Press release
Global Anti-Depressant Drugs Market Expected to Experience Incremental Growth by 2030, According to DelveInsight | AbbVie, AstraZeneca, Eli Lilly, GlaxoSmithKline, H. Lundbeck AS, Johnson & Johnson, Pfizer, more
(Albany, United States) As per DelveInsight's assessment, the global antidepressant drugs market growth is driven by rising depression cases worldwide, alongside a greater understanding of depression. Additionally, the market for antidepressants is projected to expand due to numerous ongoing research initiatives, collaborations among healthcare providers, researchers, and industry stakeholders, as well as strategic partnerships. These factors are poised to contribute to the overall expansion of the antidepressant drugs market throughout the forecast period spanning 2024 to 2030.DelveInsight's "Anti-Depressant Drugs Market Insights, Competitive Landscape, and Market Forecast - 2030" report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Anti-Depressant Drugs companies actively working in the market.
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Some facts of the Anti-Depressant Drugs Market are:
• As per DelveInsight estimates, North America is anticipated to dominate the global anti-depressant drugs market during the forecast period.
• Notable anti-depressant drugs companies such as AbbVie Inc., AstraZeneca, Eli Lilly and Company, GlaxoSmithKline PLC, H. Lundbeck AS, Johnson & Johnson, Pfizer Inc., Organon group of companies, Takeda Pharmaceutical Company Limited, Novartis AG, Biogen Inc., Sage Therapeutics, Axsome Therapeutics, Fabre-Kramer Pharmaceuticals, Inc., Lupin, Teva Pharmaceutical Industries Ltd., Aurobindo Pharma, Sun Pharmaceutical Industries Ltd., Torrent Pharmaceuticals Ltd., Dr Reddy's Laboratories Ltd., and several others, are currently operating in the anti-depressant drugs market.
• In September 2023, the FDA approved a new drug Exxua by Fabre-Kramer Pharmaceuticals to treat major depressive disorder in adults.
• In August 2023, Biogen Inc. and Sage Therapeutics, Inc. announced that the US Food and Drug Administration (FDA) has approved ZURZUVAE™ (zuranolone) 50 mg for adults with postpartum depression (PPD).
• In August 2022, the FDA approved Auvelity which is an extended-release dextromethorphan/bupropion tablet intended for the treatment of major depressive disorder in adults.
Anti-Depressant Drugs Overview
Antidepressant medications are fundamental in treating depression by adjusting neurotransmitter levels in the brain. These drugs, including selective serotonin reuptake inhibitors (SSRIs) and serotonin and norepinephrine reuptake inhibitors (SNRIs), help regulate mood-related chemicals to reduce depressive symptoms. For many, antidepressants provide a way to manage the overwhelming effects of depression, improving their overall well-being and restoring a sense of normalcy.
However, the effectiveness of these medications can differ greatly between individuals, often requiring a trial-and-error approach. They may also cause side effects, making close medical supervision essential. Despite these complexities, antidepressants remain crucial in helping millions worldwide cope with depression.
To know more about why North America is leading the market growth in the Anti-Depressant Drugs market, get a snapshot of the report Anti-Depressant Drugs Market Trends - https://www.delveinsight.com/sample-request/anti-depressant-drugs-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=apr
Anti-Depressant Drugs Market Insights
In 2023, North America dominated the antidepressant drugs market, driven by factors like the growing prevalence of mental health disorders, a strong healthcare system, and continuous advancements in product development. According to the National Institute of Mental Health (NIMH), 52.9 million Americans experienced mental illness in 2020, with 21 million suffering from major depressive episodes, reflecting the high demand for antidepressant medications.
The antidepressants market is expected to expand further between 2024 and 2030, supported by new drug approvals. For instance, in September 2023, Fabre-Kramer Pharmaceuticals gained FDA approval for Exxua, a treatment for major depressive disorder with fewer side effects than existing drugs. This underscores the industry's commitment to developing better, more tolerable treatments.
Globally, mental health disorders, including depression and anxiety, affected 301 million people in 2019, according to the World Health Organization. Ongoing research and clinical trials, such as Autobahn Therapeutics' ABX-002 for major depressive disorder, are poised to drive future market growth.
However, challenges like regulatory requirements, drug safety concerns, and the stigma surrounding mental illness may hinder market expansion. Despite these barriers, North America's strong healthcare infrastructure and innovation make it a key player in the global antidepressant market.
Recent Developments in the Anti-Depressant Drugs Market Report
• In September 2023, the FDA approved a new drug Exxua by Fabre-Kramer Pharmaceuticals to treat major depressive disorder in adults.
• In August 2023, Biogen Inc. and Sage Therapeutics, Inc. announced that the US Food and Drug Administration (FDA) has approved ZURZUVAE™ (zuranolone) 50 mg for adults with postpartum depression (PPD).
To read more about the latest highlights related to Anti-Depressant Drugs, get a snapshot of the key highlights entailed in the Anti-Depressant Drugs Treatment Landscape - https://www.delveinsight.com/report-store/anti-depressant-drugs-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=apr
Key Players in the Anti-Depressant Drugs Market
Some of the key market players operating in the Anti-Depressant Drugs market include- AbbVie Inc., AstraZeneca, Eli Lilly and Company, GlaxoSmithKline PLC, H. Lundbeck AS, Johnson & Johnson, Pfizer Inc., Organon group of companies, Takeda Pharmaceutical Company Limited, Novartis AG, Biogen Inc., Sage Therapeutics, Axsome Therapeutics, Fabre-Kramer Pharmaceuticals, Inc., Lupin, Teva Pharmaceutical Industries Ltd., Aurobindo Pharma, Sun Pharmaceutical Industries Ltd., Torrent Pharmaceuticals Ltd., Dr Reddy's Laboratories Ltd., among others
Scope of the Anti-Depressant Drugs Market Report
• Coverage: Global
• Study Period: 2021-2030
• Anti-Depressant Drugs Market Segmentation By Drug Type: Selective Serotonin Reuptake Inhibitors (SSRI), Selective-norepinephrine Reuptake Inhibitors (SNRI), Tricyclic Antidepressants (TCA), Monoamine Oxidase Inhibitors (MAOI), and Others
• Anti-Depressant Drugs Market Segmentation By Application: Major Depressive Disorder (MDD), Obsessive-compulsive Disorder (OCD), General Anxiety Disorder (GAD), Panic Disorder (PD), and Others
• Anti-Depressant Drugs Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
• Key Anti-Depressant Drugs Companies: AbbVie Inc., AstraZeneca, Eli Lilly and Company, GlaxoSmithKline PLC, H. Lundbeck AS, Johnson & Johnson, Pfizer Inc., Organon group of companies, Takeda Pharmaceutical Company Limited, Novartis AG, Biogen Inc., Sage Therapeutics, Axsome Therapeutics, Fabre-Kramer Pharmaceuticals, Inc., Lupin, Teva Pharmaceutical Industries Ltd., Aurobindo Pharma, Sun Pharmaceutical Industries Ltd., Torrent Pharmaceuticals Ltd., Dr Reddy's Laboratories Ltd., among others
• Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View
Anti-Depressant Drugs KOL - Views and Insights
To keep up with the anti-depressant drugs market trends, we take KOLs and SME's opinions working in the Anti-Depressant Drugs domain through primary research to fill the data gaps and validate our secondary research. Their opinion helps to understand and validate current and emerging Anti-Depressant Drugs market trends. This will support the clients in making informed business decisions by identifying the overall scenario of the market and the unmet needs.
Reasons To Buy Anti-Depressant Drugs Market Report:
• The Anti-Depressant Drugs market report will help develop business strategies by understanding the latest trends and changing treatment dynamics driving the Anti-Depressant Drugs Market.
• To understand the existing Anti-Depressant Drugs market opportunity in varying geographies and the growth potential over the coming years.
• Identifying strong upcoming players in the Anti-Depressant Drugs market will help devise strategies that will help get ahead of competitors.
• Detailed analysis and ranking of potential current and emerging therapies under the conjoint analysis section to provide visibility around leading classes.
• To understand the perspective of Key Opinion Leaders around the accessibility, acceptability, and compliance-related challenges of existing treatment to overcome barriers in the future.
• Detailed insights on the unmet needs of the existing Anti-Depressant Drugs market so that the upcoming players can strengthen their development and launch strategy.
Which key players in the Anti-Depressant Drugs market are set to emerge as the trendsetter explore @ Anti-Depressant Drugs Market Landscape - https://www.delveinsight.com/sample-request/anti-depressant-drugs-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=apr
Table of Contents
1. Anti-Depressant Drugs Market Report Introduction
2. Anti-Depressant Drugs Market Executive Summary
3. Competitive Landscape
4. Regulatory Analysis
5. Anti-Depressant Drugs Market Key Factors Analysis
6. Anti-Depressant Drugs Market Porter's Five Forces Analysis
7. Anti-Depressant Drugs Market Layout
8. Anti-Depressant Drugs Market Company and Product Profiles
9. KOL Views
10. Project Approach
11. About DelveInsight
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