PUBLISHER: The Business Research Company | PRODUCT CODE: 1720889
PUBLISHER: The Business Research Company | PRODUCT CODE: 1720889
Schizoaffective disorder is a chronic mental illness that combines symptoms of schizophrenia, such as delusions and hallucinations, with mood disorder symptoms, including depressive or manic episodes. Managing this condition requires a multidisciplinary approach that integrates both therapeutic and pharmaceutical interventions to address its complex nature.
The primary medications used to treat schizoaffective disorder include antipsychotic medications, mood stabilizers, antidepressants, and anticonvulsants. Antipsychotic medications help control psychotic symptoms such as hallucinations, delusions, and disorganized thinking. The disorder can be influenced by genetic, environmental, and chemical factors. Treatment is provided in various healthcare settings, including hospitals, clinics, and other medical facilities.
The schizoaffective disorder market research report is one of a series of new reports from The Business Research Company that provides schizoaffective disorder market statistics, including the schizoaffective disorder industry's global market size, regional shares, competitors with a schizoaffective disorder market share, detailed schizoaffective disorder market segments, market trends and opportunities, and any further data you may need to thrive in the schizoaffective disorder industry. This schizoaffective disorder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The schizoaffective disorder market size has grown strongly in recent years. It will grow from $7.36 billion in 2024 to $7.77 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth during the historic period can be attributed to increased awareness of mental health disorders, improved diagnostic criteria, higher healthcare funding, expanded access to mental health services, a rising prevalence of mental health conditions, and greater availability of treatments for psychiatric illnesses.
The schizoaffective disorder market size is expected to see strong growth in the next few years. It will grow to $9.47 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to the rising prevalence of mental health conditions, increased investment in psychiatric drug development, growing public awareness of mental illnesses, expanding healthcare infrastructure in emerging markets, and the rise of personalized medicine approaches. Key trends include the development of atypical antipsychotics, advancements in digital health platforms, innovation in long-acting injectable medications, improved diagnostic tools, the integration of AI in therapy management, and enhancements in psychotherapeutic techniques.
The increasing prevalence of neurological disorders is expected to drive the expansion of the schizoaffective disorder market. Neurological disorders affect the nervous system, including the brain, spinal cord, and nerves, leading to various cognitive, motor, and sensory dysfunctions. Factors contributing to the rise in neurological disorders include genetic mutations, infections, traumatic injuries, environmental toxins, autoimmune responses, and degenerative processes. The growing prevalence of these conditions has led to an increase in schizoaffective disorder diagnoses due to shared biological mechanisms, advancements in diagnostic capabilities, and heightened awareness. For example, in April 2023, the National Library of Medicine, a US-based medical research institution, reported that approximately 6.7 million Americans were living with Alzheimer's disease, with projections indicating an increase to 13.8 million by 2060. As a result, the rising incidence of neurological disorders is fueling the growth of the schizoaffective disorder market.
Leading companies in the schizoaffective disorder market are focusing on the development of innovative drug formulations, such as extended-release injectable suspension drugs, to enhance treatment efficacy, improve patient adherence, and reduce dosing frequency. Extended-release injectable suspension drugs are formulated to release their active ingredients gradually over an extended period, allowing for less frequent dosing compared to traditional immediate-release medications. For instance, in July 2024, Luye Pharma Group Ltd., a China-based pharmaceutical company, received approval from the US Food and Drug Administration (FDA) for ERZOFRI (paliperidone palmitate) extended-release injectable suspension for the treatment of schizophrenia and schizoaffective disorder. This long-acting injectable formulation ensures a consistent medication level in the body, reducing the frequency of administration, improving patient adherence, and lowering the risk of relapse. The convenience of fewer injections compared to oral medications significantly enhances the quality of life for individuals with chronic mental health conditions.
In March 2024, Bristol Myers Squibb, a US-based biopharmaceutical company, acquired Karuna Therapeutics Inc. for an undisclosed amount. This acquisition aims to strengthen Bristol Myers Squibb's neuroscience portfolio by incorporating Karuna Therapeutics' innovative schizophrenia treatment, KarXT, along with its early-stage pipeline. Karuna Therapeutics Inc., a US-based biopharmaceutical company, specializes in developing treatments for psychiatric and neurological conditions, including schizophrenia.
Major players in the schizoaffective disorder market are Pfizer Inc., Johnson & Johnson, Bristol Myers Squibb Company, AstraZeneca PLC, Abbott Laboratories, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Zydus Lifesciences Limited, Neurocrine Biosciences Inc., Alkermes Inc., Luye Pharma Group Ltd., Merz Pharma GmbH & Co. KGaA, Acadia Pharmaceuticals Inc., Intra-Cellular Therapies Inc., Cerevel Therapeutics Inc., Avanir Pharmaceuticals Inc., Otsuka Pharmaceutical Co. Ltd., Reviva Pharmaceuticals Inc., Zogenix Inc., Sunovion Pharmaceuticals Inc., Newron Pharmaceuticals S.p.A., Sage Therapeutics Inc., Lyndra Therapeutics Inc., BioXcel Therapeutics Inc.
North America was the largest region in the schizoaffective disorder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in schizoaffective disorder report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the schizoaffective disorder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The schizoaffective disorder market consists of revenues earned by entities by providing services such as clinical interviews, psychological assessments, cognitive-behavioral therapy (CBT), interpersonal therapy, and vocational rehabilitation. The market value includes the value of related goods sold by the service provider or included within the service offering. The schizoaffective disorder market includes sales of drugs such as risperidone, olanzapine, lithium and valproate, and fluoxetine or sertraline. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Schizoaffective Disorder Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on schizoaffective disorder market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for schizoaffective disorder ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The schizoaffective disorder market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.