Bipolar disorder drugs market is anticipated to grow at a significant CAGR during the forecast period. The market is growing due to the increased prevalence of the disease coupled with the rising initiatives by the government institution to increase awareness among the population. According to the Institute for Health Metrics and Evaluation, the prevalence of bipolar disorder varies from 0.3 to 1.2 by country. In 2017, almost 46 million people 48% men and 52% women, across the globe were diagnosed with some type of bipolar disorder. The typical age for this disease to grow is mostly among the people aged above 20 years. Hence, the rise in the cases and the increasing need to manage the disease effectively is boosting the growth of the bipolar disorder market growth in the forecast period. However, the insufficient reach of healthcare facilities and unaffordable medication are the major restraining factor for the global bipolar disorder drugs market to grow in certain regions. High suicidal rates and accessibility to better medical therapies would be major factors contributing to the growth of the bipolar disorder drugs market in the forecast period.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2021
- Forecast period- 2023-2029
- Segment Covered-
- By Drug Class
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: GlaxoSmithKline plc, Pfizer Inc., and AbbVie Inc., among others.
Bipolar Disorder Drugs Market Report by Segment
By Drug Class
- Mood Stabilizers
- Antipsychotic
- Antidepressant
- Antianxiety
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Bipolar Disorder Drugs Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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