Latest Bipolar Disorder Therapeutics Market Growth Study 2022-2026 By The Business Research Company
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The bipolar disorder therapeutics market is forecasted to achieve high growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 4%, as per The Business Research Company’s market report!
Read More On The Bipolar Disorder Therapeutics Market Report 2022 – https://www.thebusinessresearchcompany.com/report/bipolar-disorder-therapeutics-global-market-report
The Bipolar Disorder Therapeutics Market Size In 2022 And Forecast
The global bipolar disorder therapeutics market is expected to grow from $6.00 billion in 2021 to $6.47 billion in 2022 at a compound annual growth rate (CAGR) of 7.8%. The global bipolar disorder therapeutics market size is expected to grow to $7.67 billion in 2026 at a CAGR of 4.4%.
The bipolar disorder therapeutic market consists of sales of bipolar disorder therapeutic services and related products by entities (organizations, sole traders, and partnerships) that are used in the treatment and management of bipolar disorders.
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Increase In The Prevalence Of Bipolar Disorder Is Driving The Growth Of The Bipolar Disorder Therapeutics Market
For instance, in 2019, according to the World Health Organization, a Switzerland-based government agency, the number of people affected by bipolar disorder stood at 45 million. Therefore, the increase in the prevalence of bipolar disorder is driving the growth of the bipolar disorder therapeutics market.
Competitive Landscape And The Regional Analysis Of The Bipolar Disorder Therapeutics Market
Major players in the bipolar disorder therapeutics market are AbbVie Inc., Pfizer Inc., Astellas Pharma Inc., AstraZeneca PLC, Bristol-Myers Squibb, GlaxoSmithKline PLC, Janssen Pharmaceuticals, Novartis AG, Otsuka Pharmaceutical Co. Ltd., Validus Pharmaceuticals, Eli Lilly and Company, Gedeon Richter Plc, Sumitomo Pharma Co. Ltd, and H. Lundbeck A/S.
Additionally, as per TBRC’s research – North America was the largest region in the bipolar disorder therapeutics market in 2021 holding the largest market share and Europe is expected to be the fastest-growing region in the forecast period.
The Bipolar Disorder Therapeutics Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the bipolar disorder therapeutics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the bipolar disorder therapeutics market.
Strategic Partnerships – A Key Trend In The Bipolar Disorder Therapeutics Market
Major companies operating in the bipolar disorder therapeutics sector are focused on partnerships to reinforce their position.
Bipolar Disorder Therapeutics Market Segmentation By The Business Research Company
1) By Drug Class: Mood Stabilizers, Antipsychotic Drugs, Antidepressant Drugs, Others
2) By Mechanism: Selective Serotonin Reuptake Inhibitors, Serotonin-norepinephrine Reuptake Inhibitors, Tricyclic Antidepressants, Monoamine Oxidase Inhibitors, Benzodiazepines, Beta-Blockers, Others
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
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