Acknowledging the value this market is garnering currently and the growth prospect the market is demonstrating worldwide, Market Research Future (MRFR), recently published a brilliant study report giving out the complete market prognosis up till 2024. According to MRFR, the Global ADHD Therapeutics Market is expected to grow exponentially, registering a phenomenal CAGR during the forecasted period (2017 -2024).
Other factors propelling the market growth include increasing risk factors, proliferating healthcare sector along with the increasing number of advanced HC facilities and the increasing awareness about the treatment method. Improving economic conditions that enable access to the quality life & to the improved healthcare worldwide are providing impetus to the market growth.
Technological advancements transpired in the medical science backed by the substantial investments in the R&D activities for the innovation & development of novel treatments & medicines, foster the market growth of ADHD Therapeutics, excellently.
On the other hand, factors such as incidents of drug resistance, and unmet clinical needs, coupled with the high cost associated with the treatments are expected to restrict the market growth. Nevertheless, the emergence of Biosimilars would certainly avail affordable, cost- effective medical products, which will in turn, propel the market growth of ADHD Therapeutics.
ADHD Therapeutics Industry News:
December 04, 2017 – Akili Interactive Labs (US) launched a video game designed to treat kids with ADHD. Although the FDA approval for the game is still awaited, Akili’s ADHD videogame is the world’s first prescription video game & closest to commercialization. The company is also working on a range of games and digital medicines designed to medically treat cognitive conditions such as depression and dementia.
Segments for Global ADHD Therapeutics Market
Global Adhd Therapeutics Market has been segmented on the basis of drug types which comprises of stimulants and non-stimulants. On the basis of distribution channels, market is segmented into hospitals, clinics, pharmacies, research laboratories and others.
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Key Players for Global ADHD Therapeutics Market
Concordia International Corp.,
Eli Lilly and Company,
Highland Therapeutics Inc.,
Janssen Global Services LLC,
NEOS Therapeutics Inc.,
Noven Pharmaceuticals Inc.,
Teva Pharmaceutical and others.
Global ADHD Therapeutics Market Competitive Analysis
The global ADHD Therapeutics market is a fragmented market with a large number of players. Product development strategy has been curtailed by the excellent efficiency and efficacy of drugs. However, the rise of drug resistance has opened doors for new drug development and is an opportunity for a new market leader. The rise of spurious and counterfeit medicines have reduced the total market revenues and at the same time displaced standard drugs off the market. Key Players are focusing on innovative products with minimum adverse effects, as well as targeting emerging applications to leverage growth opportunities.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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