Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 311.67 Million | USD 491.85 Million | 5.2% | 2023 |
According to the report published by Zion Market Research, the global Tardive Dyskinesia (TD) Treatment Market size was valued at USD 311.67 Million in 2023 and is predicted to reach USD 491.85 Million by the end of 2032. The market is expected to grow with a CAGR of 5.2% during the forecast period. The report analyzes the global Tardive Dyskinesia (TD) Treatment Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Tardive Dyskinesia (TD) Treatment industry.
Tardive dyskinesia (TD) is a neurological disorder that has the involvement of the involuntary movements. The terms can be described as tardive which means delayed and dyskinesia which means abnormal movement. The symptoms of tardive dyskinesia include finger movement, facial grimacing, jaw swinging, repetitive chewing, continuous blinking of the eyes, tongue thrusting, and others. The side effect of the neuroleptics medicines is tardive dyskinesia. These medicines are also known as major tranquilizers or antipsychotics. These medicines are mainly used for treating mental issues. Tardive dyskinesia occurs when you are on the medication for many months or years. As the drug that can be used for the treatment of tardive dyskinesia is not approved and method of treatment is also yet not confirmed thus the treatment of the disease is a difficult task. The tardive dyskinesia treatment affects the neurological system of the patient.
The global market for tardive dyskinesia treatment is fragmented into drug and end-user.
On the basis of the drug, the global market is segregated into valbenazine, amantadine, tetrabenazine, clonazepam, and others.
On the basis of the end user, the market is categorized into pharmacies, hospitals, and drug stores.
The market for the tardive dyskinesia treatment will grow significantly in the coming years. The key factor that is driving the tardive dyskinesia treatment market is the increasing number of people that are suffering from the neurological disorders. In North America majority of the population is suffering from tardive dyskinesia and the people are looking forward to the treatment, thus boosting the growth of the market. The factor that is hindering the market growth is the approval process of the new treatment methods by the respective association.
Report Attributes | Report Details |
---|---|
Report Name | Tardive Dyskinesia (TD) Treatment Market |
Market Size in 2023 | USD 311.67 Million |
Market Forecast in 2032 | USD 491.85 Million |
Growth Rate | CAGR of 5.2% |
Number of Pages | 199 |
Key Companies Covered | Teva Pharmaceutical Industries Ltd., Biogen, Johnson & Johnson Services, Inc., GlaxoSmithKline Plc., Neurocrine Biosciences, Inc., Pfizer Inc., Novartis AG, Sanofi, AstraZeneca, and Bayer AG |
Segments Covered | By drug, By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global tardive dyskinesia treatment market is regionally diversified into Eastern Europe, Latin America, the Middle East & Africa, Western Europe, North America, and Asia Pacific. The region that is dominating the tardive dyskinesia treatment market is North America. The market players in the North American region actively participate in the development of the new drugs for the treatment and the research activities and also this region has the highest demand for the neurological drugs. The regions that are following North America are Europe and Asia Pacific. The factor that these regions are also actively contributing to the research activities and are taking initiatives in building awareness about the tardive dyskinesia treatment.
The key market players that are involved in the tardive dyskinesia treatment market include :
The Global Tardive Dyskinesia (TD) Treatment Market is segmented as follows:
By drug
By end-user
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