Market Analysis and Insights:- Global Chronic Depressive Personality Disorder Treatment Market
Global Chronic Depressive Personality Disorder Treatment Market By Mechanism of Action (Selective Serotonin Reuptake Inhibitors (SSRIs), Tricyclic Antidepressants (TCAs), Serotonin and Norepinephrine Reuptake Inhibitors (SNRIs)), Drugs (Amitriptyline, Bupropion, Sertraline, Duloxetine), Diagnosis (Physical Exam, Lab Tests and Psychological Evaluation), Treatment (Medication and Psychotherapy), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), End-Users (Hospitals, Homecare, Specialty Clinics and Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Analysis: Global Chronic Depressive Personality Disorder Treatment Market
Global chronic depressive personality disorder treatment market is growing at a steady CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the increasing prevalence of depressive personality disorder, increase in diagnosis, requirement for long term treatment and increase in initiatives by government and non-government organizations regarding mental disorders by awareness campaigns and conference are some factors fueling the market growth.
Market Definition: Global Chronic Depressive Personality Disorder Treatment Market
Chronic depressive personality disorder is also known as dysthymia is a form of depression which is mild but continuously remains for several years. A patient with chronic depressive personality disorder have symptoms such as lost interest in normal activities, hopelessness, low self-esteem, low appetite, low energy and an overall feeling of inadequacy. These feelings interfere with the patient’s personal and social relationship, profession and daily activities. A patient remains unhappy even on the happy occasions.
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According to the National Institute of Mental Health (NIMH), chronic depressive personality disorder affects approximately 1.5% of the adult population in the United States and out of these 49.7% cases are considered to be severe. This disorder can affect children and adolescents, approximately 11.2% of 13 to 18 years olds gets affected by this disorder at some point during their lives and girls are more likely to experience this disorder than boys.
Market Drivers
• Increasing prevalence of chronic depressive personality disorder is driving the market growth
• Increase in diagnosis of chronic depressive personality disorder also acts as a market driver
• Long term treatment requirement is accelerating the growth if this market
• Increase in initiatives by government and non-government organizations regarding mental disorders by awareness campaigns and conferences is also boosting the market growth
Market Restraints
• Effectiveness of psychotherapy alone is hindering the market growth
• Lack of approved drug for chronic depressive personality disorder is restraining the market growth
• Non-medicated treatments are available for this disorder which acts as a market restraint
Segmentation: Global Chronic Depressive Personality Disorder Treatment Market
By Mechanism of Action
• Selective Serotonin Reuptake Inhibitors (SSRIs)
• Tricyclic Antidepressants (TCAs)
• Serotonin and Norepinephrine Reuptake Inhibitors (SNRIs)
By Drugs
• Amitriptyline
• Bupropion
• Sertraline
• Duloxetine
By Diagnosis
• Physical Exam
• Lab Tests
• Psychological Evaluation
By Treatment
• Medication
• Psychotherapy
By Distribution Channel
• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy
By End-Users
• Hospitals
• Homecare
• Specialty Clinics
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o Italy
o U.K.
o France
o Spain
o Netherlands
o Belgium
o Switzerland
o Turkey
o Russia
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o Australia
o Singapore
o Malaysia
o Thailand
o Indonesia
o Philippines
o Rest of Asia Pacific
• South America
o Brazil
o Rest of South America
• Middle East & Africa
o South Africa
o Rest of Middle East & Africa
Key Developments in the Market
• In March 2019, Johnson & Johnson Services, Inc received the U.S FDA approval for Spravato (esketamine), nasal spray for use in patients with treatment-resistant depression (TRD) a type of major depressive disorder (MDD). The approval of this drug provided a potential and the first new mechanism of action in 30 years to treat this debilitating mental illness
• In July 2018, Allergan received the FDA Fast Track designation for AGN-241751 from the U.S FDA for the treatment of Major Depressive Disorder (MDD). This is a novel, oral and rapid-acting anti-depressant currently in phase ll clinical trial. This designation enables the company for priority review and early approval of drug from the U.S FDA.
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Competitive Analysis:
Global chronic depressive personality disorder treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of chronic depressive personality disorder treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
The key market players in the global chronic depressive personality disorder treatment market are Pfizer Inc, Novartis AG, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, AstraZeneca, Eli Lilly and Company, F. Hoffmann-La Roche Ltd, Bristol-Myers Squibb Company, Otsuka Holdings Co. Ltd, Johnson & Johnson Services, Inc, AbbVie Inc, Merck & Co., Inc, ALLERGAN, Teva Pharmaceutical Industries Ltd, Sunovion Pharmaceuticals Inc, Takeda Pharmaceutical Company Limited, H. Lundbeck A/S, Gedeon Richter Plc, Sanofi, Alkermes, Shenox Pharmaceuticals,LLC among others.
Research Methodology: Global Chronic Depressive Personality Disorder Treatment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
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The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents:
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technical Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report:
• Current and future of global chronic depressive personality disorder treatment market outlook in the developed and emerging markets.
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period.
• The latest developments, market shares, and strategies that are employed by the major market players.
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