Depression Therapeutics Market is driven by rising prevalence of depression globally

0
2KB

Depression therapeutics are medicines or combinations of medicines prescribed to patients suffering from depression to alleviate depression symptoms. Some examples of depression therapeutics include selective serotonin reuptake inhibitors (SSRIs), serotonin-norepinephrine reuptake inhibitors (SNRIs), atypical antidepressants, anti-anxiety drugs and others. These drugs are designed to correct chemical imbalances in the brain that may be linked to depression symptoms like stress, low self-esteem, change in appetite, lack of motivation, sleep issues, irritability and more. Depression is a debilitating disorder affecting mental health and overall wellbeing of individuals. Rising prevalence of depression owing to stressful life events, social isolation, genetic factors and lack of exercise is a key factor driving the demand for effective depression therapeutics.

Depression Therapeutics Market is estimated to be valued at USD 14.09 Bn in 2025 and is expected to reach USD 19.17 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2025 to 2032.

Key Takeaways

Key players operating in the Depression Therapeutics market include Johnson & Johnson, Pfizer, GlaxoSmithKline, Eli Lilly and Company, AstraZeneca, Allergan and others. These players are extensively focussing on developing novel drug formulations and combinations to offer enhanced efficacy and minimize side effects for improved patient compliance.

Growing prevalence of Depression Therapeutics Market Demand has been a key factor fueling the demand for effective depression therapeutics. According to WHO, over 264 million people suffer from depression worldwide. Favorable government support and initiatives to spread awareness about depression treatment are contributing towards growing market demand.

Get More Insights On- Depression Therapeutics Market

Suche
Kategorien
Mehr lesen
Networking
How Do You Write a Press Release for an NFT Project?
In traditional finance, announcements are made through formal filings and major financial news...
Von Crypto Pressrelease 2025-09-05 11:28:33 0 335
Food
Netherlands Diabetes Device Market Insights 2025-2033| Growth & Opportunity Analysis
Netherlands Diabetes Device Market Forecast Report (2024-2032) Market Overview:The Netherlands...
Von Renub Research 2025-05-05 10:24:44 0 820
Andere
Polymer Dispersions Market: Trends and Growth Opportunities
"Executive Summary Polymer Dispersions Market: Share, Size & Strategic Insights CAGR...
Von Dbmr Dbmr 2025-08-04 08:25:41 0 163
Andere
Dubai Call Girls +971582911629
Dubai Escort Agency are unique and will provide you with an unforgettable experience. These...
Von Komal Gupta 2025-06-30 11:40:41 0 810
Sports
Why Every Aspiring College Volleyball Player Needs a Recruiting Video
For aspiring college volleyball players, talent alone is no longer enough to catch the attention...
Von Sports Reelz 2025-08-06 08:55:33 0 324
Bundas24 https://www.bundas24.com