Global Panic Disorders Market Benefits from Rising Awareness Among Global Population Regarding Available Treatment Methods

San Francisco, California, November 06, 2018: A recent market research report by TMR Research presents a scrupulous account of the growth prospects of the global market for panic disorders. The report is titled “Panic Disorders Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025.”

The market is expected to embark on a path of healthy growth in the next few years, benefitting from the rising number of drugs for panic disorders entering and passing clinical trials. The rising prevalence of panic disorders due to hectic lifestyles of people, especially in urban settings globally, and the increased focus of leading companies in the market on expanding their product portfolios are expected to be the key factors driving the market.

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The market is also expected to benefit from the rising awareness regarding mental and anxiety disorders and the easy availability of a vast variety of drugs for panic disorders across the globe. However, the lack of awareness regarding in developing and underdeveloped economies regarding the serious impact of panic disorders on everyday lives of patients could hinder the growth of the market to a certain extent over the report’s forecast period.

From a geographical standpoint, the market in North America is envisaged to be at the forefront in terms of growth prospects and revenue contribution to the global market over the forecast period. This is chiefly owing to the high concentration of leading companies and the rising awareness regarding the available cures for a number of panic disorders among people in the region.

The market in Asia Pacific, on the other hand, will exhibit growth at a robust pace over the forecast period owing to the vast set of untapped growth opportunities in the region and the rising awareness among people. Rising disposable incomes and increased expenditure on healthcare are also expected to work well for the Asia Pacific panic disorders market in the next few years.

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Some of the leading companies operating in the global panic disorders market are Sanofi, Bristol-Myers Squibb Company, GlaxoSmithKline plc, H. Lundbeck A/S, F. Hoffmann-La Roche Ltd., Actavis plc, Boehringer Ingelheim GmbH, Mylan, Inc., Eli Lilly and Company, and Pfizer, Inc.

Panic Disorders Market to Receive overwhelming hike in Revenues by 2025

Global Panic Disorders Market: Snapshot

Panic disorders, also known as anxiety disorder deals with recurrent and unexpected panic attacks. These attacks are sudden and can affect the health of a person on a serious note if untreated. As a result, several drugs and therapeutics have been introduced in order to treat patients suffering from panic disorders across the globe. The rising demand for effective drugs and the rising awareness regarding its availability of therapeutics are anticipated to encourage the growth of the global panic disorder market in the next few years. The hectic lifestyle and the rising work pressure are some of the common causes resulting in panic disorders across the globe.

The leading players in the global panic disorders market are focusing on creating an awareness among people regarding this condition and the several effects if not properly treated are expected to encourage the market’s growth in the coming years. In addition, the increasing emphasis of players on development of new product and research and development activities is likely to generate lucrative and promising growth opportunities for key players operating in the global panic disorders market. The rising preference of patients on spending significantly towards healthcare expenses is expected to accelerate the growth of the market in the near future.

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With a substantial rise in the competitive level, the market players are expected to witness high growth. The expansion of the product portfolio and the rising demand from developed economies are anticipated to encourage the growth of the global panic disorders market in the next few years. Moreover, the marketing strategies adopted by the players and the enhancement of the distribution network are some of the important aspects expected to augment global panic disorders market in the near future.

Global Panic Disorders Market: Overview 

The increasing number of drugs in the clinical trials and the effective therapeutics available across the globe are propelling the global panic disorders market. The rising number of cases owing to the hectic lifestyle is one of the major factors boosting the cases of panic disorders. Nonetheless, with the rising focus of leading players on the expansion of the product portfolio, the market is likely to witness high growth in the next few years. 

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The research report on the global panic disorders market provides a comprehensive analysis, focusing on the latest trends, growth prospects, and opportunities. With the help of primary and secondary data, the research study throws light on the leading segments and regions of the global panic disorders market. Furthermore, an in-depth analysis of the competitive landscape of the global market has been presented to guide the new entrants of the market. 

Global Panic Disorders Market: Drivers and Restraints

The rising prevalence of anxiety and mental disorders, the rising awareness regarding the disorders, and the availability of effective treatment options are some of the vital factors that are estimated to fuel the growth of the global panic disorders market throughout the forecast period. The rising initiatives being taken by the leading players to create an understanding among consumers is expected to accelerate the growth of the market in the near future.

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On the other hand, the lack of awareness, especially in underdeveloped and developing economies regarding the severity of these disorders if not treated is one of the key factors likely to restrict the growth of the overall market in the coming years. Nonetheless, at present, several drugs are in different phases of clinical trials, which are expected to be commercialized soon are projected to encourage the growth of the market. 

Global Panic Disorders Market: Region-wise Outlook

Among the key regional segments, North America is predicted to lead the global panic disorders market and hold a massive share in the forecast period. The high growth of this region can be attributed to the presence of a large number of players and the growing awareness among consumers regarding the availability of effective therapeutics for panic disorders. Furthermore, Europe is expected to remain in the second position throughout the forecast period.

On the other hand, Asia Pacific is projected to witness robust growth in the near future, thanks to the untapped lucrative opportunities for the key players. In addition, the rising purchasing capacity of consumers is expected to encourage the growth of the market in the next few years. India and China are anticipated to contribute significantly towards the growth of the panic disorders market in Asia Pacific. 

Key Players Mentioned in the Research Report are:

The global market for panic disorders is highly competitive in nature, owing to the presence of a large number of players operating in it. Some of the key players in the market are H. Lundbeck A/S, Bristol-Myers Squibb Company, Actavis plc, Boehringer Ingelheim GmbH, Sanofi, Eli Lilly and Company, GlaxoSmithKline plc, Neurocrine Biosciences, Inc., F. Hoffmann-La Roche Ltd., Mylan, Inc., Valeant Pharmaceuticals International, Inc., AstraZeneca plc, and Pfizer, Inc.

Hectic Lifestyle to Trigger Demand for Panic Disorder Drugs

San Francisco, California, July 11, 2017: Hectic lifestyle of people across the globe is the core cause of panic disorders among several age groups, states TMR Research in a research report. The report is titled, “Panic Disorders Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

Panic disorders are also termed as anxiety disorders which deals with unexpected and recurrent panic attacks. These type of attacks occur suddenly and can also have a huge impact on a person’s health if left untreated. Thus, many therapeutics and drugs have been introduced for treating the patients who are suffering from panic disorders worldwide. The growing demand for effective drugs and the increasing awareness among consumers relating to the availability of drugs and therapeutics is expected to encourage the progress of the global market for panic disorders in the years ahead.

The key market players are concentrating on educating people regarding the severe repercussions of panic disorders when left untreated or not treated properly. This expected to instigate the growth of the market in the years yet to come. Additionally, the rising emphasis of companies on the development of novel and advanced products through investments in research and development activities is expected to present lucrative growth opportunities to the market players. The growing preference of patients who are spending on extensively on healthcare is further anticipated to accelerate the progress of the market in the coming years.

With significant rise in the level of competition, the companies operating in the market are anticipated to roll up their sleeves and enhance their marketing strategies. The growth of the market is expected to be encouraged with product portfolio expansion and growing demand for panic disorder drugs and therapeutics from the developed countries. Furthermore, the publicity strategies that are being adopted by the vendors and the enhanced distribution networks are some noteworthy aspects that likely to bolster the growth of the global market for panic disorders in the near future.

The market is gaining further impetus owing to the growing number of cases of panic or anxiety disorders due to hectic lifestyle. The availability of good treatment and enhancing awareness is expected to act as major aspects boosting the growth of the market in the years to come. Region-wise, the market is anticipated to be led by North America owing to the prevalence of numerous players in the market and the availability of therapeutics. Asia Pacific is expected to catch up in the competition. The core players present are Pfizer, Inc., AstraZeneca plc, F. Hoffmann-La Roche Ltd., Neurocrine Biosciences, Inc., Neurocrine Biosciences, Inc., and Boehringer Ingelheim GmbH, among others.