Japan Lurasidone Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.6 Billion by 2030, growing at a CAGR of 5% from 2024 to 2030.
The Japan Lurasidone market is segmented by application, reflecting the diverse therapeutic uses of this antipsychotic medication. Lurasidone, primarily used in the treatment of schizophrenia and bipolar disorder, is applied across various patient demographics and treatment settings. The drug's versatility in managing different psychiatric conditions contributes significantly to its market segmentation. In schizophrenia treatment, Lurasidone is valued for its efficacy in reducing symptoms like hallucinations, delusions, and disorganized thinking, thus improving patients' quality of life. This application constitutes a major segment of the market, driven by increasing awareness and diagnosis of schizophrenia in Japan.
Bipolar disorder is another key application area for Lurasidone. This mood disorder, characterized by extreme mood swings, including depressive and manic episodes, is managed effectively with Lurasidone due to its mood-stabilizing properties. The medication helps in reducing the frequency and severity of these episodes, thereby stabilizing the mood and enhancing patients' overall well-being. The growing prevalence of bipolar disorder in Japan and the drug's efficacy in managing this condition fuel its demand within this application segment.
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Angelini Holding S.p.A.
Sumitomo Dainippon Pharma Co.
Ltd.
RemedyRepack，Inc.
Bushu Pharmaceutical
LTD.
Zhejiang Hisun Pharmaceutical Co.
Ltd.
Healthcare Pharmaceuticals Limited
Square Pharmaceuticals Ltd.
Incepta Pharmaceuticals Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Lurasidone Market
Hospital
Psychological Clinic
Others
Based on Types the Market is categorized into Below types that held the largest Lurasidone market share In 2023.
20mg/tablet
40mg/tablet
60mg/tablet
80mg/tablet
120mg/tablet
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan Lurasidone Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Lurasidone Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Lurasidone Market, By Type
6. Japan Lurasidone Market, By Application
7. Japan Lurasidone Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Lurasidone Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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