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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Schizophrenia Drugs Market Size
The value of the global schizophrenia drugs market was USD 8.18 billion in 2023, driven by the prevalence of schizophrenia across the globe. The market is expected to grow at a CAGR of 3.9% during the forecast period of 2024-2032 to reach value of USD 11.56 billion by 2032.
Schizophrenia Drugs Market Report Snapshots
Schizophrenia Drugs Market Size
Schizophrenia Drugs Market Analysis
Schizophrenia Drugs Treatment Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is expected to grow at a CAGR of 3.9% during the period 2024-2032.
The market is driven by the increasing number of cases of schizophrenia and the wide adoption of long-acting injectables due to their benefits of reduced relapse of the patient.
The rising investment and industrial collaborations in the development of novel treatments for schizophrenia are key trends followed in the market.
The regional markets for the global schizophrenia drugs market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The different therapeutic classes in the market include second-generation antipsychotics and third-generation antipsychotics, among others.
The different types of treatment in the market include oral and injectables.
The distribution channels used for schizophrenia drugs include hospital pharmacies, retail pharmacies, and online, among others.
The key players in the market include Eli Lilly and Company, AbbVie Inc., Alkermes PLC, Otsuka Pharmaceutical Co., Ltd., and Johnson & Johnson Services, Inc., among others.
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