Amphetamine Drug Market size is projected to witness lucrative growth rate during the forecast period i.e., between 2024-2036.
The amphetamine drug market is thriving on the back of increased research and development activities with the simultaneous approval of drugs. Additionally, the surge in central nervous system disorders, sleeping disorders, and depression cases along with a shift in consumer awareness regarding mental health is also expected to play a crucial role in driving the market growth. The rising number of people suffering from various disorders has caught the attention of governments around the world, forcing them to support the ADHD drug market to address this condition. Government approvals and commercialization of drugs by market players are some of the major factors that are anticipated to drive the growth of the market during the forecast period.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
Regional Scope |
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The amphetamine drug market is segmented by application, by demography, by distribution channel, and by region. Based on the application, the amphetamine drug market is segmented into ADHD, narcolepsy, obesity, depression, and others. Out of these, the depression segment is anticipated to dominate the market owing to the increase in the prevalence of depression among adults and children around the world. On the basis of demographics, the amphetamine drug market has been bifurcated into children and adults. Among the demographic segment, the adult segment is anticipated to hold the largest share in the market which can be attributed to a large adult patient population.
Our in-depth analysis of the global market includes the following segments
By Application Type |
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By Demography Type |
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By Distribution Channel Type |
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On the basis of regional analysis, the global amphetamine drug market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
North America industry is predicted to dominate majority revenue share by 2036, due to presence of higher number of depression and ADHD patients. Additionally, collaborations among market key players to increase market penetration for product development and effortless commercialization of the product. Such factors are anticipated to boost the market growth of the region are estimated to bring in more revenues in the market. The second-largest market share is anticipated to be held by the market in Europe owing to the presence of massive pharmaceutical companies along with increasing awareness about mental health in the region. The market in Asia Pacific region is expected to expand at a higher rate during the forecast period owing to the upsurge in the demand for drugs for the treatment of various disorders problems such as ADHD.
April 30, 2020: A joint operation run by Saudi Customs and the General Directorate of Narcotics Control claimed to seize 44.7 million amphetamine pills smuggled in Mate packets (green tea packets popular in Syria) at Al-Batha Port and King Abdullah Port in Rabigh. The growing use of amphetamine drugs illegally is being strictly controlled globally.
Author Credits: Radhika Pawar
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