Global Depression Treatment Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2014-2020
GLOBAL DEPRESSION TREATMENT MARKET INSIGHT:
Global depression treatment market is facing stiff decline. The market is expected to grow at low CAGR of 1% for the forecasted period of 2016-2021. One of the major factors for such low growth is a rapid decline in the revenue of branded drug manufacturers and growing strength of generic drug manufacturers. The patent cliff has caused a decline in revenues ranging from few million dollars to billions. The patent expiration and generic drug manufacturers gaining license to manufacturers have forced many branded drug manufacturers to either stop their R&D or to reduce budgets. There are very limited number of new drugs in the pipeline. Branded drugs sales have declined from $15 billion in 2006 to $9 billion in 2013. Decline in revenues is majorly due to fall in the price of once expensive drugs by over 50-90 percent. Volume shipment is still high and increasing especially in emerging markets.
However, markets for therapies using medical devices such as Vagus nerve stimulation, deep brain stimulation, and smartphones is rising. The devices market is expected to grow at a CAGR of 9.2%. The introduction of virtual reality in the treatment of disorders such as post-traumatic stress disorders is also driving the market.
North America and Europe currently are the leading markets. They make up for 70% of the total depression treatment market. The markets are driven by high awareness regarding depression and availability of drugs and therapies. However, the patent cliff has caused a decline in the growth rates of the market. Asia Pacific will have the highest growth rate. Recently the discussion over effects of depression on the economies has been going on. Countries such as India, China and Japan are spending on the research of new treatment methods for treating depression. It is expected that new Asian companies could develop new branded drugs in the near future.
THE REPORT COVERS:
• Comprehensive research methodology of Depression market
• In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global Depression market
• Insights about market determinants which are stimulating the global Depression market
• Detailed and extensive market segments with regional distribution of forecasted revenues
• Extensive profiles and recent developments of market players
Market Segments included in the report:
Type of Depression
Seasonal Affective Disorder (SAD)
Selective Serotonin Reuptake Inhibitors
Depression Treatment Devices
Transcranial Magnetic Stimulator
Deep Brain Stimulator
Virtual Reality Therapy
Vagus Nerve Simulator
Smart Phone Applications
COMPANIES PROFILED IN THE REPORT:
Eli Lily And Company
Johnson And Johnson
Merck And Co.
Cyberonics Inc. (Livanova)
Bristol Myers Squibb
Full report of Global Depression Treatment Therapy Market is available at: