Global Psychiatric and Nervous Drugs Market Growth 2025-2031

The global Psychiatric and Nervous Drugs market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A psychiatric and nervous drug (psychiatric or psychotropic medication) is a psychoactive drug taken to exert an effect on the chemical makeup of the brain and nervous system.

Mental health and well-being affect our daily lives. Psychotropic medications can be an important part of the tools available to help keep us well.

The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.

LP Information, Inc. (LPI) ' newest research report, the “Psychiatric and Nervous Drugs Industry Forecast” looks at past sales and reviews total world Psychiatric and Nervous Drugs sales in 2024, providing a comprehensive analysis by region and market sector of projected Psychiatric and Nervous Drugs sales for 2025 through 2031. With Psychiatric and Nervous Drugs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Psychiatric and Nervous Drugs industry.

This Insight Report provides a comprehensive analysis of the global Psychiatric and Nervous Drugs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Psychiatric and Nervous Drugs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Psychiatric and Nervous Drugs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Psychiatric and Nervous Drugs and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Psychiatric and Nervous Drugs.

This report presents a comprehensive overview, market shares, and growth opportunities of Psychiatric and Nervous Drugs market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Antidepressants
Anti-anxiety
Antipsychotic
Mood Stabilizing
Stimulant Medications
Others

Segmentation by Application:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Pfizer
Ely Lilly
Actavis
Mylan
Randox
Intellipharmaceutics
Astrazeneca
Lundbeck
Allergan
GSK
Otsuka Pharmaceutical
Takeda
NHU Group
Shionogi
APOTEX
Chengdu Kanghong Pharmaceutical
HUAHAI
Zhejiang Jianfeng
Beijing Winsunny Pharmaceutical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Psychiatric and Nervous Drugs market?

What factors are driving Psychiatric and Nervous Drugs market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Psychiatric and Nervous Drugs market opportunities vary by end market size?

How does Psychiatric and Nervous Drugs break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.