Coherent Market Insights report on the Anxiety Disorders and Depression Treatments Market studies past as well as current growth trends and opportunities to gain valuable insights of the indicators for the said market during the forecast period from 2021 to 2027. The report provides the overall market value of the Anxiety Disorders and Depression Treatments Market for the period of 2021 to 2027, with 2020 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the Anxiety Disorders and Depression Treatments Market for the forecast period.
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The anxiety and depression are known to be the most common forms of psychiatric disorders from which a large population is affected across the globe. . Depression is the most common type of mental disorder encountered in the global population, while anxiety refers to the reaction of an individual during stressful situations. Anxiety disorders are more than normal worry or fear. For a person suffering from anxiety, the anxious phase of the individual does not get over and instead worsens over time.
This anxious disorder can affect daily activities such as school work, relationships and job performance. The anxiety related disorders include generalized anxiety disorder, social anxiety disorder and panic disorder. Moreover, depression refers to a common but serious mood disorder. It is related to a state of emotion that affect thoughts, actions and the sleeping pattern of an individual. The severity of anxiety and depression ultimately results into disorders such as phobias, post- traumatic stress disorder, panic disorder and obsessive compulsive disorder.
Antidepressants sales contributing to almost half of the total drug sales across the globe
The antidepressant drugs holds almost a share of 50% in the global pharmaceutical market. Advanced techniques to treat mental illness such as brain stimulation by using medical implants as well as use of smartphone based applications like virtual reality exposure therapies, are helping to boost the global market. However, the side effects of the antidepressants, adoption of alternative therapies and devices to treat mental illness are obstructing the growth of the global anxiety disorder and depression treatment market.
Top Key Players Include In Anxiety Disorders and Depression Treatments Market: Pfizer Inc., GlaxoSmithKline Plc., H. Lundbeck A/S, Eli Lily and Company, Inc., Merck and Company, Inc., AstraZeneca Plc, Forest Laboratories, Sanofi Aventis and Johnson and Johnson.
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