Title: is9792 (7)
1Seasonal Affective Disorder Therapeutics Market
is Pegged at Around US 450 Million in 2019
Report Id REP-GB-8821 Published On
Feb-2019 Category Healthcare, Pharmaceuticals
Medical Devices
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4Seasonal Affective Disorder Therapeutics Market
Analysis
- Seasonal Affective Disorder Therapeutics Market
is Pegged at Around US 450 Million in 2019 - The seasonal affective disorder (SAD)
therapeutics market is pegged at around US 450
million in 2019, with a modest Y-o-Y increase of
3.9 over 2018, according to a recent
intelligence report by Future Market Insights.
While drugs and devices collectively contribute
to the consumption volume of seasonal affective
disorder therapeutics, the latter will remain a
major shareholder in the market. Towards the end
of 2019, more than 3.4 million devices are likely
to be sold globally, in seasonal affective
disorder therapeutics market. - Popular drugs preferred in seasonal affective
disorder therapeutics include selective serotonin
reuptake inhibitors (SSRIs), according to the
report. While generics and branded drugs are
widely available in seasonal affective disorder
therapeutics market, Buproban and Citalopram
continue to register relatively higher sales. FMI
attributes this dominance to high availability of
generic versions of the aforementioned drugs. - Bright light therapy that has been the most
preferred line of treatment in seasonal affective
disorder therapeutics continues to receive strong
support from physicians and patients owing to
positive end results. While more than half the
sales of devices used in seasonal affective
disorder therapeutics is accounted by light
boxes, sales of desk lamps are also thriving at a
brisk rate. - A highly recommended prophylactic measure
involved in seasonal affective disorder
therapeutics, light therapy is characterized by
its rapid, reliable, and highly anti-depressant
action. Extensive adoption of bright light
therapy by the patients afflicted by a
sub-syndromal disease and self-reporting patient
population prompts at bolstered revenue
visibility prospected for seasonal affective
disorder treatment therapeutics in coming years.
5Seasonal Affective Disorder Therapeutics Market
Analysis
- Demand for Combination Therapy for SAD Picking Up
- The report opines that light therapy is the first
line of treatment that seasonal affective
disorder therapeutics providers opt for. However,
a possible ineffective outcome for certain
patients of SAD related psychiatric illnesses and
depression creates scope of combination
therapies. Some of the recently reported clinical
trials emphasize potential efficacy of
combination of light therapy, psychotherapy, talk
therapy, and antidepressants in seasonal
affective disorder therapeutics. - Inaccessibility at workplaces or during traveling
has been a shortfall of light box therapy over
the years. To help patients suffering from SAD
explore non-conventional alternatives to seasonal
affective disorder therapeutics, Austria-based
med-tech startup, Active Wearables, recently
launched a wearable device Pocket Sky -
providing light therapy, practically anywhere.
The wearable has a wireless charging feature and
the battery life is claimed to last for a couple
of weeks. The Pocket Sky will potentially serve
as a portable and lightweight light therapy
solution to patients of seasonal affective
disorder. Such innovations will continue to
innovate the seasonal affective disorder
therapeutics market landscape. - Inadequate availability of research data and
ineffective documentation, especially related to
use of bright light and blue light in light
therapy, is posing a long-term challenge to rapid
revenue growth of seasonal affective disorder
therapeutics market. Moreover, proven adversities
associated with excessive use of antidepressants
also remain a concern among physicians and
patients alike, limiting healthy growth prospects
of seasonal affective disorder therapeutics
market.
6Seasonal Affective Disorder Therapeutics Market
Analysis
- The report tracks performance of global seasonal
affective therapeutics market over 2018-2028.
In-depth strategic profiles of some of the
leading players have been covered in the report,
including Allergan plc, Eli Lily Company,
GlaxoSmithKline plc, Pfizer Inc., Teva
Pharmaceuticals Inc., F. Hoffmann-La Roche AG,
Sanofi AG, Novartis AG, Janssen Pharmaceuticals,
Inc., and Koninklijke Philips N.V. among others. - Sourcehttps//www.globenewswire.com/news-release/
2019/02/18/1733703/0/en/Seasonal-Affective-Disorde
r-Therapeutics-Market-is-Pegged-at-Around-US-450-M
illion-in-2019-Future-Market-Insights.html - More from FMIs Healthcare, Pharmaceuticals and
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packaged solution, which combines current market
intelligence, statistical anecdotes, technology
inputs, valuable growth insights and an aerial
view of the competitive framework and future
market trends.
7Seasonal Affective Disorder Therapeutics Market
Analysis
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