The report on the global seasonal affective disorder market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
A type of depression occurring over a certain period is known referred as Seasonal Affective Disorder. This kind of disorder occurs mainly with the changing seasons, most of the time occurs in the winter season, but in few cases, people may have this the season of summers as well.
It is most common in women, people in between the age group of 15 to 55, and those who are living far from the equator. Some key symptoms of this kind of disorder are the increased appetite, loss of the ability to concentrate, hopelessness, weight gain, social withdrawal,.
There are certain risk factors related to such kind of disorder like Bipolar I disorder, major depressive disorder, Bipolar II disorder, and others.
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KEY PREMIUM INDUSTRY INSIGHTS
- Private companies and the government is investing heavily in the industry of healthcare for diagnosing, preventing, and treating infectious diseases. Growing investments in the drug development for the treatment of infectious diseases and increasing awareness associated with such kind of conditions are estimated to boost the growth of the seasonal affective disorder globally in the years to come.
- Also, increasing no. of the expired patent as well as generic drugs entry in the global market for seasonal affective disorder is anticipated to boost the market demand for infectious disease therapeutics owing to low prices. Also, accessibility of diagnosis & treatment reimbursement of such infections is anticipated to boost the market growth of seasonal affective disorder.
- However, lower penetration rate and large no. of available counterfeit drugs are anticipated to hamper the market growth of seasonal affective disorder over the forecast period.
Regionally, the global seasonal affective disorder market segmented into Europe, North America, Asia-Pacific, and the Rest of the World. Among these, North America region is the market leader in the global market for a seasonal affective disorder with maximum no.
of shares in the past few years. Availability of huge no. of manufacturers, the positive scenario of reimbursement and increasing healthcare expenditure are major factors for largest maximum market share for this particular region.
However, Asia Pacific region is more likely to grow with a maximum market share in the years to come.
KEY MARKET PLAYERS
Key players in the seasonal affective disorder market include:
- AbbVie Inc.
- Bayer AG
- Bristol-Myers Squibb Company
- F. Hoffmann-La Roche Ltd.
- Henry Schein, Inc.
- Pfizer Inc.
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