Depression Therapeutics Market is driven by rising prevalence of depression globally

0
1K

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

Zoeken
Categorieën
Read More
Other
The Rise of the AI Hiring Agent: Smarter, Faster, Fairer Hiring
In today’s evolving hiring landscape, businesses are under pressure to fill roles faster,...
By Shreya Sphinx 2025-07-23 11:10:59 0 118
Other
提升語文競爭力的秘密:學好中文從選對補習開始
在多語言社會中,中文的影響力不容忽視。無論是在香港、台灣,甚至是歐洲的華人社區,越來越多學生與家長開始關注如何有效提升中文能力。然而,市面上的教學資源琳瑯滿目,要如何選擇一個真正具質素的課程?本...
By John4 Jon9 2025-06-10 20:04:49 0 598
Other
Motion Control Market to Witness Major Growth by 2088
Motion Control Market Overview and Insights: IMR posted new studies guide on Motion Control...
By Krupa Shah 2025-05-23 14:59:51 0 565
Health
Emerging Technologies in the STD Diagnostics Market
STD Diagnostics Market: Growth, Trends, and Future Outlook 2035 The STD diagnostics...
By Rahul Kapure 2025-06-06 11:55:32 0 696
Other
Two Wheeler Crash Guard Market Size, Share, Trends, Global Demand, Growth and Opportunity Analysis
"Executive Summary Two Wheeler Crash Guard Market : The global two wheeler crash guard...
By Nshita Hande 2025-06-13 09:11:53 0 464