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 2025 - 2030

Published Date: Jul, 2023

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)

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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:

  • Among all the product, the drugs segment will hold the largest market share in the anxiety and depression market.
  • Due to high Patient Influx, hospital pharmacies segment will lead the market.

The Report Offers:

  • Historical market estimate for the years 2018–2022 and forecast for the years 2023–2030
  • Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
  • Market insights by in-depth segmentation with industry dynamics.
  • Competitive analysis and benchmarking of the industry leaders and their product offerings
  • Profiles of leading players and innovators, their financial overview and product portfolio
  • Analysis of key industry trends and recent developments
  • Value chain analysis and distribution channel analysis with opportunity assessment
  • Market share analysis of major players

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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

  • Antidepressant Drugs
    • SSRIs 
    • SNRIs 
    • TCAs 
    • MAOIs 
    • Atypical Antipsychotics
    • Benzodiazepins
    • Anticonvulsants
    • Beta-Blockers
    • Others
  • Therapy & Devices
    • Fishcer Wallace Stimulator
    • TMS 
    • VNS
    • ECT 
    • CBT
    • Others

Indication Insight and Forecast 2018-2030

  • MDD 
  • OCD 
  • Phobias
  • Others

Distribution Channel Insight and Forecast 2018-2030

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Geographical Segmentation

Anxiety and Depression Treatment Market by Region

North America

  • By Product
  • By Indication
  • By Distribution Channel
  • By Country – U.S., Canada, and Mexico

Europe

  • By Product
  • By Indication
  • By Distribution Channel
  • By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe

Asia-Pacific (APAC)

  • By Product
  • By Indication
  • By Distribution Channel
  • By Country – China, Japan, India, South Korea, Singapore, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Product
  • By Indication
  • By Distribution Channel
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries