Major Depressive Disorder Market Trends & Growth Analysis 2024-2031
The Global Major Depressive Disorder Market is expected to reach at a Significant CAGR during the forecast period 2024-2031.
Major Depressive Disorder Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Major Depressive Disorder (MDD) market focuses on treatments for clinical depression, including antidepressants, psychotherapy, neuromodulation therapies, and digital mental health solutions. With rising depression cases globally, advancements in precision medicine, novel drug formulations, and AI-driven diagnostics are driving market growth, improving patient outcomes and access to effective therapies.
List of the Key Players in the Major Depressive Disorder Market:
Eli Lilly and Company, Allergan, Alkermes, Lundbeck, Johnson & Johnson, Pfizer, Inc, AstraZeneca plc, Merck & Co, GlaxoSmithKline plc, Sanofi S.A and among others.
Industry Development:
In September 2023, Relmada Therapeutics, Inc., a late-stage biotechnology company focused on central nervous system (CNS) disorders, announced efficacy results for 204 de novo (new to treatment) patients and safety results for all 627 subjects from the Phase 3, long-term, open-label, registrational trial (Study 310) of REL-1017 in patients with Major Depressive Disorder (MDD).
In August 2023, Biogen Inc. and Sage Therapeutics, Inc. announced that the U.S. Food and Drug Administration (FDA) approved ZURZUVAE (zuranolone) 50 mg for adults with postpartum depression (PPD). ZURZUVAE is the first and only oral, once-daily, 14-day treatment that offers rapid symptom improvement for women suffering from PPD.
Growth Forecast Projected:
The Global Major Depressive Disorder Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Major Depressive Disorder Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Major Depressive Disorder Market:
By Drug Type: Antidepressants, Atypical Antidepressants, Antipsychotics, Neuromodulators.
By Route of Administration: Oral, Intravenous, Parenteral.
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.
Regional Analysis for Major Depressive Disorder Market:
The regional analysis of the Major Depressive Disorder Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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