Global Hoarding Disorder Market, By Treatment (Cognitive-Behavioral Therapy (CBT), Antidepressants, Others), Symptoms (Living in unusable spaces due to clutter, Inability to get rid of possessions, Anxiety about needing items in the future, Extreme stress about throwing out items, Distrust of others touching possessions, Uncertainty about where to put things, Withdrawing from friends and family, Others), Dosage (Tablet, Injection, Others), Route of Administration (Oral, Intravenous, Others), End-Users (Clinic, Hospital, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), Country (U.S., Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Hoarding Disorder Market
Hoarding disorder market is expected to gain market growth in the forecast period of 2021-2028. Data Bridge Market Research analyses the market to account to grow at a CAGR of 4.40% in the above mentioned forecast period.
A hoarding condition occurs when a person accumulates an excessive number of objects and keeps them in an unorganised manner, resulting in unmanageable clutter. It's possible that the items have little or no monetary worth. Hoarding disorders are difficult to cure because many hoarders are unaware that they have a problem or are unaware of how it affects their lives or the lives of others. This neurological disorder is characterised by living in unusable spaces due to clutter, inability to get rid of possessions, anxiety about needing items in the future, extreme stress about throwing out items, distrust of others touching possessions, uncertainty about where to put things, withdrawing from friends and family, among others.
The rise in the prevalence of hoarding disorder and rising healthcare expenditure are the major factors influencing the market growth rate. Furthermore, advancement in the medical technology, growing government funding and rising initiatives by public and private organisations to spread awareness about the disease and its available treatment options are the factors that will expand the hoarding disorder market. Likewise, growing incidences of obsessive-compulsive disorder (OCD), depression and brain injuries among children will cushion the market growth rate.
Rise in the research and development activities and emerging new markets will provide beneficial opportunities for the hoarding disorder market in the forecast period of 2021-2028.
However, high cost associated with the treatment and side effects of medications are the factors that will hinder the market growth. Lack of awareness will further challenge the hoarding disorder market in the forecast period mentioned above.
This hoarding disorder market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the hoarding disorder market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Hoarding Disorder Market Scope and Market Size
The hoarding disorder market is segmented on the basis of treatment, symptoms, dosage, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of treatment, the hoarding disorder market is segmented into cognitive-behavioral therapy (CBT), antidepressants and others. Antidepressants have been further sub-segmented into selective serotonin reuptake inhibitor or serotonin-norepinephrine reuptake inhibitor.
- On the basis of symptoms, the hoarding disorder market is segmented into living in unusable spaces due to clutter, inability to get rid of possessions, anxiety about needing items in the future, extreme stress about throwing out items, distrust of others touching possessions, uncertainty about where to put things, withdrawing from friends and family and others.
- On the basis of dosage, the hoarding disorder market is segmented into tablet, injection and others.
- On the basis of route of administration, the hoarding disorder market is segmented into oral, intravenous and others.
- On the basis of end-users, the hoarding disorder market is segmented into clinic, hospital and others.
The hoarding disorder market is also segmented on the basis of distribution channel into hospital pharmacy, retail pharmacy and online pharmacy.
Hoarding Disorder Market Country Level Analysis
Hoarding disorder market is analyzed and market size information is provided by the country, treatment, symptoms, dosage, route of administration, end-users and distribution channel as referenced above.
The countries covered in the hoarding disorder market report are the U.S., Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa.
North America dominates the hoarding disorder market due to the presence of major key players, high healthcare expenditure and well-developed healthcare infrastructure in this region. Asia-Pacific is expected to grow during the forecast period of 2021-2028 due to the increasing research and development activities, rising investment in the healthcare sector and growing government support in this region.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Patient Epidemiology Analysis
Hoarding disorder market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.
Competitive Landscape and Global Hoarding Disorder Market Share Analysis
Hoarding disorder market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to hoarding disorder market research.
The major players covered in the hoarding disorder market report are GlaxoSmithKline plc, Pfizer Inc., AstraZeneca, Johnson & Johnson Private Limited, Bristol-Myers Squibb Company, Sandoz International GmbH, Apotex Inc., Mylan N.V., H. Lundbeck A/S, Allergan, Sanofi, Merck Sharp & Dohme Corp., Teva Pharmaceutical Industries Ltd., Alkermes, Takeda Pharmaceutical Company Limited., OPKO Health, Inc., Intra-Cellular Therapies Inc., Janssen Pharmaceuticals, Inc., Lupin, Novartis AG, Bausch Health Companies Inc., Eli Lilly and Company, Sumitomo Dainippon Pharma Co., Ltd., AbbVie Inc., and Dr. Reddy’s Laboratories Ltd., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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