ADHD Therapeutics Market- Global Industry Analysis And Forecast (2023-2029)

ADHD Therapeutics Market was valued $ 20.34 Mn in 2022 and is expected to reach $ 31.13 Mn by 2029, at a CAGR of 6.27%.
ADHD Therapeutics Market Overview
Attention Deficit-Hyperactivity Disorder (ADHD) is a psychiatric condition that has long been recognized as affecting children's ability to function. Individuals suffering from this disorder show patterns of developmentally inappropriate levels of inattentiveness, hyperactivity, or impulsivity.To know about the Research Methodology :- Request Free Sample Report

Since the past decade, the concept of ADHD seems to have become a broader and more heterogeneous. However, the diagnosis and treatment of ADHD are still challenging for clinicians, necessitating increased reliance on their expertise and experience. Increasing prevalence of ADHD and advancements in the therapeutics to manage the conditions are key driving forces behind the growth of the market. Increase in the uses of medicines to treat ADHD presage towards the growth in the number of cases diagnosed and treated.

Recent decades have seen a growth in treatments for attention deficit hyperactivity disorder (ADHD) including many branded and generic drugs. In the early 2000's, new drug entry dramatically altered market shares. The introduction of new products expands the range of consumer choice and increases consumer welfare. Prescriptions for ADHD medication have steadily increased over the last decade, leading to important expenditure to public payer health care systems. Pharmacologic treatment options for ADHD in adults comprise both psycho-stimulant and non-stimulant options.

Additionally, increasing advancements in the medical field, expanding focus on biotechnology and pharmaceutical companies in development of innovative therapeutics for ADHD are also driving the market demand.

The report has profiled eighteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analysing the market and estimation the size of the same. The growing healthcare infrastructure in each region is different and focus is given on availability of advanced technology and new techniques.

The report contains a detailed analysis of Strengths, Weakness and opportunities of the key players operating in the ADHD Market. It also provides information on current market trends, competitive ranking analysis, regional bifurcation, turnover forecasts, industry drivers and the key challenges.
ADHD Therapeutics Market Segment Analysis
By drug type, the stimulants segment was valued $xx Mn in 2022, and is expected to dominate the ADHD market in the forecast period. The stimulants are considered first-line treatments for ADHD, supported by decades of research and a history of robust response, good tolerability, and safety across the lifespan. Stimulants are classified by the US Food and Drug Administration (FDA) and the Drug Enforcement Agency as schedule 2 agents.

Non-stimulant treatments are also available among current medical treatment options. A combination of pharmacological and psychological therapies are recommended for the treatment of ADHD and a number of different medications (stimulants and non-stimulants) which are licensed in the US and Europe have been shown to have both efficacy and tolerability. Stimulant medications are leading to a clinically significant reduction of symptoms in around 70 percent of cases. In addition, they have also shown some efficacy in the treatment of other conditions, such as narcolepsy and resistant depression. These factors are contributing in the expansion of the ADHD market.

The Lisdexamfetamine Dimesylate drug type sub-segment is expected to register highest CAGR of 15.6% in the forecast period. The longer effectiveness of the treatment and easier availability is expected to grow the segment. The Lisdexamfetamine Dimesylate drug type sub-segment is expected to reach a market value of US$ 5,682.2 Mn by the end of 2029.

By distribution channel, retail pharmacy accounted for the largest share of xx% in 2022, due to increasing number of prescriptions. This can be attributed to rise in patient care initiatives by retail pharmacies. Patients prefer purchasing drugs from retail pharmacies rather than hospitals and therefore, the segment is expected to retain its lead throughout the forecast period.
ADHD Therapeutics Market Regional Insights
The ADHD market of North America is expected to dominate the market accounting for nearly xx% of the total market share and registering a CAGR of xx% in the forecast period. Growing mergers & acquisitions is observed among in-vitro diagnostic and life sciences players in North America. This is anticipated to largely propel the region’s growth in the future. Key market players are strengthening their product portfolio by venturing into various medical specialty domains.

In March 2022, Adlon Therapeutics L.P., a subsidiary of Purdue Pharma L.P., received the U.S. Food and Drug Administration (FDA) approval for Adhansia XR (methylphenidate hydrochloride) extended-release capsules CII, for the treatment of attention-deficit hyperactivity disorder (ADHD).

The European ADHD market holds the second-most position owing to the emerging technologies and digital medicines in the region. The expanding medical devices market and growing healthcare expenditure are augmenting the market growth.

Asia-Pacific is also expected to grow fast, at a CAGR of xx% in the forecast period. This growth is attributed to the unmet needs and sizeable patient population. Developing economies in the APAC region are affecting the market positively. The availability of low cost drugs for ADHD treatment and increased funding from private organisations are key factors driving the market growth. Healthcare insurance policies in countries such as Malaysia, Vietnam and Thailand are up surging the APAC ADHD market. Moreover, the emergence, availability and acceptance of innovative technologies is propelling the market.
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Global ADHD Therapeutics Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 20.34 Mn.


Forecast Period 2023 to 2029 CAGR:
6.27%
Market Size in 2029:
US $ 31.13 Mn.


 Segments Covered:
by Drug Type
Stimulants
Non-stimulants


by Distribution Channel
Retail Pharmacy
Hospital Pharmacy


by Age Group
Pediatric
Adolescent
Adults



ADHD Therapeutics Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
ADHD Therapeutics Market, Key Players are
1. Eli Lily & Company
2. Pfizer
3. Johnson & Johnson Services, LLC
4. Lupin
5. Shire
6. Mallinckrodt
7. Prude Pharma L.P.
8. NEOS Therapeutics Inc
9. Amneal Pharmaceuticals, Inc
10. Janssen Pharmaceuticals, Inc
11. Noven Pharmaceuticals Inc,
12. RespireRx Pharmaceuticals Inc
13. Otsuka Pharmaceutical Co., Ltd
14. Neos Therapeutics, Inc.
15. American Brivision (Holding) Corporation
16. Novartis International AG
17. Takeda Pharmaceutical Company Limited
18. GlaxoSmithKline plc

Frequently Asked Questions:

1. Which region has the largest share in Global ADHD Therapeutics Market?
Ans: Asia-Pacific region held the highest share in 2022.

2. What is the growth rate of Global ADHD Therapeutics Market?
Ans: The Global ADHD Therapeutics Market is growing at a CAGR of 6.27% during forecasting period 2023-2029.

3. What is scope of the Global ADHD Therapeutics Market report?
Ans: Global ADHD Therapeutics Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global ADHD Therapeutics Market?
Ans: The important key players in the Global ADHD Therapeutics Market are – Eli Lily & Company, Pfizer, Johnson & Johnson Services, LLC, Lupin, Shire, Mallinckrodt, Prude Pharma L.P., NEOS Therapeutics Inc, Amneal Pharmaceuticals, Inc, Janssen Pharmaceuticals, Inc, Noven Pharmaceuticals Inc,, RespireRx Pharmaceuticals Inc, Otsuka Pharmaceutical Co., Ltd, Neos Therapeutics, Inc., American Brivision (Holding) Corporation, Novartis International AG, Takeda Pharmaceutical Company Limited, and GlaxoSmithKline plc

5. What is the study period of this Market?
Ans: The Global ADHD Therapeutics Market is studied from 2022 to 2029.