The 7 major tardive dyskinesia markets reached a value of US$ 1.7 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 2.4 Billion by 2034, exhibiting a growth rate (CAGR) of 3.07% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 1.7 Billion |
Market Forecast in 2034
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US$ 2.4 Billion |
Market Growth Rate 2024-2034
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3.07% |
The tardive dyskinesia market has been comprehensively analyzed in IMARC's new report titled "Tardive Dyskinesia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Tardive dyskinesia (TD) is a neurological disorder characterized by repetitive, involuntary movements that typically affect the face, mouth, and tongue but can also involve the limbs and torso. These movements may include grimacing, tongue protrusion, lip smacking, rapid eye blinking, and jerky movements of the arms and legs. The condition may disrupt people's lives, impacting their emotional and social well-being. Individuals suffering from this ailment may experience symptoms like finger wiggling, foot tapping, the flapping of arms, swaying from side to side, thrusting out the pelvis, etc. The diagnosis of TD is typically based on a review of the patient's clinical features and medical history. A physical exam, such as the Abnormal Involuntary Movement Scale (AIMS), can also be utilized to rate any abnormal movements and determine disease severity among patients. Other frequently performed diagnostic tests and procedures include blood workups, cerebral computed tomography (CT) scans, magnetic resonance imaging (MRI), etc.
The rising cases of mental illnesses that require prolonged treatment with antipsychotic drugs, causing irregular dopamine signaling in a specific part of the brain, are primarily driving the tardive dyskinesia market. In addition to this, the escalating adoption of neuropsychological testing for detecting changes in cognitive function, speed of information processing, and identifying specific patterns of impairment consistent with the condition is also propelling the market growth. Furthermore, the widespread utilization of deep brain stimulation therapy to treat this ailment, owing to its various advantages, such as its nondestructive nature, reversibility, adjustability, and rapid and long-term symptom relief, is creating a positive outlook for the market. Additionally, the continuous advancements in clinical studies that encourage the launch of novel products and the introduction of favorable guidelines to enable early approval of pipeline drugs for neurological movement disorders are also bolstering the market growth. Moreover, the emerging popularity of vesicular monoamine transporter 2 inhibitors, including tetrabenazine, valbenazine, deutetrabenazine, etc., which alter particular proteins and deplete the transport of dopamine, thereby reducing its release and breakdown by monoamine oxidase, is further expected to drive the tardive dyskinesia market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the tardive dyskinesia market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for tardive dyskinesia and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the tardive dyskinesia market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current tardive dyskinesia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Ingrezza (Valbenazine) | Neurocrine Biosciences |
Austedo (Deutetrabenazine) | Teva Pharmaceutical |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Tardive Dyskinesia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies