Nervous System Active Pharmaceutical Ingredients Market - Growth Drivers and Challenges
Growth Drivers
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Growing Popularity of Personalized Medicines- The healthcare system is paying more attention to precision medicine since it enables more individualized treatments. Nervous system active pharmaceutical ingredients are utilized in personalized medicine approaches, which is estimated to drive market growth.
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Rising Focus on Mental Health- The pandemic also contributed to a greater focus on mental health, which has resulted in a rise in demand for mental health treatments including nervous system active pharmaceutical ingredients.
Challenges
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Availability of Counterfeit Drugs– The availability of substandard counterfeit medicines is expected to hinder market growth during the forecast period. For instance, counterfeit drugs are available everywhere around the world and customers find them cost-effective and convenient.
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Shortage of the Required Ingredients
- Lack of Awareness of Medication
Nervous System Active Pharmaceutical Ingredients Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Year |
2026-2035 |
|
CAGR |
4.8% |
|
Base Year Market Size (2025) |
USD 236.63 billion |
|
Forecast Year Market Size (2035) |
USD 378.17 billion |
|
Regional Scope |
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