Psychotic Disorders - Greece

  • Greece
  • Revenue in the Psychotic Disorders market is projected to reach US$35.47m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.34%, resulting in a market volume of US$36.07m by 2029.
  • In global comparison, most revenue will be generated in the United States (US$2,257.00m in 2024).
  • In relation to total population figures, per person revenues of US$264.60 are generated in 2024.

Key regions: Japan, Australia, Europe, India, France

 
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Analyst Opinion

The Psychotic Disorders market in Greece is experiencing significant growth and development.

Customer preferences:
In Greece, there is a growing demand for effective treatments and therapies for psychotic disorders. Customers are increasingly seeking innovative solutions that can improve their quality of life and provide relief from symptoms such as hallucinations and delusions. They are also looking for treatments that have minimal side effects and are easy to administer.

Trends in the market:
One of the key trends in the Psychotic Disorders market in Greece is the increasing use of psychotropic medications. These medications are commonly prescribed to manage symptoms of psychotic disorders, and their demand has been steadily rising. This trend can be attributed to the growing awareness and acceptance of mental health issues in the country, as well as the availability of a wider range of psychotropic medications. Another trend in the market is the adoption of psychosocial interventions alongside medication. Psychosocial interventions, such as cognitive-behavioral therapy and family therapy, have been proven to be effective in managing psychotic disorders. There is a growing recognition of the importance of a holistic approach to treatment, which includes both medication and psychosocial interventions.

Local special circumstances:
Greece has a well-established healthcare system that provides access to mental health services. The country has a network of psychiatric hospitals, outpatient clinics, and community mental health centers that cater to the needs of individuals with psychotic disorders. This infrastructure supports the growth of the Psychotic Disorders market by providing a platform for the delivery of treatments and therapies.

Underlying macroeconomic factors:
The growth of the Psychotic Disorders market in Greece can also be attributed to underlying macroeconomic factors. The country has been recovering from a prolonged economic crisis, and there is a greater focus on healthcare and social welfare. This has resulted in increased government spending on mental health services and the expansion of insurance coverage for mental health treatments. These factors have created a favorable environment for the growth of the Psychotic Disorders market in Greece.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on companies' revenues, international institutes data, and global consumer survey data. Revenues refer to the retail value and include sales taxes.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use financial reports and third-party data. Next, we use relevant key market indicators and data from country-specific associations such as healthcare spending per capita, medical product spending per capita, and gross domestic product per capita. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, S-Curve function, ARIMA time series model and exponential curve function. Data is modeled using current exchange rates.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Patients
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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