Anxiety and Depression Treatment Market to Deliver Greater Revenues during the Forecast Period 2020 – 2027
Anxiety and Depression Treatment Market Size – USD 12.06 Billion in 2019, Market Growth - CAGR of 3.9%
VANCOUER, BC, CANADA, April 11, 2022 /EINPresswire.com/ -- Titled ‘Global Anxiety and Depression Treatment Market – Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Anxiety and Depression Treatment Market . The report’s authors have offered necessary details on the latest Anxiety and Depression Treatment Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Anxiety and Depression Treatment Market entails useful insights into the estimated Anxiety and Depression Treatment Market size, revenue share, and sales & distribution network such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future.
The global Anxiety and Depression Treatment Market is forecasted to be worth USD 16.06 Billion by 2027, according to a current analysis by Emergen Research. The growing incidence of mental health and depression is creating a demand for the market. Growth in the geriatric population and the rise in diseases such as anxiety disorders, phobia, and dementia will impact market growth. The low cost of the medication, coupled with affordable therapies, are expected to propel the growth of the Anxiety and Depression Treatment Market .
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A major driving factor of the market is a surge in generic drug manufacturers. The lower cost of antidepressants and other drugs has encouraged people to opt for the treatment. Moreover, a rise in awareness about the treatment is also encouraging people to opt for the procedure. Rising awareness has led people to gather more knowledge about the disease and get rid of the old stigma attached to it. People are understanding the need for treatment and opting for it for a healthier lifestyle.
However, factors such as the expiration of the patent of drugs and the adoption of other treatments like the herbal treatment are expected to hamper the Anxiety and Depression Treatment Market growth. Support from the government for the deployment of organizations and groups to help depressed patients will also drive Anxiety and Depression Treatment Market demand.
Key players in the market include :
Inc., AstraZeneca, Plc, GlaxoSmithKline Plc, Eily, Lilly, and Company, Allergan Plc, Takeda Pharmaceutical Company Limited, Intellipharmaceutics International, Inc., Otsuka Holdings Co. Ltd., H.Lundbeck A/S, and Apotex, Inc., among others.
Some Key Highlights from the Report ;
Antipsychotics treatment has been used to treat depressive disorders. The medicine was used in combination with antidepressants and became the choice of treatment for depressed patients who had psychotic symptoms. The antipsychotic treatment was done to treat symptoms such as delusions, hallucinations, or marina symptoms. It is also used to treat bipolar depression.
Major Depressive Disorder (MDD), also known as clinical depression, is a condition that impacts behavior and mood as well as physical functions, like appetite and sleep. It is among the most common mental health condition, and studies suggest that almost 7% of the adults in the United States suffered from the disease in 2017.
Hospitals held the largest share in the year 2019 as most of the depressed cases were recognized when registered at a hospital for treatment. Not many are aware of their symptoms and visit hospitals to get treated when the situation become a little extreme. There are also special wards and doctors for patients who are going through depression during their treatment.
The market for depression treatment in North America is driven by a high level of awareness and availability of drugs and therapies. The region also has a level of depression treatment facilities, increased funding for research, and the presence of major market players.
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The report provides extensive insights into the key strategies and market development dynamics along with the macro and micro factors in the current market landscape. Also, the report comprises the Covid-19 and post-Covid-19 market landscape to let users identify the upcoming patterns and trends in the global Anxiety and Depression Treatment Market . Our analysts have prepared the report as an indispensable guide for enabling our customers to take qualitative decisions and reap the best results out of it.
The study objectives of this report are:
To study and analyze the global Anxiety and Depression Treatment Market size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2027, and forecast to 2027.
To understand the structure of Anxiety and Depression Treatment Market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Anxiety and Depression Treatment Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Anxiety and Depression Treatment Market with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Anxiety and Depression Treatment Market sub-markets, with respect to key regions (along with their respective key countries).
Segmented the global Anxiety and Depression Treatment Market :
For the purpose of this report, Emergen Research has segmented into the global Anxiety and Depression Treatment Market on the basis of drug type, application, end-user, distribution channel, and region:
Drug Type Outlook (Revenue, USD Billion; 2017-2027)
Antidepressants
Selective Serotonin Reuptake Inhibitors (SSRIs)
Selective Norepinephrine Reuptake Inhibitors (SNRIs)
Serotonin Modulators
Tricyclic & Tetracyclic Antidepressants
Atypical Antidepressants
Antipsychotics
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Major Depressive Disorder (MDD)
Bipolar Disorder
Postpartum Depression
Premenstrual Dysphoric Disorder (PMDD)
Dysthymic Disorder
Seasonal Affective Disorder (SAD)
Others
End-User Outlook (Revenue, USD Billion; 2017-2027)
Hospitals
NGOs
Mental Health Centers
Asylums
Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Hospitals Pharmacies
Retail Pharmacies
Onlin
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Frequently Asked Questions
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