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Major Depressive Disorder (MDD) Treatment Market Revenue Opportunies By Key Vendors Johnson & Johnson, Pfizer, Inc., AstraZeneca plc, Merck & Co., GlaxoSmithKline plc. Sanofi S.A., and Takeda Pharmaceutical Company Limited

09-27-2018 05:47 PM CET | Health & Medicine

Press release from: Coherent Market Insights - Clinical Diagnostic

Major-Depressive-Disorder-MDD-Treatment-Industry

Major-Depressive-Disorder-MDD-Treatment-Industry

Major Depressive Disorder (MDD) also known as clinical depression is a mental health disorder which affects mood, behavior as well as appetite and sleep. The exact cause of MDD is not known, however, several factors which can increase its risk is combination of genes and stress that affects brain chemistry and reduce the ability to maintain mood stability. Imbalanced hormone, alcohol or drug abuse, certain medical conditions such as cancer or hypothyroidism, and some adverse effects of medication such as steroids can also lead to MDD.
Changing lifestyles such as work pressure, alcohol abuse, and others has resulted in increasing prevalence of MDD, which is expected to drive market growth over the forecast period. For instance, according to an article published in National Center for Biotechnology Information 2015, MDD is the most common psychiatric disorder in India and the lifetime prevalence of MDD is 10–25% for women, and 5–12% for men.

Increasing FDA approval for new drugs is expected to drive major depressive disorder (MDD) treatment market growth in the near future.

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Major depressive disorder treatment market is witnessing a dynamic change, where patents for drugs such as Cymbalta and Abilify has expired recently, and revenue generated from these drugs plummeted with the introduction of generics. Therefore, approval of new drugs such as Levomilnacipran, Brintellix, and Rexulti (brexpiprazole) is a primary driver for this market growth. FDA approved levomilnacipran — a new serotonin-norepinephrine reuptake inhibitor (SNRI) — for major depressive disorder (MDD) in adults in 2013. In the same year, Takeda Pharmaceutical Company Limited and H. Lundbeck A/S announced the FDA approval for Brintellix (vortioxetine) for the treatment of adults with major depressive disorder (MDD). Rexulti (brexpiprazole) tablets received approval from FDA as an add-on treatment to an antidepressant medication to treat adults with major depressive disorder (MDD) in July, 2015. These approvals are expected to provide more option to patients suffering from MDD, and this is expected to support the major depressive disorder treatment market growth.

Major Depressive Disorder (MDD) Treatment Market: Competitive Key Vendors
Key players operating in the major depressive disorder treatment market include Eli Lilly and Company, Allergan, Alkermes, Lundbeck, Johnson & Johnson, Pfizer, Inc., AstraZeneca plc, Merck & Co., GlaxoSmithKline plc. Sanofi S.A., and Takeda Pharmaceutical Company Limited.

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Major Depressive Disorder (MDD) Treatment Market Taxonomy

The major depressive disorder (MDD) treatment market is segmented on the basis of product type and geography

On the basis of product type, major depressive disorder (MDD) treatment market is segmented into:
• Drug Type
• Antidepressants
 Selective Serotonin Reuptake Inhibitors (SSRIS)
 Lexapro (Escitalopram)
 Viibryd (Vilazodone)
 Dopamine Norepinephrine Reuptake Inhibitor
 Serotonin Norepinephrine Reuptake Inhibitor
 Cymbalta (Duloxetine)
 Effexor (Venlafaxine)
 Fetzima (Levomilnacipran)
 Savella (Milnacipran)
 Pristiq (Desvenlafaxine)
 Serotonin Modulators
 Norepinephrine-Serotonin Modulator
 Tricyclics and Tetracyclics
• Atypical Antidepressants
• Antipsychotics
 Abilify (Aripiprazole)
 Seroquel XR (Quetiapine XR)
 Rexulti (Brexpiprazole)
• Neuromodulators
• Stem Cell Therapy

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Coherent Market Insights
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