Seasonal Affective Disorder Market is trending with CAGR of 4.2% by 2023, Key Players- AbbVie Inc., Allergan, Bayer AG, Bristol-Myers Squibb Company Etc.
Market Research Future has announced the addition of the "Global Seasonal Affective Disorder Market Research Report which gives Market Size, Shares and Forecasts till 2023. The Seasonal Affective Disorder Industry Report Provide analysis and evaluation of the current and prospective profitability.
Market Scenario:
Seasonal Affective Disorder (SAD) is a type of depression that occurs during a certain time of the year. This disorder is related to changes in seasons, mostly occurs in winter but some people may have this disorder in summers as well.
Seasonal affective disorder is most common in women, people between the ages of 15 to 55, and the people who live far from the equator where winter daylight hours are too short. Some major symptoms of this disorder are hopelessness, increased appetite, weight gain, loss of the ability to concentrate, social withdrawal etc.
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There are some risk factors associated with this disorder such as major depressive disorder, Bipolar I disorder, Bipolar II disorder, and others.
Key Players:
AbbVie Inc. (US)
Allergan (Republic of Ireland)
Bayer AG (Germany)
Bristol-Myers Squibb Company (US)
F. Hoffmann-La Roche Ltd. (Switzerland)
Henry Schein, Inc. (US)
Pfizer Inc. (US)
Increasing prevalence and growing awareness of this disorder are driving the market growth. Increasing number of physician visits related to seasonal affective disorder is increasing which is another growth factor for the market.
Some other factors such as changing lifestyle and lack of exercise are also key drivers for the market growth. Availability and adoption of new treatments for this disorder are another important factors for the market growth.
The global seasonal affective disorder market is growing moderately and is expected to continue its growth during the forecast period. The global seasonal affective disorder market is expected to grow at the CAGR of ~4.2% during the forecast period and is estimated to reach USD 694.9million by 2023.
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Market Segments:
The global seasonal affective disorder market is segmented on the basis of type, which includes fall and winter SAD, spring and summer SAD, and others.
On the basis of diagnosis, the market is segmented into physical exam, lab tests, psychological evaluation, and others. Lab tests is sub-segmented into complete blood count (CBC), thyroid blood tests, and others.
On the basis of treatments, the market is segmented into light therapy (phototherapy), medications, psychotherapy, counselling, and others. Medications includes antidepressants, and others. On the basis of end user, it is segmented into hospitals & clinics, academic institutes, medical research centers, and others.
Regional Analysis:
The Americas hold the largest share in the global Seasonal affective disorder market. North America dominates the market in this region. Approximately 5% of the US population is suffering from seasonal depression some other factors such as changing lifestyle plays an important role in market growth.
South America market is also growing significantly, especially growth is higher in countries such as Brazil due to increasing awareness about various mental disorders.
The prevalence of seasonal affective disorder in Asia Pacific region is about 0.9% which is lower as compare to North America and Europe. However, people are getting more aware about this disorder which is driving the market growth.
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Major Points form TOC for Seasonal Affective Disorder Market Research Report – Forecast to 2023
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Seasonal Affective Disorder Market, By Type
Chapter 7. Global Seasonal Affective Disorder Market, By Treatment
Chapter 8 Global Seasonal Affective Disorder Market, By End User
Chapter 9. Global Seasonal Affective Disorder Market, By Region
Chapter 10. Company Landscape
Chapter 11. Company Profiles
Chapter 12. MRFR Conclusion
Chapter 13. Appendix
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