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Lithium Therapy Market

The study segments Lithium Therapy industry in light of major classification such as product type, potential markets, application, and end-user.

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Lithium Therapy Market

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  1. Lithium Therapy Market To Reach USD 128.6 Million By 2027 www.reportsanddata.com sales@reportsanddata.com

  2. Market Summary The growing prevalence of bipolar disorder is a significant factor influencing market demand. 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.

  3. Our Approach Market Summary 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. 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. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2586

  4. Our Approach Market Summary Key participants include Pfizer, Alkem, Sun Pharma, Apotek Corp., Glenmark Generics, Intas, Taurus Labs, GlaxoSmithKline, Noven Pharmaceuticals, and Cardinal Health, among others. 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

  5. Our Approach Market Summary 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 Europe Asia Pacific Latin America MEA View press release for more information @https://www.globenewswire.com/news-release/2020/03/09/1997330/0/en/Lithium-Therapy-Market-To-Reach-USD-128-6-Million-By-2027-Reports-and-Data.html

  6. Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com About Us Our Approach About Us

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