Market Analysis- Mental Health Congress 2023

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The global market for antipsychotic drugs was worth $12,417.60 million in 2020 and that value is worth to be $26,041.00 million in 2030 at a CAGR of 8.0% from 2021 to 2030. The global Behavioral health software market is projected to reach $4.9 billion by 2026, at a CAGR of 19.6% during the forecast period.

Market Growth of psychiatry research in the upcoming years:

Rise in stress condition, emotional and psychological pressure increases the demand for psychiatric therapies and antipsychotic drugs. According to WHO, 350 million population is suffering from psychiatric disorders and depression. Also around 24 million of the population is diagnosed with Schizophrenia. Thus skyrocketing the demand and market growth. Following table shows the antipsychotic drug count prescribed by psychologists.