Romania's Attention Deficit Hyperactivity Disorder (ADHD) therapeutics market is projected to grow from $86 Mn in 2022 to $156 Mn in 2030 with a CAGR of 7.75% for the year 2022-2030. The rising rate of ADHD in Romania and consequently the increasing demand for its therapeutic options are driving the growth of the market. The Romania ADHD therapeutics market is segmented by drug, drug type, demographics, and by distribution channel. Sun Wave Pharma, Oftafarma Romania, and Prude Pharma are some of the key players in the market.
The Romania Attention Deficit Hyperactivity Disorder (ADHD) therapeutics market size is at around $86 Mn in 2022 and is projected to reach $156 Mn in 2030, exhibiting a CAGR of 7.75% during the forecast period. The draft, which was made public by the Romanian finance minister earlier this week, projects that public investment spending will account for 7.22% of GDP, or $24 Bn, in 2023. At 1,696 euros per person, Romania had the lowest health expenditure. Due to the government's significant budget deficit, the Romanian government has stated spending on health care will be reduced by approximately $911.2 Mn.
According to the Analysis of mental health services for children in Romania research done by Salvati Copiii and CURS, about 200,000 children in Romania have attention deficit hyperactivity disorder or ADHD. Only 8,000 of the totals, or 4%, are identified in the records of experts and receive care. When compared to children without this behavioral disorder, most ADHD patients perform poorly in school. Less than 9.1% of children with ADHD complete college, compared to 98.7% of children without ADHD who successfully complete secondary school. Over 70% of students have been suspended or expelled from school, and 45.5% have cognitive disabilities. There are concerns that some of the vulnerable children being managed by the Romanian state may be receiving medication to control challenging behavior because vulnerable children are up to 15 times more likely than other Romanian children to be labeled with ADHD.
In Romania, therapy and medication are frequently used in the management of ADHD. The stimulants methylphenidate (Ritalin) and amphetamines (Adderall) are the ones that are most frequently given in Romania for ADHD. These drugs function by raising dopamine and norepinephrine levels in the brain, which can enhance concentration, attention, and impulse control. Additionally, non-stimulant drugs like atomoxetine (Strattera) may be used. In conjunction with drugs, behavioral counseling is frequently suggested to help people with ADHD develop new abilities and coping mechanisms for dealing with their symptoms. Cognitive-behavioral therapy (CBT), parent education, or social skills instruction are all possible forms of counseling.
Market Growth Drivers
Recent research indicates that the prevalence of ADHD has been steadily rising in Romania over time, which is anticipated to continue fueling the Romania ADHD therapeutics market's expansion. Additional funding is being allocated to the treatment of ADHD in Romania as healthcare expenditure rises. This is anticipated to drive the Romania ADHD therapeutics market's expansion.
Market Restraints
Patients' access to treatment for ADHD may be hampered by budgetary restrictions like scarce resources or financial challenges. This may restrict the Romania ADHD therapeutics market expansion. Some patients may not be able to receive treatment because of the costly nature of ADHD treatments and medications. Because of this, market size may decrease and development may be slower. ADHD may be stigmatized and misunderstood in Romania, which can result in improper evaluation and care. This may restrict the Romania ADHD therapeutics market expansion.
Key Players
Romanian pharmaceuticals intended for human consumption are evaluated for safety by the National Agency of Medicines and Medical Devices (NAMMD). The NAMMD ensures that medical devices used by healthcare networks continue to operate at a high standard of performance and safety. Furthermore, the agency makes sure that patients and medical workers have access to pertinent information about drugs. In order to safeguard the public's health, NAMMD is in charge of gathering and analyzing data on the security of pharmaceuticals and medical devices marketed in Romania. NAMMD makes sure that drugs and medical equipment are produced in accordance with good manufacturing practices and satisfy quality standards. Healthcare workers and the general public can learn about medicines and medical devices, including how to use them properly and what risks and benefits they may have, due to NAMMD. It is crucial in guaranteeing the efficacy and safety of drugs and medical equipment in Romania and in advancing the population's health and well-being.
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Drug Type (Revenue, USD Billion):
By Age Group (Revenue, USD Billion):
By Distribution Channel (Revenue, USD Billion):
By Psychotherapy (Revenue, USD Billion):
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