Global Antidepressants Market Segments With Forecast Till 2025
Major players in the market are Allergan PLC, AstraZeneca, Eli Lilly and Company, GlaxoSmithKline PLC, H. Lundbeck AS, Johnson & Johnson.
LONDON, GREATER LONDON, UK, April 27, 2020 /EINPresswire.com/ -- The global antidepressants market is expected to grow from $14.3 billion in 2019 to about $28.6 billion in 2020 as mental health issues are expected to surge due to the effects of the COVID-19 pandemic making an impact on the global economy. The market is expected to stabilize and reach $19 billion at a rate of about 7.4% through 2023. Rising cases of mental health disorders is expected to drive the growth of the antidepressant market. The side-effects and patent expiry of antidepressant drugs is a key factor hampering the growth of the antidepressant market.
The antidepressants market consists of sales of antidepressants and related services that are used in retail pharmacies, hospitals, and clinics. Antidepressants are drugs that can help to alleviate depressive symptoms, social anxiety disorder, anxiety disorders, seasonal affective disorders, dysthymia or moderate persistent depressive, as well as other conditions. The antidepressant medications available include the antagonists of SSRIs or selective serotonin reuptake, MAOIs or monoamine oxidase inhibitors, tricyclic antidepressants, tetracyclic antidepressants and others.
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The global antidepressants market is further segmented based on type and geography.
By Product - Selective Serotonin Reuptake Inhibitor (SSRI); Serotonin-norepinephrine Reuptake Inhibitor (SNRI); Tricyclic Antidepressant (TCA); Monoamine Oxidase Inhibitor (MAOI)
By Drug Class - Monoamine oxidase inhibitors; Serotonin antagonist and reuptake inhibitors; Serotonin-norepinephrine reuptake inhibitors; Selective serotonin reuptake inhibitors; Tricyclic antidepressants
By Depressive Disorder - Major Depressive Disorder; Obsessive-Compulsive Disorder; Generalized Anxiety Disorder; Panic Disorder
By Geography - The global antidepressants market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Antidepressants Market At:
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Trends In The Antidepressants Market
The treatment for resistant depression is a key trend in the antidepressant market. Ketamine is a new treatment that is used for anesthesia during surgery, which stimulates the development of glutamate and prompts the brain to form new neural connections. It makes the brain more adaptable and capable of developing new pathways and helps people to create more optimistic thoughts and behaviors.
Antidepressants Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides antidepressants market overviews, analyzes and forecasts antidepressants market size and growth for the global antidepressants market, antidepressants market share, antidepressants market players, antidepressants market size, antidepressants market segments and geographies, antidepressants market trends, antidepressants market drivers and antidepressants market restraints, antidepressants market’s leading competitors’ revenues, profiles and market shares. The antidepressants market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More
Read Antidepressants Global Market Report 2020 from The Business Research Company for information on the following:
Markets Covered: Global Antidepressants Market
Data Segmentations: Antidepressants Market Size, Global And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Antidepressants Market Organizations Covered: Allergan PLC, AstraZeneca, Eli Lilly and Company, GlaxoSmithKline PLC, H. Lundbeck AS, Johnson & Johnson, Pfizer Inc., Merck & Co. Inc., Sanofi, Sun Pharmaceuticals Pvt Ltd
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa
Time Series: Five years historic (2015-19) and forecast (2019-23)
Other Information And Analyses: PESTEL analysis, antidepressants market customer information, antidepressants market product/service analysis – product examples, antidepressants market trends and opportunities, drivers and restraints, key mergers and acquisitions, key metrics covered: number of enterprises, number of employees, global antidepressants market in 2020 - countries offering most new opportunities.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Antidepressants Industry: The report explains a number of strategies for companies in the antidepressants market, based on industry trends and company analysis.
Opportunities For Companies In The Antidepressants Sector: The report reveals where the global antidepressants industry will put on most $ sales up to 2023.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Antidepressants Global Market Report 2020:
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