Schizophrenia market to reach $17 billion in 7MM by 2031
The schizophrenia market across the seven major markets is poised to grow at a compound annual growth rate (CAGR) of 7.4% from $8.4 billion in 2021 to $17.0 billion in 2031, driven by the anticipated introduction of 11 late-stage pipeline products during the forecast period, according to pharma analytics company GlobalData.
GlobalData’s latest report, “Schizophrenia: Seven-Market Drug Forecast and Market Analysis – Update”, reveals that the late-stage pipeline products are expected to capture a significant portion of the schizophrenia market, accounting for 33.4% of global sales in 2031, despite the atypical antipsychotics retaining the largest portion of patient shares.
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