Depression And Seasonal Affective Disorder Therapeutics Market Volume Analysis, size, share and Key Trends 2017-2027
In psychological treatment, cognitive behavioral therapy (CBT) and counseling are provided to the patient while light therapy can be done by two types: bright light treatment and dawn simulation. Medication treatment is done by prescribing the antidepressant such as SSRIs. The intake of SSRIs can lead to some side effect such as anxious, upset stomach and diarrhea.
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Depression and Seasonal Affective Disorder Therapeutics Market: Drivers and Restraints
The major driving factors for depression and seasonal affective disorder therapeutics market is the rise in geriatric population and change in lifestyle of people. The technological development tends to manufacture of more efficient drugs for the treatment of depression and seasonal affective disorder also responsible for the rapid of this market. The increasing awareness among the people about seasonal affective disorder will propel the growth of this market in developing countries. Favorable reimbursement scenario and more improved distribution network in developed countries will boost the growth of depression and seasonal affective disorder therapeutics market. The growing market for generic drugs and more preference of patient for light therapy will hinder the growth of depression and seasonal affective disorder therapeutics market. The patent expiry for the majority of the drugs and several side effect by consumption of anti-depressant can also restraint the growth of depression and seasonal affective disorder therapeutics market.
Depression and Seasonal Affective Disorder Therapeutics Market: Overview
Depression and seasonal affective disorder therapeutics market is expected to show substantial growth over the forecast period. According to survey published in SAGE Publication, 10 % of U.S. population suffers from the seasonal affective disorder. Depression and seasonal affective disorder therapeutics market can be classified on the basis of drug therapy and distribution channel. Based on depression and seasonal affective disorder therapeutics market is classified as selective serotonin reuptake inhibitors, norepinephrine-dopamine reuptake inhibitor, serotonin and norepinephrine reuptake inhibitors, monoamine oxidase inhibitors, tricyclic antidepressants and other. The selective serotonin reuptake inhibitors are expected to dominate the major market in term of value over the forecast period. The major brands of SSRI’s which are dominating the on depression and seasonal affective disorder therapeutics market are Citalopram, Escitalopram, Fluoxetine, and Sertraline.
Depression and Seasonal Affective Disorder Therapeutics Market: Regional Overview
On the basis of geographical region the depression and seasonal affective disorder therapeutics market is segmented into seven key regions, viz. North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. North America is expected to dominate the global depression and seasonal affective disorder therapeutics market due to a large number of population suffering from the seasonal affective disorder. After North America, depression and seasonal affective disorder therapeutics market is followed by Western Europe owing to advancement in technology and development of new drugs. In APEJ region India and China is will dominate the depression and seasonal affective disorder therapeutics market due to rise in geriatric population.
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Depression and Seasonal Affective Disorder Therapeutics Market: Key Players
Examples of some of the market participants in depression and seasonal affective disorder therapeutics market identified across the value chain include Janssen Pharmaceutical Inc., Pfizer Inc., Merck & Co., GlaxoSmithKline plc, Sanofi S.A., Eli Lilly and Company, Biogen Idec., Bristol-Myers Sqibb, Baxter Healthcare Corporation, Novartis AG, Shire plc, AstraZenecaplc.
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