Bipolar Disorder Market: size was valued at US$ 5.56 Bn. in 2022 and the total revenue is expected to grow at 2.15 % through 2023 to 2029, reaching nearly US$ 6.46 Bn.
Bipolar Disorder Market Overview:
Maximize Market Research’s new report, Global Bipolar Disorder Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The study offers a market overview that describes the value chain’s structure, as well as the market’s size, applications, and forecast for the years (2021–2027). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Bipolar Disorder market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Bipolar Disorder market growth, consumption volume, market trends, and company pricing structures throughout the projected period. In-depth research is used in the analysis to examine the market’s complexity. The research provides an overview of the worldwide Bipolar Disorder market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. Based on productivity and manufacturing base, this market has been investigated in a number of different ways.
Bipolar Disorder Market Segmentation:
by Type
Bipolar I Disorder
Bipolar II Disorder
Cyclothymic Disorder
The global market for bipolar disorder is divided into three types based on type: bipolar I disorder, bipolar II disorder, and cyclothymic disorder. In 2022, the Bipolar I Disorder market category had the highest market share of %. One of the most important factors in having the largest shares is the greater likelihood of chronic illness in people with rising stress levels. In contrast to dysthymia or manic episodes, people with bipolar disorder type II are more likely to experience significant depressive illnesses, and because they are frequently uninformed of the repercussions of these, they are less likely to seek treatment for it, necessitating the treatment of these symptoms. Screening for diseases and keeping track of them are highly difficult tasks.
by Drug Class
Mood Stabilizer
Anticonvulsant
Antipsychotic Drug
Antidepressant Drug
Other Classes of Drug
The global market for bipolar disorder is divided into submarkets for mood stabilisers, anticonvulsants, antipsychotic drugs, antidepressants, and other classes of drugs based on drug class. In 2022, the Antipsychotic Drugs market segment had the highest market share of %. When a person has bipolar disorder, antipsychotic drugs are used to treat psychotic symptoms such hallucinations, delusions, and mania. When a person is experiencing a manic or severe depressive episode, several signs and symptoms may manifest. Some are also used to treat bipolar depression, and some have been proven to be successful in preventing future episodes of mania or depression. Antipsychotics are sometimes used “off label” to treat insomnia, anxiety, and agitation in bipolar patients. They frequently go hand in hand with mood-stabilizing medications and can assist to lessen manic episodes.
by Mechanism of Action
Selective Serotonin Reuptake Inhibitor
Serotonin Norepinephrine Reuptake Inhibitor
Tricyclic Antidepressant Drug
Benzodiazepines
Beta Blockers
Others
The global market for bipolar disorder is divided into several subsectors based on the mechanism of action, including selective serotonin reuptake inhibitors, serotonin norepinephrine reuptake inhibitors, tricyclic antidepressants, benzodiazepines, beta blockers, and others. In 2022, the Serotonin Norepinephrine Reuptake Inhibitor market sector had a % market share. Demand for these products is being driven by the factors that can be linked to the fact that they suppress some manic symptoms, such as restlessness, agitation, and insomnia until mood-stabilizing medications start working. Rarely are benzodiazepines used as the first-line treatment for bipolar illness. However, they may be combined with other medications to lessen some manic symptoms including agitation, restlessness, and insomnia until mood-stabilizing drugs start working.
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Bipolar Disorder Market Key Players:
It then discusses the top competitors in the worldwide Bipolar Disorder market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. The research also evaluates raw material sources, import-export, the value chain, price structure, and the industrial supply chain in addition to capacity utilisation. The following participants are highlighted in this study:
1. AbbVie Inc.
2. Allergan PLC
3. AstraZeneca Plc
4. Novartis AG
5. Eli Lilly and Company
6. Janssen Pharmaceuticals Inc.
7. Glaxo SmithKline Plc
8. Pfizer Inc.
9. Otsuka Holdings Co. Ltd
10. Gedeon Richter
11. Indivior
12. Janssen Pharmaceuticals
13. Lundbeck
14. Bristol-Myers Squibb
15. Johnson & Johnson
16. Cephalon Inc.
17. Repligen Corporation
18. Abbott Laboratories
19. Merck and Co., Inc.
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Regional Analysis:
The report has analyzed the global Bipolar Disorder market in the following regions:
- North America (Mexico, Canada, and the United States)
. Germany, France, the United Kingdom, Russia, Italy, and the rest of Europe make up the European Union.
. Asia-Pacific region (including Australia, China, Japan, Korea, Southeast Asia, and Japan)
. Latin America (Brazil, Argentina, Colombia, and the remaining countries in South America) - Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East Africa)
The study offers in-depth perceptions into a wide range of development prospects and obstacles in the aforementioned regions based on various items, applications, end users, and nations, among other factors. The research also includes key features of the worldwide Bipolar Disorder market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Bipolar Disorder Market:
Practically every industry has been hit by the unprecedented global public health disaster known as COVID-19, and the long-term effects are anticipated to have an impact on industry growth for the duration of the forecast period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The updated research includes new information, analysis, projections, and predictions based on COVID-19’s impact on the market.
The Bipolar Disorder Market Report provides key answers to the following questions:
- Which are the major companies in the Bipolar Disorder market?
- Which is the potential market for Bipolar Disorder in terms of the region?
- Which application area of Bipolar Disorder is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the Bipolar Disorder market size by 2027?
- What are the market’s chances of growth?
- What is the base year considered in the Bipolar Disorder market report?
- Which region dominates the Bipolar Disorder market in terms of market share?
- What factors are anticipated to drive the Bipolar Disorder market?
