The growing prevalence of bipolar disorder is a significant factor influencing market demand.
Lithium Therapy Market Size – USD 103.9 Million in 2018, Market Growth - CAGR of 2.3%, Market Trends – Growing geriatric population
The global Lithium Therapy Market is expected to reach USD 128.6 Million by 2027, according to a new report by Reports and Data. Lithium Therapy is used as an antipsychotic drug for treating bipolar disorder. Sometimes, it may be utilized in other disorders to supplement an antidepressant that is unable to treat depression effectively.
The growing prevalence of bipolar disorder is a significant factor in influencing the market growth. Bipolar disorder is a neurobiological disorder of the brain that currently impacts nearly 2.3 million people in the U.S. or about 1.0% of the total U.S. population. Suicide is the foremost reason for premature death amongst people who have bipolar disorder, with 15.0% to 17.0% committing suicide, owing to negative symptoms that arise from an untreated illness. Individuals who have bipolar disorder were over 25 times more likely to experience panic disorder and around ten times more likely to experience obsessive-compulsive disorder as compared to people in the general population with the condition.
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The growing geriatric population is likely to boost the market demand in the forecast period. According to a study, bipolar disorder exists in 6.0% of geriatric outpatient appointments, 8.0%–10.0% of geriatric inpatient admissions, 3.0% of geriatric people admitted in nursing homes, and 17% of geriatric patients referred to psychiatric emergency departments. Hence, the worldwide rise in the aging population will be directly proportional to the number of older adults with the condition.
Further key findings from the report suggest
- By dosage form, capsules contributed to the largest market share in 2018 and is likely to grow at a rate of 2.1% in the forecast period. Capsules are taken through the oral route of administration and are available in dosage including 150 mg, 300 mg, and 450 mg.
- By product type, branded product dominated the market in 2018. A branded product is produced by a renowned manufacturer and has the manufacturer's label on it, for instance, Eskalith and Lithobid, among others.
- By distribution channel, hospital & clinic pharmacies contributed to the largest market share in 2018 and is likely to grow at a rate of 2.0% in the forecast period. The factors including higher purchasing power, the existence of highly skilled healthcare professionals, and improved health coverage for hospital-based healthcare services from several private and group insurance plans, among others, are responsible for the high market share of hospitals.
- The market in the Asia Pacific region is estimated to witness the fastest growth rate of 3.5% in the forecast period, due to the improving healthcare infrastructure, rising investments, and better reimbursement scenario.
- Key participants include Pfizer, Alkem, Sun Pharma, Apotek Corp., Glenmark Generics, Intas, Taurus Labs, GlaxoSmithKline, Noven Pharmaceuticals, and Cardinal Health, among others.
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For the purpose of this report, Reports and Data have segmented the global lithium therapy market on the basis of product type, dosage form, distribution channel, and region:
Product Type Outlook (Revenue, USD Million; 2016-2027)
- Generic
- Branded
Dosage Form Outlook (Revenue, USD Million; 2016-2027)
- Capsule
- Solution
- Tablet, Extended Release
- Tablet
Distribution Channel Outlook (Revenue, USD Million; 2016-2027)
- Hospital & Clinic Pharmacies
- Online-Retail Pharmacies
- Offline-Retail Pharmacies
Regional Outlook (Revenue, USD Million; 2016-2027)
- North America
- U.S
- Europe
- U.K
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- MEA
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Key Points Covered in the Report:
- Comprehensive analysis of opportunities and risks in the Lithium Therapy market
- Recent mergers and acquisitions, collaborations, and technological innovations in the Lithium Therapy market
- Conclusive assessment of the growth rate and dynamics in the Lithium Therapy market
- In-depth study of key market drivers, restraints, macro- and micro-economic factors, threats, opportunities, and limitations
- Analysis of current and emerging market trends in the Lithium Therapy market
- Revenue growth estimations for the period of 2021-2028
- Analysis of top companies and new players operating in the market to offer competitive edge to the readers
- Comprehensive study of the key market dynamics and their latest trends and insights into key segments and sub-segments
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Reports and Data sheds light on the market scope, potential, and performance perspective of the Global HLA Typing for Transplant Market by carrying out an extensive market analysis.
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Increasing government funding for vaccine production and growing emphasis on immunization are major factors expected to drive the marketVaccines Market Size – USD 42 Billion in 2020, Market Growth – 7.3% Market Trends – Expanding pharmaceutical industry and drive to vaccinate allThe global Vaccines Market size is expected to reach USD 73.78 billion by 2028, registering a CAGR of 7.3% over the forecast period, according to the latest report by Reports and Data.
Major factors driving market revenue growth are rising prevalence of infectious diseases, increasing government funding for vaccine production, and growing emphasis on immunization.Immunization is a public health and development success storey that saves millions of lives each year.
Vaccination helps avoid over 20 life-threatening diseases, helping people of all ages to live longer, healthier lives.
Vaccines save lives of 2-3 million people per year from diseases such as diphtheria, tetanus, pertussis, influenza, and measles.Immunization is a basic human right and an essential component of primary health care.
Over the past decade, more than 1 billion children have been vaccinated.
They're crucial in battle against antimicrobial resistance, and for global health protection.
Growing need for early detection of infectious diseases and rapidly advancing global healthcare infrastructure boost market growthClinical Microbiology Market Size – USD 4.1 billion in 2020, Market Growth – at a CAGR of 6.7%, Market Trends – Growing availability of low-cost clinical microbiology productsThe Global Clinical Microbiology Market size is expected to reach USD 6.6 billion by 2028 at a CAGR of 6.7%, according to the latest report by Reports and Data.
The market is expected to gain robust traction in the coming years due to rising prevalence of infectious diseases worldwide, growing need for early and accurate disease diagnosis, and increasing R activities to develop pathogen-specific diagnostic kits.
In addition, growing adoption of advanced genomic techniques for disease detection, increased availability of low-cost clinical microbiology products, and growing use of clinical microbiology products across clinical diagnostic centers and research laboratories are other factors fueling the growth of the global clinical microbiology market.To get a sample PDF copy of the report, visit @ https://www.reportsanddata.com/sample-enquiry-form/4032Clinical microbiology is the study of microbes that cause severe infections in the human body.
It involves accurate diagnosis of infectious diseases using bodily fluid samples to identify microbes that cause the infection.
Clinical microbiology aids in rapid diagnosis of pathogens and ensures effective administration of antibiotics to enhance treatment results.
It uses several advanced diagnostic methods, such as MALDI–TOF mass spectrometry, real-time genome sequencing, and phenotypic microarrays, for sampling and analysis processes.
The Pigment Dispersion Market has observed unceasing growth in the past few years and has prospects to grow even further during the forecast period (2020-2027).
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The Pigment Dispersion Market segments and market characteristics are mentioned below:Pigment Type Outlook (Revenue, USD Billion; 2017-2027)InorganicOrganicDispersion Type Outlook (Revenue, USD Billion; 2017-2027)Water-basedSolvent-basedApplication Outlook (Revenue, USD Billion; 2017-2027)Paints & CoatingsInksPlasticsOthers Market segmentation of the Pigment Dispersion Market Industry based on Geographical Break-down:Regional Outlook (Revenue, USD Billion; 2017-2027)North AmericaU.SCanadaEuropeGermanyU.KFranceBENELUXRest of EuropeAsia PacificChinaJapanSouth KoreaRest of APACMEASaudi ArabiaUAERest of MEALatin AmericaBrazilRest of LATAM For readers interested in the Pigment Dispersion Market Industry, this report will serve as an exhaustive database, giving the user a comprehensive outlook.
Customization of reports according to individual needs based on region, key participants, and type is available.For the consumer-driven market, separate analysis can be included and customized with respect to age, gender, occupation, income level or education, etc.Consumer patterns* Purchasing patterns (comfort & convenience, economical, pride)* Purchasing behavior (seasonal, usage rate)* Lifestyle (health-conscious, family orientated, community active)* Outlooks (service, quality, risk, influence) Any Query or Discount?
Global Compounding Pharmacies Market Forecast to 2027 encompasses crucial data about the global Compounding Pharmacies market and includes a thorough examination of technological development, market drivers, market share, market size, and regional segmentation.
The report also provides a comprehensive evaluation of the market trends, vital statistical data, accurate market estimations, and the key suppliers and manufacturers of the Compounding Pharmacies market.The report is also attuned with the currently ongoing COVID-19 pandemic and its effect on the key segments of the market.
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It also offers strategic recommendations to the key players of the market to assist them in overcoming the negative impacts of the pandemic.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/994The report provides a complete analysis of the global Compounding Pharmacies market with important details about the key market players from insightful primary and secondary research data.
The report also aims to benefit the user by providing constructive data to gain insight into the market growth, size, and investment approaches.The key companies profiled in the market are: Fagron, Braun Melsungen AG Company, PharMEDium Services LLC, Cantrell Drug Company, Institutional Pharmacy Solutions, Triangle Compounding Pharmacies, Fresenius Kabi AG, Lorraine’s PharmacyThe report also covers a comprehensive analysis of the strategic alliances such as mergers and acquisitions, joint ventures, partnerships, collaborations, agreements, government and corporate deals, and product launches and brand promotions.
The report also offers a thorough analysis of the product portfolios, production capacity, gross margins, revenues, and costing of the key manufacturers and vendors.
