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