Bipolar disorder treatment market is anticipated to grow at a CAGR of 2.6% during the forecast period owing to the rising prevalence of bipolar disorder, along with the rising awareness about mental health. Other factors, such as increased government initiatives and increased demand for innovative treatment choices, are likely to boost market expansion. Additionally, advancements in technology have also played a significant role in the growth of the bipolar disorder treatment market. Digital health tools, such as telemedicine and online counselling platforms, have made bipolar illness treatment more accessible to patients who may have difficulty accessing traditional in-person care. This has increased the accessibility of bipolar illness treatment and helped to fulfil the rising demand for treatments.
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The global bipolar disorder treatment market is segmented based on the drug class and distribution channel. Based on the drug class, the market is sub-segmented into mood stabilizer, anticonvulsant, antipsychotic drug, antidepressant drug, other. Based on, distribution channel, the market is sub-segmented into on hospitals and clinics, retail pharmacies, and online pharmacies. Among the distribution channel, the hospitals and clinics sub-segment is anticipated to hold a considerable share of the market as clinics or hospitals are primary provider of bipolar disorder treatment. Additionally, presence of large number of hospitals or clinics as compared to retail pharmacies is driving the growth of this segment.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Bipolar Disorder Treatment Market by Drug Class
- Mood stabilizer
- Anticonvulsant
- Antipsychotic Drug
- Antidepressant Drug
- Other Classes of Drug (Benzodiazepines, Symbyax)
Global Bipolar Disorder Treatment Market by Distribution Channel
- Hospitals & Clinics
- Retail Pharmacies
- Online Pharmacies
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Abbott
- Allergan PLC
- BrainsWay, Ltd.
- Bristol Myers Squibb
- Eli Lilly and Company
- GlaxoSmithKline Plc
- GlaxoSmithKline Plc
- Janssen Pharmaceuticals Inc.
- Johnson & Johnson Services, Inc.
- Lupin Ltd.
- Novartis AG6
- Otsuka Holdings Co. Ltd
- Pfizer Inc.
- Proteus Digital Health, Inc.
- Sunovion Pharmaceuticals Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global bipolar disorder treatment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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