Asia-Pacific Bipolar Disorder Market Research Report – Segmented By Type, Mechanism Of Action, Drug Class & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Industry Size, Share, Trends & Growth Forecast (2022 to 2027)
APAC Bipolar Disorder Market Size (2022 to 2027)
The size of the Bipolar Disorder Market in the Asia-Pacific was worth around USD 0.50 billion in 2022. It is further estimated to grow at a CAGR of 1.66% to reach USD 0.54 billion by 2027.
The APAC bipolar disorder market drivers include the growing prevalence of bipolar disorder, the presence of a large population, and supportive initiatives by government institutes to increase awareness. In addition, various risk factors such as high stress, substance abuse, and others will aggravate bipolar disorders. According to estimates from the Global Burden of Disease, the prevalence of bipolar disorder worldwide ranges from 0.33 to 1.28% per country. In 2017, approximately 47 million people had bipolar disorder, and 52% were males, and 48% were women in the report. Most patients with the disorder have a history of depression. The likelihood of both men and women being affected by bipolar disorder is similar. Hence, the increase in the diagnosed disease cases will need an effective and optimal treatment plan.
Additionally, technological advancements in smartphones, smartwatches, and wearable devices improve diagnostic rates by effectively capturing physiological, behavioral, and environmental data to detect a patient's mood and mental state. Online self-management tools also enable rapid intervention, improving diagnosis and rates of treatment for the disease. Scientific bodies and medical institutions also actively conduct studies and develop new drugs with successful clinical data and research. For example, the Salk Institute for Biological Studies and the Johns Hopkins University of Medicine launched a $ 15.4 million initiative to develop new drug testing studies for bipolar disorder and schizophrenia.
However, the expiration of the patents of highly effective drugs in this market is likely to affect the market dynamics during the forecast period. Moreover, the drugs in the market face intense competition due to black-market goods. Studies have also linked some drugs to serious side effects, such as kidney failure and teratogenic changes in the fetus if used by pregnant women. Other factors that may slow the market's growth include side effects associated with anticonvulsants, misdiagnosis of bipolar disorder, strict regulatory frameworks, the limited number of approved drugs, and social stigma. For instance, the treatment gap rate for people with mental disorders is unacceptably high in China, with 91.85% of all people diagnosed with mental disorders never seeking treatment.
This research report on the APAC bipolar disorder market has been segmented and sub-segmented into the following categories.
By Method:
- Genotypic
- Proteomics-based
- Phenotypic
By Application:
- F&B
- Diagnostic
- Pharmaceutical
- Environmental
By Product:
- Identification Services
- Consumables
- Instruments
By End User:
- Food Manufacturing Industries
- Pharmaceutical Companies
- Hospitals and Diagnostic Centres
- Other End-users
By Country:
- India
- China
- Japan
- South Korea
- Australia
- New Zealand
- Thailand
- Malaysia
- Vietnam
- Philippines
- Indonesia
- Singapore
- Rest of APAC
Geographically, the Chinese bipolar disorder market is expected to grow at a healthy CAGR during the forecast period and adds significant potential to the APAC market in terms of exploitable opportunities for selecting budding companies and their savvy leaders. This regional market is anticipated to grow due to the large population, genetic predisposition, and improving public awareness programs. According to the Black Dog Institute, bipolar disorder is linked to the genetic disease of an individual. If parents have bipolar disorder, their children will likely suffer from the same condition in the future. According to data released by the WHO, India and China are among the countries most affected by mental disorders such as schizophrenia, bipolar disorder, and anxiety. In addition to government initiatives such as the Healthy Asia Pacific 2020 initiative, launched by the Asia-Pacific Economic Cooperation body, they are likely to stimulate the market in this region.
Other Asia-Pacific regional markets in India, Japan, Thailand, South Korea, and Australia will also have a steady CAGR during the forecast period, attributed to the high prevalence of mental disorders in the years to come.
KEY MARKET PLAYERS:
Companies playing a promising role in the APAC bipolar disorder market profiled in this report are Gedeon Richter, Indivior, AstraZeneca, Janssen Pharmaceuticals, Lundbeck, Bristol-Myers Squibb, Ostuca Holdings Co. Ltd., Glaxo SmithKline (GSK), Allergan Plc, Pfizer, Inc and AbbVie, Inc.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Method
5.1.1 Introduction
5.1.2 Genotypic
5.1.3 Proteomics-based
5.1.4 Phenotypic
5.1.5 Y-o-Y Growth Analysis, By Method
5.1.6 Market Attractiveness Analysis, By Method
5.1.7 Market Share Analysis, By Method
5.2 Application
5.2.1 Introduction
5.2.2 F&B
5.2.3 Diagnostic
5.2.4 Pharmaceutical
5.2.5 Environmental
5.2.6 Y-o-Y Growth Analysis, By Application
5.2.7 Market Attractiveness Analysis, By Application
5.2.8 Market Share Analysis, By Application
5.3 Product
5.3.1 Introduction
5.3.2 Identification Services
5.3.3 Consumables
5.3.4 Instruments
5.3.5 Y-o-Y Growth Analysis, By Products and Services
5.3.6 Market Attractiveness Analysis, By Products and Services
5.3.7 Market Share Analysis, By Products and Services
5.4 End User
5.4.1 Food Manufacturing Industries
5.4.2 Pharmaceutical Companies
5.4.3 Hospitals and Diagnostic Centres
5.4.4 Other End users
5.3.5 Y-o-Y Growth Analysis, By End User
5.3.6 Market Attractiveness Analysis, By End User
5.3.7 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Method
6.1.3.3 By Application
6.1.3.4 By Product
6.1.3.5 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Method
6.1.4.3 By Application
6.1.4.4 By Product
6.1.4.5 By End user
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Method
6.1.5.3 By Application
6.1.5.4 By Product
6.1.5.5 By End user
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Shimadzu Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Dickinson & Company
8.3 Biolog Inc.
8.4 Merck KGaA
8.5 IEH Laboratories & Consulting Group
8.6 Trivitron Healthcare
8.7 Laboratory Corporation of America Holdings
8.8 Thermo Fisher Scientific Inc.
8.9 Bruker Corporation
8.10 Charles River Laboratories
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
- Asia Pacific Bipolar Disorder Market, By Type, From 2022 - 2027 (USD Million)
- Asia Pacific Bipolar I Disorder Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Bipolar II Disorder Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Cyclothymic Disorder Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Bipolar Disorder Market, By Mechanism of Action, From 2022 - 2027 (USD Million)
- Asia Pacific Monoamine Oxidase Inhibitors Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Tricyclic Antidepressants Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Benzodiazepines Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Serotonin-norepinephrine Reuptake Inhibitors Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Beta-Blockers Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Selective Serotonin Reuptake Inhibitors Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Others Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Bipolar Disorder Market, By Drug Class, From 2022 - 2027 (USD Million)
- Asia Pacific Antianxiety Drugs Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Mood Stabilizers Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Antidepressant Drugs Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Antipsychotic Drugs Market, By Region, From 2022 - 2027 (USD Million)
- Asia Pacific Anticonvulsants Market, By Region, From 2022 - 2027 (USD Million)
- Japan Bipolar Disorder Market, By Type, From 2022 - 2027 (USD Million)
- Japan Bipolar Disorder Market, By Mechanism of Action, From 2022 - 2027 (USD Million)
- Japan Bipolar Disorder Market, By Drug Class, From 2022 - 2027 (USD Million)
- China Bipolar Disorder Market, By Type, From 2022 - 2027 (USD Million)
- China Bipolar Disorder Market, By Mechanism of Action, From 2022 - 2027 (USD Million)
- China Bipolar Disorder Market, By Drug Class, From 2022 - 2027 (USD Million)
- India Bipolar Disorder Market, By Type, From 2022 - 2027 (USD Million)
- India Bipolar Disorder Market, By Mechanism of Action, From 2022 - 2027 (USD Million)
- India Bipolar Disorder Market, By Drug Class, From 2022 - 2027 (USD Million)
- Australia Bipolar Disorder Market, By Type, From 2022 - 2027 (USD Million)
- Australia Bipolar Disorder Market, By Mechanism of Action, From 2022 - 2027 (USD Million)
- Australia Bipolar Disorder Market, By Drug Class, From 2022 - 2027 (USD Million)
- South Korea Bipolar Disorder Market, By Type, From 2022 - 2027 (USD Million)
- South Korea Bipolar Disorder Market, By Mechanism of Action, From 2022 - 2027 (USD Million)
- South Korea Bipolar Disorder Market, By Drug Class, From 2022 - 2027 (USD Million)
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