openPR Logo
Press release

Depression Drugs Market: Increase in Cases of Depression to Boost Market Growth

09-04-2018 02:38 PM CET | Health & Medicine

Press release from: Transparency Market Research

United States

United States

Transparency Market Research (TMR) has published a new report titled, “Depression Drugs Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global depression drugs market was valued at US$ 6,500 Mn in 2017 and is anticipated to decline at a CAGR of 2% from 2018 to 2026. The report suggests that rise in incidence of major depression disorders is projected to drive demand for depression drugs from 2018 to 2026. Key players introduce their new depression drugs in developed regions such as Western Europe and North America. Hence, these regions are likely to account for significant share of the global depression drugs market. Rise in burden of schizophrenia and bipolar I disorder in emerging markets such as China and India is likely to boost the growth of the market in Asia Pacific during the forecast period.

Read Report Overview @ https://www.transparencymarketresearch.com/depression-drug-market.html

Depression is an indication where a patient feels down in the dumps, miserable, unhappy, blue, or sad. For short period of time, many people may feel this way at a time or another. True clinical depression is when a patient feels frustrated, angry, lost, and sad on a daily basis for a long period of time. Increase in prevalence of major depression disorders is projected to drive the market during the forecast period. According to the National Institute of Mental Health (NIMH), the U.S. adult population of approximately 10.3 million had at least one major depressive disorder episode with huge impairment. The population accounts for 4.3% of all adults in the country. Higher prevalence was observed among female adults at 8.5% as compared to 4.8% among male adults. The highest prevalence of major depression disorder episode was observed among people aged 18 to 25 at 10.9%.

The global depression drugs market has been segmented based on drug class, disease type, distribution channel, and region. In terms of drug class, the market has been categorized into atypical antipsychotics, serotonin-norepinephrine reuptake inhibitor, selective serotonin reuptake inhibitor, central nervous system (CNS) stimulant, and others. The atypical antipsychotics segment leads the market and is expected to continue its dominance during the forecast period, followed by serotonin-norepinephrine reuptake inhibitor. High market share of the atypical antipsychotics segment is attributed to the launch of drugs in developed countries such as the U.S. and Canada. Based on disease type, the global depression drugs market has been classified into major depressive disorders, schizophrenia and bipolar I disorder, selective serotonin reuptake inhibitor induced, and others.

Request for the Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1151

Based on distribution channel, the global depression drugs market has been segmented into online pharmacies, hospital pharmacies, and retail pharmacies. The retail pharmacies segment held significant market share in 2017, and is anticipated to dominate the market during the forecast period. This large market share is attributed to rise in prevalence of major depression disorders across the world and increase in preference of depressed patients to purchase from retail pharmacies. However, the hospital pharmacies and retail pharmacies segments are anticipated to lose market share during the forecast period owing to exclusivity expiry of depression drugs.

North America captured large share of the global depression drugs market in 2017. The region is home to several key players in the global depression drugs market. Hence, the region is likely to dominate the global market during the forecast period. Europe held the second largest share of the global depression drugs market in 2017. Increase in research and development on depression drugs is attributed to high market share of the region. The market in Middle East & Africa is anticipated to expand at the fastest growth rate during the forecast period. Increase in government initiatives in health care sector is projected to fuel the growth of the market in the region. Initiatives by local governments to attain self-sufficiency in manufacturing depression drugs is likely to boost market growth in Asia Pacific and Latin America.

Obtain the Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1151

Key players operating in the global depression drugs market and profiled in the report include Otsuka Pharmaceutical Co., Ltd., Eli Lilly and Company, Pfizer, Inc., AstraZeneca, Allergan USA, Inc., Novartis AG, GlaxoSmithKline, Takeda Pharmaceutical Company Ltd, Sebela Pharmaceutical, Inc., and Johnson & Johnson. These players adopt inorganic and organic growth strategies to increase drug offerings, strengthen reach across the world, garner market share, and increase customer base.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research,
90 Sate Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Depression Drugs Market: Increase in Cases of Depression to Boost Market Growth here

News-ID: 1219490 • Views: 225

More Releases from Transparency Market Research

Fuel Dispenser Market - Global Industry Analysis, Size, Share, Growth, Trends, a …
Albany, NY - Fuel Dispenser Market: Introduction In terms of value, the global fuel dispenser market is expected to reach ~US$ 2 Bn by 2030, expanding at a CAGR of ~4% during the forecast period. Based on volume, the global fuel dispenser market is estimated to reach 662,058 units by 2030, expanding at a CAGR of ~4% during the forecast period. In terms of type, the submersible system segment holds leading
Brazil Flavored and Functional Water Market Outlook, Gains Traction, Analysis An …
According to the report, the market will exhibit an impressive CAGR of 7.3% during the projection period. With this rate of growth, by the end of 2024, the market will be valued around US$9.4 bn. It is a considerable growth from the initial valuation recorded at US$5 bn in 2015. A new report by Transparency Market Research expects the Brazil flavored functional water market to grow at considerable pace over
Advantame Market Trends , Incredible Growth Opportunities, Volume, Value Growth …
Increasing health issues among the population led to an increase in the demand for non-caloric sweetener. In the global food and beverage market, the demand for advantame is on rising owing to its non-caloric sweetener properties. Advantame is one of the most recent, high potency low-calorie sweeteners to arrive in the food and beverage market with clean sugar-like the taste. The rising consumption of unhealthy/ comfort sugary food with high calories
Trends in the Feed ingredients - Outlook, Share and Opportunities in Grooming Re …
Escalating demand for high nutritional value meat is one of the major factor driving the growth of global feed ingredients market. In the global meat products market, safety is one of the major concern among meat manufacturers owing to stringent rules laid by government organizations during the handling, procurement, processing, storage, and distribution of animal products. The inclusion of high nutritive value feed ingredient into animal feed results in more

All 5 Releases


More Releases for United

United States
UpMarketResearch offers a latest published report on “Global Baking Equipment Market Research Report 2019” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 101 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/63026 Baking Equipment Market research report delivers a close watch on leading
United States
DIAMOND BAR, Calif. (December 19, 2018) – Ono Hawaiian BBQ, known for its island-inspired Hawaiian plates, opens its second restaurant in Bakersfield which is located in the Rosedale Village complex near California State University of Bakersfield. The 77th location invites the Kern County community to their grand opening luau on Thursday, December 20th to celebrate their brand-new restaurant. The luau will kick off with a ribbon cutting ceremony at 10:45 a.m.,
United Access Launches New Website
SAINT LOUIS, MO (October 22, 2018) – United Access is inviting visitors to explore its their new website. The new website has been designed to offer the ultimate user-friendly experience with improved navigation and functionality while allowing customers to see all of the wheelchair accessible vehicle inventory available. Created with the user experience in mind, the new website includes many new features to help users to quickly and easily navigate the
United Thinkers releases Reconciliation Dashboards
United Thinkers added reconciliation dashboards to its flagship gateway product, UniPay Gateway New York, NY – (February 26, 2018): United Thinkers, a New-York based commercial open-source Payment Management Software provider, added the initial version of reconciliation dashboards logic to UniPay Gateway, its core gateway software product. The new logic represents a set of tools for reconciliation of financial transactions between the processing platform of a payment facilitator and the underlying acquirer/processor. One
United States Polycrystalline Solar Cell
Report Hive Market Research Released a New Research Report of 100 pages on Title "United States Polycrystalline Solar Cell" with detailed Analysis, Forecast and Strategies. Polysilicon is created from metallurgical review silicon by a substance filtration handle, called the Siemens procedure. This procedure includes refining of unpredictable silicon mixes, and their decay into silicon at high temperatures. A rising, elective procedure of refinement uses a fluidized bed reactor. The photovoltaic
Azelis United
Leading pan-European specialty chemicals distributor, Azelis, has launched a corporate re-branding programme which will unite its 36 companies under one brand from the 1st of January 2011 Capitalizing on more than 10 years of acquisitions, Azelis announced today the re-branding of all its companies into ‘one Azelis’. The re-branding is the culmination of the Group's considerable investments over the last few years, in people, training, systems and focus on excellence – all