openPR Logo
Press release

Propagation of Cognitive Behavior Therapy (CBT) Likely to Weaken Depression Drugs Demand during 2018-2026, Reports FactMR Study

04-26-2019 02:30 PM CET | Health & Medicine

Press release from: Fact.MR

Propagation of Cognitive Behavior Therapy (CBT) Likely

Presently, the depression drugs market has been struggling to showcase any significant growth. According to FactMR study, the concerned market was valued at over US$ 6.5 billion in 2017, and is anticipated to witness falling prices in the near future. This assessment is title “Depression Drugs Market Forecast, Trend Analysis & Competition Tracking – Global Review 2018 – 2026”, which estimates that revenues across the global depression drugs market are likely to decline at a -2% CAGR.  Although frequency of depression has risen in the last decade, but demand for depression drugs has experienced a prominent decline, since different forms of therapies, particularly cognitive behavior therapy (CBT) has received major traction.

The research study delivers better insight about the overall market scenario active across the depression drugs sector. Readers can receive precise information associated to crucial market factors such as market outlook, market dynamics comprising drivers, restraints, key trends, opportunities and pipeline analysis. Furthermore, in-depth knowledge associated to market value share and market forecast covering prime geographies, drug class, distribution channel and disease type are diligently discoursed in this study.

Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=3215

Demand for Depression Drugs to Receive Higher Traction from Developed Nations

Focusing at the geographical expanse of the depression drugs market, North America and Europe are marked as the largest regional markets for depression drugs at the global scenario. This leading status is acquired due to the concentration of leading market players as well as surge in R&D associated to these drugs.

On the other hand, the rising problem of mental illness such as schizophrenia and bipolar I disorder in China and India, absence of wide-ranging awareness concerning antidepressant medications (ADMs) is anticipated to adversely affect the growth of depression drugs market across the Asia Pacific region. Furthermore, different therapies of depression are as effectual as ADM, thereby, their effects are seen more lasting, which might cause an interference in forthcoming expansion of depression drugs market, specifically in Asia Pacific and Middle East & Africa.

Browse Full Report on Depression Drugs Market with In-depth TOC- https://www.factmr.com/report/3215/depression-drugs-market

Growing Fame of Tech-based Mental Health Apps Overrun the Need for Depression Drugs

As per this smart FactMR study, demand for depression drugs is experiencing a downhill situation since end-users hold more surviving options to promote. To be precise, the growing popularity of mental health apps like Headspace, Moodnotes, Calm, SuperBetter and Pacifica, has offered patients additional control on how they cope depression. In the recent years, propagation of tech apps has witnessed a major surge due to advancing actions of research that primarily uses meditation and cognitive behavior therapy as effective tools.

Competitive Surrounding

As the report finally leads to closure, readers can attain information about the leading players functioning in the depression drugs market. Each of these corporations are examined and studied in terms of company description, strategic overview, financial overview, and SWOT analysis. Some of major players included in the report are Johnson and Johnson, Takeda Pharmaceutical Company Ltd., Sebela Pharmaceutical Inc., GlaxoSmithKline, AstraZeneca, Pfizer Inc., Novartis AG, Allergan USA Inc., Otsuka Pharmaceutical Co., Ltd., Eli Lilly and Company, Alkermes Plc, H. Lundbeck, Teva Pharmaceutical Industries Ltd. and Bristol Myers Squibb Co., among others.

Request Methodology of this Report- https://www.factmr.com/connectus/sample?flag=RM&rep_id=3215

About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.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 Propagation of Cognitive Behavior Therapy (CBT) Likely to Weaken Depression Drugs Demand during 2018-2026, Reports FactMR Study here

News-ID: 1720080 • Views: 197

More Releases from Fact.MR

03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
Plastic Tray Market Showcases Future Status of Prime Manufacturers Across Major …
The new report on the global plastic tray market gives estimations of the size of the international market and the overall size and share of key regional segments during the historical assessment period of 2013 - 2017. The overall outlook for the Plastic Tray Market is likely to remain sluggish, with the plastic tray market expected to reach CAGR of 3.6% in terms of revenue during 2018-2027. The business knowledge
MRI-guided Radiation Therapy Systems Market Leading Manufacturers Expected to Mo …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global MRI-guided radiation therapy systems market as well as the factors responsible for such a growth. Our highly dedicated professionals have provided critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. Access Research Methodology Prepared By Experts - https://www.factmr.com/connectus/sample?flag=RM&rep_id=2572 We leverage space-age industrial and digitalization tools
Marine Seats Market Growing Demand to Impact Revenue Share during 2018 2028
The new report on the marine seats market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2013 - 2017. According to the report, the marine seats market is projected to grow at 4.6% CAGR through 2028. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of

All 5 Releases


More Releases for FactMR

Elevator Sales Buoyed by Pervasive Trends of Digitalization and Mixed-Use Develo …
According to a new study by FactMR, the global sales of elevators are estimated to surpass 900 thousand units in 2019. The elevators industry continues to remain influenced by various factors, which range from the resurgent growth in new residential construction, to innovative developments in modern elevator designs such as cloud predictive maintenance and intuitive technologies. The study opines that demand for elevators shows no signs of abating alongside notable
Increased Enthusiasm for Smart Tires Expected to Impact Market Proliferation, de …
FactMR has published a new study titled “Automotive Tire Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022”, which drops light on the overall market scenario prevailing in the automotive tire sector. Based on this assessment, the automotive tire market is likely to register steady growth during the forecast period until 2022. Interestingly, it is projected that the target market will acquire nearly US$ 300 billion
Horehound Supplements Sales Sustained by Regulatory Amendments Advocating their …
According to new FactMR study, worldwide sales of horehound supplements are estimated to surpass 6,200 tons in 2019. The horehound supplements industry continues to be influenced by a slew of factors, ranging from growing consumer inclination towards botanical nutraceutical supplements to R&D investments in exploring the application scope of various traditional herbs. The study assesses the horehound supplements market in detail, and offers an analysis of the macroeconomic and industry-specific
Aluminum Alloy Metal Delivers Innovative Scope to Bolster Automotive Metal Wheel …
According to this meticulously compiled research study published by FactMR, the status of automotive metal wheel market stands dubious. Fluctuations in consumer trends together with swelling demand for light weight wheels is restricting the global market expansion. In order to confer additional market factors, readers can access the research report titled “Automotive Metal Wheel Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, added to the broad
Agriculture Sprayer Sales Surge as Cognitive Solutions and Precision Equipment G …
A recent study published by FactMR estimates the agricultural sprayer sales to surpass 3 million units by 2020. The study finds that technological transformations and digitization of the agriculture industry, along with demand for new tools and production methods, will remain key to growth of the agricultural sprayers industry. Request Here For a Free Sample Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=3476 According to the study, leading manufacturers are adopting cognitive technologies to meet growing end-user
Electric Vehicles Revolution Creates Opportunities for EV Traction Motors, Revea …
According to the latest study by FactMR, global demand of EV traction motor is estimated to exceed US$ 6,000 Mn in 2019, up from US$ 5,391.9 Mn in 2018. Sales of electric vehicles and hybrid electric vehicles, upheld by a host of technological features and claims of optimal performance, are likely to boost growth of EV traction motor market in 2019 and beyond. In addition, increasing regulations and norms put in place