US Depression Drugs Market Notable Growth in CAGR +5% by end 2027| Alkermes Plc, Allergan Plc, Bristol Myers Squibb Co., Eli Lilly and Co., GlaxoSmithKline Plc

Depression drugs, or antidepressants, are a range of medications that are consumed for the treatment of mental disorders such as social anxiety and depression.

U.S. Depression Drugs Market is expected to grow at a CAGR of +5% during 2021-2027.

They are intended to balance the functioning of neurotransmitters such as serotonin in the brain, thus controlling the mood and emotions of the patient. Depression and related mental disorders are characterized by the absence of positive emotions, constant low mood, and numerous cognitive, physical, behavioural, and emotional symptoms.

These drugs can assist in relieving the symptoms of anxiety, seasonal affective disorder, and dysthymia.

Key Players
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., and Takeda Pharmaceutical Co. Ltd.

The growing prevalence of major depressive disorders across U.S. is the key factor driving the growth of the market. Depression in adolescents and adults is increasing due to several factors including social isolation, improper dietary habits, and work-life imbalance.

Furthermore, the increasing geriatric population across the U.S. that suffers from isolation from family and friends, along with other health-related issues, are also augmenting the growth of the market.

However, there is rising awareness about depression as a psychological issue and methodologies to cure it, which has enhanced the adoption of these drugs among patients of all age groups.

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The key drivers, opportunities, difficulties and the forthcoming trends of the US Depression Drugs Market is well explained to the viewers for their better understanding. Similarly, its key products, end users, applications and technological details are emphasized in this report.

It also examines the growth status in the regions like North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The major difficulties that can hinder the growth of the market is also mentioned in the report.

Market Segmentation
By Drug Class - Atypical Antipsychotics, Serotonin-Norepinephrine Reuptake Inhibitors (SNRIs), Selective Serotonin Reuptake Inhibitors (SSRIs), Central Nervous System (CNS) Stimulants, Tricyclic Antidepressants, Monoamine Oxidase Inhibitors, and others.

By Distribution Channel - Hospitals, retail, online and other pharmacies.

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Regional Analysis:
• The United States
• Canada
• Rest of North America

Key highlights of the US Depression Drugs Market:
- Full in-depth analysis of the parent market.
- Detailed information on factors that will accelerate the growth of the US Depression Drugs Market during the next five years.
- Accurate predictions on upcoming trends and changes in consumer behavior.
- Former, on-going, and projected market analysis in terms of volume and value.
- The growth of the US Depression Drugs industry across the Americas, APAC, and EMEA.
- Comprehensive details on factors that will challenge the growth of US Depression Drugs companies.

US Depression Drugs Market is being adopted mainly by manufacturing firms and chemical-based companies to reduce water wastage and for efficient use of their resources. Autocollimator’s technology helps organizations for identification of network problem, enhances customer engagement in water conservation and most prominently used to reduce non-revenue water losses due to damage of infrastructure.

Detailed TOC of US Depression Drugs Market Research Report-
– US Depression Drugs Market Introduction and Market Overview
– US Depression Drugs Market, by Application
– US Depression Drugs Market Industry Chain Analysis
– US Depression Drugs Market, by Type
– Industry Manufacture, Consumption, Export, Import by Regions
– Industry Value ($) by Region
– US Depression Drugs Market Status and SWOT Analysis by Regions
– Major Region of US Depression Drugs Market
i) US Depression Drugs Market Sales
ii) US Depression Drugs Market Revenue & market share
– Major Companies List
– Conclusion

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This release was published on openPR.