Anxiety Disorders and Depression Treatment Market Segment Overview and Forecast to 2032
The global Anxiety Disorders and Depression Treatment Market is expected to be worth roughly $11.2 billion in 2021. The market is estimated to be valued around US$ 16.1 billion by the end of 2032, with a CAGR of 3.4% over the next 10 years. Market growth is likely to accelerate in the next years as a result of collaborative efforts to raise public awareness by pharmaceutical firms, non-governmental organisations (NGOs), mental health organisations, and government initiatives.
According
to Future Market Insights, the Anxiety Disorders and Depression Therapy Market
is predicted to generate $11.5 billion in revenue by 2022. As a result of the
enormous financial and emotional load on individuals, families, and society as
a whole, mental health illnesses are becoming more widespread among adults
globally. According to the World Health Organization, the cost of mental health
issues in affluent countries ranges between 3% and 4% of GDP. As a result, it
is expected that the government's goal of decreasing the financial burden of
these disorders will increase product demand and promote timely treatment of
anxiety and depression.
Competitive
Landscape
Several
players are headquartered in emerging nations as a result of technological
advancements. Yet, as a result of modern connection, these participants have
also penetrated emerging markets and are attempting to establish an industry in
these nations.
The key companies operating in the Anxiety Disorders and
Depression Treatment Market include
Pfizer Inc, H. Lundbeck A/S, Glaxo Smithkline pharmaceuticals ltd, Merck &
Co., Inc, Eli Lilly & Company, AstraZeneca, H. Lundbeck A/S, Bristol-Myers
Squibb, Johnson & Johnson, AbbVie Inc., Sanofi, Novartis AG, Forest
Laboratories, Inc., Alembic
pharma, Janssen Pharmaceutical N.V., and Cadent Therapeutics.
Read More@ https://www.futuremarketinsights.com/reports/anxiety-disorders-and-depression-treatment-market
Key Segments Covered in Anxiety Disorders and Depression
Treatment Market Survey
Anxiety Disorders and Depression Treatment Market by Drug
Class:
- Antidepressants
- Anxiolytics
- Anticonvulsants
- Noradrenergic Agents
- Atypical Antipsychotics
Anxiety Disorders and Depression Treatment Market by
Indication:
- Anxiety
- Depression
Anxiety Disorders and Depression Treatment Market by
Distribution Channel:
- Hospital Pharmacy
- Retail Pharmacy
- Online pharmacy
Comments
Post a Comment