Anti suicide drugs market
Anti-Suicide Drugs Market, by Drug Class (Anti-Depressant and Anti-Anxiety Drugs, Anti-Psychotic Drugs, NMDA Antagonist, Antibiotic Analog), by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Trends, and Forecast 2019 - 2027
- Aug 2019
- CMI10
- 150 Pages
- Excel & Pdf
- Pharmaceutical
Anti-Suicide Drugs – Beacon Light of Life on the Horizon
Depression is one of the major healthcare burdens worldwide leading to lower productivity and in severe cases leading to suicidal tendencies. Anti-depressant and anti-psychotic drugs are especially high in demand during economic crisis and social negligence. These drugs also serve as a therapy for preventing suicidal thoughts and attempts. However, overdose of these drugs can be fatal and therefore, needs to be administered under the direction of a physician. Extensive research related to suicide treatment is expected to provide a better solution to the global population during the latter half of the forecast period (2019-2027). This would improve the outlook of global anti-suicide drugs market and would help in reducing deaths due to suicide.
The global anti-suicide drugs market was valued at US$ 3,818.1 million in 2018 and is expected to witness a moderate CAGR of 4.1% during the forecast period (2019 – 2027).
Figure 1. Global Anti-Suicide Drugs Market, Drug Pipeline Snapshot
Source: Coherent Market Insights Analysis (2017)
Anti-Suicide Drugs Market to be on High Growth Trajectory Post Launch of Anti-Suicidal Drug
NeuroRx Pharma has developed a novel anti-suicidal product Cyclurad (D-cycloserine and Lurasidone) which is indicated for Acute Suicidal Ideation/Behavior (ASIB) in Bipolar Depression. The estimated commercialization of the drug post-2020 is expected to be a major breakthrough innovation for the anti-suicide drugs market. Moreover, introduction of other such novel drugs for suicide would augment the anti-suicide market growth. People with major depressive disorder and risk for suicide would greatly benefit from such novel drug therapies.
Furthermore, increase in research studies for ketamine, an anesthetic drug in reducing suicidal thoughts in depressed people may also exhibit a significant growth in the market. For instance, in December 2017, a researcher from the Columbia University Medical Center in the U.S. found that administration of low-dose ketamine had a significant results in reduction of suicidal thoughts within 24 hours among 80 depressed adults. Such treatment offers a promising treatment for rapid relief of suicidal thoughts in depressed people.
High Suicidal Rates to Contribute Towards the Positive Anti-Suicide Drugs Market Outlook
According to the World Health Organization (WHO), suicide accounted for 1.4% of the total deaths worldwide in 2012, accounting for around 800 thousand deaths each year. Russia, India, Republic of Korea, Guyana, Lithuania, Sri Lanka, Hungary, Kazakhstan, and Japan are among the nations with high suicidal rates as per the WHO 2012 data. Emerging nations therefore possess immense opportunity for anti-suicidal drugs. However, being the first ever oral anti-suicidal therapeutic drug, companies are likely to capture the anti-suicide drugs market in developed regions such as North America and Western Europe. This mainly due to rapid adoption of new therapies and accessibility to healthcare facilities in these regions as compared to emerging economies.
Anti-Suicide Drugs Market to Gain Initial Traction in Developed Economies
Major players operating in the global anti-suicide drugs market include Pfizer, Inc., AstraZeneca plc, Eli Lilly and Company, Allergan plc, GlaxoSmithKline plc, Merck & Co., Inc., H. Lundbeck A/S, NeuroRx, Inc., and Johnson & Johnson. High healthcare expenditure in developed economies of North America and Europe is responsible for a higher market size of anti-suicidal drugs in these regions. Moreover, developed regions offer better healthcare infrastructure and are usually early adopters of new therapies. The anti-suicide drugs market in North America and Europe is expected to gain significant traction during the latter half of the forecast period, with the launch of anti-suicidal drug. Increasing healthcare expenditure in emerging economies and high prevalence of suicides in these regions is expected to bring about a paradigm shift in the market. Companies are expected to focus on capitalizing on lucrative opportunities in these regions at the turn of the following decade. This would ensure sustained growth for the market in the foreseeable future.
Global Anti-Suicide Drugs Market Share Analysis (%), by Key Players, 2018
Source: Coherent Market Insights Analysis (2019)
Table of Contents
- Research Objective and assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet By Drug Class
- Market Snippet By Geography
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Epidemiology
- Healthcare Spending
- PEST Analysis
- Pipeline Analysis
- Anti-Suicide Prevention Campaigns and Programs
- Global Anti-Suicide Drugs Market, By Drug Class, 2016 - 2027 (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-O-Y Growth Analysis, 2016 - 2027
- Segment Trends
- Anti-Depressant and Anti-Anxiety Drugs
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
- Anti-Psychotic Drugs
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
- NMDA Antagonist
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
- Antibiotic Analog
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
- Global Anti-Suicide Drugs Market, By Geography, 2016 - 2027 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2019 and 2027 (%)
- Y-O-Y Growth Analysis, For Regions, 2016 - 2027
- North America
- Market Share Analysis, By Country, 2019 and 2027 (%)
- Y-O-Y Growth Analysis, By Country, 2016 - 2027
- U.S.
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Canada
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Europe
- Market Share Analysis, By Country, 2019 and 2027 (%)
- Y-O-Y Growth Analysis, By Country, 2016 - 2027
- U.K.
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Germany
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Italy
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- France
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Spain
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Russia
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Asia Pacific
- Market Share Analysis, By Country, 2019 and 2027 (%)
- Y-O-Y Growth Analysis, By Country, 2016 - 2027
- China
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- India
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Japan
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- ASEAN
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Australia
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- South Korea
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Latin America
- Market Share Analysis, By Country, 2019 and 2027 (%)
- Y-O-Y Growth Analysis, By Country, 2016 - 2027
- Brazil
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Mexico
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Argentina
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Rest of Latin America
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Middle East
- Market Share Analysis, By Country, 2019 and 2027 (%)
- Y-O-Y Growth Analysis, By Country, 2016 - 2027
- GCC Countries
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Israel
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Rest of Middle East
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Africa
- Market Share Analysis, By Country, 2019 and 2027 (%)
- Y-O-Y Growth Analysis, By Country, 2016 - 2027
- Northern Africa
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Central Africa
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- South Africa
- Country Trends
- Market Size and Forecast, By Drug Class, 2016 - 2027 (US$ Million)
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Pfizer, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Developments
- Market Presence
- AstraZeneca plc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Developments
- Market Presence
- Eli Lilly and Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Developments
- Market Presence
- Allergan plc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Developments
- Market Presence
- GlaxoSmithkline plc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Developments
- Market Presence
- Merck & Co., Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Developments
- Market Presence
- H. Lundbeck A/S
- Company Overview
- Product Portfolio
- Financial Performance
- Key Developments
- Market Presence
- NeuroRx, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Developments
- Market Presence
- Johnson & Johnson
- Company Overview
- Product Portfolio
- Financial Performance
- Key Developments
- Market Presence
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 48 market data tables and 44 figures on "Anti-Suicide Drugs Market - Global forecast to 2027”.