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09-16-2024 03:21 PM CET | Health & Medicine

Press release from: DataM Intelligence 4market Research LLP

๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ-๐‘๐ž๐ฌ๐ข๐ฌ๐ญ๐š๐ง๐ญ ๐ƒ๐ž๐ฉ๐ซ๐ž๐ฌ๐ฌ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ || 2024-2031

๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ-๐‘๐ž๐ฌ๐ข๐ฌ๐ญ๐š๐ง๐ญ ๐ƒ๐ž๐ฉ๐ซ๐ž๐ฌ๐ฌ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ || 2024-2031

The global Treatment-Resistant Depression Market is projected to experience significant growth with a high CAGR during the forecast period (2024-2031).

Treatment-Resistant Depression (TRD) refers to a form of major depressive disorder (MDD) in which patients do not respond adequately to standard treatments, such as antidepressants or psychotherapy. Typically, a person is considered to have TRD when they have tried at least two different antidepressant medications, each for an adequate duration and dosage, without experiencing significant improvement in their symptoms. This condition requires more intensive treatment strategies, which may include a combination of medications, electroconvulsive therapy (ECT), or newer treatments like transcranial magnetic stimulation (TMS) or ketamine therapy.

Get a Free Sample Research PDF - https://www.datamintelligence.com/download-sample/treatment-resistant-depression-market

Key Developments:

โœ” August 19, 2022: The U.S. FDA approved AUVELITYโ„ข (dextromethorphan HBr-bupropion HCl) extended-release tablets for the treatment of major depressive disorder (MDD) in adults.

โ€ข Developed by Axsome Therapeutics, Inc., a biopharmaceutical company focused on therapies for central nervous system (CNS) disorders.

โœ” January 30, 2023: Otsuka Pharmaceutical Co., Ltd. submitted a Japanese application for Rexulti (brexpiprazole) as an adjunct therapy for MDD and depressive states.

โ€ข This application is limited to patients who have not responded well to prior antidepressant therapy.

โ€ข A phase 3 clinical trial involving 740 adult MDD patients in Japan (ages 20-64) demonstrated the safety and efficacy of brexpiprazole as an additional treatment.

Market Dynamics:

โœ” Developed economies have seen rapid growth in healthcare sectors due to high investments, income levels, and infrastructure development.

โœ” Rising cases of treatment-resistant depression (TRD) are linked to increased lung cancer cases in some regions.

โœ” Collaborations, acquisitions, and product launches with technological advancements are key drivers of market growth.

Market Segmentation:

By Drugs: Antipsychotics (Aripiprazole (Abilify), Brexpiprazole (Rexulti), Quetiapine (Seroquel), Olanzapine (Zyprexa), Selective Serotonin Reuptake Inhibitors (SSRIs) (Fluoxetine (Prozac), Sertraline (Zoloft), Citalopram (Celexa), Paroxetine (Paxil), Serotonin and Noradrenaline Reuptake Inhibitors (SNRIs) (Duloxetine (Cymbalta), Venlafaxine (Effexor XR), Desvenlafaxine (Pristiq), Monoamine Oxidase Inhibitors (MAOIs) (Phenelzine (Nardil), Isocarboxazid (Marplan), Others.

By Route of Administration: Oral, Injectable, Others.

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.

Get Customized Report: https://www.datamintelligence.com/customize/treatment-resistant-depression-market

Major Key Players:

โ€ข Pfizer Inc.
โ€ข Viatris Inc.
โ€ข Novartis AG
โ€ข AbbVie Inc.
โ€ข Eli Lilly and Company
โ€ข Otsuka America Pharmaceutical, Inc.
โ€ข AstraZeneca
โ€ข Camber Pharmaceuticals, Inc.
โ€ข Biodesix
โ€ข Validus Pharmaceuticals

*Note:

โ€ข Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.

Related Reports:

Psychedelic Drugs Market: https://datamintelligence.com/research-report/psychedelic-drugs-market

Psychotherapeutic Drugs Market: https://datamintelligence.com/research-report/psychotherapeutic-drugs-market

Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing

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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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