Global Bipolar Disorder Therapeutics Market Size, Share, Growth, Industry Trends and Forecast 2020-2030

Bipolar disorder is a mentally unstable condition that is prolonged for the lifetime and creates a series of manic, depression and mood swings. The patient dealing with such an issue leads to an unstable and unproductive life. During the initial stage of manic, the person seems to be hyperactive and irresponsible, whereas, during the stage of depression, the person seems to be very calm and uninteractive. The bipolar disorder happens due to different reasons such as stress, self -esteem problems, childhood trauma, and another genetic inheritance issue. There are different stages for the same as the manic stage, hypomanic stage, and depressive stage. A large number of people in the world are suffering from mental illness which results in an increase in alcohol consumption among the people. In order to spread awareness among the people around the world, 30th March is considered as World Bipolar Day.
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Market Dynamics and Factors:
Owing to the increase of bipolar disorder cases, medical needs, technological advancement, and world government initiatives to deal with more cases are the major factors which are driving the market. However, due to the lack of proper diagnostic procedures and proper identification of disorder and its side effects are the major restraints. Moving ahead the advancement in therapies of drugs and other social programs will help in the growth of the bipolar disorder therapeutics market. Social stigma related to this disease and unawareness among the people as to how to deal with the disorder related issue is the major challenges in the society.
Market Segmentation:
Global Bipolar Disorder Therapeutics Market – By Drug Class
Mood Stabilizers
Anti-Psychotics Drugs
Antidepressant Drugs
Global Bipolar Disorder Therapeutics Market – By Mechanism of Action
Selective Serotonin Reuptake Inhibitors
Serotonin-Nor Epinephrine Reuptake Inhibitors
Tricyclic Antidepressants
Mono Amine Oxidase Inhibitors
Benzodiazepines
Beta Blockers
Global Bipolar Disorder Therapeutics Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
North America dominates the global bipolar disorder therapeutics market due to an increase in awareness among the people, advancement in technology, advancement in healthcare sectors, the introduction of biosimilars and a rise in the prevalence of bipolar disorder. A large part of the population in the USA itself is undergoing the treatment for bipolar disorder and the count id nearly 48% of the total population. Europe is considered as the second-largest market for bipolar disorder therapeutics. Alos, the market for bipolar disorder therapeutics in the Asia Pacific is expected to expand at a higher growth rate due to an increase in investment in R&D, increasing awareness among people, increasing investment by pharmaceutical companies, and availability of skilled manpower for product manufacturing.
Competitive Scenario:
The key players operating in the global bipolar disorder therapeutics market include AstraZeneca, Bristol-Myers Squibb Company, Eli Lilly and Company, Astellas Pharma Inc., Allergan plc. , Johnson & Johnson, GlaxoSmith Kline plc. AbbVie Inc., Pfizer Inc., and Novartis AG.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Bipolar Disorder Therapeutics industry, although key threats, opportunities and disruptive technologies that could shape the Global Bipolar Disorder Therapeutics Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Bipolar Disorder Therapeutics Market most.
The data analysis present in the Global Bipolar Disorder Therapeutics Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Bipolar Disorder Therapeutics Market business.
The 2021 Annual Global Bipolar Disorder Therapeutics Market offers:
100+ charts exploring and analysing the Global Bipolar Disorder Therapeutics Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Bipolar Disorder Therapeutics Market type
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