Antidepressants Market Key takeaways by Regions Analysis and Forecast to 2031
The Antidepressants Market has shown significant growth, with a size of USD 16.42 billion in 2023. Projections indicate further expansion, with expectations set to reach USD 24.83 billion by 2031. This growth reflects the increasing prevalence of mental health disorders globally and the growing acceptance and utilization of antidepressant medications as a primary treatment modality. With an anticipated compound annual growth rate (CAGR) of 5.3% over the forecast period from 2024 to 2031, the market is poised for steady growth, driven by factors such as rising awareness, expanding treatment options, and efforts to destigmatize mental health issues.
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