global Opportunity Analysis and Industry Forecast, 2020–2028

Patient Mechanical Lift Handling Equipment Market - Global Opportunity Analysis and Industry Forecast, 2019-2028

Electrosurgical Devices Market - Global Opportunity Analysis and Industry Forecast, 2019-2028

Nanomedicine Market - Global Opportunity Analysis and Industry Forecast, 2019–2028

Vascular Guidewires Market - Global Opportunity Analysis and Industry Forecast, 2019–2028

Advanced Wound Care Market - Global Opportunity Analysis and Industry Forecast, 2019–2028

Antifungal Drugs Market - Global Opportunity Analysis and Industry Forecast, 2019–2028

Medical Laser Market - Global Opportunity Analysis and Industry Forecast, 2019–2028

Mass Spectrometry Market - Global Opportunity Analysis and Industry Forecast, 2019–2028

Disposable Gloves Market - Global Opportunity Analysis and Industry Forecast, 2019–2028

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

Coordonnées