The Olanzapine Global Market Report 2023, provides comprehensive information on the olanzapine market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
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The global olanzapine market size is expected to grow from $2.46 billion in 2022 to $2.55 billion in 2023 at a compound annual growth rate (CAGR) of 3.48%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global olanzapine market size is expected to reach $2.83 billion in 2027 at a CAGR of 2.67%.
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Innovative combination therapies in mental health treatment are a key trend gaining popularity in the olanzapine market. Companies operating in the olanzapine market are focused on the development of new treatment options to sustain their position in the market. For instance, in October 2021, Alkermes, an Ireland-based biopharmaceutical company engaged in the manufacturing of medications for schizophrenia, depression, bipolar disorder, and addiction, launched Lybalvi, a combination therapy that combines olanzapine, an atypical antipsychotic medication, with samidorphan, a mu-opioid receptor antagonist. The formulation of Lybalvi aims to address the underlying mechanisms of schizophrenia and bipolar I disorder by combining the therapeutic effects of olanzapine with the opioid system modulation provided by samidorphan. The product is indicated for the treatment of adults with schizophrenia and bipolar I disorder. It is designed to help manage symptoms associated with these conditions, such as hallucinations, delusions, disorganized thinking, and mood instability
The olanzapine market is segmented:
1) By Therapy Type: Monotherapy, Combinational Therapy
2) By Route Of Administration: Oral, Parenteral
3) By Application: Schizophrenia, Bipolar Disorder, Other Applications
4) By End-Users: Hospitals, Homecare, Specialty Clinics, Other End-Users
North America was the largest region in the olanzapine market in 2022.
The table of contents in TBRC’s olanzapine market report includes:
1. Executive Summary
2. Olanzapine Market Characteristics
3. Olanzapine Market Trends And Strategies
4. Olanzapine Market – Macro Economic Scenario
5. Olanzapine Market Size And Growth
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26. Africa Olanzapine Market
27. Olanzapine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Olanzapine Market
29. Olanzapine Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Aurobindo Pharma Ltd
- Teva Pharmaceutical Industries Limited
- Dr. Reddy’s Laboratories Ltd
- Sun Pharmaceutical Industries Limited
- Torrent Group
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