ADHD is one of the most common neurodevelopmental disorders of childhood. It is usually first diagnosed in childhood and often lasts into adulthood. Children with ADHD may have trouble paying attention, controlling impulsive behaviors or be hyperactive. It is normal for children to have trouble focusing and behaving at one time or another. However, children with ADHD do not just grow out of these behaviors. The symptoms continue and can cause difficulty at school, at home, or with friends. A child with ADHD might daydream a lot, forget or lose things a lot, make careless mistakes, have difficulty getting along with others. Rising prevalence of ADHD and increasing awareness regarding ADHD are some of the factors responsible for the growth of the global ADHD therapeutics market. The market for ADHD therapeutics is growing rapidly. The global market for ADHD therapeutics is expected to reach USD by the end of the forecasted period and is expected to grow at a Strong CAGR
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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.
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.
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.
Key Players for Global ADHD Therapeutics Market
Some of the key players in this market are: Concordia International Corp., Eli Lilly and Company, Highland Therapeutics Inc., Janssen Global Services LLC, NEOS Therapeutics Inc., Novartis AG, Noven Pharmaceuticals Inc., Pfizer Inc., Shire, Teva Pharmaceutical and others.
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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.
Some Brief Table of Contents of Report
Chapter 1. REPORT PROLOGUE
Chapter 2. MARKET INTRODUCTION
Chapter 3. RESEARCH METHODOLOGY
Chapter 4. MARKET DYNAMICS
Chapter 5. MARKET FACTOR ANALYSIS
Chapter 6. GLOBAL ADHD THERAPEUTICS MARKET, BY DRUG TYPE
Chapter 7. GLOBAL ADHD THERAPEUTICS MARKET, BY AGE GROUP
Chapter 8. GLOBAL ADHD THERAPEUTICS MARKET, BY END USERS
Chapter 9. GLOBAL ADHD THERAPEUTICS MARKET, BY BY REGION
Chapter 10 COMPETITIVE LANDSCAPE
Chapter 11 COMPANY PROFILE
Chapter 12 CONCLUSION
Chapter 13 APPENDIX
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