“In December 2016, the 21st Century Cures Act was signed into law. The Cures Act addresses many critical issues including leadership and accountability for behavioral health disorders at the federal level, the importance of evidence-based programs and prevention of mental and substance use disorders, and the imperative to coordinate efforts across government.” and “The Mental Health Parity and Addiction Equity Act of 2008 requires insurance groups offering coverage for mental health or substance use disorders to make these benefits comparable to general medical coverage. Deductibles, copays, out-of-pocket maximums, treatment limitations, etc., for mental health or substance use disorders, must be no more restrictive than the same requirements or benefits offered for other medical care.”

The article cited AMA's "Global Mental Illness Drugs Market Study" explored substantial growth of %. The increase in the number of patients taking treatment is also expected to contribute significantly to the Mental Illness Drugs market. Overall, Hospital applications of Mental Illness Drugs, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Online, is boosting the Mental Illness Drugs market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Type Disorders, such as Anxiety disorders, is boosting the Mental Illness Drugs market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Dosage, such as Oral, is boosting the Mental Illness Drugs market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Mental Illness Drugs market identified that the demand is rising in many different parts of the world as "The Growing burden of the disease and the increasing need to manage it effectively is driving the growth of the market studied.".

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Mental Illness Drugs market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mental Illness Drugs market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Mental Illness Drugs Market Study

Data Triangulation
The overall Mental Illness Drugs market size is calculated using market estimation process, the Mental Illness Drugs market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mental Illness Drugs market size has been validated using both top-down and bottom-up approaches.