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

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

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 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Panic attacks refer to sudden episodes of intense fear or discomfort that develop abruptly and reach a peak within minutes. Common symptoms include chest pain, shortness of breath, dizziness, and sweating. Treatment for panic attacks usually involves counseling or therapy to help people change anxious thought patterns. Medications and lifestyle modifications also help reduce symptoms.

Market key trends:

One of the major trends fueling the growth of the global panic attack treatment market is emergence of telemedicine. Telemedicine enables remote diagnosis and treatment of panic attacks and associated anxiety disorders using telecommunication technology. It allows patients to access healthcare services from the comfort of their homes through smartphones, tablets or computers. Various apps and telehealth platforms assist healthcare providers in monitoring patients, offering counseling through video conferences and prescribing medication refills. This makes treatment more accessible and affordable for patients in remote locations.

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.

Key Takeaways

The Global Panic Attack Treatment Market Size is expected to witness high growth, exhibiting CAGR of 7.3% over the forecast period, due to increasing prevalence of mental health disorders and rising awareness about the availability of effective treatment options.

Regional analysis: Regionally, North America dominated the global market in 2023 followed by Europe. This is attributed to rising adoption of panic attack treatment medications in countries like the U.S. and Canada. However, Asia Pacific is expected to witness fastest growth over the forecast period owing to improving healthcare infrastructure and growing healthcare expenditure in emerging economies like China and India.

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.

Get more insights on this topic:

https://www.dailyprbulletin.com/panic-attack-treatment-market-size-forecast/

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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.

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

Poonam 2023-10-31

The Global Panic Attack Treatment Market is estimated to be valued at US$ 2. Antidepressants and psychotherapy are commonly prescribed treatment options to manage panic attacks and reduce frequency and severity of episodes. 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. 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.

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.

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

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

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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