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Global Antipsychotic Drugs Market Research Report: Information by Generation (First Generation, Second Generation), Types of Antipsychotics (Atypical Antipsychotics, Miscellaneous Antipsychotics Agents), Therapeutic Applications(Schizophrenia, Anxiety, Bipolar Disorder) and Region (the Americas, Europe, Asia-Pacific, and the Middle East & Africa) - Forecast till 2027
Market Scenario
Antipsychotic Drugs Market is expected to grow significantly over the forecast period. The market held a market value of USD 18.5 million in 2018 and is projected to grow at 4.5% CAGR over the forecast period.
Antipsychotic—also called neuroleptics—is a class of medication used to treat psychosis, including hallucinations, delusions, paranoia, or disordered thought, schizophrenia and bipolar disorder. It is also used to treat Alzheimer's and other memory-related diseases. Antipsychotic drugs act by controlling the production of dopamine in the brain.
Antipsychotic Drugs Market Key Players:
Top Key Companies in the global Antipsychotic Drugs Market Share AstraZeneca (UK), Bristol-Myers Squibb (USA), Eli Lilly and Company (USA), GlaxoSmithKline PLC (UK), Johnson & Johnson (USA), and Pfizer Inc. (USA).
Antipsychotic Drugs Market Segmentation:
The global antipsychotic drugs market is segmented by generations and therapeutic applications.
- By generations, the global antipsychotic drugs market is segmented into, first generation, second generation, and third generation.
- By therapeutic applications, the antipsychotic drugs market is segmented into bipolar disorder, dementia, depression, schizophrenia, and others.
Antipsychotic Drugs Market Regional Insights:
A geographical outlining of the global antipsychotic drugs market covers the Americas (North America & South America), Europe, Asia Pacific, and the Middle East & Africa (MEA).
The Americas is the largest regional antipsychotic drugs market share as North America alone holds the potential of being a dominant market due to heavy investment in the R&D related to medicines and drugs. Due to technological advancements and availability of advanced medical facilities, North America is a bigger regional antipsychotic drugs market size than South America. USA and Canada generate maximum market revenue in this region. Many important key market players are based in the USA. Two most important market driving factors in this region are excellent reimbursements scenario in the USA and the rapid uptake of new drug molecules. Most of the crucial market players are based in the USA.
Europe is the second-largest regional antipsychotic drugs market share due to the high density of population and other reasons being the same as in North America. The most powerful country-specific markets in Europe are France, Germany, Italy, Spain, and the UK. An inspection of the remaining countries in Europe featured in this report speculate the huge contribution to market revenue from some other countries in this region.
During the forecast period, the Asia Pacific region can be the fastest growing regional market high density of population, improving healthcare facilities, and government efforts to improve healthcare, especially in China and India. Other pivotal country-specific markets in this region are Japan and South Korea. An observation of the remaining countries in the Asia Pacific region featured in this report calculates the huge addition to market revenue from some other countries.
The MEA region holds the lowest global antipsychotic drugs market share due to poor medical facilities and lack of skilled professionals.
Browse Full Research Report at: https://www.marketresearchfuture.com/reports/antipsychotic-drugs-market-2784
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