Global Bipolar Disorder Treatment Market is Growing at a Significant Rate in the Forecast Period 2018-2025

According to Data Bridge Market Research new Market report, global bipolar disorder treatment market will account to an estimated USD 4.38 billion in 2017 growing at a CAGR of 2.5% during the forecast period of 2018 to 2025.

Global Bipolar Disorder Treatment Market

Bipolar disorder, also referred as manic depression, is a form of mental disorder which leads to elevated mood and depression. The bipolar disorder treatment includes psychotherapy along with medications such as antipsychotics and mood stabilizers.

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Segmentation: Global Bipolar Disorder Treatment Market

Global bipolar disorder treatment market is segmented on the basis of type, drug class, mechanism of action, treatment and geography.

By Type (Bipolar I, Bipolar II,   Cyclothymia), Drug Class (Mood Stabilizers, Antipsychotic, Antidepressant, Anticonvulsants, Antianxiety), Mechanism of Action (Selective Serotonin Reuptake Inhibitors, Serotonin-norepinephrine Reuptake Inhibitors, Tricyclic Antidepressants,   Monoamine Oxidase Inhibitors, Benzodiazepines, Beta Blockers, Others), Treatment (Electroconvulsive therapy, Transcranial magnetic stimulation, Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

FACTORS DRIVING GROWTH IN BIPOLAR DISORDER TREATMENT MARKET

Rising cases of depression in middle and low income countries

Depression is rated as the largest contributor of non-fatal health loss over the globe.  As per Global Health Estimates 2015, depression disorders accounted for almost one third of the total disability adjusted life years caused by substance use and mental disorder. Globally, it is anticipated to be the second largest cause of disease burden and third leading cause in middle and low income countries by 2030. The proportion of population with depression is expected to be 4.4 percent globally.

Global Bipolar Disorder Treatment Market

Key Market Competitors: Global Bipolar Disorder Treatment Market

Few of the major competitors currently working in the bipolar disorder treatment market are GlaxoSmithKline plc, Pfizer Inc., Janssen Global Services LLC, Eli Lilly and Company, ALLERGAN, Novartis AG, AbbVie Inc., AstraZeneca, Otsuka Holdings Co. Ltd., Abbott, Bristol-Myers Squibb Company, Merck KGaA, Teva Pharmaceutical Industries Ltd., Gedeon Richter Plc., H. Lundbeck A/S, REPLIGEN CORPORATION, Validus Pharmaceuticals LLC., Sumitomo Dainippon Pharma Co. Ltd. and Astellas Pharma Inc.

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