How big is the Olanzapine Market | Industry Trends & Forecast 2025

Code: MTA8485 Publication Date: Sep 2025

What is the size of Olanzapine Market?

According to 6Wresearch internal database and industry insights, the Global Olanzapine Market was valued at USD 2 Billion in 2024 and is expected to reach USD 2.7 Billion by 2031, growing at a compound annual growth rate of 5.80% during the forecast period (2025-2031).

The growth of the market is being fueled by various drivers such as, the increasing burden of mental health disorders, broader acceptance of antipsychotic therapies, and the increased awareness of schizophrenia and bipolar treatment adherence in emerging economies.

Growth Factors for Olanzapine Industry

  • Increasing prevalence of schizophrenia and bipolar disorders drives the demand for antipsychotics.
  • Rising mental health awareness supports early diagnosis and medication compliance.
  • Availability of generic formulations enhances treatment affordability and access.
  • Government initiatives and healthcare reforms strengthen psychiatric treatment infrastructure.
  • Ongoing clinical research and improved drug delivery systems enhance therapeutic outcomes.

Olanzapine Market Trends

The Olanzapine Market is changing dramatically with a rise in demand for long-acting injectable formulations and improvements in patient-centred therapies. Trends in the Olanzapine market are also being affected by growing mental health investment and transformational progress in how psychiatry is practiced. There is a notable trend toward once-monthly formulations, reduced side-effect profiles, and digital mental health integration. In addition, manufacturers are focusing on biosimilars and combination therapies involving olanzapine to improve efficacy and compliance in treatment-resistant patients.

Emerging Developments in the Olanzapine Market

The Olanzapine Market has shifted toward novel developments, including the emergence of personalized medicine approaches, to support more targeted prescription approaches in psychiatric care, as well as patients utilizing new drug delivery methods, such as orally disintegrating tablets and depot injections, to help improve adherence. Expanding access through telepsychiatry platforms and mental health campaigns is helping address unmet psychiatric needs. Several pharmaceutical firms are also investing in reformulation and patent lifecycle extension strategies to retain market share while addressing therapeutic gaps.

List of Leading Companies in the Olanzapine Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Eli Lilly and Company

Company NameEli Lilly and Company
Established Year1876
HeadquartersIndianapolis, United States
Official WebsiteClick Here

Eli Lilly developed the original olanzapine product under the brand name Zyprexa, used widely for schizophrenia and bipolar disorder.

2. Dr. Reddy’s Laboratories

Company NameDr. Reddy’s Laboratories
Established Year1984
HeadquartersHyderabad, India
Official WebsiteClick Here

Dr. Reddy’s manufactures a wide range of olanzapine generics for psychiatric treatments across multiple markets.

3. Teva Pharmaceutical Industries Ltd.

Company NameTeva Pharmaceutical Industries Ltd.
Established Year1901
HeadquartersTel Aviv, Israel
Official WebsiteClick Here

Teva is a key player offering olanzapine tablets and injectables with a focus on affordable psychiatric care.

4. Mylan (now part of Viatris)

Company NameMylan (now part of Viatris)
Established Year1961
HeadquartersCanonsburg, United States
Official WebsiteClick Here

Mylan supplies olanzapine generics in various formulations through its extensive pharmaceutical portfolio.

5. Sun Pharmaceutical Industries Ltd.

Company NameSun Pharmaceutical Industries Ltd.
Established Year1983
HeadquartersMumbai, India
Official WebsiteClick Here

Sun Pharma provides olanzapine across multiple dosage strengths and continues to invest in mental health therapies.

6. Zydus Lifesciences

Company NameZydus Lifesciences
Established Year1952
HeadquartersAhmedabad, India
Official WebsiteClick Here

Zydus manufactures olanzapine as part of its neuropsychiatric drug portfolio with focus on therapeutic affordability.

7. Aurobindo Pharma Ltd.

Company NameAurobindo Pharma Ltd.
Established Year1986
HeadquartersHyderabad, India
Official WebsiteClick Here

Aurobindo offers olanzapine through its generics division, contributing to psychiatric drug accessibility.

8. Torrent Pharmaceuticals Ltd.

Company NameTorrent Pharmaceuticals Ltd.
Established Year1959
HeadquartersAhmedabad, India
Official WebsiteClick Here

Torrent Pharma markets olanzapine formulations aimed at treating schizophrenia and manic episodes.

9. Lupin Limited

Company NameLupin Limited
Established Year1968
HeadquartersMumbai, India
Official WebsiteClick Here

Lupin manufactures olanzapine as part of its CNS product line targeting long-term psychiatric treatments.

10. Cipla Limited

Company NameCipla Limited
Established Year1935
HeadquartersMumbai, India
Official WebsiteClick Here

Cipla delivers cost-effective olanzapine formulations with focus on improving mental health access in developing regions.

How big is the Olanzapine Market : FAQs

The Olanzapine Market is expected to surpass USD 2.7 Billion by 2031.
Rising mental health diagnoses, wider insurance coverage, and growing use of long-acting antipsychotics are driving the Olanzapine Market.
Leading companies include Eli Lilly, Teva, Sun Pharma, Dr. Reddy’s, and Zydus Lifesciences.
Strategies include lifecycle management, investment in long-acting formulations, and expansion of psychiatric treatment access.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All