SEATTLE, Sept. 5, 2022 /PRNewswire/ -- According to Coherent Market Insights, the global treatment resistant depression market is estimated to be valued at US$ 1,180.0 million in 2022 and is expected to exhibit a CAGR of 3.4% during the forecast period (2022-2030).
Key Trends and Analysis of the Global Treatment Resistant Depression Market:
Key players in market are focusing on gaining approvals for drugs indicated for treatment resistant depression, which is expected to propel the global treatment resistance depression market growth over the forecast period. For instance, in January 2022, Atai Life Sciences N.V., a clinical-stage biopharmaceutical company, announced that the U.S. food and drug administration (FDA) provided Investigational New Drug (IND) clearance to conduct a clinical drug-drug interaction (DDI) study of PCN-101 (R-ketamine). Atai plans to initiate the study early through its platform company Perception Neuroscience.
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Key Market Takeaways:
Increasing prevalence of depression is expected to drive growth of the global treatment resistant depression market over the forecast period. For instance, according to data published by the National Institute of Mental Health in January 2022, an estimated 21.0 million adults in the U.S. had at least one major depressive episode in 2020. This number represented 8.4% of all U.S. adults in 2020.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market. This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players. It profiles key players in the global treatment resistant depression market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, strategies.
Key players operating in the global treatment resistant depression market include AbbVie Inc., Lupin, Eli Lilly and Company, GlaxoSmithKline Plc., Pfizer Inc., Bausch Health Companies Inc., Sanofi, Mallinckrodt, Johnson & Johnson, Merck & Co., Inc., Viatris Inc., Otsuka Holdings Co., Ltd., H. Lundbeck A/S, AstraZeneca, and Aurobindo Pharma Ltd.
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Detailed Segmentation:
Global Treatment Resistant Depression Market, by Drug Type:
- Antidepressants
- Selective Serotonin Reuptake Inhibitors
- Serotonin-norepinephrine Reuptake Inhibitors
- Others
- Atypical agents
- Others
Global Treatment Resistant Depression Market, by Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Global Treatment Resistant Depression Market, By Region:
- North America
- By Country:
- U.S.
- Canada
- Europe
- By Country:
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country:
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- By Country:
- GCC Countries
- Israel
- South Africa
- Rest of Middle East & Africa
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