The global market for anxiety and depression treatment products is anticipated to grow at a significant pace i.e., USD 19.3 billion during the forecast period 2023-2030. There is an increase in awareness about mental health issues and their treatment, an increasing number of product approvals, and a huge population suffering from anxiety and depression are the key drivers for the growth of the anxiety and depression treatment market. Moreover, the rising awareness among the end-users and advancement in the healthcare segment, especially in the emerging economies will enhance the growth of the overall market in the forecast period. Furthermore, the adoption of the latest technologies and treatments will provide growth opportunities for the market players, thus supporting the growth of the global anxiety disorders and depression treatment market in the forecast period.
The continuous successful result of clinical trials for drugs and their commercialization will propel the future growth of antidepressant drugs. The COVID-19 pandemic has created many opportunities as there is a deterioration of mental health due to the coronavirus.
Browse 53 market data Tables and 37 Figures spread through 110 Pages and in-depth TOC on “Anxiety and Depression Treatment Market by by Product (Antidepressant Drugs(SSRIs, SNRIs, TCAs, MAOIs, Atypical Antipsychotics, Benzodiazepins, Anticonvulsants, Beta-Blockers, and Others ) and Therapy and Devices (Fisher Wallace Stimulator, TMS, VNS, ECT, CBT, and Others)), by Indication (MDD, OCD, Phobias, and Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies ), and Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World) - Global Forecast to 2030"
In December 2022, Novartis AG acquired Cadent Therapeutics. The acquisition will add two new drugs, which include CAD-9303, an NMDAr positive allosteric modulator; and MIJ-821, an NMDAr negative allosteric modulator, which is in the clinical trial stage in the former’s portfolio for neurology and psychiatry.
Due to Increasing Product Launches, Drugs Category Dominates the Market
On the basis of product, the drugs segment holds the largest market share in the anxiety and depression market and will retain its position during the forecast period. This is because of the increase in the number of mental disorder cases, the rising number of product launches, and awareness by health institutions about mental diseases. Moreover, SSRIs and beta-blockers will grow in the forecast period because of stress in the work environment and changes in consumer lifestyles.
Global Anxiety and Depression Treatment Market Segmentation Analysis
Segment |
Categorization |
Leading Category |
Product |
Antidepressant Drugs and Therapies |
Antidepressant Drugs (Largest) Therapies (Fastest) |
Indication |
MDD, OCD, Phobias, Others |
MDD (High CAGR) |
Distribution Channel |
Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies |
Hospital Pharmacies (Largest share) |
Region |
North America, Europe, Asia-Pacific, and Rest of the World |
North-America (Largest) |
Download Free Sample Copy of this Research Report Global Anxiety and Depression Treatment Market
Scope of the Report
Report Metric |
Details |
Market Size Available for the Years in the Study |
2018–2030 |
Historical Period |
2018–2022 |
Base Year |
2022 |
Forecast Period |
2023–2030 |
Segments Covered in the Study |
Product, Indication, Distribution Channel, and Region |
Geographies Covered in the Study |
North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.) |
Companies Covered in the Study |
Eli Lily and Company, Forest Laboratories, Inc., Johnson and Johnson Private Limited, GlaxoSmithKline plc., H. Lundbeck A/S, Pfizer,Inc., Merck & Co. Inc., Inc., Sanofi S.A., Astra Zeneca plc., and Bristol Myers Squibb Company |
Geography Insight
Geographically, North America is anticipated to hold the largest market share in the anxiety and depression treatment market. This is due to the rise in cases of pain, the huge population suffering from anxiety and stress-related disorders, and awareness about mental health. Europe is considered to be the second-largest growing regional anxiety disorders and depression treatment market as a result of an increase in public awareness of anxiety disorders and treatments. The Asia Pacific is projected to have healthy growth in the coming few years because of the rising prevalence of psychiatric disorders.
Key Takeaway from the Report:
The Report Offers:
Benefits of Report Purchase from VynZ:
Detailed Research
We provide accurate data and in-depth analysis with all-inclusive coverage.
Robust Research Methodology
Robust research methodology and data triangulation to ensure high quality report.
Analyst Support
24*7 analyst support – Pre and post purchase of the report as well as during the project tenure.
Sales Support
24*7 sales support – Hassle free delivery of the report and quick response and support by sales team.
Free Customization
20% post purchase free customization to meet your requirements.
Customer Satisfaction
We claim full customer satisfaction as our core values lie in building long term relationship.
Security
High level of data security and confidentiality of your information.
The report provides the market value for the base year 2020 and a yearly forecast till 2027 in terms of revenue (USD Million). The report segments the global Anxiety and Depression market on the basis of product, indication type, distribution channel, and region.
Global Anxiety and Depression Treatment Market Coverage
Product Insight and Forecast 2018-2030
Indication Insight and Forecast 2018-2030
Distribution Channel Insight and Forecast 2018-2030
Geographical Segmentation
Anxiety and Depression Treatment Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)