Global Psychotropic Drug Market Growth (Status and Outlook) 2025-2031

According to this study, the global Psychotropic Drug market size will reach US$ million by 2031.

The majority of essential psychotropic drugs are indicated to treat symptoms of mental disorders, slow down course of mental disorders, diminish disability and avoid relapse in a patient.

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.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Psychotropic Drug 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 Psychotropic Drug.

This report presents a comprehensive overview, market shares, and growth opportunities of Psychotropic Drug market by product type, application, key players and key regions and countries.

Segmentation by Type:
Analgesics
Anesthetics
Hypnotics
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 analyzing the company's coverage, product portfolio, its market penetration.
Pfizer
Ely Lilly
Actavis
Mylan
Randox
Fujifilm

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