Digital Camera Market Is Projected To Grow Rapidly Due To Widespread Adoption Of Internet Services Till 2020: Grand View Research, Inc.

The global digital cameras market is expected to reach USD 19.77 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for interchangeable lens cameras with higher selling prices is expected to fuel industry growth over the forecast period. These include digital single lens reflex cameras (DSLR) as well as non-reflex cameras, also referred to as mirrorless cameras. Increasing replacement demand coupled with technological enhancements such as Wi-Fi-enabled cameras is expected to favorably impact the market.

The trend of sharing images over the internet and availability of image processing tools has given impetus to the market. Widespread adoption of internet services and surge in social networking activities is expected to further bolster industry outlook. However, proliferation of smartphones globally is a major concern for industry participants, on account of the ready availability and convenience offered by smartphone cameras. The value chain consists of manufacturers of digital cameras and associated parts, as well as retailers or distributors.

Global Digital Camera Unit Shipments, by Product Segment, 2012

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Browse full research report on Digital Camera Market: https://www.grandviewresearch.com/industry-analysis/digital-camera-industry                               

Further key findings from the report suggest:

  • Global digital camera unit shipments were estimated to be 98.6 million units in 2012, and is expected to reach 171.7 million units by 2020
  • Built-in lens cameras accounted for over 78% of the overall shipments in 2012. Interchangeable lens cameras contributed to over 50% of the market revenue in 2012, which can primarily be attributed to high selling prices of these products. Digital Single Lens Reflex (DSLR) cameras occupied over 80% of the market in 2012; however, they are expected to lose market share with an estimated CAGR of 3.8% from 2013 to 2020.
  • Asia Pacific is expected to be the largest and fastest growing regional segment, and is estimated to grow at a CAGR of 8.1% over the forecast period to account for approximately 36% of the global market by 2020. This can primarily be attributed to rising purchasing power and relatively lower product penetration. Compact cameras with built-in lenses accounted for over 75% of regional shipments. Mirrorless cameras are also compact in nature as compared to DSLRs, and have been witnessing growth in countries such as Japan and China.
  • The market is dominated by Japanese participants; Canon Inc. and Nikon Corporation account for majority of the overall market share. Key players also include Sony Corporation, Samsung Electronics Corporation, Fujifilm Holdings, Olympus Corporation and Ricoh Imaging Company among others. Manufacturers have been focusing on the high-end product segment in order to stay competitive in an ecosystem characterized by changing user trends.

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/digital-media                              

Grand View Research has segmented the global digital camera market on the basis of product segments and region:

Digital Camera Product Segment Outlook

  • Built-in Lens Camera
  • Interchangeable Lens Camera
  • Digital Single Lens Reflex (DSLR)
  • Non-Reflex

Digital Camera Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Russia
  • Asia Pacific
    • India
    • China
    • Japan
  • Rest of the World

 

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-digital-camera-market                                                    

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

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ATM Market Is Projected To Grow Rapidly Due To Growing Trend Of Automation Till 2022: Grand View Research, Inc.

The global ATM market is expected to reach USD 24.92 billion by 2022, according to a new study by Grand View Research, Inc. Rising demand for automated wireless communication devices along with growing security standards are estimated to drive the industry.

Enhanced security standards for safer online, and physical financial transactions has led to a significant rise in use of these services. Further, continuation of strict security standards and safer modes of financial transactions are expected to have a substantial impact on the industry growth.

Automation of the basic financial transactions and technological advancements increasing at alarming rate would increase mobile transcations among the customers. Linkage of ATMs with wiireless devices would facilitate the customers to complete the transcations securely.

Rising competition amongst the banks to increase the penetration, would lead to its huge installation base, thus offering lucrative growth opportunities for the industry. In order to reduce the frauds, manufacturers and financial institutions are opting for anti-skimming, biometric devices, and voice recognition systems.

Europe ATM market by solution, 2012 – 2022 (USD Million)

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Browse full research report on ATM Market: https://www.grandviewresearch.com/industry-analysis/atm-market                                    

Further key findings from the report suggest:

  • ATM deployment solutions industry accounted for over 70% of the overall revenue in 2014. They comprise installed machines at varied locations such as worksite, onsite, offsite and mobile segment. The deployment revenue comprises of installed machines and services as well as its maintenance. Rise in installation base and increasing maintenance activities are estimated to drive segment growth.
  • ATM managed services market is estimated to exhibit considerable growth, growing at a CAGR of over 11.0% from 2015 to 2022. It contributes significantly towards strengthening the infrastructure for multichannel delivery for better customer retention, acquisition and cross selling opportunities.
  • North America ATM market dominated in terms of revenue in 2014, and is expected to significantly lose share by 2022. Adoption of smart machines across countries such as U.S. is estimated to impel growth across this region. Increasing trend of trading in digital currency is driving demand for Bitcoin ATMs across the region.
  • Asia Pacific ATM industry is expected to grow at a substantial growth rate of over 12% from 2015 to 2022. Rising demand for self-service machines and ever increasing customer base across regions such as China and India are estimated to drive the regional demand over the next seven years. Additionally, increasing trend of outsourcing its related activities by financial institutions is projected to positively impact growth across this region.
  • ATM market share is occupied by companies such as NCR Corporation, Diebold Inc, Wincor Nixdorf, Euronet Worldwide and Nautilus Hyosung. Product innovations and strategic partnerships with the manufacturers are some of the notable strategies adopted by the vendors. For instance, In October 2014, Diebold launched a new 5500 series of with advanced security features such as biometric finger-vein readers and security camera provisioning.

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/digital-media                                   

Grand View Research has segmented the ATM market on the basis of solution and region:

ATM Solution Outlook (Revenue, USD Million, 2012 – 2022)

  • Managed Services
  • Deployment
    • Onsite
    • Offsite
    • Worksite
    • Mobile

ATM Regional Outlook (Revenue, USD Million, 2012 – 2022)

  • North America
  • Europe
  • Asia Pacific
  • RoW

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-atm-market                                                       

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Chemical Tanker Shipping Market To Experience Lucrative Growth Due To Refinery Expansions In The Middle East Till 2025: Grand View Research, Inc.

The global chemical tanker shipping market is anticipated to reach USD 2.50 trillion by 2025, according to a new report by Grand View Research, Inc. The growing chemical trade on account of increasing manufacturing activities across the world is projected to augment market demand. The disparity in regional production and demand trends has triggered the global trade for chemicals and derivatives.

Organic chemicals such as acetic acid, alcohols, propene, benzene, salt, benzyl acetate, methanol, formic acid, and phenol are some of the vital substances shipped through chemical tankers across the world. The U.S., China, Germany, and Russia are some of the major exporters of chemicals and are expected to foster the global chemical trade over the coming years.

The U.S. will probably grow at a high rate on account of increasing number of fleet owners, shipbuilders & charterers, availability of raw material, and capital inflow from multinational companies. The expanding market of Asia Pacific is one the most significant areas for growth due to the presence of a large number of small manufacturers in the region.

Browse full research report on Chemical Tanker Shipping Market: https://www.grandviewresearch.com/industry-analysis/chemical-tanker-shipping-market                                   

Further key findings from the report suggest:

  • The global chemical tanker shipping market was valued at USD 2.07 trillion in 2016 and is estimated to grow at a growth rate of 2.1% from 2017 to 2025 to reach a market valuation of USD 2.50 trillion
  • Chemical tanker shipping market is concentrated on account of presence of considerable number of fleet operators
  • Competitive freight rates on account of easy availability of containers through freight forwarders and clearing agents places higher power in the hands of buyers
  • Deep sea chemical tanker shipments accounted for the most significant share in 2016 and is projected to grow at the highest CAGR over the coming years on account of extensive international trade
  • IMO III cargo type accounted for the largest volume share in 2016 due to high shipment of vegetable oils & fats and other non-volatile chemicals across regions
  • Asia Pacific accounted for the most significant volume share due to presence of major manufacturing counties such as China and India which have a strong foothold in the chemical industry
  • Chemical tanker shipping companies are expanding their fleets to cater to the growing chemical trade business globally. New entrants in the market are expected to result in excess supply of tankers in the industry, thereby reducing charter rates.
  • Some of the significant chemical tanker charters include Navig8 Group, Odfjell SE, Stolt Nielsen, MSC, Stena Bulk, and Maersk Tankers

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/organic-chemicals-and-compounds                                  

Grand View Research has segmented the global chemical tanker shipping market on the basis of product, shipment route, cargo type, and region:

Product Outlook (Volume, Kiloton; Revenue, USD Million, 2014 – 2025)

  • Organic chemicals
  • Inorganic chemicals
  • Vegetable oils & fats
  • Others

Shipment Route Outlook (Volume, Kiloton; Revenue, USD Million, 2014 – 2025)

  • Inland
  • Coastal
  • Deep sea

Cargo Type Outlook (Volume, Kiloton; Revenue, USD Million, 2014 – 2025)

  • IMO I
  • IMO II
  • IMO III

Regional Outlook (Volume, Kiloton; Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
  • Middle East & Africa

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-chemical-tanker-shipping-market                                                       

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Virtual Reality in Healthcare Market Is Predicted To Grow Swiftly Due To The Growing Integration Of Technology & Digitalization In Healthcare Till 2025: Grand View Research, Inc.

 

The global augmented reality & virtual reality in healthcare market is expected to reach USD 5.1 billion by 2025 according to a new report by Grand View Research, Inc. The growing adoption of Augmented Reality (AR) & Virtual Reality (VR) in medical field, increasing investments in such emerging technologies, and constant developments in healthcare IT are some of the key factors responsible for growth of this market.

The market is majorly driven by applications in surgical simulations, diagnostic imaging, patient care management, rehabilitation, and health management. The application of AR & VR in training medical professionals provides them enhanced understanding of anatomy & physiology and assists in complicated surgeries that require precision, thus, resulting in reduced complications and lesser trauma. VR helps patients get over their worst fears and phobias through the exposure therapy. These technologies are also gaining significance in fitness management due to the development of various health apps that help train doctors as well as patients.

The use of these advanced technologies in live streaming of surgeries for medical education coupled with patient monitoring & pain management serves as a market opportunity and is predicted to drive the segment substantially. These new disruptive technologies have revolutionized medical field and provide an innovative approach for transforming healthcare experience. The increasing focus on streamlining medical operations along with demand for better delivery of care services are driving the growing adoption of these technologies.

Increase in number of startups has led to higher demand for investments to fund development of AR & VR technologies. The market is witnessing an increase in private investments by various investors, which is expected to boost growth further. For instance, Swiss-based startup MindMaze is a well-funded company that has raised USD 100 million from Hinduja Group for development of VR hardware & software. In addition, increased government funding and supportive initiatives are expected to drive growth.

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Browse full research report on Virtual Reality in Healthcare Market: https://www.grandviewresearch.com/industry-analysis/virtual-reality-vr-in-healthcare-market                                 

Further key findings from the report suggest:

  • The hardware segment held the majority of the revenue share in 2016 due to rise in adoption of wearable devices in healthcare
  • AR dominated the technology segment in 2016 owing to its increasing adoption in surgeries and medical training
  • North America dominated the global market for AR and VR due to greater adoption of advanced technology and sophisticated infrastructure
  • Asia Pacific AR and VR market is expected to witness a lucrative growth of 33% over the forecast period
  • Some of the key players include CAE HEALTHCARE; GE Healthcare; Intuitive Surgical; Hologic, Inc.; Virtual Realities, LLC; and Philips Healthcare

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/healthcare-it                                

Grand View Research has segmented the augmented reality & virtual reality in healthcare market on the basis of component, technology and region:

Component Outlook (Revenue, USD Million, 2014 – 2025)

  • Hardware
  • Software
  • Service

Technology Outlook (Revenue, USD Million, 2014 – 2025)

  • Augmented Reality
    • Surgical Application
    • Rehabilitation
    • Training & Medical Education
  • Virtual Reality
    • Simulation
    • Diagnostics
    • Virtual Reality Exposure Therapy
    • Rehabilitation
    • Pain Distraction

Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-augmented-reality-ar-virtual-reality-vr-in-healthcare-market                                                      

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

 

Concentrated Solar Power Market Size Is Estimated To Reach $8.92 Billion By 2025: Grand View Research, Inc.

 

The global concentrated solar power market is predicted to reach USD 8.92 billion by 2025, according to a new report by Grand View Research, Inc. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth.

Increasing clean energy adoption over non-renewable fuels is expected to drive the global concentrated solar power over the forecast timeframe. Favourable government regulations towards reduction of carbon footprint and greenhouse gas (GHG) emissions will further enhance the business growth.

Growing electricity demand along with rising investments to augment the efficiency index will provide an impetus to the concentrated solar power market growth. The Federal Government sponsored USD 9 million towards the research and development of six new CSP projects in the country, to reduce the total project costs though technological growth.

Substantial reduction in the component costs along with supportive government incentives like energy certificates, and carbon credits will expand the concentrated solar power market over the forecast period. Regulators around the world have been encouraging grid integration, making it an affordable alternative compared to non-renewable energy sources.

Concentrating Solar Power technology can store solar energy in the form of heat, even post sunset, which is perceived as the greatest advantage that it offers over all the other competing technologies. Reliable power supply coupled with flexibility in usage assist in bridging the demand supply deficit, currently faced by nations especially in the developing world. However, CSP technology is capital intensive as compared to other solar thermal technologies, as this may prove to be a restraint for the its adoption over the forecast period.

In terms of technology, the parabolic trough technology held over 75% of the global concentrated solar power market share in 2016. Matured technology coupled with affordable costs as compared to other forms of available systems will positively influence the growth of the concentrating solar power market over the forecast period. Power tower technology was valued over USD 955.5 million by 2025. Enhanced heat storage ability, higher efficiency, and favourable capacity factor will augment the business growth.

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Browse full research report on Concentrated Solar Power Market: https://www.grandviewresearch.com/industry-analysis/concentrated-solar-power-csp-market                                 

Further key findings from the report suggest:

  • The U.S. concentrated solar power market, in terms of value, will witness growth of over 18.9% over the forecast period. Favourable government initiatives like tax credits, installation cost subsidies among other benefits will augment the business growth.
  • In Morocco, climatic conditions are favourable to the growth of CSP technology adoption, in tandem with the existing pipeline projects. Morocco concentrating solar power market is expected to exceed USD 852.2 million over the forecast period.
  • Spain concentrated solar power market size is set to exceed USD 1.22 billion by 2025. Spain is the market leader with the maximum installed capacity in the world as of year 2017.

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/renewable-energy                               

Grand View Research has segmented the global CSP market on the basis of product and region:

Technology Outlook (Volume, Megawatts, 2014 – 2025) (Revenue, USD Million, 2014 – 2025)

  • Parabolic Trough
  • Linear Fresnel
  • Dish
  • Power Tower

Application Type Outlook (Volume, Megawatts, 2014 – 2025) (Revenue, USD Million, 2014 – 2025)

  • Utilities
  • Enhanced Oil Recovery
  • Desalination
  • Others

Regional Outlook (Volume, Megawatts, 2014 – 2025) (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
  • Europe
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Morocco
    • Algeria
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-concentrated-solar-power-csp-market                                                      

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

 

Chatbot Market Is Projected To Grow Rapidly Due To Enhanced Increasing Application In E-Commerce & BFSI Industries Till 2025: Grand View Research, Inc.

 

The global chatbot market is expected to reach USD 1.25 billion by 2025, growing at a CAGR of 24.3%, according to a new report by Grand View Research, Inc. The chatbot industry is expected to witness significant growth over the forecast period as they enable enterprises to substantially reduce operating costs. Additionally, innovations in artificial intelligence and machine learning technologies are likely to enhance the features of chatbots, which acts as a major driver for the market.

A significant rise has been observed in the number of users of messaging services, which is expected to surpass the number of users of social networking sites. Additionally, there has been a significant development in the NLP field, which has resulted in streamlined interactions between computers and human languages. The entire chatbot ecosystem comprises various cross-linking features, which facilitates enhanced performance of chatbots in all application. Most companies prefer in-built chatbots on their websites as they facilitate enterprises in providing instant customer interaction. For instance, Slack and Twitter messaging platforms are preferred by majority businesses.

North America is expected to emerge as the major region for the chatbot market over the forecast period. The growth in this region is mainly attributed to the increasing deployment of chatbots in various business verticals. Technologies such as artificial intelligence, IoT, and APIs, among others, are evolving at a rapid speed. Chatbots are integrated with these technologies to offer enhanced operations, thereby driving market demand. Artificial intelligence and audio speech-based chatbots are expected to account for the largest market share in future. Additionally, speech recognition has improved drastically, especially in terms of native languages, which is expected to result in enhanced performance of chatbots in various applications.

U.S. Chatbot Market by Vertical, 2014–2025 (USD Million)

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Browse full research report on Chatbot Market: https://www.grandviewresearch.com/industry-analysis/chatbot-market

Further key findings from the report suggest:

  • Chatbots find various applications in e-commerce, healthcare, and BFSI sectors. Large enterprise emerged as the largest end-user segment in 2016 and is estimated to register a CAGR of 24.2% over the forecast period.
  • The bots for marketing segment is expected to witness the largest growth over the forecast period as these chatbots can connect the customers directly to service providers.
  • The standalone segment is estimated to grow at a CAGR of 24.8% over the forecast period.
  • The Asia Pacific market is projected to witness substantial growth over the next decade owing to various technological developments across major economies. The regional market is expected to grow at a CAGR of 24.7 % from 2017 to 2025.
  • Key participants in the chatbot industry include Baidu, Poncho, Kik, WeChat, Varo Money Inc., Babylon Health, ReplyYes, and SRI International. Chatbots have found wide applications in large enterprises as they enable better understanding of consumer behavior with the help of machine learning.

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the chatbot market based on end users, applications/business models, types, product landscape, verticals, and regions:

End User Outlook (Revenue, USD Million; 2014–2025)

  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

Application/Business Model Outlook (Revenue, USD Million; 2014–2025)

  • Bots for Service
  • Bots for Social Media
  • Bots for Payments/Order Processing
  • Bots for Marketing
  • Others

Type Outlook (Revenue, USD Million; 2014–2025)

  • Standalone
  • Web-based
  • Messenger-based/Third Party

Product Landscape Outlook (Revenue, USD Million; 2014–2025)

  • Artificial Intelligence
  • Marketing
  • Human Intelligence

Vertical Outlook (Revenue, USD Million; 2014–2025)

  • Healthcare
  • Retail
  • Banking, Financial Services, and Insurance (BFSI)
  • Media & Entertainment
  • Travel & Tourism
  • E-commerce
  • Others

Regional Outlook (Revenue, USD Million; 2014–2025)

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • South America
  • Brazil
  • Rest of South America
  • MEA

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-chatbot-market

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

 

Bipolar Disorder Market Is Predicted To Grow Swiftly Due To The Rising Prevalence Of Bipolar Disorders Till 2025: Grand View Research, Inc.

 

The global bipolar disorder market is anticipated to reach USD 4.9 billion by 2025, growing at a CAGR of 2.10%, according to a new report by Grand View Research, Inc. Government support for generating awareness about the bipolar disorder and technological advancements that facilitate accurate detection of a patient’s mood and mental state are a few of the factors driving the growth of this market.

The rising prevalence of bipolar disorders is likely to propel market growth in the forecast period. Government initiatives also drive the market growth. For instance, International Bipolar Foundation’s Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) are programs offered by the Social Security Administration (U.S.) for the benefit of the people affected by bipolar disorder.

Besides, technological advancements in smartphones, smartwatches, and wearable devices improve diagnosis rates by capturing physiological, behavioral, and environmental data effectively to detect the patient’s mood and mental state. Online self-management tools also result in timely intervention, thereby improving diagnosis rates and treatment rates for the disorder. However, the patent expiry of blockbuster drugs in this market is likely to impact market dynamics in the forecast period. Additionally, the drugs in the bipolar disorder market are bound to face intense competition from generic drugs, as treatment options for bipolar disorder. Other factors likely to restrain market growth in the forecast period include side effects associated with bipolar drugs, and misdiagnosis of bipolar disorder.

U.S. bipolar disorder market, by drug class, 2014 – 2025 (USD Billion)

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Browse full research report on Bipolar Disorder Market: https://www.grandviewresearch.com/industry-analysis/bipolar-disorder-market                               

Further key findings from the report suggest:

  • The antipsychotic segment is expected to dominate the market owing to increasing prevalence of psychosis, and physical illness resulting in depression.
  • The serotonin norepinephrine reuptake inhibitor segment is anticipated to dominate the market in the forecast period. The growth of this segment is due to these drugs being primarily used to treat major depression and bipolar disorder, and having better safety profile and tolerability.
  • North America is expected to dominate global bipolar disorder market. This can be attributed to the high stress levels, insufficient sleep, and trend of substance abuse amongst the population.
  • Some of the major players in this space include GlaxoSmithKline (GSK), Pfizer Inc., Janssen Pharmaceuticals, Eli Lilly, Allergan Plc., Novartis AG, AbbVie Inc., Otsuka Holdings Co. Ltd, and AstraZeneca.

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/pharmaceuticals                             

Grand View Research has segmented the global bipolar disorder market on the basis of drug class, mechanism of action, and region:

Drug Class Outlook (Revenue, USD Million, 2014 – 2025)

  • Mood stabilizer
  • Anticonvulsant
  • Antipsychotic drugs
  • Antidepressant drugs
  • Antianxiety drugs

Mechanism of Action Outlook (Revenue, USD Million, 2014 – 2025)

  • Selective serotonin reuptake inhibitor
  • Serotonin norepinephrine reuptake inhibitor
  • Tricyclic antidepressants
  • Monoamine oxidase inhibitors
  • Benzodiazepines
  • Beta blockers
  • Others

Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa (MEA)
    • South Africa

 

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-bipolar-disorder-market                                                    

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com