Antidepressant Market

The major factors for the growth of the global antidepressant market include the rising cases of depression, increasing awareness about depression, and the emergence of novel biologics.

Globally, more than 300 million people across all age groups suffer from depression, and this number is rising at a fast pace. The increase in the number of young adults affected by some form of depression is as high as 8%. Depression due to factors, such as social isolation and stressful work environment has contributed the most toward increasing the number of people suffering from depression. The number of people falling prey to depression and related disorders is expected to continue to increase, as a result of improper eating habits, stressful work schedule, increasing isolation from family and loved ones due to technology, and the inability to adapt to the rapid pace, at which, the world is moving forward. In countries, such as the United Kingdom and the United States, which are characterized by their fast-paced economies, the percentage of 'affected population' in every age group is quite high. In addition, increasing aged population across the world enhances the potential of the market studied over the forecast period. According to the estimates of WHO, in 2015, 322 million people were suffering from depression, globally, and nearly half the number of these people belong to the Southeast Asian region and the Western Pacific region. Thus, the rising cases of depression across the world are expected to drive the overall growth of the market studied over the forecast period.

Scope of the Report

As per the scope of the report, antidepressant drugs are used for the treatment of major depressive disorders and other conditions, including dysthymia, anxiety disorders, obsessive-compulsive disorder (OCD), eating disorders, chronic pain, neuropathic pain, etc. The market is segmented by type of product, depressive disorder, and geography.

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Key Market Trends

Major Depressive Disorder Segment by Depressive Disorder is Expected to Account for the Largest Market Share During the Forecast Period

The major depressive disorder possible causes comprise of the combination of biological, psychological, and social sources of distress. The major risk factors include family history, significant life changes, certain medications, chronic health problems, and substance abuse. As per the data published by the National Institute of Mental Health, an estimated 16.2 million adults in the United States had at least one major depressive episode. This number represented 6.7% of all US adults and is majorly prevalent in women as compared to men. Most commonly, selective serotonin reuptake inhibitors (SSRI) are used in the treatment of major depression, while there are some therapies available to normalize brain changes associated with depression. Thus, owing to the rising number of the patient pool, the market is expected to witness high growth over the forecast period.

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