The sales of ADHD prescription medication are increasing rapidly and are expected to grow by another 13 percent this year alone. According to IBIS World, a new report shows ADHD medication has skyrocketed since 2010, and will continue to grow at an annualized rate of 6 percent per year, bringing in $17.5 billion by the year 2020.
Mother Jones reported on the sharp increase in ADHD prescriptions, claiming that attention deficit hyperactive disorder is a huge business for pharmaceutical companies. And though the spike in medication sales is alarming, it isn’t surprising to certain economic professionals like Richard Scheffler, a coauthor of the book The ADHD Explosion. Schleffer claims the boom in prescriptions is part of a larger global trend, as ADHD symptoms are recognized more and more often around the world. This is especially true of cultures with high expectations of success and academic achievement.
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