The Anxiety Disorder Treatment Market Size was estimated at US$ 12.4 billion in 2023 and is projected to reach at US$ 16.4 billion by 2031 with a growing CAGR of 3.95% Over the Forecast Period of 2024-2031.
The anxiety disorder market is expected to witness significant growth during the forecast period. The rising prevalence of personality disorders and stress build-up especially in adults, rising awareness programmes worldwide through campaigns & media and increased female adult population. Anxiety is becoming a major concern and with each passing time, it is becoming a serious issue for almost all set of population.
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A growing consumer awareness of the minimal side effects of antidepressants and their increasing popularity are driving up demand for these medications. But in the upcoming years, it is anticipated that the market for treating anxiety disorders will grow more slowly due to the patent expiration of the majority of medications, the rising number of drug withdrawals, and the widespread introduction of generic alternatives.
Moreover, the high success rates of treatments and the availability of advantageous reimbursement policies for pharmaceuticals in developed nations are expected to fuel growth throughout the projection period. However, due to the high expense of using these tools and therapies, such as anesthesia and hospital stays, patients' preferences for medications have changed.
Drivers
Growing Need for Oral Medicines
The market is anticipated to grow more due to oral medications. Because the majorities of products in this segment are available in capsule and tablet form, which is a very practical mode of administration, the market is anticipated to grow faster globally.
Release of Novel Anxiety Treatments
Anxiety is becoming more commonplace worldwide, which has encouraged researchers to create innovative treatments to enhance mental health. For example, the US FDA approved Janssen Care Path’s ketamine, a nasal spray formulation of ketamine known as SPRAVATO, to treat mood-related conditions like depression, anxiety, and post-traumatic stress disorder (PTSD). This accelerates market expansion.
Restraint
Patients often assist themselves during treatment, which can lead to complications.
Complications arise from patients helping themselves during treatment, which happens frequently. Treatment that is administered without first consulting the patient's physician is risky and has a detrimental effect. The market's ability to grow is constrained by all these factors.
Opportunities
The prevalence of mental illness is rising.
Undoubtedly, the growing market for anxiety disorders is being impacted by their increasing prevalence. According to WHO reports from 2017, depression affects over 300 million people worldwide across all age groups. Of those, 800,000 die by suicide, with anxiety disorders and depression being the main causes. Furthermore, according to the Anxiety and Depression Association of America, anxiety disorders—which impact about 18% of the population—are the most prevalent mental illness disease in the United States. This accelerates market expansion.
Growing Need for Retail Drugstores
Opportunities for market expansion are created by the rise in the number of retail pharmacies in developed nations and the rise in the number of medications for anxiety disorders that are supplied through these establishments. Furthermore, because retail pharmacies are more easily accessible, patients prefer to buy their medications from them.
Challenges
• Ignorance of the patient as a result of lack of awareness and knowledge
One thing that may be holding back the market is a lack of knowledge about anxiety. Individuals who are suffering from anxiety or depression often do not recognize their condition and choose to disregard it; consequently, patients are not able to receive treatment. This may impede the expansion of the market.
Adolescents in Ukraine who experienced violence had a greater than 4-fold increased risk of developing post-traumatic stress disorder. In addition to 22% experiencing depression, 18% experiencing anxiety, and 30% experiencing severe psychological distress, a third of those internally displaced had symptoms of post-traumatic stress disorder. There was a significant correlation between the mental health status and traumatic events, and the mental health status was lower in women and the disabled.
According to the study, among Ukrainians impacted by the conflict, stress and resilience were comparatively high and depression and anxiety were relatively low.
Numerous studies have demonstrated their extremely detrimental impact on mental health. During recessions, the stress of joblessness and the absence of social security play a major role in elevating the suicide and self-harm rates.
A number of financial variables, including debt, unemployment, poverty, and, more broadly, reductions in funding for social welfare programmes and education, can raise the likelihood of mental health issues.
SSRIs
SNRIs
TCAs
Pregabalin
Buspirone
Benzodiazepines
Moclobemide
Others
SSRIs & SNRIs is the most common medications targeting both depression and anxiety. Other options include medications like buspirone (generalized anxiety) and moclobemide (specific anxieties, regional use).
Hospitals
Mental Healthcare Centers
Asylums
Others
Hospitals lead the market due to increased healthcare funding and patient volume. Mental Health Centers offer primary care and are the most widespread option. Others include specialized facilities like asylums (less common now).
North American is anticipated to have the biggest revenue share. This is primarily due to the higher prevalence of anxiety and depressive disorders in the area, as well as the increased awareness of these conditions and earlier treatment seekout. Furthermore, the presence of significant market players, an advanced healthcare infrastructure, and favourable reimbursement policies are anticipated to propel the market's revenue growth in the region. Because of a number of factors, such as high disposable income, rising rates of anxiety and depression, and the availability of cutting-edge treatment alternatives, the U.S. market holds the largest share of the North American market.
Asia Pacific is anticipated to have the fastest revenue CAGR. Increased awareness of mental health issues, fast urbanisation, and a large population base are propelling the region's market's revenue growth. The rising incidence of anxiety and depressive disorders in the area is anticipated to fuel the market's revenue growth. Furthermore, the region's healthcare market will see revenue growth due to factors like rising healthcare spending, improved healthcare infrastructure, and increased disposable income. Additionally, the region's market is anticipated to grow in revenue due to the availability of reasonably priced treatment options and the growing acceptance of online pharmacies.
European is anticipated to have a moderately large revenue share. The region is seeing an increase in the prevalence of anxiety and depression disorders, along with a robust healthcare system and a high level of public awareness regarding mental health concerns. Because anxiety disorders and depression are so common in the UK and there are so many cutting-edge treatment options available, the UK is the largest market in Europe for these conditions.
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North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of the players of Anxiety Disorder treatment Market are Pfizer, Inc., Eli Lilly and Company, GlaxoSmithKline plc, AstraZeneca, Johnson & Johnson, Bristol-Myers Squibb Company, Merck & Co. Inc., Sanofi-Aventis, Lundbeck A/S, Forest Laboratories and other players.
Pfizer, Inc -Company Financial Analysis
Desipramine Hydrochloride medication is available in various dosages has existed for a long time and is already approved for treating depression.
In May 2021, VisataGen Therapeutics launched a Phase 3 clinical program (PALISADE) to evaluate a new drug (PH94B) for treating social anxiety disorder. This program uses a randomized, double-blind, and placebo-controlled design to assess the drug's effectiveness and safety.
Promising results from a Phase 2 trial testing an oral ketamine formulation (KET01) for treatment-resistant depression (TRD) were reported in March.
In February, they submitted an application to the FDA for cariprazine (VRAYLAR) as an add-on treatment for major depressive disorder (MDD) in patients already taking antidepressants.
| Report Attributes | Details |
| Market Size in 2023 | US$ 12.4 Billion |
| Market Size by 2031 | US$ 16.4 Billion |
| CAGR | CAGR of 3.95% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Antidepressant, Anxiolytics, Antipsychotics, Others) • By Disorder Type (Generalized Anxiety Disorder, Major Depressive Disorder, Obsessive-Compulsive Disorder, Panic Disorder, Post-Traumatic Stress Disorder, Social Anxiety Disorder) • By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Pfizer, Inc., Eli Lilly and Company, GlaxoSmithKline plc, AstraZeneca, Johnson & Johnson, Bristol-Myers Squibb Company, Merck & Co., Inc., Sanofi-Aventis, Lundbeck A/S, Forest Laboratories |
| Key Drivers | • Growing Need for Oral Medicines • Release of Novel Anxiety Treatments |
| Market Opportunities | • The prevalence of mental illness is rising. • Growing Need for Retail Drugstores |
Ans: Over the forecast period of 2023–2031, the global anxiety disorder market is expected to grow at a CAGR of 3.95%.
Ans: By 2031, the market for anxiety disorders is expected to be worth 16.4 billion USD worldwide.
Ans: Innovation in affordable, cutting-edge technology is propelling the market.
Ans: The market's adoption rate is highest in North America, with Asia Pacific trailing closely behind.
Ans: A rise in funding for technological innovation and pharmaceutical research and development.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact Of Russia Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Anxiety Disorder Treatment Market Segmentation, By Drug Class
9.1 Introduction
9.2 Trend Analysis
9.3 SSRIs
9.4 SNRIs
9.5 TCAs
9.6 Pregabalin
9.7 Buspirone
9.8 Benzodiazepines
9.9 Moclobemide
9.10 Others
10. Anxiety Disorder Treatment Market Segmentation, By End-User
10.1 Introduction
10.2 Trend Analysis
10.3 Hospitals
10.4 Mental Healthcare Centers
10.5 Asylums
10.6 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 Trend Analysis
11.2.2 North America Anxiety Disorder Treatment Market by Country
11.2.3 North America Anxiety Disorder Treatment Market By Drug Class
11.2.4 North America Anxiety Disorder Treatment Market By End-User
11.2.5 USA
11.2.5.1 USA Anxiety Disorder Treatment Market By Drug Class
11.2.5.2 USA Anxiety Disorder Treatment Market By End-User
11.2.6 Canada
11.2.6.1 Canada Anxiety Disorder Treatment Market By Drug Class
11.2.6.2 Canada Anxiety Disorder Treatment Market By End-User
11.2.7 Mexico
11.2.7.1 Mexico Anxiety Disorder Treatment Market By Drug Class
11.2.7.2 Mexico Anxiety Disorder Treatment Market By End-User
11.3 Europe
11.3.1 Trend Analysis
11.3.2 Eastern Europe
11.3.2.1 Eastern Europe Anxiety Disorder Treatment Market by Country
11.3.2.2 Eastern Europe Anxiety Disorder Treatment Market By Drug Class
11.3.2.3 Eastern Europe Anxiety Disorder Treatment Market By End-User
11.3.2.4 Poland
11.3.2.4.1 Poland Anxiety Disorder Treatment Market By Drug Class
11.3.2.4.2 Poland Anxiety Disorder Treatment Market By End-User
11.3.2.5 Romania
11.3.2.5.1 Romania Anxiety Disorder Treatment Market By Drug Class
11.3.2.5.2 Romania Anxiety Disorder Treatment Market By End-User
11.3.2.6 Hungary
11.3.2.6.1 Hungary Anxiety Disorder Treatment Market By Drug Class
11.3.2.6.2 Hungary Anxiety Disorder Treatment Market By End-User
11.3.2.7 Turkey
11.3.2.7.1 Turkey Anxiety Disorder Treatment Market By Drug Class
11.3.2.7.2 Turkey Anxiety Disorder Treatment Market By End-User
11.3.2.8 Rest of Eastern Europe
11.3.2.8.1 Rest of Eastern Europe Anxiety Disorder Treatment Market By Drug Class
11.3.2.8.2 Rest of Eastern Europe Anxiety Disorder Treatment Market By End-User
11.3.3 Western Europe
11.3.3.1 Western Europe Anxiety Disorder Treatment Market by Country
11.3.3.2 Western Europe Anxiety Disorder Treatment Market By Drug Class
11.3.3.3 Western Europe Anxiety Disorder Treatment Market By End-User
11.3.3.4 Germany
11.3.3.4.1 Germany Anxiety Disorder Treatment Market By Drug Class
11.3.3.4.2 Germany Anxiety Disorder Treatment Market By End-User
11.3.3.5 France
11.3.3.5.1 France Anxiety Disorder Treatment Market By Drug Class
11.3.3.5.2 France Anxiety Disorder Treatment Market By End-User
11.3.3.6 UK
11.3.3.6.1 UK Anxiety Disorder Treatment Market By Drug Class
11.3.3.6.2 UK Anxiety Disorder Treatment Market By End-User
11.3.3.7 Italy
11.3.3.7.1 Italy Anxiety Disorder Treatment Market By Drug Class
11.3.3.7.2 Italy Anxiety Disorder Treatment Market By End-User
11.3.3.8 Spain
11.3.3.8.1 Spain Anxiety Disorder Treatment Market By Drug Class
11.3.3.8.2 Spain Anxiety Disorder Treatment Market By End-User
11.3.3.9 Netherlands
11.3.3.9.1 Netherlands Anxiety Disorder Treatment Market By Drug Class
11.3.3.9.2 Netherlands Anxiety Disorder Treatment Market By End-User
11.3.3.10 Switzerland
11.3.3.10.1 Switzerland Anxiety Disorder Treatment Market By Drug Class
11.3.3.10.2 Switzerland Anxiety Disorder Treatment Market By End-User
11.3.3.11 Austria
11.3.3.11.1 Austria Anxiety Disorder Treatment Market By Drug Class
11.3.3.11.2 Austria Anxiety Disorder Treatment Market By End-User
11.3.3.12 Rest of Western Europe
11.3.3.12.1 Rest of Western Europe Anxiety Disorder Treatment Market By Drug Class
11.3.2.12.2 Rest of Western Europe Anxiety Disorder Treatment Market By End-User
11.4 Asia-Pacific
11.4.1 Trend Analysis
11.4.2 Asia Pacific Anxiety Disorder Treatment Market by Country
11.4.3 Asia Pacific Anxiety Disorder Treatment Market By Drug Class
11.4.4 Asia Pacific Anxiety Disorder Treatment Market By End-User
11.4.5 China
11.4.5.1 China Anxiety Disorder Treatment Market By Drug Class
11.4.5.2 China Anxiety Disorder Treatment Market By End-User
11.4.6 India
11.4.6.1 India Anxiety Disorder Treatment Market By Drug Class
11.4.6.2 India Anxiety Disorder Treatment Market By End-User
11.4.7 Japan
11.4.7.1 Japan Anxiety Disorder Treatment Market By Drug Class
11.4.7.2 Japan Anxiety Disorder Treatment Market By End-User
11.4.8 South Korea
11.4.8.1 South Korea Anxiety Disorder Treatment Market By Drug Class
11.4.8.2 South Korea Anxiety Disorder Treatment Market By End-User
11.4.9 Vietnam
11.4.9.1 Vietnam Anxiety Disorder Treatment Market By Drug Class
11.4.9.2 Vietnam Anxiety Disorder Treatment Market By End-User
11.4.10 Singapore
11.4.10.1 Singapore Anxiety Disorder Treatment Market By Drug Class
11.4.10.2 Singapore Anxiety Disorder Treatment Market By End-User
11.4.11 Australia
11.4.11.1 Australia Anxiety Disorder Treatment Market By Drug Class
11.4.11.2 Australia Anxiety Disorder Treatment Market By End-User
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Anxiety Disorder Treatment Market By Drug Class
11.4.12.2 Rest of Asia-Pacific Anxiety Disorder Treatment Market By End-User
11.5 Middle East & Africa
11.5.1 Trend Analysis
11.5.2 Middle East
11.5.2.1 Middle East Anxiety Disorder Treatment Market by Country
11.5.2.2 Middle East Anxiety Disorder Treatment Market By Drug Class
11.5.2.3 Middle East Anxiety Disorder Treatment Market By End-User
11.5.2.4 UAE
11.5.2.4.1 UAE Anxiety Disorder Treatment Market By Drug Class
11.5.2.4.2 UAE Anxiety Disorder Treatment Market By End-User
11.5.2.5 Egypt
11.5.2.5.1 Egypt Anxiety Disorder Treatment Market By Drug Class
11.5.2.5.2 Egypt Anxiety Disorder Treatment Market By End-User
11.5.2.6 Saudi Arabia
11.5.2.6.1 Saudi Arabia Anxiety Disorder Treatment Market By Drug Class
11.5.2.6.2 Saudi Arabia Anxiety Disorder Treatment Market By End-User
11.5.2.7 Qatar
11.5.2.7.1 Qatar Anxiety Disorder Treatment Market By Drug Class
11.5.2.7.2 Qatar Anxiety Disorder Treatment Market By End-User
11.5.2.8 Rest of Middle East
11.5.2.8.1 Rest of Middle East Anxiety Disorder Treatment Market By Drug Class
11.5.2.8.2 Rest of Middle East Anxiety Disorder Treatment Market By End-User
11.5.3 Africa
11.5.3.1 Africa Anxiety Disorder Treatment Market by Country
11.5.3.2 Africa Anxiety Disorder Treatment Market By Drug Class
11.5.3.3 Africa Anxiety Disorder Treatment Market By End-User
11.5.2.4 Nigeria
11.5.2.4.1 South Africa Anxiety Disorder Treatment Market By Drug Class
11.5.2.4.2 South Africa Anxiety Disorder Treatment Market By End-User
11.5.2.5 South Africa
11.5.2.5.1 South Africa Anxiety Disorder Treatment Market By Drug Class
11.5.2.5.2 South Africa Anxiety Disorder Treatment Market By End-User
11.5.2.6 Rest of Africa
11.5.2.6.1 Rest of Africa Anxiety Disorder Treatment Market By Drug Class
11.5.2.6.2 Rest of Africa Anxiety Disorder Treatment Market By End-User
11.6 Latin America
11.6.1 Trend Analysis
11.6.2 Latin America Anxiety Disorder Treatment Market by Country
11.6.3 Latin America Anxiety Disorder Treatment Market By Drug Class
11.6.4 Latin America Anxiety Disorder Treatment Market By End-User
11.6.5 Brazil
11.6.5.1 Brazil Anxiety Disorder Treatment Market By Drug Class
11.6.5.2 Brazil Anxiety Disorder Treatment Market By End-User
11.6.6 Argentina
11.6.6.1 Argentina Anxiety Disorder Treatment Market By Drug Class
11.6.6.2 Argentina Anxiety Disorder Treatment Market By End-User
11.6.7 Colombia
11.6.7.1 Colombia Anxiety Disorder Treatment Market By Drug Class
11.6.7.2 Colombia Anxiety Disorder Treatment Market By End-User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Anxiety Disorder Treatment Market By Drug Class
11.6.8.2 Rest of Latin America Anxiety Disorder Treatment Market By End-User
12. Company Profiles
12.1 Pfizer, Inc.
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Eli Lilly and Company
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 GlaxoSmithKline plc
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 AstraZeneca
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Johnson & Johnson
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Bristol-Myers Squibb Company
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Merck & Co., Inc.
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Sanofi-Aventis
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Lundbeck A/S
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Forest Laboratories
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. USE Cases And Best Practices
15. Conclusion
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