Press release
Stress Disorder Treatment Market Present Scenario and Growth Prospects, 2020-2030
Stress disorder is a mental health condition caused by either experiencing or witnessing a terrifying event. It can also occur after a traumatic event such as an accident, surgery, fracture, or burn injury.There are basically two types of stress disorders: acute stress disorder and posttraumatic stress disorder. Stress disorders are caused by witnessing a traumatic event and occurs within one month of the traumatic event. It may last for three to five days and can persists up to one month.
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Common causes or traumatic events may include battlefield war, accidents, death, threat of death to oneself or others, threat of serious injury, and threat to physical integrity
Common symptoms of stress disorders include reduced awareness about surroundings, sense of numbness, detached, recurrent memories of unwanted events, and severe emotional distress
Common treatment for stress disorders includes cognitive behavioral therapy, anxiety medications, selective serotonin reuptake inhibitors (SSRIs), and antidepressants
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Stress Disorder Treatment Market: Key Drivers
High prevalence and rise in incidence of various stress disorders and chronic pain across the globe is estimated to drive the market during the forecast period
According to U.S. Department of Veteran Affairs, between 6% and 33% of people experiencing traumatic event can develop stress disorders
It is also estimated that around 50 million adults in the U.S. are affected with chronic pain, and the number is expected to rise due to growing cancer survival rates, obesity, diabetes, and ageing population
Significant large number of accident cases, burn injuries, and surgical procedures are also key factors that are likely to propel the market during the forecast period
Posttraumatic Stress Disorder Segment to Dominate Global Market
In terms of type, the global stress disorder treatment market can be classified into posttraumatic stress disorder, and acute stress disorder. The posttraumatic stress disorder segment is projected to dominate global market during the forecast period.
Large number of accident incidences, postoperative pain, and growing number of patients with arthritis are major factors that are projected to drive the segment in the near future
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Selective Serotonin Reuptake Inhibitors (SSRIs) Segment to Dominate the Market
In terms of drugs, the global stress disorder treatment market can be classified into selective serotonin reuptake inhibitors (SSRIs) and antianxiety drugs. The selective serotonin reuptake inhibitors segment is projected to dominate global market during the forecast period.
SSRIs are commonly prescribed medication for the treatment of depression, primarily due to fewer side-effects and higher effectiveness of the drugs in the treatment of stress disorders
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Retail pharmacy Segment to Dominate the Market
Based on distribution channel, the global stress disorder treatment market can be classified into hospital pharmacy, retail pharmacy, and online pharmacy. The hospital pharmacy segment is projected to dominate the global market during the forecast period.
The retail pharmacy segment is projected to dominate the global market during the forecast period. Easy availability and accessibility of treatment medications at these stores, comparatively large number of stores, and low cost are key factors that are likely to contribute to the dominant share of the segment during the forecast period.
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