The major depressive disorder market attained a value of USD 6.10 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 5.30%, to reach USD 10.22 Billion by 2034.
Major depressive disorder is highly prevalent in women, owing to several factors such as hormonal differences, different psychosocial stressors, and childbirth effects. The average onset of this psychiatric disorder is estimated to be 40 years . The rising prevalence of mental illnesses is projected to boost the major depressive disorder market growth in the forecast period.
The market is witnessing steady growth supported by the surge in drug approvals by the health regulatory agencies. For instance, in October 2023, the United States Food and Drug Administration (FDA) approved gepirone ER, marketed as Exxua, to treat major depressive disorder (MDD). The medication developed by Fabre-Kramer Pharmaceuticals, Inc. (a United States pharmaceutical company) targets the serotonin 1A receptor, a key mood regulator. Exxua is the only drug that selectively stimulates the receptor without any adverse symptoms of weight gain or sexual dysfunction. The availability of such drugs in the market will positively influence the market landscape.
The major depressive disorder market demand is further bolstered by the rising geriatric population at a higher risk of developing mental disorders. The rising mental health campaigns and initiatives by the government to support patients suffering from clinical depression are also anticipated to accelerate the market growth in the forecast period.
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Major Depressive Disorder Market Overview
Major depressive disorder (MDD) is characterized by persistently low and depressed mood along with a loss of interest in everyday activities. The incidence rate is rising in the younger population due to alcohol and drug abuse. According to the Mental Health America prevalence data of 2023, 16.39% of youth aged between 12-17 years suffered from at least one major depressive episode (MDE) in the previous year. The state prevalence of MDE in youth was reported to be 12.57% in New Jersey and 21.13% in Oregon.Major depressive disorder is highly prevalent in women, owing to several factors such as hormonal differences, different psychosocial stressors, and childbirth effects. The average onset of this psychiatric disorder is estimated to be 40 years . The rising prevalence of mental illnesses is projected to boost the major depressive disorder market growth in the forecast period.
The market is witnessing steady growth supported by the surge in drug approvals by the health regulatory agencies. For instance, in October 2023, the United States Food and Drug Administration (FDA) approved gepirone ER, marketed as Exxua, to treat major depressive disorder (MDD). The medication developed by Fabre-Kramer Pharmaceuticals, Inc. (a United States pharmaceutical company) targets the serotonin 1A receptor, a key mood regulator. Exxua is the only drug that selectively stimulates the receptor without any adverse symptoms of weight gain or sexual dysfunction. The availability of such drugs in the market will positively influence the market landscape.
The major depressive disorder market demand is further bolstered by the rising geriatric population at a higher risk of developing mental disorders. The rising mental health campaigns and initiatives by the government to support patients suffering from clinical depression are also anticipated to accelerate the market growth in the forecast period.
Major Depressive Disorder Market Trends
Personalized Medicine
There is a growing demand for personalized or precision medicine in treating MDD, where treatments are customized based on individual genetic makeup, lifestyle, and response to past treatments.Digital Therapeutics
There has been an emergence of digital therapeutics, including apps to track symptoms, and provide therapeutic activities. These tools are becoming an important part of the treatment regimen for MDD.Combination Therapies
An increasing focus on combination therapies that use a mix of medications, psychotherapy, and lifestyle changes to treat MDD.Next-Generation Antidepressants
The development of next-generation antidepressants that target new pathways and mechanisms of action beyond the traditional pathways. This includes drugs targeting the glutamatergic system and other novel approaches to treat MDD more effectively and with fewer side effects.Major Depressive Disorder Market Segmentation
Global Major Depressive Disorder Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Product Type
- Benzodiazepines
- Antidepressant Drugs
- SSRIs
- SNRIs
- Others
Market Breakup by Treatment Type
- Medication
- Antidepressant Drugs
- Adjunctive Therapies
- Psychotherapy
- Cognitive Behavioral Therapy (CBT)
- Interpersonal Therapy (IPT)
- Other Therapeutic Approaches
- Brain Stimulation Therapies
- Electroconvulsive Therapy (ECT)
- Transcranial Magnetic Stimulation (TMS)
Market Breakup by Diagnosis Tests
- Psychological Assessments
- Blood Tests
- Imaging Technologies
- Laboratory Tests
- Other Diagnostic Tools
Market Breakup by Distribution Channel
- Pharmacies and Retail Stores
- Online Pharmacies
- Hospitals and Clinics
- Others
Market Breakup by End User
- Hospitals and Clinics
- Mental Health Centres
- Ambulatory Surgical Centres (ASCs)
Market Breakup by Region
- United States
- United Kingdom
- Germany
- France
- Italy
- Spain
- United Kingdom
- Japan
- China
Major Depressive Disorder Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:- Lundbeck
- AbbVie
- Relmada Therapeutics
- Axsome Therapeutics
- Alkermes
- Intra-Cellular Therapies
- Allergan plc
- Pfizer Inc.
- Sanofi S.A.
- Johnson & Johnson
- Merck & Co.
- Eli Lilly and Company
- Takeda Pharmaceutical Company Limited
- AstraZeneca Plc
- GSK plc
Key Queries Solved in the Major Depressive Disorder Market Report
- How has the major depressive disorder market performed so far and how is it anticipated to perform in the coming years?
- What are the major market trends influencing the market?
- What are the market's major drivers, opportunities, and restraints?
- Which regional market is expected to lead the market share in the forecast period?
- Which country is expected to experience expedited growth during the forecast period?
- How does the prevalence and incidence of major depressive disorder affect the market landscape?
- How does the rise in the geriatric population impact the major depressive disorder market size?
- What treatment type of major depressive disorder will dominate the market share?
- Which diagnostic method is expected to have a high market value in the coming years?
- Which product type will experience the highest demand in the market segment?
- How will the ongoing clinical trials impact the market value during the forecast period?
- What are the factors driving regional disparities in major depressive disorder treatment and outcomes?
- What are the current unmet needs and challenges in the market?
- How are partnerships, collaborations, and mergers & acquisitions among the key market players shaping the market dynamics?
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Table of Contents
1 Preface
3 Major Depressive Disorder Market Overview - 8 Major Markets
4 Major Depressive Disorder Overview
5 Patient Profile
6 Major Depressive Disorder Epidemiology Analysis- 8 Major Markets
7 Major Depressive Disorder Market Landscape*- 8 Major Markets
8 Major Depressive Disorder Treatment Challenges and Unmet Needs
10 Major Depressive Disorder Market Dynamics
11 Major Depressive Disorder Market Segmentation (2018-2034) - 8 Major Markets
12 United States Major Depressive Disorder Market (2018-2034)
13 EU-4 and United Kingdom Major Depressive Disorder Market (2018-2034)
14 Japan Major Depressive Disorder Market (2018-2034)
15 China Major Depressive Disorder Market (2018-2034)
16 Regulatory Framework
17 Patent Analysis
18 Grants Analysis
19 Clinical Trials Analysis
20 Funding Analysis
21 Partnership and Collaborations Analysis
22 Supplier Landscape
23 Major Depressive Disorder Market - Distribution Model (Additional Insight)
25 Company Competitiveness Analysis (Additional Insight)
26 Payment Methods (Additional Insight)
Companies Mentioned
- Lundbeck
- AbbVie
- Relmada Therapeutics
- Axsome Therapeutics
- Alkermes
- Intra-Cellular Therapies
- Allergan plc
- Pfizer Inc.
- Sanofi S.A.
- Johnson & Johnson
- Merck & Co.
- Eli Lilly and Company
- Takeda Pharmaceutical Company Limited
- AstraZeneca Plc
- GSK plc