The global Abilify Maintena market is projected to grow from USD 15.50 billion in 2022 to USD 24.74 billion by 2030, exhibiting a CAGR of 6.9% during the forecast period.
Abilify Maintena Market Overview
Global The COVID-19 pandemic has been unprecedented, with all regions experiencing higher-than-expected demand compared to pre-pandemic levels. According to our analysis, the global Abilify Maintena market will grow by 10.8% in 2020 compared to 2019. it seemed One disease group that is expected to witness significant growth in patients worldwide in the modern healthcare scenario is the mental illness group. A group of psychiatric disorders includes mental disorders with symptoms of psychosis, such as schizophrenia, bipolar disorder, and depression. Psychosis is an important symptom of mental illness, including loss of reality that affects how the patient processes information.
The fastest-growing demand for these drugs is due to the increasing prevalence of schizophrenia and bipolar disorder. Moreover, prominent companies such as Otsuka and Lundbeck are expected to propel the market growth during the forecast period. Additionally, launches of new forms of drugs such as long-acting injectables that offer greater benefits will bode well for the market growth during the forecast period.
The Abilify Maintena Market has been recently published by Contrive Datum Insights to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Abilify Maintena market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Otsuka, Lundbeck, and others.
- January 2022: Otsuka America Pharmaceutical, Inc. and H. Lundbeck A/S received the U.S. FDA approval for the supplemental new drug application (sNDA) of REXULTI (brexpiprazole) for the treatment of schizophrenia in pediatric patients from the ages 13 to 17.
What are the major Applications, Types, and Regions for the Abilify Maintena Market?
On the Basis of Type:
On the Basis of Application:
- Drugs Store
Abilify Maintena Market Regional Insights:
North America is projected to dominate the global market during the forecast period with a value of $7.57 billion in 2021. Some critical factors that may contribute to market dominance in the region include the region’s strong prevalence of psychiatric disorders and prominent biopharmaceutical companies. According to a 2022 report published by the National Alliance on Mental Illness (NAMI), the annual prevalence of the bipolar disorder in the United States is 2.8%, with an estimated 7 million people suffering from bipolar disorder. Adoption of maintenance Additionally, strong awareness of the critical nature of mental illness in this region is expected to boost the market growth during the forecast period. Europe is estimated to be the second dominant region in terms of Abilify maintaining market share. This is due to the growing awareness of mental illness in the region and the high prevalence of these disorders. For example, according to an article published by PubMed in 2021, the lifetime prevalence of bipolar disorder in the UK was around 1.7%.
Geographically, the global Abilify Maintena market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Abilify Maintena Market Report Scope:
Frequently Asked Questions (FAQ) about the Abilify Maintena market:
What is the CAGR of the global Abilify Maintena market?
The Abilify Maintena Market is growing at a CAGR of 6.9% during the forecast period.
Which region would offer high growth for vendors in the Abilify Maintena market?
North America is projected to dominate the global market during the forecast period with a value of $7.57 billion in 2021.
Which Is the Most potential market segment?
By Types- 300mg, 400mg,
By Applications - Hospital, Clinic, Drugs Store
Which are the top industry players in the Abilify Maintena market?
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