Antipsychotic Drugs Market Global Demand, Growth, Top Key Players and Forecast to 2027
Antipsychotic Drugs Market Anti-psychotics are drugs used in the treatment of psychosis which are a group of disorders characterized by serious distortion of thought, behavior, recognition of reality and perception, delusions and hallucinations. The global antipsychotic drugs market is touted to touch USD 18.5 billion at a staggering 4 .3% CAGR during the forecast period. The market for psychotics represents a huge potential as can be seen from the following estimates by World Health Organization (WHO) Depression affects an estimated 300 million people in the world. Bipolar affective disorder takes a toll on about 60 million people worldwide. Schizophrenia, a severe mental disorder, affects about 21 million people worldwide. Dementia has a prevalence in about 47.5 million people worldwide One fourth of people are affected by mental or neurological disorders at some point in their lives. Thus the current number of untapped patients are of an order of around 450 million. Other mar