Number of pages: 100 | Report Format: PDF | Published date: March 21, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
Report Attribute |
Details |
Market Size Value in 2022 |
US$ 13.6 billion |
Revenue Forecast in 2031 |
US$ 20.1 billion |
CAGR |
4.4% |
Base Year for Estimation |
2022 |
Forecast Period |
2023-2031 |
Historical Year |
2021 |
Segments Covered |
Drug Class, Distribution Channel, and Region |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global attention deficit hyperactivity disorder market was valued at US$ 13.6 billion in 2022 and is expected to register a revenue CAGR of 4.4% to reach US$ 20.1 billion by 2031.
Attention Deficit Hyperactivity Disorder Market Fundamentals
One of the most prevalent mental illnesses affecting adults and children is attention deficit hyperactivity disorder (ADHD). Inattentiveness, hyperactivity, excessive movement that is inappropriate for the situation, and impulsivity (hasty acts that occur at the moment without thought) are signs of ADHD. The effects of ADHD are known to affect a person in many aspects of their life, including academic and professional success, interpersonal connections, and daily functioning. ADHD is regarded as a chronic and disabling illness. When left untreated, ADHD in kids can result in low self-esteem and poor social skills. Adults with this disease may have low self-esteem, sensitivity to criticism, and increased self-criticism, potentially resulting from receiving more complaints.
About 2.5% of adults and 8.4% of children are thought to have ADHD. In school-aged children, it is frequently initially noticed when it causes disruptions in the classroom or issues with homework. Most of the time, counseling and medication are used to treat ADHD. The suggested first-line approach for preschoolers and younger kids comprises behavioral techniques in parent management training and school intervention. An evidence-based treatment approach for young children with ADHD and oppositional defiant disorder is parent-child interaction therapy. Amphetamines and methylphenidate are the first-line pharmacological therapy for the management of ADHD, according to current recommendations. Amphetamines are the only FDA-approved treatment for ADHD in preschool-aged kids. At the same time, guidelines suggest that methylphenidate may be more effective if behavioral therapies fail to control symptoms. The other FDA-approved medications for treating ADHD are the alpha agonists (clonidine and guanfacine) and the selective norepinephrine reuptake inhibitor, atomoxetine. There are more recent drugs that the FDA has approved for the treatment of ADHD, such as Jornay (methylphenidate extended-release), Xelstrym (dextroamphetamine), an amphetamine patch, Qelbree (viloxazine), a non-stimulant, Adhansia (methylphenidate hydrochloride), Dyanavel (amphetamine extended-release oral suspension), Mydayis (mixed salts amphetamine product), and Cotempla (methylphenidate extended-release orally disintegrating tablets).
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Attention Deficit Hyperactivity Disorder Market Dynamics
The increasing prevalence of ADHD is expected to spur the global attention deficit hyperactivity disorder market revenue growth. The Attention Deficit Hyperactivity Disorder Institute estimates that the disorder affects between 0.1% and 8.1% of children and adolescents globally. In Asia, Europe, North America, and MEA, the mean prevalence of ADHD in adults between 18 and 45 is almost 2.8%. Also, in most cases, it is considered that the genes acquired from the parents play a key role in developing the disorder because ADHD tends to pass it down through families. According to research, those with ADHD are more likely to have parents or siblings who also have the disease. Studies conducted independently have brought attention to the huge genetic burden on the world. Until recently, several countries lacked newborn screening programs, resulting in a growing percentage of the global population suffering from hereditary illnesses. Therefore, the increasing prevalence of genetic disorders fuels the need for proper treatment, which drives the growth of several genetic diseases, including attention deficit hyperactivity.
One of the major risk factors for developing ADHD in a newborn is premature birth. Prematurity is the number one cause of death for children under five worldwide. Global discrepancies in survival rates are obvious. Half of the newborns in low-income areas are born at or before 32 weeks. Preterm infants who survive the newborn period are suffering from an increasing burden of disability due to the suboptimal use of technology in middle-income settings. According to WHO estimates, in 2022, every year, 15 million babies are born preterm (before 37 completed weeks of gestation). Thus, the increased premature birth rate potentially influences the attention deficit hyperactivity disorder market.
Due to growing government financing and public awareness of mental health, the market for attention deficit hyperactivity disorder is set to grow. Governments worldwide have been compelled to step in due to the growing number of people experiencing a variety of mental health illnesses, including ADHD. According to the Regional Development Australia updates from July 2021, The New South Wales (NSW) Government has contributed US$ 1.8 million in funding for the ADHD pilot program in 2021–2022, for a total investment of US$ 7.7 million on behalf of the trial of a new model of care and management for kids with behavioral issues, including ADHD in regional NSW.
However, lack of awareness about mental health, including ADHD with poor diagnosis, is the key factor inhibiting the growth of the attention deficit hyperactivity disorder market. Due to the absence of proper knowledge, the diseases remain untreated in kids. Also, in several countries, the market revenue growth is affected due to the unavailability of newborn screening programs.
Attention Deficit Hyperactivity Disorder Market Ecosystem
The global attention deficit hyperactivity disorder market is analyzed from three perspectives: drug class, distribution channel, and region.
Attention Deficit Hyperactivity Disorder Market by Drug Class
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Based on the drug class, the global attention deficit hyperactivity disorder market is segmented into stimulants and non-stimulants. The stimulants segment is sub-segmented into amphetamine, methylphenidate, lisdexamfetamine, dexmethylphenidate, and dextroamphetamine. Also, the non-stimulant segment is sub-segmented into atomoxetine, guanfacine, clonidine, and others.
The stimulants segment accounted for the largest revenue share of the global attention deficit hyperactivity disorder market in 2022. The most often utilized stimulants for treating ADHD are methylphenidate and amphetamines. These are the first-line medications for ADHD treatment. Methylphenidate is the most frequently used ADHD medication. In the last few years, the usage of stimulants for the treatment of ADHD in college students and children has expanded considerably. Stimulants can help with ADHD symptoms, including attention deficit disorder, impulsive behavior, and restlessness. These medications help 70% of adults and 70%-80% of children with ADHD symptoms. They have been shown to lessen interruptions, fidgeting, and other hyperactive symptoms. They also enhance interactions with family and friends. Stimulants for ADHD improve driving skills and reduces all types of accidents. Also, regular stimulant medication lowers delinquency, substance misuse, crime, and suicidality. Adults can benefit from stimulant medicines as well. It has resulted in a significant increase in the pharmaceutical treatment of people with ADHD.
When stimulants are administered upon waking, delayed action can cause communal problems for many people. Therefore, non-stimulant is frequently used to manage the situation. Atomoxetine, guanfacine XR, and clonidine XR are considered second-line treatments for ADHD. Thus, the advancement in the development of non-stimulant drugs is also increasing significantly to hold the second large revenue share of the global attention deficit hyperactivity disorder market.
Attention Deficit Hyperactivity Disorder Market by Distribution Channel
Based on the distribution channel, the global attention deficit hyperactivity disorder market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies.
The hospital pharmacies segment accounted for the largest revenue share of the global attention deficit hyperactivity disorder market in 2022. General hospital psychiatry has taken the lead in improving clinical care, training, and research in the last few decades. It has become a significant force in the overall development of mental health. In addition to adapting to the needs of people with mental disorders, general hospital psychiatric services also developed within the constraints imposed by the general hospital organization and culture. As a result, the biomedical method was frequently used. Although there was a strong emphasis on psychological treatment, particularly in the early stages of the general hospital movement, physical therapeutic approaches predominated. By its very nature, the culture of general hospitals supported the creation of classification systems for diseases, physical therapy techniques, and reliance on physicians and nursing staff. The hospital pharmacy is a crucial hospital division that handles the purchase, storage, compounding, dispensing, manufacture, testing, packaging, and distribution of medicines. This department is also in charge of conducting research in pharmaceutical science and education, which is done under the supervision of qualified pharmacists. The hospital pharmacy significantly influences the economics of health costs. The hospital pharmacy nowadays offers both medication monitoring services and drug information services. The hospital pharmacist is competent in drug procurement, handling, pricing, and dispensing. Also, pharmacists serve as a liaison between patients and doctors and offer drug information to the public and all other healthcare professionals.
Attention Deficit Hyperactivity Disorder Market by Region
Based on the region, the global attention deficit hyperactivity disorder market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America accounted for the largest revenue share of the global attention deficit hyperactivity disorder market in 2022. Due to the introduction and quick adoption of several ADHD medications, North America’s attention deficit hyperactivity disorder market expanded significantly. Furthermore, improved patient affordability, attractive reimbursement policies, and a rise in public awareness of current treatment modalities in North America significantly influence the market revenue. The high prevalence of ADHD in the American population necessitates advanced treatment for ADHD. The Centre for ADHD Awareness Canada stated that almost 1.5 million people in Canada are impacted by ADHD.
Attention Deficit Hyperactivity Disorder Market Competitive Landscape
Due to new product launches, mergers, and acquisitions, the global attention deficit hyperactivity disorder market is moderately competitive. Some of the primary development strategies that many organizations prioritize include the introduction of novel therapies, securing approval for those goods, and taking part in additional initiatives, including awareness projects. Moreover, the market categorized partnerships, acquisitions, and numerous other forms of collaboration as better growth tactics. With the expanding global market demand for ADHD, these actions have raised the chance of having profitable growth prospects in the future.
Notable market participants include:
Attention Deficit Hyperactivity Disorder Market Strategic Developments
Attention deficit hyperactivity disorder (ADHD) is a chronic condition with symptoms such as attention difficulty, hyperactivity, and impulsiveness in children and adults.
Increased prevalence of the genetic disorder, mental illness, and strong clinical pipeline for ADHD drugs are the key factors driving the revenue growth of the global attention deficit hyperactivity disorder market.
The lack of awareness and negligence of the symptoms are restraining factors for the revenue growth of the attention deficit hyperactivity disorder market.
Key companies operating the global attention deficit hyperactivity disorder market include Pfizer, Inc., Johnson & Johnson Services, Inc., Lupin Limited, Novartis AG, and Takeda Pharmaceutical Company Limited.
The global attention deficit hyperactivity disorder market is expected to grow at a revenue CAGR of 4.4% during the forecast period from 2023 to 2031.
*Insights on financial performance are subject to the availability of information in the public domain