The Bipolar
Disorders Treatment Market Insights
and Analysis by Drug Type, Mechanism of Action, End User ,and Region—Forecast
till 2030
The awareness surrounding mental
disorders has increased its acceptance in society and also improved its
detection and treatment globally. Market reports connected with the healthcare
industry have been offered by Market Research Future which makes reports on
other industry verticals that aims to analyze the current market scenarios
better. The market is expected to display commendable growth in the upcoming
forecast period.
The de-attachment of the stigma
of mental health issues has prompted individuals o seek professional help
especially in cases such as bipolar disorders. Thus, the escalating diagnostic
rates have positively added to the innovations and developments that can be
initiated in the market. The market is anticipated to flourish in the forecast
period due to increased government aide and backing along with investments from
major industry players.
Segmental
Analysis
The segmentation of the bipolar
disorders and treatment market trends
has been segmented on the basis of drug type, treatment, and regions. Based on
the drug type, the bipolar disorder and treatment market consists of
anti-anxiety drugs, mood stabilizers, anticonvulsants, antidepressant drugs,
and atypical antipsychotics. On the basis of treatment, the bipolar disorder
and treatment market consists of transcranial magnetic stimulation (TMS),
electroconvulsive therapy (ECT), and others. The regions included in the market
are APAC, North America, Europe and the rest of the world.
Detailed Regional
Analysis
The regional analysis for the
market for bipolar disorders and treatment includes regions such as APAC, North
America, Europe and the rest of the world. The North American region is the
prime market for diagnosing
bipolar disorder. The North American region for
bipolar disorders and treatment is estimated to grow at an optimistic CAGR and
is projected to reach a favorable by the end of the forecast period. The
European region is the next major market for bipolar disorders and treatment
which is projected to grow at an escalating CAGR in the forecast period.
Furthermore, the Asia Pacific market is anticipated to be the increasing market
for bipolar disorders and treatment market.
Competitive
Analysis
The employment of product
differentiation has led to a favorable product differentiation scenario that is
complementing the market’s growth. The participants in the market are trying to
establish several USPs that will enable them to capture a more substantial
share of the market. Additionally, the vertical additions and product tactics
of the market is increasing the potential for the market players. The analysis
of the market observes that the market is poised for an accelerated growth rate
in the forthcoming years. Improved approachability to various resources and
capabilities is projected to compel the growth of the market in the imminent
forecast period. The use of successful strategy execution techniques is
estimated to have a positive effect on the future growth of the market.
The significant contenders in the
bipolar disorder and treatment market are BMS (U.S), Janssen Pharmaceuticals
(Belgium), Eli Lilly (U.S), GSK (U.K), AstraZeneca (U.K), Allergan (U.S), and
others.
Industry Updates:
Dec 2018 According to the study,
by Faith Dickerson from Sheppard Pratt Health System in Maryland, US, a
probiotic supplement may help reduce inflammation of the gut, which is
identified to aggravate bipolar disorder as well as other psychiatric mood
disorders. The supplement is aimed at reducing inflammation caused by microbial
imbalances in the gut. The team found that participants in the study, who got
the probiotic supplement, on average, did not return to the hospital as
promptly and needed less in-patient treatment time compared to the placebo
group.
Dec 2018 A voice analysis company
Cogito of late announced it had created CompanionMx; an offshoot company made
to bring emotion-tracking to health care professionals. CompanionMx will put up
products that permit physicians to utilize voice analysis AI to follow the
well-being of patients with conditions like bipolar disease, PTSD, depression,
and other anxiety disorders.
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