Post-Traumatic Stress Disorder Market Overview:
Post-Traumatic Stress Disorder (PTSD) is fast gaining recognition as people have started realizing how it can shape lives. The growing awareness is playing a positive role in taking the global post-traumatic stress disorder market share. As per the report published by Market Research Future (MRFR), several factors are there that can directly impact market growth.
Post-Traumatic Stress Disorder is a disease that is generally triggered in human beings when they go through the nightmarish experience. These experiences often include war, sexual assault, mugging, accidents, others. Some people come out of it after a few months but often there are people who witness its impact for a long time. It can turn fatal if not taken at the right time. Several other factors like an increase in the number of clinical trials, availability of better medicines, growing initiatives from government and private investors, and others can make sure that the market does not slump. The use of cannabidiol (CBD) for the treatment of Post-Traumatic Stress Disorder (PTSD) can trigger further problems. The global market for PTSD may find growth with few bumps as medicines needed for the treatment are often unavailable in regions. In addition, the market may find the growth to be a bit slackened due to a lack of acknowledgment.
Segmentation
The global market for Post-Traumatic Stress Disorder (PTSD) market overview has been studied in the published report of MRFR using segmentation. These segments are treatment and end users. Such segmental analysis gives a deeper look into the market using which the growth would be easier.
By treatment, the global market for Post-Traumatic Stress Disorder (PTSD) has been segmented in the report into psychotherapy and medication. Psychotherapy requires cognitive-behavioral therapy (CBT) that can reduce the impact of such disorders. The medication segment is the largest one and several drugs are in the pipeline waiting for FDA approval, which can transform the market.
By end user, the global market for Post-Traumatic Stress Disorder (PTSD) can be segmented into hospitals & clinics, ambulatory surgical centers, and others. Of these, the hospitals & clinics segment is the largest one as a lot of patients suffering from the disease require rehabilitation.
Regional Analysis:
The global market for PTSD would benefit more from the North American market as the level of awareness is quite high. A lot of people are now coming out of their closet regarding such disorders and are seeking help, which would be beneficial for the market. People suffering from the trauma of war are high in number owing to which the growth for the market would be smoother. In Europe, the growth would be easier with various research and development expenditures. The region is advanced in terms of acknowledging distress owing to which the market may itself on a trajectory moving upward.
In the Asia Pacific region, government initiatives and NGOs are playing crucial roles in making people aware of the changes they might have been experiencing unknowingly. In addition, better healthcare support can also provide ample back up to the market. In countries like India, China, Japan, and others it would be clearly visible.
Competitive Analysis:
Several players are trying to impact the market with their strategic moves. These are mainly aimed at their personal development but the market is also benefiting as a whole from it. These companies are Eli Lilly and Company (US), GlaxoSmithKline (UK), Pfizer (US), Azevan Pharmaceuticals (US), Lundbeck A/S (Denmark), Tonix Pharmaceuticals Holding Corp. (US), Marinus Pharmaceuticals, Inc. (US), Greenstone LLC (US), Bionomics (Australia), and Mylan NV (US). MRFR’s detailed profiling of these companies may trigger a better market understanding.
In December 2019, a new study on post-traumatic stress disorder revealed that PTSD evolves in two different tracks; one includes fear conditioning and intrusive thoughts, and the other comprises symptoms associated with depression
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