Attention Deficit Hyperactivity Disorder Drugs Market to Record 6.44% Y-O-Y Growth Rate in 2021 |Johnson and Johnson Inc. offers ADHD Drugs namely Concerta Tablets| Technavio

NEW YORK, Jan. 20, 2022 /PRNewswire/ -- Attention Deficit Hyperactivity Disorder Drugs Market Facts at a Glance-

• Total Pages: 120
• Companies: 10+ – Including Aurobindo Pharma Ltd., Aytu BioPharma Inc., Eli Lilly and Co., Glenmark Pharmaceuticals Ltd., Johnson and Johnson Inc., Novartis AG, Purdue Pharma LP, SHIONOGI Co. Ltd., Takeda Pharmaceutical Co. Ltd., and Tris Pharma among others.
• Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
• Segments: Product (stimulants and non-stimulants)
• Geographies: North America, Europe, Asia, and ROW

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According to the recent market study by Technavio, the Attention Deficit Hyperactivity Disorder Drugs Market is expected to increase by USD 9.61 billion from 2020 to 2025, with an accelerated CAGR of 9.06%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets. North America will register the highest growth rate of 40% among the other regions.

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Vendor Insights-

The Attention Deficit Hyperactivity Disorder Drugs Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.

• Aurobindo Pharma Ltd., - The company offers Attention-deficit Hyperactivity Disorder (ADHD) drugs namely Atomoxetine capsules.
• Aytu BioPharma Inc.  - The company offers Attention-deficit Hyperactivity Disorder (ADHD) drugs such as Adzenys ER, Adzenys XR-ODT, and Cotempla XR-ODT.
• Johnson and Johnson Inc - The company offers Attention-deficit Hyperactivity Disorder (ADHD) drugs namely Concerta tablets.

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Regional Market Outlook

The Attention Deficit Hyperactivity Disorder Drugs Market share growth in North America will be significant during the forecast period. The US and Canada are the key markets for attention deficit hyperactivity disorder drugs in North America. However, the market growth rate in this region will be slower than the growth of the market in Asia and Europe. The rise in the attentiveness of parents toward children with ADHD, approval & commercialization of drugs, and increase in the number of clinical trials will facilitate the attention deficit hyperactivity disorder drugs market growth in North America over the forecast period.

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Latest Drivers & Challenges of the Market-

• Attention Deficit Hyperactivity Disorder Drugs Market Driver:
•  Rising government support:

The global ADHD drugs market is currently witnessing an increase in the number of government initiatives to promote awareness of the disease and to fund drug development in the area of mental health therapeutics. For instance, the US Department of Health and Human Services (HHS) donated $3,454 million to the Substance Abuse and Mental Health Services Administration (SAMHSA) to address the needs of people with mental illnesses. Similarly, the National Health Service (NHS) England has set up a plan to help people with mental illness. The NHS England spent approximately $16 billion on mental health in 2018-2020. Additionally, the CDC funds the National Resource Center (NRC) on ADHD, a program designed to help children and adults with ADHD. The NRC program provides information, resources, and advice to parents on how to help their children with ADHD. Thus, the rising government support to help people with ADHD is expected to drive the growth of the market during the forecast period. 

• Attention Deficit Hyperactivity Disorder Drugs Market Challenges:
• Lack of proper diagnostic criteria for ADHD in adults:

Physicians currently face a daunting challenge in terms of the diagnosis of ADHD in adults. The current diagnostic criteria for ADHD include the presence of 18 symptoms, which are broadly categorized under three main symptoms, namely, inattention, impulsivity, and hyperactivity. Clinical studies have revealed that these symptoms play a steering role in defining ADHD in both children and adults of any age. However, to validate these symptoms in adults, physicians need to perform a longitudinal study of their childhood, family history, treatment response, and neuropsychological analysis. The use of screening tools and informed applications such as DSM-IV, brochures, and the cultivation of consultation and referral services can help physicians significantly augment the diagnosis and treatment of adults with ADHD. However, until a proper guideline is laid for the diagnosis of ADHD in adults, the consumption of ADHD drugs will be limited, which will hinder the growth of the market, both in terms of volume and value, during the forecast period.

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Attention Deficit Hyperactivity Disorder Drugs Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist attention deficit hyperactivity disorder drugs market growth during the next five years
• Estimation of the attention deficit hyperactivity disorder drugs market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the attention deficit hyperactivity disorder drugs market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of attention deficit hyperactivity disorder drugs market vendors

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