(PharmaNewsWire.Com, February 24, 2024 ) As per Maximize Market research, the US Depression Therapeutics Market was USD 4.4 Billion in 2023 and is expected to grow at a CAGR of 4.27 percent over the forecast period to reach USD 5.9 Billion by 2030.
US Depression Therapeutics Market Report Scope and Research Methodology
The scope encompasses market overview, segmentation based on product types and end-users, and competitive landscape analysis. The US Depression Therapeutics Market Report offers a comprehensive analysis of the market dynamics, trends, and key players in the United States. Utilizing a robust research methodology involving primary data collection through interviews and surveys, supplemented by secondary research from reputable sources.
The inclusion of digital health solutions and telemedicine has increased access to mental health care. The awareness of mental health issues is increasing and it has led to higher rates of diagnosis and treatment-seeking behavior. Antidepressant medications continue to be primary treatment options.
US Depression Therapeutics Market Segment Analysis
The Antidepressants sub-segment dominated the Drug Type segment with the largest market share of about 45% in the US Depression Therapeutics Market in the year 2023. The adoption of smart devices with data connectivity and integration is growing, and the rapid technological advancement is another driver for the market.
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