The global bipolar disorder market is growing at a significant CAGR of around 2.7% during the forecast period (2019-2025). The major factors that are primarily driving the growth of the market include the increased workplace stress, emerging awareness regarding the management of mental disorders, and growing insurance claims for mental health. According to the World Health Organization (WHO), almost 83 million people are affected annually by mental disorders among the adult population of Europe (aged 18-65), where female rates are higher than males. This involves the high demand for products which can bring down the level of stress and bipolar disorder among people. In addition, there are various organizations and educational institutions such as ALAS Pro Salud Mental and Stanford University that have taken immense steps to spread awareness programs. These programs are assisting individuals to notice behavior change and other stress-related symptoms in their daily lives on accounts of which the demand for bipolar disorder treatment is increasing.
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Additionally, there are bipolar disorder management apps available in the market, which include T2 mood tracker and eMoods. These apps are based on cognitive-behavioral therapy and are designed to address bipolar disorder at a gradual pace and offer ways for the appropriate management of stress. For instance, MoodTracker.com is a simple web app that enables to track key health measurements, such as water intake, anxiety levels, depression, and sleep, among others. It maintains track of medications, exercises, and supplements and allows tracking any change in the treatment with complete history. It supports depressed and bipolar users to manage their condition with careful journaling and tracking their moods.
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Global Bipolar Disorder Market Segmentation
By Type
Bipolar Disorder I
Bipolar Disorder II
Others (Cyclothymic Disorder)
By Treatment
Drugs & Medications
Anticonvulsants
Antidepressants
Antipsychotics
Others (Mood Stabilisers)
Therapy & Devices/Apps
By Mechanism of Action
Selective Serotonin Reuptake Inhibitors (SSRIs)
Serotonin-Norepinephrine Reuptake Inhibitors (SNRIs)
Benzodiazepines
Beta Blockers
Others (Tricyclic Antidepressants (TCAs))
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Abbott Laboratories
AbbVie Inc.
Alkermes PLC
Allergan PLC
AstraZeneca PLC
Brainsway Ltd.
Bristol-Myers Squibb Co.
Eli Lilly and Co.
GlaxoSmithKline PLC
H. Lundbeck A/S
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