Title: Lithium Therapy Market
1Lithium Therapy Market To Reach USD 128.6 Million
By 2027
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2 Market Summary
The growing prevalence of bipolar disorder is a
significant factor influencing market
demand. Market Size USD 103.9 Million in 2018,
Market Growth - CAGR of 2.3, Market Trends
Growing geriatric population The global lithium
therapy market is expected to reach USD 128.6
Million by 2027, according to a new report by
Reports and Data. Lithium Therapy is used as an
antipsychotic drug for treating bipolar disorder.
Sometimes, it may be utilized in other disorders
to supplement an antidepressant that is unable to
treat depression effectively.
3 Our Approach
Market Summary
- The growing prevalence of bipolar disorder is a
significant factor in influencing the market
growth. Bipolar disorder is a neurobiological
disorder of the brain that currently impacts
nearly 2.3 million people in the U.S. or about
1.0 of the total U.S. population. Suicide is the
foremost reason for premature death amongst
people who have bipolar disorder, with 15.0 to
17.0 committing suicide, owing to negative
symptoms that arise from an untreated illness.
Individuals who have bipolar disorder were over
25 times more likely to experience panic disorder
and around ten times more likely to experience
obsessive-compulsive disorder as compared to
people in the general population with the
condition. - The growing geriatric population is likely to
boost the market demand in the forecast period.
According to a study, bipolar disorder exists in
6.0 of geriatric outpatient appointments,
8.010.0 of geriatric inpatient admissions,
3.0 of geriatric people admitted in nursing
homes, and 17 of geriatric patients referred to
psychiatric emergency departments. Hence, the
worldwide rise in the aging population will be
directly proportional to the number of older
adults with the condition. - Request for a sample of this research report _at_
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/2586
4 Our Approach
Market Summary
- Key participants include Pfizer, Alkem, Sun
Pharma, Apotek Corp., Glenmark Generics, Intas,
Taurus Labs, GlaxoSmithKline, Noven
Pharmaceuticals, and Cardinal Health, among
others. - For the purpose of this report, Reports and Data
have segmented the global lithium therapy market
on the basis of product type, dosage form,
distribution channel, and region - Product Type Outlook (Revenue, USD Million
2016-2027) - Generic
- Branded
- Dosage Form Outlook (Revenue, USD Million
2016-2027) - Capsule
- Solution
- Tablet, Extended Release
- Tablet
5 Our Approach
Market Summary
- Distribution Channel Outlook (Revenue, USD
Million 2016-2027) - Hospital Clinic Pharmacies
- Online-Retail Pharmacies
- Offline-Retail Pharmacies
- Regional Outlook (Revenue, USD Million
2016-2027) - North America
- Europe
- Asia Pacific
- Latin America
- MEA
- View press release for more information _at_
https//www.globenewswire.com/news-release/2020/03
/09/1997330/0/en/Lithium-Therapy-Market-To-Reach-U
SD-128-6-Million-By-2027-Reports-and-Data.html
6About Us
Our Approach
About Us
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aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise. - Contact Us
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