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Global Obsessive-Compulsive Disorder (OCD) Drugs Market – Industry Trends and Forecast to 2031

Pharmaceutical | Upcoming Report | Feb 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Obsessive-Compulsive Disorder (OCD) Drugs Market, By Severity (Mild To Moderate and Moderate To Severe), Sub-Type (Contamination Obsessions With Washing/Cleaning Compulsion, Harm Obsessions With Checking Compulsions, Obsessions Without Visible Compulsions, Symmetry Obsessions With Ordering, Arranging and Counting Compulsions, Hoarding, and Others),Drugs (Antidepressants, Antipsychotics, NMDA Blocker, and Others), Route Of Administration (Oral and Parenteral), Population Type (Pediatrics and Adults), End User (Hospitals, Specialty Clinics, Home Healthcare, and Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, and Others) – Industry Trends and Forecast to 2031.

 


Obsessive-Compulsive Disorder (OCD) Drugs Market Analysis and Size

In the OCD drugs market, medications cater to both pediatric and adult populations, addressing the unique needs of each demographic. For pediatric patients, selective serotonin reuptake inhibitors (SSRIs) such as fluoxetine are commonly prescribed, while adults may receive a broader range of treatments including SSRIs, serotonin-norepinephrine reuptake inhibitors (SNRIs), and tricyclic antidepressants (TCAs) such as clomipramine, depending on individual response and severity of symptoms.

Data Bridge Market Research analyses that the global obsessive-compulsive disorder (OCD) drugs market, which was USD 627.51 million in 2023, is expected to reach USD 1,316.05 million by 2031, at a CAGR of 9.7% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation      

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Severity (Mild To Moderate and Moderate To Severe), Sub-Type (Contamination Obsessions With Washing/Cleaning Compulsion, Harm Obsessions With Checking Compulsions, Obsessions Without Visible Compulsions, Symmetry Obsessions With Ordering, Arranging and Counting Compulsions, Hoarding, and Others),Drugs (Antidepressants, Antipsychotics, NMDA Blocker, and Others), Route Of Administration (Oral and Parenteral), Population Type (Pediatrics and Adults), End User (Hospitals, Specialty Clinics, Home Healthcare, and Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, and Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Abbott (U.S.), Lilly (U.S.), Viatris  (U.S.), H. LUNDBECK A/S (Denmark), GSK plc (U.K.), Pfizer Inc. (U.S.), Mallinckrodt (U.K.), Sebela Pharmaceuticals (U.S.), Zydus Pharmaceuticals, Inc. (India), Lupin Pharmaceuticals, Inc. (India), Amneal Pharmaceuticals LLC. (U.S.), Dr. Reddy’s Laboratories Ltd. (India), Teva Pharmaceutical industries Ltd. (Israel), Wockhardt (India), Alvogen (Iceland), Sun Pharmaceutical Industries Ltd. (India), Aurobindo Pharma USA (U.S.), Par Pharmaceutical, Inc. (U.S.), Apotex Inc. (Canada), Lannett (U.S.)

Market Opportunities

  • Collaboration with Mental Health Professionals Enhances Outcomes
  • Personalized Medicine Approaches Improve Treatment Efficacy

Market Definition

Obsessive-compulsive disorder (OCD) drugs are pharmacological agents used to alleviate symptoms of OCD, a mental health condition characterized by intrusive thoughts (obsessions) and repetitive behaviors (compulsions). These medications typically modulate neurotransmitter activity in the brain, such as serotonin reuptake inhibitors, to mitigate obsessive and compulsive symptoms and improve overall quality of life.

Global Obsessive-Compulsive Disorder (OCD) Drugs Market Dynamics

Drivers

  • Advancements in Drug Development Enhance Treatment Options

Innovative pharmacological interventions offer improved efficacy, tolerability, and reduced side effects, enhancing patient outcomes and quality of life. These advancements drive market growth by meeting the unmet needs of individuals with OCD, fostering confidence among healthcare providers and patients in the effectiveness of pharmacotherapy, and expanding the overall market potential for OCD drugs.

  • Expansion of Healthcare Infrastructure Improves Accessibility

The expansion of healthcare infrastructure ensures that the individuals in diverse geographical regions can obtain necessary treatment. Improved healthcare facilities, including clinics, hospitals, and pharmacies, increase the availability and distribution of medications. This accessibility boost encourages more individuals to seek and adhere to OCD treatment, consequently driving market growth and addressing the unmet needs of patients suffering from the disorder.

Opportunities

  • Collaboration with Mental Health Professionals Enhances Outcomes

Joint efforts facilitate a comprehensive approach to treatment, incorporating medication alongside psychotherapy and counseling. This multidisciplinary approach improves treatment outcomes by addressing both biological and psychological aspects of OCD. By fostering partnerships with mental health experts, pharmaceutical companies can develop more effective treatment regimens, ultimately enhancing patient well-being and satisfaction, while expanding market potential.

  • Personalized Medicine Approaches Improve Treatment Efficacy

Tailoring medications based on individual patient characteristics, such as genetic makeup or treatment response, enhances efficacy and minimizes adverse effects. This approach opens avenues for precision therapies, optimizing patient outcomes and treatment adherence. By investing in research and development of personalized treatments, pharmaceutical companies can capitalize on the growing demand for targeted OCD therapies, driving market growth and differentiation.

Restraints/Challenges

  • Regulatory Hurdles Delay Drug Approval Processes

Lengthy approval processes prolong the time to market, delaying patient access to new treatments. Additionally, stringent regulatory requirements increase development costs and discourage investment in research and development. As a result, pharmaceutical companies may face challenges in bringing innovative therapies to market, limiting the expansion of treatment options and overall market growth potential.

  • Stigma Surrounding Mental Health Disorders Affects Acceptance

The stigma attached to mental health disorders, including OCD, creates a barrier to acceptance and treatment-seeking behaviors. This challenge impacts market growth by deterring individuals from acknowledging their condition and seeking appropriate medical care. Reduced acceptance results in lower demand for OCD drugs, limiting market expansion. Moreover, stigma may hinder public discourse and awareness initiatives, further perpetuating misconceptions and inhibiting efforts to address mental health needs effectively within the market.

This global obsessive-compulsive disorder (OCD) drugs market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global obsessive-compulsive disorder (OCD) drugs market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In June 2021, Teva launched generic SOOLANTRA Cream for rosacea, expanding its portfolio and global presence. This mirrors the diversification and expansion efforts observed in the OCD drugs market, where pharmaceutical companies aim to broaden treatment options and cater to diverse patient needs, impacting market competitiveness and innovation
  • In April 2021, Lundbeck and Otsuka continued phase III trials of brexpiprazole for Alzheimer's-related agitation, aiming to address medical needs. Successful trial completion may lead to a new product launch, impacting company revenue. This parallels the pursuit of innovative treatments in the OCD drugs market, influencing market dynamics and treatment option
  • In April 2021, Biohaven Pharmaceuticals initiated a phase 3 trial of troriluzole as adjunctive therapy for obsessive-compulsive disorder (OCD). This underscores ongoing efforts to develop innovative treatments for OCD, reflecting the dynamic landscape of the OCD drugs market driven by the pursuit of novel therapeutic options and improved patient outcomes
  • In August 2020, Sun Pharmaceutical Industries Limited launched FluGuard (Favipiravir 200 mg) at Rs. 35 per tablet for treating mild to moderate COVID-19 cases in India, supporting the pandemic response. This demonstrates the significance of affordable medication access, a factor relevant in the OCD drugs market, where accessibility affects treatment efficacy and market dynamics

Global Obsessive-Compulsive Disorder (OCD) Drugs Market Scope

The global obsessive-compulsive disorder (OCD) drugs market is segmented on the basis of severity, sub-type, drugs, route of administration, population type, end user, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Severity

  • Mild to Moderate
  • Moderate to Severe

Sub-Type

  • Contamination Obsessions With Washing/Cleaning Compulsion
  • Harm Obsessions With Checking Compulsions
  • Obsessions Without Visible Compulsions
  • Symmetry Obsessions With ordering
  • Arranging and Counting Compulsions
  • Hoarding
  • Others

Drugs

  • Antidepressants
  • Antipsychotics
  • NMDA Blocker
  • Others

Route of Administration

  • Oral
  • Parenteral

Population Type

  • Pediatrics
  • Adults

 End User

  • Hospitals
  • Specialty Clinics
  • Home Healthcare
  • Others

 Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others

Global Obsessive-Compulsive Disorder (OCD) Drugs Market Regional Analysis/Insights

The global obsessive-compulsive disorder (OCD) drugs market is analysed and market size insights and trends are provided by severity, sub-type, drugs, route of administration, population type, end user, and distribution channel as referenced above.

The countries covered in the global obsessive-compulsive disorder (OCD) drugs market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

In the Asia-Pacific market, China dominates the market, fueled by significant investment in innovative R&D for novel drug products. This leadership underscores China's pivotal role in driving growth and shaping regional pharmaceutical advancements.

In the Europe, the U.K. dominates the market due to advancements in anti-anxiety, antipsychotic, and antidepressant drugs. This leadership highlights the U.K.'s significant contributions to mental health treatment innovation and its impact on regional pharmaceutical trends.

North America is expected to dominate the market, attributed to expanding treatment options and enhanced healthcare infrastructure. This underscores North America's pivotal role in advancing healthcare accessibility and innovation.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The global obsessive-compulsive disorder (OCD) drugs market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for global obsessive-compulsive disorder (OCD) drugs market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the global obsessive-compulsive disorder (OCD) drugs market. The data is available for historic period 2016-2021.

Competitive Landscape and Global Obsessive-Compulsive Disorder (OCD) Drugs Market Share Analysis

The global obsessive-compulsive disorder (OCD) drugs market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to  global obsessive-compulsive disorder (OCD) drugs market

Some of the major players operating in the global obsessive-compulsive disorder (OCD) drugs market are:

  • Abbott (U.S.)
  • Lilly (U.S.)
  • Viatris  (U.S.)
  • H. LUNDBECK A/S (Denmark)
  • GSK plc (U.K.)
  • Pfizer Inc. (U.S.)
  • Mallinckrodt (U.K.)
  • Sebela Pharmaceuticals (U.S.)
  • Zydus Pharmaceuticals, Inc. (India)
  • Lupin Pharmaceuticals, Inc. (India)
  • Amneal Pharmaceuticals LLC. (U.S.)
  • Dr. Reddy’s Laboratories Ltd. (India)
  • Teva Pharmaceutical industries Ltd. (Israel)
  • Wockhardt (India)
  • Alvogen (Iceland)
  • Sun Pharmaceutical Industries Ltd. (India)
  • Aurobindo Pharma USA (U.S.)
  • Par Pharmaceutical, Inc. (U.S.)
  • Apotex Inc. (Canada)
  • Lannett (U.S.)


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