Anti-Suicide Drugs Market Boosting Growth By Top Players Pfizer, Inc., AstraZeneca plc, Eli Lilly and Company, Allergan plc, GlaxoSmithKline plc, Merck & Co., Inc., Lundbeck A/S, NeuroRx, Inc., and Johnson & Johnson

Anti-Suicide Drugs Market is expected to have a highly positive outlook for the next five years 2018–2026 according to a recently released Anti-Suicide Drugs Market research report. The report has been added in his large database by Coherent Market Insights.”

The major takeaways in the report are product segment analysis, application segment analysis, regional segment analysis and data of the major Anti-Suicide Drugs Market players from around the world. The report presents an introductory as well as detailed information about the Anti-Suicide Drugs Market through a well-organized layout divided into easy to understand chapters.

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Some of the potential drug candidates used for treatment of suicidal ideation include N-Methyl-D-aspartate receptor (NMDAR) agonists and antagonist. Key players in the market are focused on developing anti-depressants and anti-psychotic drugs for treatment of patients at high risk of suicide. The global anti-suicide drugs market is majorly driven by off-label recommendations and prescriptions of anti-depressants, anti-anxiety, and anti-psychotic drugs.

Suicide is one of the major economic burdens for various countries. According to the World Health Organization (WHO), over 800,000 people commit suicide annually. Most of the suicidal deaths occur in Asia, Africa, and Eastern Europe. Some of the organizations such as Stop Suicide, Yellow Ribbon Suicide Prevention Program, and American Foundation for Suicide Prevention are some of the leading organizations working for preventing suicides. Furthermore, high prevalence of suicidal attempts and death is propelling demand for development of novel drugs for growth of the anti-suicide drugs market.

Market Dynamics

Off-label use of these drugs for suicidal ideation has been a practice for years, as there are no approved anti-suicide specific drug yet. However, the dynamics is expected to change in the following few years with the launch of first oral therapeutic drug for acute suicidal ideation. This would disrupt the use of antidepressants and anti-psychotic drugs for the treatment of suicidal tendencies. Suicidal incidences are high in low and middle income countries according to the WHO 2016 statistics. Although the incidence in Asia, East Africa, and Eastern European region is high, these regions lag in terms of availability of affordable medications and healthcare facilities. Therefore developed economies of North America and Western Europe are key target regions for manufacturers in the near future. Rampant economic growth and projected strengthening of the healthcare infrastructure in emerging economies in towards the first half of the following decade is projected to shift the focus of these companies towards highly populous regions of India and China in the long run.

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Detailed Segmentation:

Global Anti-Suicide Drugs Market, By Chemistry Type:
Anti-Depressants and Anti-Anxiety Drugs
Anti-Psychotic Drugs
NMDA Antagonist
Antibiotic Analog

Competitive Analysis

Key companies covered as a part of this study include Pfizer, Inc., AstraZeneca plc, Eli Lilly and Company, Allergan plc, GlaxoSmithKline plc, Merck & Co., Inc., Lundbeck A/S, NeuroRx, Inc., and Johnson & Johnson

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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