Global Antipsychotic Drugs Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Disease;

Schizophrenia, Bipolar Disorder, Unipolar Depression, Dementia, and Others

By Drug;

Risperidone, Quetiapine, Olanzapine, Aripiprazole, Brexpiprazole, Paliperidone Palmitate, and Others

By Therapeutic Class;

First Generation, Second Generation, and Third Generation

By Distribution Channel;

Hospital Pharmacies, Drug Stores & Retail Pharmacies, and Online Pharmacies

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn104860672 Published Date: May, 2025 Updated Date: June, 2025

Antipsychotic Drugs Market Overview

Antipsychotic Drugs Market (USD Million)

Antipsychotic Drugs Market was valued at USD 20,053.77 million in the year 2024. The size of this market is expected to increase to USD 28,406.32 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.


Global Antipsychotic Drugs Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.1 %
Market Size (2024)USD 20,053.77 Million
Market Size (2031)USD 28,406.32 Million
Market ConcentrationMedium
Report Pages375
20,053.77
2024
28,406.32
2031

Major Players

  • H. Lundbeck A/S (Denmark)
  • Otsuka Pharmaceutical Co., Ltd. (Japan)
  • Janssen Pharmaceuticals, Inc. (Johnson & Johnson) (Belgium)
  • Eli Lilly and Company (U.S.)
  • ALLERGAN (AbbVie, Inc.) (U.S.)
  • Teva Pharmaceutical Industries Ltd. (Israel)
  • Dr. Reddy’s Laboratories Ltd. (India)
  • Sumitomo Dainippon Pharma Co., Ltd. (Japan)
  • Alkermes plc (Ireland)
  • Bristol-Myers Squibb Company (U.S.)

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Antipsychotic Drugs Market

Fragmented - Highly competitive market without dominant players


The Antipsychotic Drugs Market is witnessing significant expansion, driven by the rising prevalence of mental health disorders such as schizophrenia, bipolar disorder, and major depressive disorders. An increasing demand for improved drug efficacy and fewer side effects has led to substantial pharmaceutical innovations. Second-generation antipsychotics account for over 60% of the market share due to their broad therapeutic scope and better patient compliance.

Drivers and Influencers
The surge in psychiatric diagnosis rates, greater mental health awareness, and government-backed healthcare reforms are contributing to market growth. Additionally, the availability of long-acting injectable formulations is enhancing patient adherence. Nearly 55% of the patient population prefers injectable forms over oral medications due to reduced dosing frequency and enhanced symptom control.

Technological Advancements
The integration of AI-driven drug discovery and personalized medicine is transforming the landscape of antipsychotic drug development. The deployment of advanced neuroimaging and biomarker-based research is expected to influence nearly 40% of upcoming treatment approvals. These innovations aim to improve both drug efficacy and patient outcomes.

Future Outlook
The future of the antipsychotic drugs market lies in next-generation therapies, including digital therapeutics and gene-targeted treatments. With increasing R&D investments, the market is projected to be significantly influenced by biosimilars and novel delivery mechanisms.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Disease
    2. Market Snapshot, By Drug
    3. Market Snapshot, By Therapeutic Class
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Antipsychotic Drugs Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Mental Health Disorders
        2. Growing Awareness and Reducing Stigma Surrounding Mental Health
        3. Advancements in Drug Formulations and New Drug Approvals
        4. Expansion of Healthcare Access and Treatment Facilities
      2. Restraints
        1. Regulatory Challenges and Approval Processes
        2. Market Saturation of Established Antipsychotic Drugs
        3. Availability of Alternative Treatment Options
        4. Drug-Drug Interactions and Patient Compliance Issues
      3. Opportunities
        1. Expansion of Telepsychiatry and Digital Health Solutions
        2. Increased Research and Development Investments
        3. Potential for Combination Therapies
        4. Focus on Treating Treatment-Resistant Cases
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Antipsychotic Drugs Market, By Disease, 2021 - 2031 (USD Million)
      1. Schizophrenia
      2. Bipolar Disorder
      3. Unipolar Depression
      4. Dementia
      5. Others
    2. Antipsychotic Drugs Market, By Drug, 2021 - 2031 (USD Million)
      1. Risperidone
      2. Quetiapine
      3. Olanzapine
      4. Aripiprazole
      5. Brexpiprazole
      6. Paliperidone Palmitate
      7. Others
    3. Antipsychotic Drugs Market, By Therapeutic Class, 2021 - 2031 (USD Million)
      1. First Generation
      2. Second Generation
      3. Third Generation
    4. Antipsychotic Drugs Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hospital Pharmacies
      2. Drug Stores & Retail Pharmacies
      3. Online Pharmacies
    5. Antipsychotic Drugs Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Johnson & Johnson
      2. Otsuka Pharmaceutical
      3. Lundbeck
      4. Eli Lilly and Company
      5. Novartis AG
      6. Teva Pharmaceutical Industries Ltd.
      7. Sunovion Pharmaceuticals
      8. Alkermes plc
      9. Pfizer Inc.
      10. Roche Holding AG
  7. Analyst Views
  8. Future Outlook of the Market