Antipsychotics are drugs used in the treatment of brain disorders such as
schizophrenia, bipolar disorder, and severe depression. According to the New
York Times, antipsychotics are one of the largest types of prescribed drugs in
the United States with over 3.1 million Americans accounting for a market worth
USD 18 billion in 2011 itself. Global estimates suggest that over 1.25% of the
global population suffers from psychosis and related disorders. This brings a
market of about 7.5 million people suffering from combined disorders of
schizophrenia, bipolar disorder, dementia, depression among other rare
conditions.
Several recent
studies have suggested instances of drug abuse and over prescription of these
drugs in the market, particularly in North America. Clinical studies have shown
severe drawbacks and addiction to antipsychotic drugs. A serious side effect
observed is tardive dyskinesia which is a potentially irreversible movement
disorder. These drugs are prescribed for mild symptoms as well, increasing the
market for the drugs tremendously.
Antipsychotics market is expected to increase with
increasing incidences of Schizophrenia and a very large market of clinical
depression. Certain drugs such as Ablify and Seroquel are the topmost in the
segment due to their advantage of reduced risk of side-effects. 2012 has
observed the end of the several drug patents and it is expected that generic
drugs will compete strongly in the market in the coming years. There is an
increasing general call in the medical community for adoption of a stronger
control while administering these drugs in the coming years.
Aripiprazole (marketed as Abilify), Asenapine Maleate
(marketed as Saphris), Clozapine (marketed as Clozaril), Iloperidone (marketed
as Fanapt), Lurasidone (marketed as Latuda), Olanzapine (marketed as Zyprexa),
Olanzapine/Fluoxetine (marketed as Symbyax), Paliperidone (marketed as Invega),
Quetiapine (marketed as Seroquel), Risperidone (marketed as Risperdal) and
Ziprasidone (marketed as Geodon) are the major atypical antipsychotic drugs
marketed today.
This research report analyzes this market depending on
its market segments, major geographies, and current market trends. Geographies
analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis
of
Market growth
drivers
Factors limiting market
growth
Current market
trends
Market structure
Market projections for
upcoming years
This report is a complete study of current trends in
the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments
in technology, Porter’s five force model analysis and detailed profiles of top
industry players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with detailed
value chain analysis.
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