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Schizophrenia Market is Expected to Showcase a Significant Growth During the Forecast Period (2019-2032) | Key Companies – Luye Pharma (Rykindo), Karuna (KarXT), Neurocrine Biosciences, Teva, Reviva

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Schizophrenia Market is Expected to Showcase a Significant Growth During the Forecast Period (2019-2032) | Key Companies – Luye Pharma (Rykindo), Karuna (KarXT), Neurocrine Biosciences, Teva, Reviva

January 25
08:42 2023
Schizophrenia Market is Expected to Showcase a Significant Growth During the Forecast Period (2019-2032) | Key Companies - Luye Pharma (Rykindo), Karuna (KarXT), Neurocrine Biosciences, Teva, Reviva
Delveinsight Business Research LLP
As per DelveInsight, the Schizophrenia Market is anticipated to grow in the coming years owing to the increasing prevalent population of schizophrenia patients in the 7MM and the expected entry of emerging products, i.e., such as Roluperidone (MIN-101); Dexmedetomidine (BXCL501); Pimavanserin; Risperidone ISM (DORIA) and other products with a deeper penetration in the 7MM markets.

There are several FDA-approved products for schizophrenia treatment in the market. Moreover, the pipeline of schizophrenia possesses several potential drugs that are expected to be launched soon. Some of the major potential therapies in the pipeline include Doria (risperidone ISM), Roluperidone (MIN-101), Dexmedetomidine (BXCL501), SEP363856, Pimavanserin, BI 425809, GWP42003-P, KarXT (a fixed combination of xanomeline and trospium chloride), Evenamide, LYN-005, and others.

Moreover, the leading pharma and biotech companies in the Schizophrenia therapeutics market include Boehringer Ingelheim, Karuna Therapeutics, Acadia Pharmaceuticals, Reviva Pharmaceuticals, Sunivion/PsychoGenics, Otsuka Pharmaceuticals, Neurocrine Biosciences, Takeda, Minerva Neurosciences, Newron Pharmaceuticals, Lyndra Therapeutics, Pharmaceuticals Laboratories, Cerevel Therapeutics, and others.

DelveInsight’s “Schizophrenia Market Insights, Epidemiology, and Market Forecast 2032” report delivers an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the Schizophrenia market size, share, trends, and growth opportunities in the seven major markets (7MM) (i.e., the United States, EU4 (Germany, Spain, Italy, France), the United Kingdom and Japan).

The Schizophrenia market report covers emerging drugs, current treatment practices, market share of individual therapies, and current & forecasted market size from 2019 to 2032. It also evaluates the current treatment practice/algorithm, key drivers & barriers impacting the market growth, and unmet medical needs to curate the best of the opportunities and assess the underlying potential of the market. 

Schizophrenia Market

Schizophrenia: An Overview

Schizophrenia is a serious mental illness that interferes with a person’s ability to think clearly, manage emotions, make decisions, and relate to others. It is a complex, long-term medical illness affecting about one percent of Americans.

Although Schizophrenia can occur at any age, the average age of onset tends to be in the late teens to the early twenties for men and the late twenties to early thirties for women. It is uncommon for Schizophrenia to be diagnosed in a person younger than 12 or older than 40.

Schizophrenia isn’t caused by just one genetic variation but by a complex interplay of genetics and environmental influences. While Schizophrenia occurs in 1% of the general population, having a history of family psychosis greatly increases the risk. Schizophrenia occurs in roughly 10% of people who have a first-degree relative with the disorder, such as a parent or sibling.

Schizophrenia Market Key Facts

  • In 2021, the total Schizophrenia market size was USD 8,664.6 million, which is expected to rise during the study period (2019–2032).

  • The total market size of Schizophrenia in the United States was USD 5,203.7 million in 2021.

  • In the EU5, the total market size of Schizophrenia was USD 2,547.3 million in 2021.

  • In 2021, the Schizophrenia prevalent cases were found to be around 6.27 million in the 7MM.

  • According to the DelveInsight, in the year 2021, the total prevalent cases of Schizophrenia were 2.97 million in the United States, which is expected to grow during the study period, i.e., 2019–2032.

  • EU5 countries occupied approximately 33.8% of the diagnosed patient pool amongst 7MM in 2020.

  • In the year 2021, the total prevalent cases of Schizophrenia were 1.08 million cases in Japan which is expected to grow during the study period, i.e., 2019–2032.

  • On January 15, 2023, Luye Pharma Group (Luye Pharma) announced that the U.S. Food and Drug Administration (FDA) had approved Rykindo® (risperidone) for extended-release injectable suspension for the treatment of schizophrenia in adults and as monotherapy or as adjunctive therapy to lithium or valproate for the maintenance treatment of bipolar I disorder in adults.

  • On October 28, 2022, Sosei Group Corporation announced that the first patient had been randomized for its Phase 2 placebo-controlled, inpatient clinical study evaluating the efficacy, safety, tolerability, and pharmacokinetics of investigational compound NBI-1117568 in adults with schizophrenia. NBI-1117568 is an investigational, muscarinic M4 selective acetylcholine receptor agonist believed to be a key regulator of neurotransmitters impacted by schizophrenia.

Schizophrenia Market

The market outlook section of the report helps to build a detailed comprehension of the historical, current, and forecasted Schizophrenia market size by analyzing the impact of current and emerging pipeline therapies. It also provides a thorough assessment of the market drivers & barriers, unmet needs, and emerging technologies set to impact the market dynamics.

The report gives complete detail of the Schizophrenia market trend for each marketed drug and mid & late-stage pipeline therapies by evaluating their impact based on the annual cost of therapy, their Mechanism of Action (MOA), Route of Administration (ROA), molecule types, competition with other therapies, brand value, and their impact on the market.

Schizophrenia Epidemiology Assessment 

The epidemiology section provides insights into the historical, current, and forecasted epidemiology trends in the seven major countries (7MM) from 2019 to 2032. It helps to recognize the causes of current and forecasted epidemiology trends by exploring numerous studies and research. The epidemiology section also provides a detailed analysis of diagnosed and prevalent patient pool, future trends, and views of key opinion leaders. 

The Report Covers the Schizophrenia Epidemiology Segmented by –

  • Prevalent Cases of schizophrenia in the 7MM (2019-32)

  • Diagnosed Prevalent cases of schizophrenia in the 7MM (2019-32)

  • Age-specific Diagnosed Prevalent cases of schizophrenia in the 7MM (2019-32)

  • Gender-specific Diagnosed Prevalent cases of schizophrenia in the 7MM (2019-32)

  • Severity-specific Diagnosed Prevalent cases of schizophrenia in the 7MM (2019-32)

Schizophrenia Drugs Uptake and Pipeline Development Activities

The drug uptake section focuses on the rate of uptake of the potential drugs recently launched in the Schizophrenia market or expected to be launched during the study period. The analysis covers the Schizophrenia market uptake by drugs, patient uptake by therapies, and sales of each drug. Moreover, the therapeutics assessment section helps understand the drugs with the most rapid uptake and the reasons behind the maximal use of the drugs. Additionally, it compares the drugs based on market share.

The report also covers the Schizophrenia pipeline development activities. It provides valuable insights about different therapeutic candidates in various stages and the key companies involved in developing targeted therapeutics. It also analyses recent developments such as collaborations, acquisitions, mergers, licensing patent details, and other information for emerging therapies.

Learn How the Schizophrenia Market Will Evolve and Grow by 2032 @ 

https://www.delveinsight.com/sample-request/schizophrenia-market

Schizophrenia Therapeutics Market

The major medications used to treat schizophrenia are called antipsychotics. They are generally effective for treating the positive symptoms of schizophrenia. Every person reacts a little differently to antipsychotic drugs, so a patient may need to try several before finding the one that works best. If a medication does help, it is important to continue it even after symptoms improve. Without medication, there is a high likelihood that psychosis will return, and each returning episode might be worse.

To improve the treatment scenario, several major pharma and biotech giants are actively working in the Schizophrenia Therapeutics Market. There are approx. 70+ key companies are developing therapies for Schizophrenia. Currently, Otsuka Pharmaceutical is leading the therapeutics segment with its Schizophrenia drug candidates in the most advanced stage of clinical development. 

The Leading Companies in the Schizophrenia Therapeutics Market Include:

  • Boehringer Ingelheim

  • Karuna Therapeutics

  • Acadia Pharmaceuticals

  • Reviva Pharmaceuticals

  • Sunivion

  • PsychoGenics

  • Otsuka Pharmaceuticals

  • Neurocrine Biosciences

  • Takeda

  • Minerva Neurosciences

  • Newron Pharmaceuticals

  • Lyndra Therapeutics

  • Pharmaceuticals Laboratories

  • Cerevel Therapeutics

And Many Others

Schizophrenia Therapies Covered in the Report Include:

  • Backup modulators: Autifony Therapeutics

  • M4 PAM: Addex Therapeutics

  • Ralmitaront: Roche

  • MK-8189: Merck Sharp & Dohme

  • Ulotaront: Sunovion Pharmaceuticals

  • Iclepertin: Boehringer Ingelheim

  • CY 6463: Ironwood Pharmaceuticals

  • ML-007: MapLight Therapeutics

  • AVP-786: Avanir Pharmaceuticals

  • Ulotaront: Otsuka Pharmaceutical

  • Luvadaxistat: Takeda

  • CY6463: Cyclerion Therapeutics

  • AVP 786: Avanir Pharmaceuticals

And Many More

The Report Covers the In-depth Assessment of the Emerging Drugs & Key Companies. Download the Sample Report to Learn More @

https://www.delveinsight.com/sample-request/schizophrenia-market

Table of Content (TOC)

1. Key Insights

2. Executive Summary 

3. Schizophrenia Competitive Intelligence Analysis

4. Schizophrenia Market Overview at a Glance

5. Schizophrenia Disease Background and Overview

6. Schizophrenia Patient Journey

7. Schizophrenia Epidemiology and Patient Population (In the US, EU5, and Japan)

8. Schizophrenia Treatment Algorithm, Current Treatment, and Medical Practices

9. Schizophrenia Unmet Needs

10. Key Endpoints of Schizophrenia Treatment

11. Schizophrenia Marketed Products

12. Schizophrenia Emerging Drugs and Latest Therapeutic Advances

13. Schizophrenia Seven Major Market Analysis

14. Attribute Analysis

15. Schizophrenia Market Outlook (In US, EU5, and Japan)

16. Schizophrenia Access and Reimbursement Overview

17. KOL Views on the Schizophrenia Market

18. Schizophrenia Market Drivers

19. Schizophrenia Market Barriers

20. Appendix

21. DelveInsight Capabilities

22. Disclaimer

*The Table of Contents (TOC) is not exhaustive; the final content may vary. Refer to the sample report for the complete table of contents.

Download the Sample PDF to Learn More About the Key Offerings of the Report @

https://www.delveinsight.com/sample-request/schizophrenia-market

 

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About DelveInsight
DelveInsight is a leading Business Consultant and Market Research Firm focused exclusively on life sciences. It supports pharma companies by providing comprehensive end-to-end solutions to improve their performance.

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