A mental disorder is a
psychological anomaly that is reflected in the behavior of the patient through
distress, disability or any conduct that is not a part of a person’s normal
mental development. The causes of mental disorders are varied in nature and
many are also unclear. Psychiatric medication and psychotherapy are the two
modes of treatment for mental disorder. In psychiatric medication drug classes
such as antidepressants, anxiolytics, and antipsychotics are most commonly
used.
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Improvement in patient
security policy, growth in domestic and foreign investment in the field of
mental medication, and increase in the prevalence and the related awareness
about mental health are the major drivers for the global mental disorders drugs
market. However, skepticism about social pressure regarding mental diseases and
their treatment, especially in less advanced countries, and the lack of
government initiatives in such locations may hold back the growth of this
market.
The overall mental
disorders drugs market can be classified on the basis of the mental drugs such
as antidepressants, antipsychotics, anxiolytics, drugs for schizophrenia, drugs
for childhood and adolescent mental illness, and drugs for the treatment of
substance and alcohol addiction, bipolar disease drugs, and others.
North America is the
largest market for mental disorders drugs. Factors such as increasing
government initiatives, better reimbursement policies, and general awareness
about mental health and treatment are responsible for the growth of this market
in this region. An increase in the awareness about the efficacy of mental
disorders’ drugs and growth in the related clinical evidence will assist in the
rapid growth of this market in Asia-Pacific. The major players in the mental
disorders drugs market include pharmaceutical manufacturers such as Eli Lilly,
AstraZeneca, Pfizer, Johnson and Johnson, GlaxoSmithKline, and Bristol-Myers
Squibb.
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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