The global attention deficit hyperactivity disorder therapeutics market size is to reach USD 45.68 billion by 2027 from USD 29.56 billion in 2022. The market is expected to be growing at a CAGR of 9.09% during the forecast period.
Attention deficit hyperactivity is a neurodevelopmental disorder that damages and envelops symptoms of impulsivity and hyperactivity. Treating and controlling the disease with the help of technology defines neurobehavioral because of the way the brain affects learning, behavior, and emotion.
MARKET DRIVERS:
Y-O-Y rise in the incidence of attention deficit hyperactivity disorder across the world is driving the global ADHD therapeutics market growth.
The causes of ADHD are still indistinct, although genetic presence is observed in many cases. As per the data given by the Centre for Disease Control and Prevention (CDC) in 2016, around 6.1 million individuals, including 388,000 children aged 2–5 years, 4 million 6–11 years, and 3 million 12–17 years, were diagnosed with ADHD in the U.S. besides, boys are more likely to be diagnosed than girls.
The frequency of ADHD is rising at a higher rate, which drives the global attention-deficit hyperactivity disorder therapeutics market, as there is no treatment for this disorder. Furthermore, the ADHD therapeutics market is mainly driven by the rough impact of unstable lifestyles and additives in children's diets, increasing the incidence of ADHD within the 4-to-17-year age group. Moreover, increasing awareness concerning syndrome among physicians and patients and opinion-based due to the lack of regular diagnostic tests is anticipated to fuel revenue growth of the worldwide ADHD market in the coming future.
Additionally, increasing advancements in the medical field, a growing number of research in neurosciences, and raising awareness about mental illness among people are fuelling the market growth to a considerable extent. Furthermore, expanding the focus of biotechnology & pharmaceutical companies into developing innovative therapeutics for ADHD drives the development of the global ADHD therapeutics market.
MARKET RESTRAINTS:
The high cost of ADHD medications, improper reimbursement policies, and side effects related to ADHD medications (such as insomnia, anorexia, dizziness, headaches, and mood changes) are restraining the growth of the global ADHD therapeutics market. In addition, all the side effects associated with ADHD drugs affect the patients' lives and hamper the revenue growth of the attention-deficit hyperactivity disorder therapeutics market in the given forecast period. In addition, problems like allergic reactions to medicine, medical conditions like coronary artery disease, kidney disease, and seizures are associated with attention deficit hyperactivity disorder medicines.
Impact of COVID-19 on the global ADHD therapeutics market:
COVID-19 has had a lot of negative impacts on people suffering from attention-deficit hyperactivity disorder. The main reason for the effect is vulnerability to the distress caused by the pandemic and physical distancing measures. Due to these factors, the patient can showcase increased behavioral problems. The increase in the issues will boost the sale of ADHD therapeutics, and the panic buying by consumers has finished the stock of the current batch of medicines and forced them to make a new batch. In addition, hospital visits for non-essential medical conditions have been postponed, causing individuals with ADHD to rely solely on drugs.
REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2021 to 2027 |
|
Base Year |
2021 |
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Forecast Period |
2022 to 2027 |
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Segments Covered |
By Type, Production Technologies, and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
This research report on the global attention deficit hyperactivity disorder therapeutics market has been segmented and sub-segmented based on the Type, Production Technologies, and Region.
ADHD Therapeutics Market - Treatment by Medication:
Based on the medication types, stimulants are expected to emerge as the drugs of choice among physicians and patients worldwide. Amphetamine is also to gain popularity over the forecast period.
Stimulants lead the market and are expected to grow at a promising rate from 2022 to 2027. Around 70-80% of children who have ADHD use stimulants as medication to treat the disease. These stimulants help cure ADHD. In addition, these drugs act as a stimulant for the central nervous system. The most common stimulant used is Concerta (methylphenidate), Dexedrine (amphetamine), and Evekeo (amphetamine).
Non stimulants accounted for the second market share in 2021, and with the rise in cases, the growth expected is positive in the future. These drugs are used to treat ADHD and are taken with stimulants and alone. Atomoxetine is recommended for patients above six years.
ADHD Therapeutics Market - Treatment by Psychotherapy:
Based on the psychotherapy treatment type, the Behavior therapy segment is the most commonly used method for ADHD treatment. It is an effective treatment that can help children improve their self-esteem, behavior, and self-control. It is primarily helpful with the stimulant medication going on, and with time, we can see a reduction in drug dosage.
Interpersonal psychotherapy is a time-limited and focused approach to treating mood disorders. Its popularity is increasing daily and is very effective in treating ADHD.
Family therapy is very effective in treating ADHD, and its popularity is increasing daily.
ADHD Therapeutics Market - Treatment by Education or Training:
Parent Management Training is most popular among others. It is incredibly efficient in treating ADHD, and the rising awareness about its effectiveness will further drive its market.
Social skills training by schools and experts is also very effective in treating ADHD. Schools based intervention method is also being used more to treat ADHD, and with the rising cases, the method will increase quickly.
ADHD Therapeutics Market – By Region:
Geographically, the North America ADHD therapeutics market commanded a share of 36.0% of the global market in 2021. The growth of the North American market is driven by the growing rate of patients with attention deficit hyperactivity disorder and high healthcare expenditure. It is the reason behind the large revenue pocket of the local market in the U.S. Therefore, and the region would hold its leading position in the global attention deficit hyperactivity disorder therapeutics market in the forecast period.
The Europe ADHD therapeutics market held the second-most position in the global market in 2021, along with emerging technology and digital medicines. The affluent medical device market and growing healthcare expenditure are responsible for the market's growth.
The Asia Pacific ADHD therapeutics market is growing at a CAGR of 12.3% from 2022 to 2027. The factors responsible for the market's growth are the unmet needs and sizeable patient population, and even the availability of lower-cost drugs for ADHD treatment. Moreover, improving the economy in the region is acting as a key to the success of pushing up the regional market and boosting the healthcare sector. Private organizations and the increased funding from the population are responsible for the regional market's growth. In addition, the explosion of healthcare insurance in many countries like Malaysia, Thailand, and Vietnam is expected to drive the ADHD market in the Asia Pacific. Also, the availability of the new treatments and the technology affect the growing demand and propel the growth of the regional ADHD therapeutics market.
The Latin America ADHD therapeutics market is estimated to be worth USD 1.53 billion by 2027. On the other hand, the ADHD therapeutics market in the Middle East and Africa is predicted to grow at a CAGR of 9.31% from 2022 to 2027.
KEY MARKET PARTICIPANTS:
Some of the key market players dominating the global ADHD therapeutics market profiled in the report are Shire plc (Ireland), Neos Therapeutics, Inc. (U.S.), Eli Lilly and Company (U.S.), Pfizer Inc. (U.S.), Alcobra Ltd. (Israel), Supernus Pharmaceuticals, Inc. (U.S.), Noven Pharmaceuticals, Inc. (U.S.), Novartis AG (Switzerland), Johnson & Johnson (U.S.) and Curemark, LLC. (U.S.).
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
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
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5.1 Introduction
5.2 Treatment By Medication
5.2.1 Introduction
5.2.2 Stimulants
5.2.2.1 Introduction
5.2.2.2 Amphetamines
5.2.2.3 Methylphenidate
5.2.2.4 Dextroamphetamine
5.2.2.5 Dexmethylphenidate
5.2.3 Non-Stimulants
5.2.3.1 Introduction
5.2.3.2 Atomoxetine
5.2.3.3 Bupropion
5.2.3.4 Guanfacine
5.3 Treatment By Psychotherapy
5.3.1 Introduction
5.3.2 Behavior Therapy
5.3.3 Cognitive Behavioral Therapy
5.3.4 Interpersonal Psychotherapy
5.3.5 Family Therapy
5.4 Treatment By Education or Training
5.3.1 Introduction
5.3.2 Parent Management Training
5.3.3 Social Skills Training
5.3.4 School-Based Interventions
6.1 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.2 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.3 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 Soth Korea
6.4 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.5 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle East
6.5.3 South Africa
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
8.1 Shire plc (Ireland)
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Neos Therapeutics, Inc. (U.S.)
8.3 Eli Lilly and Company (U.S.)
8.4 Pfizer Inc. (U.S.)
8.5 Alcobra Ltd. (Israel)
8.6 Supernus Pharmaceuticals, Inc. (U.S.)
8.7 Noven Pharmaceuticals, Inc. (U.S.)
8.8 Novartis AG (Switzerland)
8.9 Johnson & Johnson (U.S.)
8.10 Curemark, LLC., (U.S.)
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
FAQ's
The global ADHD therapeutics market size is estimated to be worth USD 29.56 billion in 2022 and USD 45.68 billion by 2027.
The impact of COVID-19 on the ADHD therapeutics market has been analyzed in this report and the post-purchase version of the report includes a complete analysis.
The behavior therapy segment is the most lucrative segment and also accounted for the major share of the global ADHD therapeutics market by psychotherapy treatment type in 2021.
Shire plc (Ireland), Neos Therapeutics, Inc. (U.S.), Eli Lilly and Company (U.S.), Pfizer Inc. (U.S.), Alcobra Ltd. (Israel), Supernus Pharmaceuticals, Inc. (U.S.), Noven Pharmaceuticals, Inc. (U.S.), Novartis AG (Switzerland), Johnson & Johnson (U.S.) and Curemark, LLC. (U.S.) are a few of the notable players in the global ADHD therapeutics market.
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