Global Anxiety Disorders and Depression Treatment Market: Snapshot

The global anxiety disorders and depression treatment market is expected to witness a slight downfall in the next few years. The rising number of patent expiry is one of the major factors that is projected to hamper the growth of the overall on the next few years. However, with the rising awareness among consumers and the rapid development of the healthcare segment, especially in the emerging economies are predicted to enhance the growth of the overall market in the next few years. In addition to this, the advent of new technologies and treatments is predicted to offer potential growth opportunities for the market players, which is expected to support the growth of the global anxiety disorders and depression treatment market in the next few years.

As per the market research study by Transparency Market Research, in 2013, the global market for anxiety disorders and depression treatment was worth US$22.5 bn and is predicted to go down to US$18.2 bn by the end of 2020. The market is predicted to register a 1.25% CAGR between 2014 and 2020.

Increasing Adoption of Generic Drugs to Enhance Market Growth in Coming Years

The global market for anxiety disorders and depression treatment has been classified on the basis of drug class into tricyclic antidepressants (TCAs), atypical antipsychotics, selective serotonin reuptake inhibitors (SSRIs), serotonin-norepinephrine reuptake inhibitors (SNRIs), monoamine oxidase inhibitors (MAOIs), benzodiazepines, tetracyclic antidepressants (TeCA), anticonvulsants and beta blockers. Among these, the serotonin-norepinephrine reuptake inhibitors segment is projected to lead the global market with a large share in the next few years. Furthermore, the selective serotonin reuptake inhibitors segment is likely to witness a promising growth rate in the near future, owing to the rising adoption of generic drugs.

Furthermore, on the basis of pipeline, the global market for anxiety disorders and depression treatment has been classified into ALKS-5461, Brexpiprazole (OPC-34712), and Brintellix (Vortioxetine - Lu AA21004).

Rising Prevalence of Psychiatric Disorders to Drive Asia Pacific Market

Among the key regional segments, North America is projected to account for a large share of the global market in the next few years. The strong growth of this region can be attributed to the presence of a large number of patients who are suffering from different types of anxiety disorders and depression. In addition to this, the rising awareness among patients regarding the availability of enhanced drugs and treatments is predicted to enhance the growth of the North America market in the coming few years. On the other hand, Asia Pacific is projected to observe a healthy growth in the coming few years, thanks to the rising prevalence of psychiatric disorders. Moreover, the rapid growth of the economy in the nations, such as Japan, China, and Australia is projected to enhance the growth of the market in the next few years.

The global market for anxiety disorders and depression treatment is extremely fragmented in nature with a presence of a large number of players and a high level of competition among the key players. The key players in the market are emphasizing on the development of new products, which is predicted to enhance the growth of the market in the near future. In addition to this, the rising mergers and acquisitions and strategic collaborations are projected to offer potential growth opportunities for the market players in the next few years. Some of the key players operating in the anxiety disorders and depression treatment market across the globe are Eli Lilly and Company, AstraZeneca plc, Forest Laboratories, Inc., H. Lundbeck A/S, GlaxoSmithKline plc, Johnson & Johnson, Pfizer, Inc., Merck & Co., Inc., and Sanofi S.A.

 
Anxiety disorders and depression are common psychiatric disorders that affect a large number of people during their lifetime. This study provides the market analysis for the major drug classes used for the treatment of anxiety disorders and depression. The stakeholders of this report include established pharmaceutical companies as well as new entrants who wish to enter the market.
 
The market overview chapter, which has been provided in the study, analyzes the current market dynamics and other trends such as drivers, restraints, opportunities that would govern the present and future circumstances of the anxiety disorder and depression treatment market. Furthermore, Porter’s five forces analysis has been incorporated in this research to provide the competitive status of the anxiety disorders and depression treatment market; and market attractiveness analysis has been included to describe the market position across various geographies. Event impact analysis has been provided in this report for better understanding the significant events that have taken place in the past and are planned for the future and which might have a major impact on industry growth. Regulatory framework has also been discussed in this section to provide an overall idea about the regulatory scenario across the major geographies. 
 
This research on anxiety disorders and depression treatment has been categorized based on various classes of drugs that are generally used for the treatment of these psychiatric conditions. Various drug classes considered while estimating the overall market are selective serotonin reuptake inhibitors (SSRIs), serotonin-norepinephrine reuptake inhibitors (SNRIs), tetracyclic antidepressants (TeCAs), monoamine oxidase inhibitors (MAOIs), tricyclic antidepressants (TCAs), benzodiazepines, beta-blockers, atypical antipsychotics and anticonvulsants. The market for these drug classes has been comprehensively analyzed based on the expiry, launch, sales revenue, efficacy and geographic presence of leading drugs in each of the classes mentioned above. Market revenue (USD million) for each of these drug classes has been provided in the research for the period 2012 to 2020 in terms of USD million, with CAGR for the forecast period 2014 to 2020, taking into account 2013 as the base year.
 
In terms of geography, the global anxiety disorders and depression treatment market has been categorized into four major regions: North America, Europe, Asia Pacific and Rest of the World (RoW). In the geography section of the report, the market revenue (USD million) of various drug classes used for the treatment of anxiety disorders and depression for each of these geographic regions for 2012 and 2020 along with forecast period from 2014 to 2020 has been provided and explained in detail.
 
The chapter on competitive landscape included in the report provides a detailed market share analysis of the major leading companies in the anxiety disorders and depression treatment market, in terms of percentage share for the year 2013. The detailed market share analysis of the industry participants involved in the market would help new organizations to identify the product portfolio of established global players and understand the business plans followed by key companies for sustaining in the market. Several pointers on strategic recommendations have also been provided for new industry participants as well as established organizations to help in securing a strong position in the global market and improve market share. Furthermore, the research comprises a chapter on pipeline analysis for this industry that includes sales forecast for recently launched drugs and potential drugs that are undergoing phase III clinical trials and are expected to be marketed during the forecast period.
 
The report provides in-depth company profiles of major players in the anxiety disorders and depression treatment market based on a variety of characteristics such as company overview, financial overview, product portfolio, business strategies and recent developments. Major players profiled in this study include AstraZeneca plc, Eli Lilly and Company, Forest Laboratories, Inc., Johnson and Johnson, GlaxoSmithKline plc, H. Lundbeck A/S, Pfizer, Inc., Merck & Co., Inc. and Sanofi S.A.
 
The global anxiety disorders and depression treatment market is segmented as follows:
  • Anxiety Disorders and Depression Treatment Market, by Drug Class
    • Selective Serotonin Reuptake Inhibitors (SSRIs)
    • Serotonin-Norepinephrine Reuptake Inhibitors (SNRIs)
    • Atypical Antipsychotics
    • Tricyclic Antidepressants (TCAs)
    • Tetracyclic Antidepressants (TeCAs)
    • Monoamine Oxidase inhibitors (MAOIs)
    • Benzodiazepines
    • Beta-Blockers
    • Anticonvulsants
  • Anxiety Disorders and Depression Treatment Market, by Geography
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World (RoW)
.