Global Panic Attack Treatment Market Is Estimated To Witness High Growth Owing To Increasing Prevalence Of Anxiety Disorders And Growing Awareness Of Management

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Global Panic Attack Treatment Market Is Estimated To Witness High Growth Owing To Increasing Prevalence Of Anxiety Disorders And Growing Awareness Of Management

The Global Panic Attack Treatment Market is estimated to be valued at US$ 2.04 Bn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Panic attacks are characterized by sudden episodes of intense fear and discomfort that develop abruptly and peak within minutes. Common physical symptoms include pounding or rapid heartbeat, chest pain, stomach upset, dizziness or shaking, while psychological symptoms include feeling of impending doom or unreality. Antidepressants and psychotherapy are commonly prescribed treatment options to manage panic attacks and reduce frequency and severity of episodes. Market Dynamics: The global panic attack treatment market is primarily driven by increasing prevalence of anxiety disorders globally. According to Anxiety and Depression Association of America, around 6.8 million American adults experience a panic attack each year. Moreover, growing awareness about panic attack management options through social media platforms and increasing adoption of antidepressants and psychotherapy as first-line treatment options are further fueling market growth. Furthermore, recent approval and launch of novel antidepressants specifically indicated for panic disorder treatment by major pharmaceutical companies is also expected to boost market revenues over the forecast period. However, social stigma associated with mental health issues and underdiagnosis of panic attacks in developing regions limits market growth to some extent. SWOT Analysis Strength: The global panic attack treatment market witnesses high prevalence of panic disorders. Drugs like SSRIs, SNRIs, TCAs etc. are effective in treating panic attacks and are widely available. Increased awareness about available treatment options drives the market growth. Weakness: High cost of branded drugs limits their adoption in developing nations. Alternative treatment options like psychotherapy are time consuming and not readily available. Opportunity: Rising healthcare expenditure in emerging countries creates new growth opportunities. Novel drug delivery systems and newly approved drugs will expand the treatment options. Threats: Safety concerns over long term usage and side effects of drugs hamper their uptake. Alternative therapeutic options like meditation pose competition. Stigma associated with mental health issues limits patients from seeking timely medical intervention. Key Takeaways The global Panic Attack Treatment Market Share is expected to witness high growth, exhibiting CAGR of 7.3% over the forecast period, due to increasing prevalence of panic disorders worldwide. Around 2-3% population suffer from panic disorders annually and require long term management. Regional analysis: North America accounts for over 35% market share and remains dominant due to high healthcare spending and better access to advanced therapies. Asia Pacific exhibits highest growth on back of rising healthcare infrastructure, health awareness and large patient pool. Countries like China and India are emerging as key investment hotspots. Key players: Key players operating in the panic attack treatment market are GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd, Teva Pharmaceutical Industries Ltd., Eli Lilly and Company, Bristol-Myers Squibb Company, AstraZeneca, Pfizer Inc., Johnson & Johnson Services, Inc., Bausch Health Companies Inc., H. Lundbeck A/S. GSK, Roche and Teva Pharmaceuticals dominate the market with their product offering of SSRIs and SNRIs. Novel drugs in pipeline will further intensify competition.

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Telemedicine is fastest growing segment fueling the growth of Global Panic Attack Treatment Market

naufan003 2023-12-07

The global Panic Attack Treatment Market is estimated to be valued at US$ 2. Segment Analysis The global panic attack treatment market can be segmented based on disorder type, therapeutic class, distribution channel, and region. By disorder type, the market can be classified into agoraphobia, social anxiety disorder, specific phobia, general anxiety disorder, and panic disorder. The panic disorder segment dominated other segments in 2023 due to rise in the prevalence of panic disorder worldwide. This is attributed to rising adoption of panic attack treatment medications in countries like the U.

Panic Attack Treatment Market to Grow at Highest Pace Owing to Increasing Prevalence of Panic Attacks Globally

Purvaja 2024-03-12

The Global Panic Attack Treatment Market is estimated to be valued at US$ 2. The key demand driving the panic attack treatment market is increasing prevalence of panic disorders globally. Impact of COVID-19 on Global Panic Attack Treatment Market Growth: The COVID-19 pandemic has negatively impacted the growth of the global panic attack treatment market. Geographical Regions with Highest Market Value for Global Panic Attack Treatment Market: North America accounts for the largest share of the global panic attack treatment market in terms of value. Fastest Growing Region for Global Panic Attack Treatment Market: Asia Pacific region is expected to witness the fastest growth in the global panic attack treatment market during the forecast period.

FacinFacing The Fear: A Global Perspective On The Growing Issue Of Panic Attacksg The Fear: A Global Perspective On The Growing Issue Of Panic Attacks

Pratik 2024-03-07

While panic attacks themselves are not life-threatening, they can negatively impact quality of life if left untreated. Thankfully, there has been significant progress made in panic attack treatment globally. Genetics also seem to play a role as Global Panic Attack Treatment often run in families. SSRIs/SNRIs take 4-6 weeks to work but have minimal side effects and are prescribed long-term to prevent panic attacks. Get more insights on Global Panic Attack Treatment

Panic Attack Treatment Market Regional Overview by 2028

Michael Jaikishan 2023-05-22

The panic attack treatment market is expected to gain market growth in the forecast period of 2021 to 2028. Emerging markets and huge investment in research and development are the factors responsible for the growth of the panic attack treatment market. In addition, increase in patient awareness level, advancements in the treatment options and adoption of sedentary life-style are some of the impacting factors increasing the demand of panic attack treatment market. The major players covered in the global panic attack treatment market report are Teva Pharmaceutical Inc. com/reports/global-transient-ischemic-attack-tia-marketAbout Data Bridge Market Research, Private LtdData Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada.

How To Stop A Panic Attack With 5 Tips | My Fit Brain

My Fit Brain 2022-05-24

If you're having a panic attack, the first thing you need to do is try to stay calm. It may be difficult, but it's important to remember that panicking will only make the situation worse. Here are a few tips to help you keep your cool:1. Focus on something else, anything else. Learn a few more tips and know more about How to stop a panic attack

Differences Between a Heart Attack vs Panic Attack

bobi 2023-11-17

You may find yourself wondering about the difference between a heart attack vs panic attack. By learning about heart attack vs panic attack, readers can enhance their health literacy and make informed decisions regarding their overall well-being. Distinguishing Between Heart Attack and Panic AttackDistinguishing between heart attack vs panic attack can be challenging, as symptoms can overlap. While it’s important to note that a panic attack cannot trigger a heart attack, both conditions require careful management on their own. ConclusionIn summary, differentiating heart attack vs panic attack can be challenging due to the similarities in their symptoms.

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