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

Rechercher
Catégories
Lire la suite
Autre
Global Laser Delivery Cable Market Forecast 2025–2032: Growth Opportunities and Business Strategies
Global Laser Delivery Cable Market size was valued at US$ 387.90 million in 2024 and is projected...
Par Dinesh Shelar 2025-07-22 10:30:12 0 351
Networking
Last-Minute Summer Vacation Deals for Indians 2025
  Introduction As international travel rebounds in 2025, Indian tourists are eyeing...
Par Actowiz Solustions 2025-08-22 09:20:42 0 1KB
Autre
Beckham Vibe Fragrance – A Modern Blend of Energy, Style, and Sophistication
Beckham Vibe fragrance captures the true spirit of modern masculinity — confident, fresh,...
Par Mark Cummins 2025-10-29 06:00:36 0 60
Health
PET MRI Systems Market is driven by rising oncology applications
Positron Emission Tomography-Magnetic Resonance Imaging (PET MRI) systems integrate functional...
Par Kajalpatil Patil 2025-04-30 06:42:01 0 935
Networking
Leverage AI-Powered Navratri Discounts & Sale Data Scraping
How Can AI-Powered Navratri Discounts & Sale Data Scraping Transform Festive Season Business...
Par IWeb Scraping 2025-09-11 11:53:19 0 340
Bundas24 https://www.bundas24.com