Global Acute Agitation And Aggression Treatment Market
Healthcare Services

What’s The Growth Forecast For Acute Agitation And Aggression Treatment Market Through 2024-2033?

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The acute agitation and aggression treatment market has witnessed robust growth, escalating from $5.4 billion in 2023 to $5.72 billion in 2024, with a compound annual growth rate (CAGR) of 5.9%. This trajectory is fueled by advances in pharmacology, increased clinical research, regulatory approvals, a rise in the prevalence of acute agitation and aggression cases, and heightened awareness regarding mental health.

Anticipating Continued Growth: A Look into the Future The market is poised for sustained growth, with projections estimating an increase to $7.23 billion in 2028, exhibiting a CAGR of 6.0%. The forthcoming surge is attributed to factors such as a growing aging population, expanding healthcare infrastructure, increased pharmaceutical industry investment, a rise in home-based care, and an overall increase in disposable income.

Dementia Incidence: A Driving Force in Market Expansion

  • Dementia’s Impact:The increase in dementia cases propels the growth of the acute agitation and aggression treatment market.
  • Behavioral Manifestations:Agitation, a common symptom in dementia, necessitates effective treatment for improved patient quality of life.
  • Projected Australian Statistics:In 2022, an estimated 401,300 Australians had dementia, with projections indicating a potential doubling by 2058.

Major Players Shaping the Landscape

  • Key Market Players:Pfizer Inc., Johnson & Johnson Pvt Ltd., F Hoffmann-La Roche Ltd., and others contribute to market growth.
  • Diverse Portfolio:Companies like AbbVie Inc., Novartis AG, Sanofi SA, and Bristol-Myers Squibb Company address various facets of acute agitation and aggression treatment.

Innovation Spotlight: Sublingual Film IGALMI (Dexmedetomidine)

  • Groundbreaking Treatment:IGALMI (dexmedetomidine) is a sublingual film offering a novel approach to treating acute agitation associated with schizophrenia or bipolar disorder.
  • Quick-Acting Solution:BioXcel Therapeutics Inc.’s product starts working within minutes and has a short duration of around 2 hours.
  • FDA Approval:In April 2022, the Food and Drug Administration approved IGALMI, showcasing the industry’s commitment to advancing treatment options.

Strategic Acquisitions: SK Capital Partners and Apotex Inc.

  • Acquisition Overview:In April 2023, SK Capital Partners LP acquired Apotex Inc., a Canada-based generic pharmaceutical producer, for an undisclosed amount.
  • Market Expansion:SK Capital’s acquisition of Apotex aims to expand its presence in the generic pharmaceutical market and strengthen its overall investment in healthcare.

Market Segmentation: Understanding the Dynamics The acute agitation and aggression treatment market is segmented to provide a comprehensive understanding of its intricate dynamics.

  1. By Treatment Approach:
    • Behavioral Approaches
    • Environmental Interventions
    • Pharmacologic Approaches
  2. By Drug Class:
    • Anti-Psychotics
    • Benzodiazepines
    • Other Drug Classes
  3. By Route of Administration:
    • Oral
    • Intramuscular
    • Other Routes of Administrations
  4. By Indication:
    • Schizophrenia
    • Dementia
    • Bipolar Disorder
    • Depression
    • Drug-Induced Agitation And Aggression
    • Alcohol Withdrawal
    • Other Indications
  5. By End User:
    • Hospitals And Ambulatory Surgical Centers
    • Psychiatric Care Facilities
    • Other End Users

Regional Dynamics: North America Leading, Asia-Pacific Rising

  • North America:Emerged as the largest region in the acute agitation and aggression treatment market in 2023.
  • Asia-Pacific:Anticipated to be the fastest-growing region in the forecast period, signaling a shift in global healthcare dynamics.

Conclusion: Steering Toward a Transformed Future As the acute agitation and aggression treatment market advances, it not only witnesses substantial growth but also undergoes significant transformations. The intersection of innovative treatments, strategic acquisitions, and a comprehensive market segmentation approach shapes the future of mental health treatment. With major players at the helm, technological advancements, and a growing awareness of mental health, the market is set to play a crucial role in enhancing the quality of life for those affected by acute agitation and aggression.

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