Depression Screening Market Competitive Analysis 2019: Johnson & Johnson Services, AstraZeneca, Eli Lilly and Company, Janssen Global Services, LLC., Solvay, Abbott, Jazz Pharmaceuticals, AbbVie, Vertical Pharmaceuticals, Medtronic

The market research report, such as this Depression Screening Market report, plays a chief role in developing and enhancing the strategies for sales, advertising, marketing, and promotion. To carry out competitive analysis, various strategies of the major players in the market have been considered that range from new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others which lead to an ascend of their footprints in the market. Depression Screening Market research report identifies as well as analyses the emerging trends along with major driving factors, challenges and opportunities in the market for Diagnostic Imaging industry.

This Depression Screening Market research report has been generated by considering a range of objectives of market research that are vital for the success of Diagnostic Imaging industry. Depression Screening Market report also presents an idea about consumer’s demands, preferences, and their altering likings about particular product. A data triangulation method is applied for this purpose which entails data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. It estimates CAGR values in percentages which designate the rise or fall occurring in the market for particular product for the specific forecast period.

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Market Analysis: Global Depression Screening Market

Global Depression Screening Market is expected to rise from its initial estimated value of USD 9043.06 million in 2018 to an estimated value of USD 12968.84 million by 2026 registering a CAGR of 4.61% in the forecast period of 2019-2026. This rise in the market can be attributed to the growing patient population with the medical conditions such as anxiety, depressions and mental disorders.

Market Definition: Global Depression Screening Market

Depression is a serious medical illness. It may leads to various psychotherapeutic conditions which can be classified as abnormal behavior, thoughts and feelings. These abnormal conditions sometimes occur for specific amount of time, which leads to distress or emotional or physical impairment. The causes of mental disorders are often unclear. The screening consist of physical exam is usually to rule out another medical cause for depression. The depression screening majorly focuses on neurological and endocrine systems.

Key Developments in the Market:

• In November 2018, The Health Department announced the launch of their new campaign whose main aim is expand the treatment and screening of depression in primary care setting. The campaign main motive is to fill the gap between the care taker centers and hospitals and help the providers to guide how they can ask the patients about the common symptoms of depression. This campaign will help people to be more open about their problems with the doctors and get better treatment.

• In October 2017, Cedars-Sinai Medical Center announced the launch of their new Postpartum Depression Screening Program which is specially designed for the new mothers. In this, the new mother after the two days of giving birth have to answer 9 questions which will help the doctor to analyze whether there is any symptoms of the postpartum depression or not. The main aim of the program is to provide good treatment and care to the patients if they are suffering from such depression.

Competitive Analysis:

Global depression screening market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global depression screening market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major market competitors currently working in the global depression screening market are

• Johnson & Johnson Services Inc.,

• AstraZeneca,

• Bristol-Myers Squibb Company,

• Eli Lilly and Company,

• F. Hoffmann-La Roche Ltd.,

• Novartis AG,

• Otsuka Holdings Co.,Ltd.,

• Pfizer Inc.,

• GlaxoSmithKline plc,

• Alkermes,

• ALLERGAN,

• Janssen Global Services, LLC.,

• Solvay,

• Meiji Holdings Company, Ltd.,

• Abbott,

• Jazz Pharmaceuticals, Inc.,

• AbbVie Inc.,

• Vertical Pharmaceuticals, LLC,

• ACADIA Pharmaceuticals Inc.,

• Medtronic,

• Bausch Health.,

• Validus Pharmaceuticals LLC,

• Alfasigma USA Inc.,

• Merck KGaA,

• Island Health,

• Homewood Health, Inc.,

• ROYAL OTTAWA HEALTH CARE GROUP,

• CAMH

Market Drivers

• Increasing cases of mental disorders is driving the growth of this market

• Rise in adoption of new therapies and treatments is another factor driving market

Market Restraints

• Less awareness among population about mental health disorders is restraining the market

• Less availability of treatment related to depression in the developing countries is another important factor restraining market.

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Segmentation: Global Depression Screening Market

By Disease Type

o Anxiety
o Mood Disorders
o Depression
o Bipolar Disorders
o Psychotic Disorders
o Eating Disorders
o Other Disorders

By Diagnosis

o Psychological Test
o Lab Tests
o Depression Screening Tests
o Others

By Treatment

o Medication

 Anti-Anxiety Medications
 Antidepressants
 Antipsychotic Medications
 Stimulants
 Anti-Seizures Medications
 Others

o Brain-Stimulation Treatments

 Vagus Nerve Stimulation (VNS)
 Repetitive Transcranial Magnetic Stimulation (rTMS)
 Magnetic Seizure Therapy (MST)

o Deep Brain Stimulation

By End User

o Hospitals
o Specialized Clinics
o Ambulatory Surgical Centers
o Others

By Geography

o North America

o Europe

o Asia-Pacific

o South America

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