Panic disorders diagnosed in patients who experience spontaneous attacks and preoccupied with the anxiety of a recurring panic disorder. Panic disorders usually appear in adolescents and rarely observed in children’s. Treatment includes psychological therapy, medicinal treatment, anxiety management therapies, and others. In medical treatment, antidepressants and benzodiazepines are used when symptoms are severe.
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Segmentations-
- Based on Drug Class
- Anti-Depressants
- Benzodiazepines
- Based on Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Drug Stores
- E-Commerce
According to Anxiety and Depression Association of America, 2-3% of Americans always experience panic disorders in a given year. Panic disorders more common in women than men. Approximately 5% of Australian population experience panic attacks and 2.6% people are experiencing panic disorders over 12 months.
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Global Panic Disorders market witnessed rapid growth due to rising demand for effective medicinal treatments of Panic Disorders. Manufacturers are more focused on innovations to develop patient treatments. Globally, demand for Panic Disorders is increasing due to raising awareness and others part of the market, manufacturers are mainly focused on controlled drug delivery systems to control drug abuse.
Panic Disorders market has a presence of many regional players which have a huge market share in emerging countries operating at regional or country level. The future of Panic Disorders market is anticipated to grow at double CAGR during the forecast period.
North America dominates the global Panic Disorders Market due to the high awareness, and in North America, USA is a major stakeholder due to the high penetration. Economic conditions in the APAC region are set to drive the Panic Disorders market to new heights.
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European and APAC are fastest growing region due to the high adoption of Panic Disorders treatment. Latin America is growing at stable pace due to increasing acceptance of Panic Disorders treatment.
The Middle East and Africa regions are showing significant growth because of raising awareness regarding Panic Disorders during the forecasted period. However, developed countries would maintain its position in the Panic Disorders market because of increasing awareness and rising adoption.
The key participants in Panic Disorders Market are Teva Pharmaceutical Inc., Sun Pharmaceuticals, Mylan, AstraZeneca, and others. The companies are mainly focusing on intense marketing to convey benefits of Panic Disorders.
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