Le Lézard
Classified in: Health, Covid-19 virus
Subjects: SVY, MRR

The Global Antipsychotic Drugs Market to Register Growth at a CAGR of ~7% by 2027 | DelveInsight

The antipsychotic drugs market is expanding rapidly due to the increasing prevalence of mental disorders such as schizophrenia, schizoaffective disorder, bipolar disorder, severe depression, psychotic symptoms of a personality disorder, and others. Furthermore, the growing geriatric population base prone to mental disorders, the increased focus of governments and healthcare organizations on mental health, the increasing demand for long-acting injectables, and other factors will contribute to an increase in demand for antipsychotic drugs.

LAS VEGAS, Feb. 2, 2023 /PRNewswire/ -- DelveInsight's Antipsychotic Drugs Market Insights report provides the current and forecast market analysis, individual leading antipsychotic drugs companies' market shares, challenges, antipsychotic drugs market drivers, barriers, and trends, and key antipsychotic drugs companies in the market.


Key Takeaways from the Antipsychotic Drugs Market Report

To read more about the latest highlights related to the antipsychotic drugs market, get a snapshot of the key highlights entailed in the Global Antipsychotic Drugs Market Report

Antipsychotic Drugs Overview

Antipsychotics are psychiatric medications used to treat various psychotic symptoms such as delusions, hallucinations, or mania symptoms. Antipsychotic drugs are administered in various ways, the most common of which is orally, in liquid, or in tablet form. Certain antipsychotic medications are also prescribed as depot injections. This route of administration slowly releases the medication in a slow-acting form, and the injection is given every few weeks. Antipsychotic medications are used to regulate brain circuit functions that control perception, thinking, and mood.

Based on their specific activity and neurotransmitter receptor affinity, antipsychotic drugs are classified as conventional antipsychotics, 2nd-generation antipsychotics (SGAs), and 3rd-generation antipsychotics. SGAs have several advantages in terms of efficacy and minimal side effects. According to recent research studies, new antipsychotic drugs such as muscarinic agonists and trace amines with novel actions, SGAs, account for most antipsychotics prescribed in the United States.

Antipsychotic Drugs Market Insights

North America dominated the global antipsychotic drugs market in 2021 and will continue to do so during the forecast period of 2022?2027. This can be attributed to the region's increasing demand for antipsychotic drugs due to the region's increasing prevalence of various mental disorders. Furthermore, the increasing activities by the key players in the region will, in turn, increase the demand for the product during the forecast period. For instance, in May 2022, Beckley Psytech Limited and Lophora ApS announced the companies had entered into a research and development collaboration. Under the terms of the agreement, Beckley Psytech will jointly fund continuing development of the Lophora pipeline and collaborate broadly on R&D.

In addition, the country's market players are constantly focusing on the development of novel drugs to treat mental disorders indications with antipsychotic drugs, as well as various strategies to develop better drugs with fewer side effects. As a result, the antipsychotic drugs market in the region is likely to be driven by this. For example, Zydus Lifesciences' US subsidiary Zydus Pharmaceuticals (USA) Inc. received final approval from the US Food and Drug Administration (USFDA) in September 2022 to market Cariprazine Capsules, USP 1.5 mg, 3 mg, 4.5 mg, and 6 mg. Cariprazine is an atypical antipsychotic that is used to treat schizophrenia as well as acute manic or mixed episodes associated with bipolar I disorder.

To know more about why North America is leading the market growth in the antipsychotic drugs market, get a snapshot of the Antipsychotic Drugs Market Outlook 

Antipsychotic Drugs Market Dynamics

According to the World Health Organization (WHO) 2022, 1 in every 8 people, or 970 million people worldwide, had a mental disorder in 2019, with anxiety and depressive disorders being the most common. In 2019, the WHO estimated that nearly 40 million people had bipolar disorder and nearly 40 million people, including children and adolescents, had conduct disorder. Thus, based on the statistics presented above, it is possible to conclude that the prevalence of mental disorders is very high around the world, increasing the demand for antipsychotic drugs used to treat the disorders, as mentioned earlier.

In addition, numerous research and development initiatives aimed at developing these medications have been launched in recent years. R&D is carried out to improve the safety and efficacy of such drugs. Furthermore, increased awareness resulted in increased adoption of these drugs in key countries, significantly increasing antipsychotic drugs market growth in key countries.

Moreover, antipsychotic drug clinical trials are expected to advance the drug development process significantly. Thus, rising awareness, combined with new launches based on innovative R&D are expected to drive market growth for antipsychotic drugs between 2022?2027.

However, the high cost of drug development and launch, addiction caused by antipsychotic drugs, and the stringent regulatory approval process may stall the antipsychotic drugs market growth.

Additionally, during the COVID-19 pandemic, the antipsychotic drugs market was moderately impacted. During the early stages of the pandemic, sales of antipsychotics plummeted due to strict lockdown rules, disruption in manufacturing, and supply. However, the government classified medicines and drugs as emergency products, which increased their demand or sales. Furthermore, the involvement of online pharmacies increased the sale of many over-the-counter medicines, impacting the antipsychotic drugs market.

Get a sneak peek at the antipsychotic drugs market dynamics @ Antipsychotic Drugs Market Dynamics Analysis

Report Metrics




Study Period


Base Year


Antipsychotic Drugs Market CAGR


Projected Antipsychotic Drugs Market Size by 2027

USD 19.6 Billion

Key Antipsychotic Drugs Companies

Eli Lily and Company, Janssen Global Services, LLC, Pfizer Inc., Otsuka Pharmaceutical Co., Ltd., Alkermes, Inc., Dr. Reddy's Laboratories Ltd., AbbVie Inc., Sun Pharmaceutical Industries Ltd., Amneal Pharmaceuticals LLC., Alvogen., Hikma Pharmaceuticals PLC, Viatris Inc., Bayer AG, Bristol-Myers Squibb Company, Cardinal Health Inc., Sanis Health Inc., H. Lundbeck A/S, Elikem Pharmaceuticals Pvt Ltd, Devlife Corporation Private Limited., GSK plc, among others


Antipsychotic Drugs Market Assessment

Which MedTech key players in the antipsychotic drugs market are set to emerge as the trendsetter explore @ Antipsychotic Drugs Companies 

Table of Contents 


Report Introduction


Executive summary


Regulatory and Patent Analysis


Key Factors Analysis


Porter's Five Forces Analysis


COVID-19 Impact Analysis on Antipsychotic Drugs Market


Antipsychotic Drugs Market Layout


Global Company Share Analysis ? Key 3-5 Companies


Antipsychotic Drugs Market Company and Product Profiles


Project Approach


About DelveInsight


Interested in knowing the antipsychotic drugs market by 2027? Click to get a snapshot of the Antipsychotic Drugs Market Trends

Related Reports

Post Traumatic Stress Disorder Epidemiology

Post Traumatic Stress Disorder Epidemiology Forecast ? 2032 report delivers an in-depth understanding of the disease, historical, and forecasted post-traumatic stress disorder epidemiology in the 7MM.

Post Traumatic Stress Disorder Pipeline

Post Traumatic Stress Disorder Pipeline Insight ? 2023 report provides comprehensive insights about the pipeline landscape, pipeline drug profiles, including clinical and non-clinical stage products, and the key post-traumatic stress disorder companies, including Aptinyx, Jazz Pharmaceuticals, Bionomics Limited, among others.

Bipolar Depression Market

Bipolar Depression Market Insights, Epidemiology, and Market Forecast ? 2032 report deliver an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key bipolar depression companies, including  Intra-Cellular Therapies, Sunovion Pharmaceuticals, COMPASS Pathways, among others.

Schizophrenia Market

Schizophrenia Market Insights, Epidemiology, and Market Forecast ? 2032 report deliver an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key schizophrenia companies, including Neurocrine Bioscience, Takeda Pharmaceutical Company, Memory Pharmaceuticals, among others.

Epilepsy Market

Epilepsy Market Insights, Epidemiology, and Market Forecast ? 2032 report deliver an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key epilepsy companies, including Eisai Co.LTD., Alexza Pharmaceuticals, Xenon Pharmaceuticals, among others.

Migraine Market

Migraine Market Insights, Epidemiology, and Market Forecast ? 2032 report deliver an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key migraine companies, including Satsuma Pharmaceuticals, Biohaven Pharmaceuticals, Allodynic Therapeutics, among others.

Other Trending Reports

Tay-sachs Disease Or Gm2 Gangliosidosis Market | Onycholysis Market | Diagnostic Imaging Equipment Market | Chemotherapy-induced Peripheral Neuropathy Market | Global Electrophysiology Devices Market | Anaphylaxis Market | Atherectomy Devices Market | Helicobacter Pylori Infections Market | Ophthalmic Imaging Equipment Market | Androgenetic Alopecia Market | Allergic Rhinitis Market | Chronic Inflammatory Demyelinating Polyneuropathy Market | Chronic Inflammtory Demyelinating Polyneuropathy Market | Colorectal Cancer Crc Market | Opioid Induced Constipation Market | Vertigo Market | Bone Anchored Hearing Systems Market | Wound Closure Devices Market | Hip Replacement Devices Market | Hemodynamic Monitoring Systems Market | Egfr Non-small Cell Lung Cancer Market | Helicobacter Pylori Infection Market | Hyperkalemia Market | Polycythemia Market Neurostimulation Devices Market | Carpal Tunnel Syndrome Market | Ventilator Market | Cerebral Aneurysm Market | Alpha Antitrypsin Market | Binge Eating Disorder Market | Bunion Market | Concussions Market Size | Exocrine Pancreatic Insufficiency Market | Healthcare Due Diligence Services | Minimal Residual Disease Market | Hypertrophic Scar Market | Lung Fibrosis Market | Anterior Uveitis Market | 22q11.2 deletion syndrome Market | X-Linked Retinitis Pigmentosa (XLRP) Market | Acute Radiation Syndrome Market | Alpha-1 Protease Inhibitor Deficiency Market | Androgenetic Alopecia Market | Hyperlipidemia Market | Cardiotoxicity Market | Hypertrophic Cardiomyopathy Market | Fatty Acid Oxidation Disorders (FAODs) Market | Androgen Insensitivity Syndrome Market | Emphysema Market | Canaloplasty Market | Dravet Syndrome Market | Celiac Disease Market | Chlamydia Infections Market | Syphilis Market | Renal Tubular Acidosis Market | Palmoplantar Pustulosis (PPP) Market | Aplastic Anemia Market | Bacterial Pneumonia Market | B cell Chronic Lymphocytic Leukemia Market | B cell Lymphomas Market | Behcets Disease Market Neoantigen-based Personalized Cancer therapeutic Vaccines Competitive Landscape and Market Forecast?by 2035 | Glioblastoma Market

Related Healthcare Blogs

Telepyschiatry Market

Digital Therapeutics for Mental Health

PTSD Treatment Market

Related Healthcare Services

Healthcare Consulting

Healthcare Competitive Intelligence Services

Healthcare Asset Prioritization Services

About DelveInsight

DelveInsight is a leading Business Consultant and Market Research firm focused exclusively on life sciences. It supports pharma companies by providing comprehensive end-to-end solutions to improve their performance. Get hassle-free access to all the healthcare and pharma market research reports through our subscription-based platform PharmDelve.

Connect with us on LinkedIn|Facebook|Twitter

Additionally, get in touch with our business executive to explore @ Healthcare Due Diligence Services 

Contact Us
Shruti Thakur 
[email protected] 

Logo: https://mma.prnewswire.com/media/1082265/DelveInsight_Logo.jpg

These press releases may also interest you

at 03:31
Finnish medical technology company Askel Healthcare is developing a new method to treat knee cartilage defects. Askel Healthcare's COPLA® implant is expected to significantly accelerate rehabilitation and enable healing of damaged knee cartilage....

at 03:24
In a study recently published in the journal Gut Microbes, researchers from Kyoto University, Tokyo University of Agriculture and Technology, and Noster Inc. report the mechanisms of bacteria-derived fibers in supporting gut health and metabolism and...

at 03:05
PureTech Health plc ("PureTech" or the "Company"), a clinical-stage biotherapeutics company dedicated to changing the treatment paradigm for devastating diseases, and Royalty Pharma , the largest buyer of biopharmaceutical royalties and a leading...

at 03:00
Allied Market Research published a report, titled, "Probiotic Desserts Market By Type (Dairy Based, Plant Based), By Application (Yogurt, Kefir, Ice Cream, Others), By Distribution Channel (Ecommerce, Specialty Store, Hypermarket and Supermarket,...

at 02:35
Regulatory News: POXEL SA (Euronext: POXEL - FR0012432516) (Paris:POXEL), a clinical stage biopharmaceutical company developing innovative treatments for serious chronic diseases with metabolic pathophysiology, including non-alcoholic...

at 02:35
Regulatory News: POXEL SA (Euronext: POXEL - FR0012432516), a clinical stage biopharmaceutical company developing innovative treatments for serious chronic diseases with metabolic pathophysiology, including non-alcoholic steatohepatitis (NASH) and...

News published on 2 february 2023 at 10:30 and distributed by: