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Anti-Depressant Market Expected to Rise at a High CAGR, Driving Robust Sales and Revenue till 2026.

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Matt Easterlin
Anti-Depressant Market Expected to Rise at a High CAGR, Driving Robust Sales and Revenue till 2026.

Stratview Research has launched a new report, titled Anti-Depressant Market, By Product (Tricyclic Antidepressants, Selective Serotonin Reuptake Inhibitors, Serotonin-Norepinephrine Reuptake Inhibitors, Monoamine Oxidase Inhibitors, Serotonin Antagonist, Reuptake Inhibitors, Others), End-User (Major Depressive Disorder, Obsessive-Compulsive Disorder, Generalized Anxiety Disorder, Panic Disorder, Others), and Region.

Covid-19 Impact Analysis:

Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.

According to the report, The Anti-Depressant market is projected to grow from USD 14.3 billion in 2020 to USD 17.5 billion by 2026 at a CAGR of around 3.4% during the forecast period.

Market Segments' Analysis

By depressive disorder, the anti-depressant market has been bifurcated into major depressive disorder, obsessive-compulsive disorder, generalized anxiety disorder, panic disorder, and others. Under these, the major depressive disorder segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be an increasing number of people suffering from depression.

By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is primarily attributed to the high prevalence of depression, expanding geriatric populace, and presence of key market players such as Bristol Myers Squibb (US) and Eli Lilly and Company (US). The market growth in the Asia-Pacific region is expected to be driven by rising awareness among consumers regarding depression disease in developing countries, particularly China and India.

Key Players

The following are the key players in the Anti-Depressant market

·        Alkermes (Ireland)

·        Allergan, Inc. (Ireland)

·        Bristol Myers Squibb (US)

·        Eli Lilly and Company (US)

·        GlaxoSmithKline plc (UK)

·        H. Lundbeck A/S (Denmark)

·        The Merck Group (Germany)

·        Pfizer Inc. (US)

·        Teva Pharmaceutical Industries Ltd. (Israel)

·        The Takeda Pharmaceutical Company Limited (Japan)

Frequently Asked Questions –

This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:

-         What is the current and future market size of Anti-Depressant market?

-         How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?

-         What will be the short and long-term effects of the pandemic?

-         How are other market factors affecting the market dynamics?

-         Which segments offer high-growth opportunities in the long run?

-         How fierce is the Anti-Depressant market competition?

-         What are the key emerging trends and unmet needs in the present market?

-         What are the strategic growth opportunities and key success factors?

 

Read the full report: https://www.stratviewresearch.com/2418/Anti-Depressant-Market.html

Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement or any further query related to the report, please send your inquiry to [email protected]. You may also connect with our market experts at +1-313-307-4176.

About Stratview Research

Stratview Research is a global market research firm that provides high-quality market research reports, market entry strategies, growth strategies, and more. We in-depth market research studies, to help the users obtain grainy level clarity on present business trends and probable future developments. At Stratview Research, the market experts are committed to providing custom solutions best fit for strategy development and implementation to achieve visible growth.

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