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Asia-Pacific Anxiety and Depression Treatment Market Predicted to Surge in Coming Years
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With increasing age, the chances of stress conditions in people surge sharply, which, in turn, pushes up the requirement for anxiety and depression treatment products and treatments. Geriatric people suffer from loss in various capabilities related to the functioning of the body. This when coupled with their reducing socioeconomic status makes them highly vulnerable to mental health issues such as depression and anxiety. Besides this, the growing public awareness about mental health issues is also driving the market advancement.
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In the U.S., the National Alliance on Mental Illness (NAMI), which is a mental health organization providing support, treatment, and education on mental illness, was set up in 1979. These initiatives and measures are massively propelling the demand for anxiety and depression products and treatment procedures all over the world. Depending on product type, the market is divided into devices and drugs. Between these, the drugs category held higher market share in the past.
Therefore, it can be safely said that the market will exhibit rapid expansion across the world in the forthcoming years, primarily because of the growing prevalence of mental health diseases and the growing public awareness about these diseases and the treatment procedures available for these diseases.
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