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SchizophreniaTreatment Market:Drivers and Restraints
The schizophrenia treatment market is primarily driven by increased prevalence of schizophrenic disorders due to change in lifestyle, extensive R&D, increase in incidence of various addictions such as alcohol, narcotics and others. Demand of sophisticated therapy by physicians and patients is also driving the schizophrenic treatment market to a great extent. On the contrary, huge cost of R&D and therapy, lack of medical infrastructure, and lack of awareness in certain regions of the world are some of the hurdles that are expected to restrict the growth of this market.
Schizophrenia Treatment Market:Overview
According to WHO, there are around 24 million people suffering from either schizophrenia or similar symptoms. Moreover, due to strong R&D activities, newer drugs and treatments are being introduced in the market, such as ziprasidone hydrochloride. Medications are the cornerstone for the treatment of schizophrenia. However, medications may lead to side effects. Hence, medication with supportive services and therapies is a perfect combination to treat schizophrenia. Relationship problems, risk of attempting suicide, alcohol and drug abuse and consequently, disruption to normal daily activities has led to the growth of schizophrenia treatment market.
Schizophrenia Treatment Market:Region-wise Outlook
The schizophrenia treatment market is also segmented on the basis of geography, such as North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. The North American region is considered as the largest market, followed by Europe. However, Asia-Pacific region is considered as the most promising market in the upcoming future.
Schizophrenia Treatment Market: Key Players
Some of the top key players in schizophrenia treatment market include Novartis AG, AbbVie, Inc., PsychoGenics, Inc., Pfizer, Inc., Eli-Lilly and Company, Bristol-Myers Squibb Company, AstraZeneca Plc., Avineuro Pharmaceuticals, Inc. and Merz Pharmaceuticals GmbH.
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The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
- Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
- Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Schizophrenia treatment market is segmented on the basis of product type, distribution channel and geography.
Based on product type, schizophrenia treatment market is segmented as follows:
- Conventional or typical antipsychotic drugs
- Atypical antipsychotic drugs
Based on distribution channel, schizophrenia treatment market is segmented as follows:
- Hospitals including hospital pharmacies
- Retail pharmacies
- Rehabilitation Centers
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint