openPR Logo
Press release

Antidepressant Drugs Market : Study on Key Players | Allergan, Alkermes, AstraZeneca, Bristol Myers Squibb Company, Eli Lilly And Company, Forest laboratories, GlaxoSmithKline, H. Lundbeck, Merck, Pfizer, Teva Pharmaceutical Industries and Takeda Pharmace

09-17-2018 07:51 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Antidepressant Drugs Market : Study on Key Players | Allergan,

Antidepressant Drugs Market size is projected to experience significant growth from 2018 to 2024.

Increasing stress levels, depression, elevated alcoholism and crime rates in the younger populations are foremost driving factors for increased use of antidepressant drugs. Tremendous diagnosis of cancer and tumor patients that increases the incidence of depression among cancer patients will potentially grow antidepressants market.

Growing geriatric population drives anti-depressants market. Elderly population is prone to suffer from subsyndromal depression. Financial hardships after retirement, chronic medical conditions, deaths of closed ones, limited mobility and isolation are some of the factors that further triggers depression drug market. Depression in older demographics is most common mental health issue.

Request In-depth table of contents @ https://www.gminsights.com/request-toc/upcoming/2505

An upsurge in the percentage of crimes such as sexual abuse, femicide and violence further drives the market growth. Drug innovation leading to decrease in the side effects from antidepressants drugs and new potential discoveries, will be an opportunity for anti-depressant drugs market.

Warning by the U.S. Food and Drug Administration, to assess the use of antidepressant drugs in children and adolescents in various countries can be a major restraint for the rise of anti-depressant drugs market. Besides this, increasing suicides, severity and side-effects and patent expiry of antidepressant drugs can hamper the growth.

Selective serotonin reuptake inhibitors (SSRI) of drug class segment is the leading segment due to its efficacy and safety. The ability of SSRI to reduce the side-effects is a contributing factor of increasing demand for SSRI segment of antidepressant drugs. SSRI demand increased amongst the younger population due to its mood revival effect and better academic performance.

Major depressive disorder is the greatest contributor towards the market growth as maximum people are commonly diagnosed with this disorder because of increased stress. Also, obsessive-compulsive disorder (OCD) is rapidly-growing segment due to changing lifestyle and quality of life.

An increase in prescription of antidepressants numbers to the patients can be attributed to patients suffering different depression disorders and long-term prescriptions by doctors. Hence the sale of depression drugs is expanding rapidly in pharmacies and retails due to online pharmacies and easy availability of antidepressant drugs in retail pharmacy channel.

U.S. drives the depression drugs market due to high presence of stress and depression factors. The count of children and adolescents prescribed to anti-depression drugs is on the peak in U.S. The number of people suffering from distress before and after the pregnancies in females is rising in U.S. However, this distress can be found in males as well. An elevated l¬¬evel of the disorders in adults suffering from stress, suicidal feelings, serious psychological disorders and anxiety has a huge potential to surge antidepressant drugs market in the U.S.

Asia Pacific, mainly led by China, Australia and Japan are predicted to depict a moderate growth on an account of various factors such as marketing approval for new medicines that can positively impact the depressant drugs market. Japan has the largest growing antidepressant drug market in Asia Pacific as a result of a large aging population in this region.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/2505

Some of the major industry players include Allergan, Alkermes, AstraZeneca, Bristol Myers Squibb Company, Eli Lilly And Company, Forest laboratories, GlaxoSmithKline, H. Lundbeck, Merck, Pfizer, Teva Pharmaceutical Industries and Takeda Pharmaceutical. The companies are adopting collaborative strategies to get an edge for manufacturing anti-depressants. For instance, Janssen Pharmaceuticals, has formed a research, license agreement and option with Amorsa Therapeutics for using its ketamine analog technology. By this collaboration, the companies are planning to develop new anti-depressants with rapid action for patients resistant to treatment for depression.

Antidepressant Drugs Market by Drug Class, 2013-2024 (USD Million)
• Monoamine oxidase inhibitors
• Serotonin antagonist and reuptake inhibitors
• Serotonin-norepinephrine reuptake inhibitors
• Selective serotonin reuptake inhibitors
• Tricyclic antidepressants
• Others

Antidepressant Drugs Market by Disorders, 2013-2024 (USD Million)
• Major depressive disorder
• Obsessive-compulsive disorder
• Generalized anxiety disorder
• Panic disorder
• Others

Antidepressant Drugs Market by Distribution Channels, 2013-2024 (USD Million)
• Hospitals and clinics
• Retail pharmacies
• Others

The above information is provided for the following regions and countries:

• North America
o U.S.
o Canada

• Europe
o Germany
o UK
o France
o Italy
o Spain

• Asia Pacific
o Japan
o China
o India

• Latin America
o Mexico
o Brazil

• Middle East and Africa
o South Africa

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.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 Antidepressant Drugs Market : Study on Key Players | Allergan, Alkermes, AstraZeneca, Bristol Myers Squibb Company, Eli Lilly And Company, Forest laboratories, GlaxoSmithKline, H. Lundbeck, Merck, Pfizer, Teva Pharmaceutical Industries and Takeda Pharmace here

News-ID: 1241012 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Drug

Alcohol Testing And Drug Testing Equipment Market 2025 Segmentation, Application …
Market Study Report, LLC, has compiled an exhaustive research study of the ‘Alcohol Testing And Drug Testing Equipment market’, detailing every single market driver and intricately analyzing the business vertical. This ‘Alcohol Testing And Drug Testing Equipment market’ study will aid in seeking out new business opportunities and fine-tuning existing marketing strategies through insights regarding SWOT analysis, market valuation, competitive spectrum, regional share, and revenue predictions. Alcohol abuse and drug
How much Diabetes Drug Market Impact Worldwide Medical Drug Industry?
Diabetes Drug Market From an insight perspective, the market report focuses on various levels of analyses — industry analysis, market rank analysis, and company profiles, which together comprise and discuss basic views on the competitive landscape, high-growth regions, and countries as well as their respective regulatory policies, Types ,Applications and opportunities in the market.  Diabetes is a metabolic disorder in which the body glucose level is elevated. There are two types of diabetes
Hepatitis Drug Market Hepatitis Drug Clinical Pipeline Report 2023
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990 Report Table of Contents 1. Introduction to Hepatitis Disease 1.1 Prologue 1.1.1 History of Hepatitis 1.1.2 Causes of Hepatitis Disease 1.2 Types of Viruses which are Responsible for Hepatitis Disease 2. Global Prevalence of Hepatitis Infection 3. Available Drug Classes for Hepatitis Disease Treatment 3.1 Interferon Alfa Therapy 3.2 Protease Inhibitors Therapy 3.3 Polymerase
Microcapsules Drug Delivery Market Microcapsules Drug Delivery Sales Report 2022
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990 Report Table of Contents 1. Indispensable Advent of Microcapsules 1.1 Trajectory of Microencapsulation 1.2 Why and wherefores for Microencapsulation 2. Characterization of Microcapsules 2.1 Composition of Microcapsules 2.2 Parameters Influencing Microcapsules 3. Engineering Technology of Microcapsules 3.1 Physical Manufacturing Technologies 3.2 Physicochemical and Chemical Technologies 4. Applicability of Microcapsules 4.1 Microcapsules in Pharmaceuticals 4.2 Microcapsules in Nutraceuticals
AstraZeneca’s NMOSD Drug receives orphan drug designation
April 18, 2017 Orphan Drug European Medicine Agency has Announced orphan drug designation for inebilizumab (earlier known as MEDI-551) developed by AstraZeneca PLC (AZN) for the treatment of neuromyelitis optica spectrum disorder (NMOSD). The drug has already received orphan drug status from US Food and Drug Administration (FDA). NMOSD, also called Devic’s disease, is a rare, autoimmune disorder of the central nervous system (CNS) that affects the functioning
Drug Discovery Strategies, PBPK Modeling and Drug-Drug Interaction Explored and …
This year’s 12th annual ADMET conference and exhibition promises to deliver appearances from experienced pharmaceutical professionals from ADME and PK/PD organisations such as AbbVie, GSK, Roche and Bayer when it returns to London this June. The carefully selected speaker line up will be addressing early ADME application strategies and discussing the latest technologically advanced screening and testing models along with exploring ADMET technologies which will identify properties of a drug