Press release
Global Antidepressants Market Projected to Reach USD 35.6 Billion by 2031 Amid Increasing Mental Health Awareness and Drug Innovation
Antidepressants are no longer viewed solely through a clinical lens-they now form part of broader mental wellness ecosystems," said Dr. Ana Velasquez, mental health analyst at CVMI. "The next frontier lies in combining precision psychiatry with digital engagement and culturally responsive care.
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Key Numbers:
• 2024 Market Value: USD 20.5 billion
• 2031 Market Value: USD 35.6 billion
• Seven-Year CAGR: 8.4 percent
• SSRIs Share (2024): 42%
• North America Market Share: 39%
Market Drivers:
• Digital-first prescribing and therapy access
• Global destigmatization of mental illness
• Strong clinical data for treatment-resistant depression drugs
• Regulatory acceleration of novel psychotropic approvals
Company Highlights:
• Pfizer scaled Zoloft generic access across Southeast Asia.
• Johnson & Johnson expanded Spravato trials for PTSD and suicidal ideation.
• Eli Lilly invested in digital platforms for personalized dose titration.
• Lundbeck acquired U.S.-based behavioral health firm to bolster real-world insights.
Regional Insights:
• North America: High treatment rates and payer coverage for branded antidepressants.
• Europe: Widespread reimbursement and prescription of SSRIs and SNRIs.
• Asia-Pacific: Government-funded awareness campaigns and e-pharmacy expansion.
• Latin America & MEA: New mental health laws enabling wider antidepressant access.
For more insights, visit https://clearviewmarketinsights.com/
Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369
About Clearview Market Insights:
Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
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