The global Central Nervous System (CNS) stimulant drugs market is expected to grow at a significant CAGR during the forecast period (2021-2027). Stimulant medicines for the CNS are compounds that speed up the body’s physical and mental functions. The molecular structure of stimulants is similar to that of monoamine neurotransmitters. These medications are used to treat a variety of medical disorders. Stimulants work through a range of mechanisms. The most prevalent side effect of stimulant medicines is a rise in the level of dopamine, a neurotransmitter that promotes brain activity. Narcolepsy, newborn apnea, lethargy, and other conditions are treated with CNS stimulants. These stimulants are mostly prescribed medications; however, they are frequently used recreationally or without a prescription.
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Increased prevalence of central nervous system illnesses, sleeping disorders, and asthma are some of the primary factors driving the market growth during the forecast period. According to a study conducted by the American Academy of Sleep Medicine in 2016, the prevalence of sleep disorders in the US has increased six-fold, which is expected to drive the global market over the projected period. The industry is also being driven by an increase in mood disorders and post-traumatic stress. Furthermore, due to an increase in the manufacture of stimulants such as cocaine and heroin, as well as an increase in drug trafficking, the illegal drug market is flourishing. Numerous medication adverse effects, such as tachycardia and anxiety, as well as an increase in recreational use and doping, are some factors that could limit the market growth.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered
- Regions Covered- Globally
- Competitive Landscape: GlaxoSmithKline Plc, Pfizer, Inc.; and Johnson & Johnson Services, Inc.; among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Central Nervous System (CNS) Stimulant Drugs Market Report Segmentation
By Type
- Amphetamine
- Caffeine
- Nicotine
- Methamphetamine
- Others
By Application
- ADHD
- Sleeping Disorder
- Depression
- Obesity
- Respiratory Depression
- Others
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