Global Tardive Dyskinesia Treatment Market 2019-2023
- Published: Oct 2018
- Pages: 112
- SKU: IRTNTR30055
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The global tardive dyskinesia treatment market is forecasted to experience a meteoric rise by 2023 driven by the increasing R&D on VMAT2 inhibitors. Wondering how to make the most of this flourishing tardive dyskinesia industry? Technavio’s extensive industry research report offers a detailed insight that will allow you to take full advantage of the opportunities available to you. This study provides an in-depth analysis of the market by considering the evolving demographics and consumer behavior in the global tardive dyskinesia treatment market. It also examines the competitive landscape and some key tardive dyskinesia treatment vendors that include F. Hoffmann-La Roche, Merck, and Neurocrine Biosciences.
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The global tardive dyskinesia treatment market is expected to grow at a CAGR of more than 4% during the forecast period
Tardive dyskinesia treatment industry growth is expected to accelerate over the next five years, driven by increasing use of antipsychotic drugs across the globe. There has been a significant rise in the administration of antipsychotic drugs which is resulting in growing prevalence of tardive dyskinesia. The higher consumption of antipsychotic drugs leads to various deformities which is expected to boost the growth of the global tardive dyskinesia treatment market. Also, the rising incidences of mental disorders is fueling the demand for tardive dyskinesia treatment around the world. Technavio's tardive dyskinesia treatment industry analysis reveals promising markets around the world.
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The Americas dominated the tardive dyskinesia treatment market by region
The global tardive dyskinesia treatment market was dominated by the Americas with a market share of over 67%, followed by EMEA and APAC. However, APAC is expected to witness a faster growth than EMEA and the Americas over the period of forecast. In addition, the Americas will drive around 63% of the growth for the global tardive dyskinesia treatment industry, while EMEA and APAC are also predicted to contribute significantly to the incremental growth in the forecast period.
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F. Hoffmann-La Roche, Merck, and Neurocrine Biosciences are among the leading tardive dyskinesia treatment vendors
The global tardive dyskinesia treatment market is forecasted to grow reasonably fragmented with the existence of many international and regional vendors who offer tardive dyskinesia treatment. Most of the established companies in the global tardive dyskinesia treatment market are focused on investing heavily on the development of therapeutics for tardive dyskinesia treatment which will contribute to the growth of the market. Many international and regional vendors are vying for their share of the global tardive dyskinesia treatment market, and players must differentiate themselves to gain vital traction over their peers.
This report offers a complete analysis of several companies, including:
- F. Hoffmann-La Roche
- Neurocrine Biosciences
- Teva Pharmaceutical
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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