A detailed analysis of the Global Psychosis Market 2023 is provided, including global, regional, and country-level market sizes, segmentation market growth, market share, competitive landscape, sales analysis, impact of domestic and global Psychosis Market players, value chain optimization, trade regulations, recent developments, strategic market growth analyses, product launches, expanding the area market, and technological advances.
The global psychosis market is expected to register a steady revenue CAGR during the forecast period. Main factors attributing to market revenue growth are high prevalence and awareness of mental health. Increasing prevalence drives the need for therapeutics. Other contributing factors are key players investing money into R&D in order to make drugs with fewer side effects for psychosis.
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Market Overview:
In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Key players covered in this report are
- Bristol-Myers Squibb Company
- GlaxoSmithKline plc
- AstraZeneca plc
- Novartis International AG
- Eli Lilly and Company
- Pfizer Inc.
- Universal Health Services, Inc.
- Johnson & Johnson
- Astellas Pharma Inc.
- Lundbeck A/S
- Otsuka Pharmaceutical Co.
- Jannsen Pharmaceuticals
- Allergan plc
- AbbVie
- Teva Pharmaceutical Industries Ltd.
- Reddy Laboratories
Based on Disease Type market is segmented into:
- Schizophrenia
- Bipolar disorder
- Unipolar depression
- Dementia
- Others
Based on Treatment Type market is segmented into:
- Antipsychotics
- Antidepressants
- Antimaniacs
- Anti-anxiety
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Based on Region market is segmented into:
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Key Market Trends and Innovations:
Trend for new treatment options, add-on therapies, and drug combinations are gaining traction in the psychosis market.
- Clinical trials are completed on Niapsan as an add-on therapy to anti-psychotic drugs to treat first episode psychosis at NS Early Psychosis Program Halifax, Canada
- Pimavenserin tartarate (ACP-103) has been studied for safety and tolerability in patients with Parkinson's disease psychosis at Gilbert, the US and other 132 places
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