According to FutureWise analysis the market for antidepressant drugs in 2023 is US$ 17.21 billion, and is expected to reach US$ 22.18 billion by 2031 at a CAGR of 3.20%.
Antidepressants are common prescription medications that help relieve the symptoms of depression and anxiety. Depression is a mood disorder described as constant feelings of sadness and a loss of interest in things and activities. It can also lead to difficulty in thinking, memory, motivation, eating, and other daily exercises. There are several types of antidepressants. Different antidepressants cause different side effects, but common side effects include nausea, dizziness, weight gain, and sexual problems. Most individuals need to take antidepressants for at least 6 to 12 months, but many individuals take them for much longer. In addition, most antidepressants help relieve depression by impacting the neurotransmitters, also called chemical messengers, which help in communication between brain cells.
There are several types (classes) of antidepressants, including serotonin and norepinephrine reuptake inhibitors, tricyclic antidepressants, selective serotonin reuptake inhibitors, monoamine oxidase inhibitors, and others. SSRIs antidepressants generally cause fewer bothersome side effects and are less likely to cause issues at higher therapeutic doses than other antidepressants. Healthcare professionals often start treatment by prescribing selective serotonin reuptake inhibitors. SSRIs include fluoxetine (Prozac), sertraline (Zoloft), paroxetine (Paxil, Pexeva), citalopram (Celexa), and escitalopram (Lexapro). Also, Tricyclic antidepressants, such as imipramine, nortriptyline (Pamelor), amitriptyline, doxepin, and desipramine (Norpramin), tend to cause more side effects than newer antidepressants. So tricyclic antidepressants typically aren't prescribed unless tried other antidepressants first without progress.
FutureWise Market Research has published a report that provides an insightful analysis antidepressant drugs market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, antidepressant drugs market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.