Global psychotherapeutics market to reach $50B by 2010
Based on the steadily increasing success of current drugs on the market as well as the potential success of numerous drugs currently in late-stage development or awaiting regulatory approval, turnover of psychotherapeutics treating everything from schizophrenia and depression to attention-deficit hyperactivity disorder and anxiety are expected to reach nearly $50.0 billion by 2010, according to a new report from life science research firm Kalorama Information.
The World Market for Psychotherapeutic Drugs shows 2005 revenues checking in at $35.7 billion, up 3.9% on 2004. The report anticipates new products bringing in an additional $6.3 billion by 2010 increasing the competitive outlook in many segments.
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