Depression Therapeutics Market is driven by rising prevalence of depression globally

0
2K

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

Căutare
Categorii
Citeste mai mult
Alte
Growing Awareness of Hygiene and Aging Population Accelerate Global Adult Diapers Market Growth
"Global Demand Outlook for Executive Summary Adult Diapers Market Size and Share The...
By Komal Galande 2025-10-09 04:47:58 0 98
Alte
Buy Perfume Online in Pakistan
Buy Perfume Online in Pakistan: The Complete Guide to Scent Shopping from Home In a world where...
By Rising Star 2025-09-30 19:26:34 0 682
Alte
Why Is Astro Taxi the Sherwood Park Taxi Everyone Talks About?
Write somethingIf you live in or around Sherwood Park, chances are you’ve searched...
By Flat Rate Cabs Sherwood Park Taxi 2025-06-19 23:30:45 0 1K
Wellness
The Seiko NH36 Movement Kit: A Comprehensive Guide
For watch enthusiasts and DIY watchmakers, the Seiko NH36 movement kit is a popular...
By Rotate Watches 2025-10-10 13:02:42 0 400
Alte
North America Liquid Filtration Market Grows with Increasing Industrial Wastewater Treatment Requirements
Executive Summary North America Liquid Filtration Market : CAGR Value The North...
By Ksh Dbmr 2025-07-07 08:00:26 0 487
Bundas24 https://www.bundas24.com