Schizophrenia Treatment Market: Asia Pacific Emerging as a Lucrative Market for New Drugs

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ALBANY, USA, 2018-Jun-14 — /EPR Network/ —A new research study titled “Global Market Study on Schizophrenia Treatment: Use of Phenothiazine Antipsychotics to Increase in the Near Future” has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the study, the schizophrenia treatment market continues to witness significant transformations.

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The research study offers analysis on the basis of macro view points, which includes a thorough assessment on drivers, restraints, trends, pipeline analysis, and key regulation surrounding the development of novel and advanced drugs. The key product types discusses in the research study include atypical antipsychotics, phenothiazine antipsychotics, thioxanthenes, and miscellaneous antipsychotic drugs.

The research study also offers in-depth analysis on the key end-use segments in the market. Market forecast and analysis has been offered on the basis of hospital pharmacies, retail pharmacies, drug stores, and e-commerce. The research study also offers region-wise and country-wise analysis, with the US, EU5, Brazil, China, and India among the key markets covered in the research study.

According to the report, schizophrenia management entails careful monitoring and adherence to regular dosage, which sometimes created problems in effective management. In a bid to offer effective treatment, manufacturers are focusing on developing novel drugs. The increase in awareness on schizophrenia treatment is likely to augur well for the prospects of the market during the assessment period.

According to the report, hospital pharmacies are likely to account for the leading revenue share of the market. In addition to hospital pharmacies, drug stores are likely to be the second largest end user segment, and is likely to witness a steady CAGR during the assessment period.

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By region, Asia Pacific is likely to account for a high revenue share, owing to the increasing prevalence of the disease in the region. The Asia Pacific schizophrenia treatment market is likely to witness steady growth rates during the assessment period. The US and EU5 are also likely to be at the forefront of innovation and development of new drugs in this landscape.

The research study offers comprehensive insights and analysis on the product and business strategies of the leading players in the schizophrenia treatment market. Some of the leading players profiled in the study include Johnson & Johnson Services, Inc., Bristol-Myers Squibb Company, Otsuka Holdings Co., Ltd., AstraZeneca, Sumitomo Dainippon Pharma Co., Ltd., Eli Lilly and Company, Alkermes, Vanda Pharmaceuticals, ALLERGAN and Pfizer Inc. These companies are focusing on expanding their presence in developing countries to leverage the upcoming opportunities in these regions.

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