Global Post-Traumatic Stress Disorder (PTSD) Therapeutics Market: Overview
Post-traumatic stress disorder (PTSD) refers to a psychological condition that affects people of any gender or age group. Symptoms of this condition can come up immediately following a traumatic experience or during the over a course of time. These symptoms include avoiding stressful situations, mood swings, and other such events. Increased prevalence of the disease, particularly amongst the women, is expected to drive the global post-traumatic stress disorder (PTSD) therapeutics market over the tenure of analysis, from 2020 to 2030.
Drug class and region are the two important parameters based on which the global Post-Traumatic Stress Disorder (PTSD) Therapeutics market has been categorized.
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Global Post-Traumatic Stress Disorder (PTSD) Therapeutics Market: Notable Developments
The global post-traumatic stress disorder (PTSD) therapeutics market is fragmented and marked with the presence high competition. This factor has led to a race of introducing new therapies in the market, which is expected to give competitive edge to the players.
Some well-known organizations in the global post-traumatic stress disorder (PTSD) therapeutics market include the below-mentioned:
· GlaxoSmithKline Plc
· Novartis International AG
· AstraZeneca Plc
· Neurocrine Biosciences Inc.
· Azevan Pharmaceuticals Inc.
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Global Post-Traumatic Stress Disorder (PTSD) Therapeutics Market: Key Trends
The global post-traumatic stress disorder (PTSD) therapeutics market is characterized by the presence of the following restraints, drivers, and opportunities.
Market to Observe Growth in the Rising Incidences of the Disorder Worldwide
The increased prevalence of post-traumatic stress disorder is expected to emerge as a primary factor driving the growth of the global post-traumatic stress disorder (PTSD) therapeutics market over the period of assessment. Rise in the incidences of violence, accidents, cross-borders tensions, and occupational hazards and accidents act as growth factors for the global post-traumatic stress disorder (PTSD) therapeutics market.
In addition, augmented focus on rehabilitation programs for the injured military personnel is likely to drive the demand for post-traumatic stress disorder therapeutics in the near future.
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Global Post-Traumatic Stress Disorder (PTSD) Therapeutics Market: Geographical Analysis
Considering regions, North America is expected to dominate the landscape due to augmented prevalence of incidences of post-traumatic stress disorders amongst the Americans. In addition, presence of advanced healthcare infrastructure is estimated to play an important role in the growth of the post-traumatic stress disorder (PTSD) therapeutics market in North America.
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