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Global Narcissism Drug Market – Industry Trends and Forecast to 2029

  • Pharmaceutical
  • Upcoming Report
  • Apr 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Narcissism Drug Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 574.97 Million
Diagram Market Size (Forecast Year) USD 1055.59 Million
Diagram CAGR %

Global Narcissism Drug Market, By Types (Classic, Vulnerable, Malignant, Others), Drugs Class (Antidepressants, Antianxiety, Antipsychotics, Others), Treatment (Medication, Psychotherapy), Route of Administration (Oral, Intravenous, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), End-Users (Hospitals, Homecare, Specialty Clinics, Others) – Industry Trends and Forecast to 2029.

Market Analysis and Size

In recent years, the narcissism drug market is anticipated to grow rapidly during the forecast period. The personality disorder narcissism is one of ten. People with these disorders think, feel, and act in ways that are harmful to them or others. In late adolescence and early adulthood, signs of personality problems frequently arise. Along with this, environmental, neurobiological and genetic are the various risk factors that will increase the prevalence rate of narcissism. Hence, the demand for narcissism drug is increased in the market.

Data Bridge Market Research analyses that the narcissism drug market was valued at USD 574.97 million in 2021 and is expected to reach USD 1055.59 million by 2029, registering a CAGR of 7.89% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

Narcissism is a personality disorder in which a person has a strong feeling of self-importance, a strong desire for attention and praise, a belief that others are inferior, and a lack of empathy for others. Many aspects of life, such as personal, social, and financial interactions, are affected by narcissism.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Types (Classic, Vulnerable, Malignant, Others), Drugs Class (Antidepressants, Antianxiety, Antipsychotics, Others), Treatment (Medication, Psychotherapy), Route of Administration (Oral, Intravenous, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), End-Users (Hospitals, Homecare, Specialty Clinics, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Eli Lilly and Company (US), AstraZeneca (UK), Novartis AG (Switzerland), Johnson & Johnson Private Limited (US), Teva Pharmaceutical Industries Ltd.(Jerusalem), Merck & Co., Inc. (US), Allergan (Ireland), Medtronic (Ireland), Bristol-Myers Squibb Company (U.S.), Boehringer Ingelheim International GmbH. (Germany), Abbott (US), F. Hoffmann-La Roche Ltd. (Switzerland), AbbVie Inc. (US), Otsuka America Pharmaceutical, Inc. (US), Takeda Pharmaceutical Company Limited (Japan), Pfizer Inc. (US), GlaxoSmithKline plc (UK), Sanofi (France), Merck KGaA (Germany), H. Lundbeck A/S (Denmark)

Market Opportunities

  • Increase in the number of emerging markets
  • Increase in the number of research and development activities
  • Rising investment for the development of advanced technologies
  • Surging drug approvals and launches

Narcissism Drug Market Dynamics

Drivers

  • Increasing prevalence of narcissism

The rising prevalence of narcissism is a primary driver of the narcissism drug market's growth. Changing dietary pattern and sedentary lifestyle are the factors that will influence the market dynamics during the forecast period.  

  • Increasing investment for healthcare infrastructure

Another significant factor influencing the growth rate of narcissism drug market is the rising healthcare expenditure which helps in improving its infrastructure.

Furthermore, rising initiatives by public and private organizations to spread awareness will expand the narcissism drug market. Additionally, high disposable income and favourable reimbursement scenario will result in the expansion of narcissism drug market. Along with this, rising geriatric population and increasing awareness about narcissism among people will enhance the growth rate of the market.

Opportunities

  • Increase in the number of research and development activities       

Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the narcissism drug market growth. Along with this, rising drug approvals and launches will further propel the market’s growth rate.

Moreover, rising investment for the development of advanced technologies and increase in the number of emerging markets will further provide beneficial opportunities for the narcissism drug market growth during the forecast period.

Restraints/Challenges

On the other hand, the high cost associated with the production as well as distribution of drug will obstruct the growth rate of market. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the narcissism drug market. Additionally, no approved drug for narcissism and the dearth of diagnostic procedures and complex pathophysiology of disorder will act as restrain and further impede the growth rate of market during the forecast period of 2022-2029.

This narcissism drug 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 narcissism drug market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Patient Epidemiology Analysis

Because identifying narcissistic personality disorder is difficult, there have been conflicting reports of its prevalence in the United States (USA). Community-based prevalence rates have ranged from 0.5 percent to 5% of the US population. NPD, on the other hand, tends to be more common in therapeutic settings. The prevalence percentage in the United States can range from 1% to 15% of the population.

Narcissism drug 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 analyses 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.

COVID-19 Impact on Narcissism Drug Market

Since its emergence in December 2019, the COVID-19  virus has spread to nearly every country on the planet, prompting the World Health Organization (WHO) to declare it a public health emergency. This can be ascribed to severe disruptions in their respective manufacturing and supply-chain operations therefore as consequence of multiple precautionary lockdowns and other limitations imposed by governments all over the world. The narcissism drug? market is no exception. Furthermore, consumer preferences has decreased as people are now much more concentrated on removing non-essential expenses from their budgets as the wider economic situation of most people has been adversely impacted by this outbreak. Over the forecast period, the aforementioned factors are likely to have a negative impact on the narcissism drug market's revenue trajectory.

Global Narcissism Drug Market Scope

The narcissism drug market is segmented on the basis of type, drugs class, treatment, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Types

On the basis of type, the narcissism drug market is segmented into classic, vulnerable, malignant, and others.

Drugs Class

On the basis of drugs class, the narcissism drug market is segmented into antidepressants, antianxiety, antipsychotics, and others.

Treatment

On the basis of treatment, the narcissism drug market is segmented into medication, and psychotherapy.

Route of Administration

  • Oral
  • Intravenous
  • Others

On the basis of route of administration, the narcissism drug market is segmented into oral, intravenous, and others.

End-Users

  • Hospitals
  • Specialty Clinics
  • Homecare
  • Others

On the basis of end-users, the narcissism drug market is segmented into hospitals, specialty clinics, homecare and others.

Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others

On the basis of distribution channel, the narcissism drug market has also been segmented into hospital pharmacy, retail pharmacy, online pharmacy and others.

Narcissism Drug Market Regional Analysis/Insights

The Narcissism drug market is analysed and market size insights and trends are provided by country, type, drugs class, treatment, route of administration, end-users and distribution channel as referenced above.

The countries covered in the Narcissism drug market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America and Europe dominate the narcissism drug market because of the growing prevalence of narcissism in this region. Additionally, growing focus of major key players on novel technology will further propel the market’s growth rate in this region.

Asia-Pacific are expected to grow during the forecast period due to number of population and rising healthcare expenditure in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Narcissism Drug Market Share Analysis

The Narcissism drug 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, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to narcissism drug market.

Some of the major players operating in the narcissism drug market are:

  • Teva Pharmaceutical Industries Ltd.(Jerusalem)
  • Sanofi (France)
  • Novartis AG (Switzerland)
  • Eli Lilly and Company (US)
  • Merck & Co., Inc. (US)
  • AstraZeneca (UK)
  • Johnson & Johnson Private Limited (US)
  • Boehringer Ingelheim International GmbH. (Germany)
  • Medtronic (Ireland)
  • Bristol-Myers Squibb Company (U.S.)
  • Abbott (US)
  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • AbbVie Inc. (US)
  • Otsuka America Pharmaceutical, Inc. (US)
  • Takeda Pharmaceutical Company Limited (Japan)
  • Pfizer Inc. (US)
  • GlaxoSmithKline plc (UK)
  • Merck KGaA (Germany)
  • H. Lundbeck A/S (Denmark)
  • Allergan (Ireland)   


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The market value for Narcissism Drug Market is expected USD 1055.59 million by 2029.
The Narcissism Drug Market is to grow at a CAGR of 7.89% during the forecast by 2029
The expansion of the Global Narcissism Drug Market will be fueled by the changing dietary pattern as well as sedentary lifestyle and rising prevalence of narcissism. Additionally, increasing expenditure on healthcare infrastructure and increasing geriatric population will enhance the growth rate of global narcissism drug market.
The major players operating in the Narcissism Drug Market are Eli Lilly and Company (US), AstraZeneca (UK), Novartis AG (Switzerland), Johnson & Johnson Private Limited (US), Teva Pharmaceutical Industries Ltd.(Jerusalem), Merck & Co., Inc. (US), Allergan (Ireland), Medtronic (Ireland), Bristol-Myers Squibb Company (U.S.), Boehringer Ingelheim International GmbH. (Germany), Abbott (US), F. Hoffmann-La Roche Ltd. (Switzerland), AbbVie Inc. (US), Otsuka America Pharmaceutical, Inc. (US), Takeda Pharmaceutical Company Limited (Japan), Pfizer Inc. (US), GlaxoSmithKline plc (UK), Sanofi (France), Merck KGaA (Germany), H. Lundbeck A/S (Denmark).
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