The global 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 Depression Treatment market.
The latest report is touted as the first study covering the current Depression Treatment market situation gravely impacted by the COVID-19 outbreak. The market intelligence report analyzes the drastic impact of the pandemic on the global economy. The coronavirus outbreak has beleaguered the Depression Treatment business landscape, thereby impeding various manufacturers’ and buyers’ developmental scope in this sector. The report discusses the pandemic’s impact on the existing market scenario, accompanied by speculations about the Depression Treatment marketin the post-COVID-19 scenario.
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Key Highlights From The Report
- 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.
- Key participants include Pfizer, 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.
Depression Treatment Market Segmentation:
For the purpose of this report, Emergen Research has segmented into the global Depression Treatment Market on the basis of drug type, application, end-user, distribution channel, and region:
- Drug Type Outlook (Revenue, USD Billion; 2017-2027)
- Selective Serotonin Reuptake Inhibitors (SSRIs)
- Selective Norepinephrine Reuptake Inhibitors (SNRIs)
- Serotonin Modulators
- Tricyclic & Tetracyclic Antidepressants
- Atypical Antidepressants
- 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)
- End-User Outlook (Revenue, USD Billion; 2017-2027)
- Mental Health Centers
- Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals Pharmacies
- Retail Pharmacies
The regional analysis of the Depression Treatment market mainly focuses on the key regions and regional market in North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.It evaluates the presence of the global Depression Treatment market in the major regions with regards to market share, market size, revenue contribution, sales network, and distribution channel, and other key elements.
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Key points covered in the report:
- The report provides the reader with a detailed study of the global Depression Treatment market, including essential data beneficial for business.
- The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.
- A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.
- It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Depression Treatment Market Segmentation & Impact Analysis
4.1. Depression Treatment Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
126.96.36.199. Increase in geriatric population
188.8.131.52. Increase in issues with mental health
184.108.40.206. Minimal side effects
4.2.3. Market restraints analysis
220.127.116.11. The high cost of devices and therapies
18.104.22.168. Delay in diagnosis
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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