ANTIPSYCHOTIC DRUGS MARKET ANALYSIS

Regional Analysis

North America to dominate the global anti-psychotic drugs market, owing to increasing number of patients suffering from mental disorders

On the basis of geography, the global anti-psychotic drugs market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds the largest market share in the global anti-psychotic drugs market, attributable to rising prevalence of psychosis among the youth as well increase in the prevalence of schizophrenia among the geriatric population. According to the social stats of National Academy of Mental Illness in 2017, around 70% of youth in the juvenile justice systems in the U.S suffered from at least from one mental health condition, while 20% live with a serious mental illness. Asia Pacific is expected to exhibit a significant growth in the global anti-psychotic drugs market, owing to government initiatives to improve treatment offered to increasing number of people suffering from mental illness. The World Health Organization (WHO), 2016, Pilot Programs in India, Iran, and Pakistan have exhibited a feasibility in providing care to people suffering from mental disorders such as provision of essential medicines and public education to decrease the stigma and discrimination about mental illness.