Press release
Antidepressant Drugs Market: How Top Leading Companies Can Make This Smart Strategy Work
Antidepressant Drugs Market
According to the report by Allied Market Research, the global antidepressant drugs market is estimated to register a CAGR of 2.1% from 2017 to 2023. The research helps leading players and startups to devise new strategies based on current market trends and changing dynamics. Competitive landscape is mentioned in the report based on business segments, products portfolio, and strategic moves & developments of leading market players. Detailed segmentation assists in determining growing segments and determining further steps to capitalize on lucrative segments. Regional landscape is helpful in determining opportunities and driving factors of each region and taking further steps.
North America is the highest contributor in the antidepressant drugs market in 2016; however, Asia-Pacific is expected to witness the highest growth rate during the forecast period.
Click Here To Access Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/2593
Depression affects a person's thoughts, behavior, feelings and sense of well-being and is caused due to biological, genetics, environment, and psychological factors. The symptoms usually include low mood and aversion to physical activity. Depression is more common in women than men. Depression drugs works by fixing chemical imbalance such as lack of serotonin in the brain. Antidepressants helps in the treatment of depression by maintaining balance of various hormones and chemicals in the brain. Although effective treatments are available, many individuals with depression do not have access to treatment or do not take treatment, mainly due to lack of knowledge and social stigma.
The rise in geriatric population, increase in prevalence of depression, and emergence of novel techniques for the development of drugs with fewer side-effects majorly drive the market growth. Furthermore, increase in awareness regarding the disease state and rise in number of people suffering from stress can fuel the growth of the antidepressant drugs market. However, poor efficacy and safety profiles of the drug, preference for non-pharmacological therapies, and increase in number of patent expiration of antidepressants that lead to weak pipeline are expected to hamper the market growth.
Inquire Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/2593
Among the depressive disorder, major depressive disorder is the dominant segment as majority of the people are usually diagnosed with this disorder due to increase in stress levels. However, obsessive compulsive disorder is the fastest growing segment due to increase in the number of drugs for this disorder.
Among the product, selective serotonin reuptake inhibitors dominate the market owing to the large number of prescription of this drugs and large number of clinical trials for these drugs.
In 2016, North America was the dominant revenue contributor, owing to the high prevalence rate of depression, presence of high disposable income, and increase in number of prescriptions for antidepressants. However, Asia-Pacific is expected to witness the highest CAGR during the analysis period, attributable to presence of populace countries such as India and China leading to large number of people suffering from depression and rise in healthcare expenditure.
The Major Key Players Are:
• Alkermes Plc
• Allergan Plc
• Bristol Myers Squibb Co.
• Eli Lilly and Co.
• GlaxoSmithKline Plc
• H. Lundbeck
• Merck & Co., Inc.
• Pfizer Inc.
• Teva Pharmaceutical Industries Ltd.
• Takeda Pharmaceutical Co. Ltd.
Access Full Report @ https://www.alliedmarketresearch.com/antidepressants-drugs-market
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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 Antidepressant Drugs Market: How Top Leading Companies Can Make This Smart Strategy Work here
News-ID: 2159373 • Views: …
More Releases from Allied Market Research
Global DNA Vaccine market to Hit $774.43M by 2030 (6.3% CAGR) Driven by Rising C …
DNA vaccines represent a groundbreaking approach to immunization, leveraging the power of genetics to stimulate a robust immune response. Unlike traditional vaccines that use weakened or inactivated pathogens, DNA vaccines introduce a small piece of genetic material to instruct cells to produce specific proteins that trigger an immune response. This article explores the potential of DNA vaccines, highlighting their unique advantages, advancements, and the transformative impact they may have on…
Aviation Weather RADAR Market Strategies, In-depth Analysis, Key Players and Geo …
The aviation weather RADAR system is the tool used by pilots for strategic and tactical planning of a safe flight trajectory. Each aircraft has a radar antenna mounted in the nose of the aircraft. This antenna catches signals, which are then processed by a computer, enabling the pilots to view the same and make necessary weather predictions. Since the aviation industry is highly competitive, the generated profits are attributed to…
Chocolate Couverture Market by Growth, Emerging Trends and Forecast by 2023-2032
Chocolate couverture is high-quality chocolate with extra cocoa butter, which imparts glossy texture, and is used to cover sweets and cakes. Couverture chocolate bars contain cocoa solids, cocoa butter, sugar, and other basic chocolate bar ingredients. The major change is with the texture of cocoa that is ground to a finer texture than regular chocolates and contains more cocoa butter. Various forms of chocolate coverture are available in the market…
Trends in Polyvinyl Butrayl (PVB) Films for Automobile Market 2026: Transforming …
As per the report published by Allied Market Research, the global polyvinyl butrayl (PVB) films for automobile market was pegged at $189.2 million in 2021, and is expected to reach $227.8 million by 2031, growing at a CAGR of 4.7% from 2022 to 2031.
The report provides an in-depth analysis of top segments, changing market trends, value chain, key investment pockets, competitive scenario, and regional landscape. The report is…
More Releases for Antidepressant
Antidepressant Drugs Market to Reach USD 23.4 Billion by 2034
Increasing global depression prevalence, expanding telepsychiatry services, and the introduction of fast-acting antidepressants propel strong market growth across regions.
Download Full PDF Sample Copy of Market Report @
https://exactitudeconsultancy.com/request-sample/49919
Introduction
The global Antidepressant Drugs Market is experiencing robust expansion as awareness, diagnosis rates, and acceptance of mental health treatments climb worldwide. With major depressive disorder (MDD), anxiety disorders, and mood-related conditions rising across populations, the need for safe, effective, and fast-acting antidepressants has…
Antidepressant Drugs Market is Dazzling Worldwide and Forecast to 2031
The global antidepressant drug market is expected to grow at a significant CAGR during the forecast period. Antidepressants are used for the treatment of all age group patients suffering from clinical and anxiety depression and are further used for regulating mood. As per the Centers for Disease Control and Prevention (CDC), during the period, 2011-2014, 12.7% of people aged 12 and overtook antidepressant medication. This, in turn, reflects the increasing…
Antidepressant Drugs Market to Witness Astonishing Growth by 2029
The global antidepressant drug market is expected to grow at a significant CAGR during the forecast period. Antidepressants are used for the treatment of all age group patients suffering from clinical and anxiety depression and are further used for regulating mood. As per the Centers for Disease Control and Prevention (CDC), during the period, 2011-2014, 12.7% of people aged 12 and overtook antidepressant medication. This, in turn, reflects the increasing demand for…
Antidepressant Drugs Market to Encounter Countless Growth Opportunities by 2028
The depression is the mood disorder that give a continue feeling of sadness and loss of interest. There are many factors which leads to the depression such as inherited traits, hormones, stress, brain chemistry which can cause the depression. The antidepressants help to maintain the balance between the brain chemistry and hormonal changes which is used for treatment of depression. Depression require long time of treatment it can be treated…
Stakeholders: Antidepressant Drugs Market boom in Coming Year
The global antidepressant drugs market is estimated to surpass $18,762.4 million by 2027, exhibiting a CAGR of 2.9% from 2020 to 2027.
OFFERINGS OF THE REPORT:
The report offers comprehensive analysis of the global antidepressant drugs market by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market.
The report also sheds light on…
Antidepressant Drugs Market Analysis and Advancements Outlook 2019 - 2025
The report titled "Antidepressant Drugs Market" report will be very useful to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, SWOT analysis, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.
The Antidepressant Drugs market was…
