Antidepressant Drugs Market Trends

Antidepressant Drugs Market Trends

Increasing burden of depression and associated mental health conditions will flourish the demand for antidepressant drugs. As per the World Health Organization, nearly 40 million people are suffering through depressive disorders in Europe that accounts for approximately 4.3% of overall regional population. Moreover, according to the Centers for Disease Control and Prevention, about 16 million adult individuals’ experiences depression in America every year. Such large patient pool will escalate the demand for antidepressant drugs. In addition, as per the World Health Organization, 3 out of 4 people suffering from depression does not receive proper treatment. This represents industry potential to business leaders for the market progression.
 

Antidepressant drugs market continued to witness revenue growth during COVID-19 pandemic. Emergence of COVID-19 has triggered one of the worst jobs crisis in several sectors that has led to economic instability. Along with economic instability, social isolation with movement restrictions has resulted in depression and anxiety among population.