What is Tardive Dyskinesia Market?
Tardive dyskinesia is a condition affecting the nervous system often long term use of some psychiatric drugs. It may appear as repetitive, jerking movements that occur in the face, neck and tongue. It can be very troubling for the patient. The long term use of medications called antipsychotics and some medications used for nausea can cause tardive dyskinesia. The one patient out of four who receive long term treatment with an antipsychotic will experience tardive dyskinesia. Elder people, females, diabetics and other mental illness are certain factors which increase the risk of tardive dyskinesia. There are many treatments available for tardive dyskinesia, but a response to the treatment depends on the patient.
The market study is being classified, by Application (Hospitals, Ambulatory Surgical Centers and Diagnostic Centers) and major geographies with country level break-up.
Teva Pharmaceutical Industries (Israel), Biogen (United States), Johnson and Johnson (United States), GlaxoSmithKline (United Kingdom), Neurocrine Biosciences (United States), Pfizer (United States), Novartis (Switzerland), Sanofi (France), AstraZeneca (United Kingdom) and Bayer AG (Germany) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Tardive Dyskinesia market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Tardive Dyskinesia market by Type, Application and Region.
On the basis of geography, the market of Tardive Dyskinesia has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Number of Psychiatric Patients
- Rising Number of Hospitals and Clinics
Market Trend
- Increasing Research and Development Activities
Restraints
- Expensive Treatment Options Available In the Market
Opportunities
- Rising Use of Antipsychotic Drugs
- Growing Geriatric Population Worldwide
Challenges
- Lack of Awareness among People
Recently, the United States Food and Drug Administration approved Ingrezza (Valbenazine) capsules to treat adults with tardive dyskinesia. This was the first drug approved by the FDA for this condition.
Key Target Audience
Tardive Dyskinesia Treatment Providers, Emerging Companies, Research Institutes, Government Body & Associations and End-user