Antidepressant Drugs Market Size, Share & Forecast to 2025
Brand Essence Market Research has recently developed a report on the ‘Antidepressant Drugs market’ which presents substantial inputs about the market size, market share, regional trends, and profit projection of this business sphere. The report also enlightens users regarding the foremost challenges and existing growth tactics implemented by the leading organizations that constitute the dynamic competitive gamut of this industry.
Antidepressant Drugs Market is valued at USD 13.69 Billion in 2018 and expected to reach USD 15.88 Billion by 2025 with the CAGR of 2.15% over the forecast period.
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Scope of Antidepressant Drugs Market Report:
Antidepressants are a type of drugs that decreases symptoms of depressive disorders by acting against chemical imbalances of neurotransmitters in brain. Antidepressants drugs are used for treatment of depressive disorder, anxiety disorders, chronic pain conditions and to manage some addictions. Antidepressants have some side effects such as dry mouth, weight gain, dizziness, headaches, sexual dysfunction and sometimes increased thoughts of suicide when taken by children, young adults and adolescents. After stopping antidepressants, a discontinuation syndrome can occur and this resembles recurrent depression.
Key Players for Global Antidepressant Drugs Market Reports–
Global Antidepressant Drugs market report covers prominent players like Alkermes Plc, Allergan Plc, Bristol Myers Squibb Co., Eli Lilly and Co., GlaxoSmithKline Plc, H. Lundbeck, Eli Lilly and Co., Merck & Co. Inc., Pfizer Inc., and Takeda Pharmaceutical Co. Ltd Teva Pharmaceutical Industries Ltd., AstraZeneca, Johnson & Johnson, and others.
Global Antidepressant Drugs Market Segmentation –
By Depressive Disorder:
• Major Depressive Disorder
• Obsessive-Compulsive Disorder
• Generalized Anxiety Disorder
• Panic Disorder
• Others
By product
• Tricyclic Antidepressants
• Selective Serotonin Reuptake Inhibitors
• Serotonin-Norepinephrine Reuptake Inhibitors
• Monoamine Oxidase Inhibitors
• Serotonin Antagonist and Reuptake Inhibitors
• Others
North America is dominating the Antidepressant Drugs Market
North America is dominating the antidepressant market due to wide use of drugs among people and large number of prescriptions along with rising disorder cases. In USA, antidepressants were the most commonly prescribed drugs in 2013 and from over 16 million long term users, around 70% are female. In Europe the antidepressant drug market is growing due to increasing number of cases along with long duration of drug treatment. For example, in England and France, the rise in antidepressants consumption has been associated with a longer duration of drug treatment. Iceland recorded the highest level of antidepressant drug consumption in 2013 with almost high prescription rate.
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