Antidepressants Market Size - By Drug Class (Selective Serotonin Reuptake Inhibitors, Serotonin & Norepinephrine Reuptake Inhibitors, Atypical Antidepressants, Tricyclic Antidepressants), By Disorder (Major Depressive Disorder, Obsessive-Compulsive Disorder, Generalized Anxiety Disorder), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacies) & By Region: Global Forecast 2023 – 2033

  • 2023-10-18
  • 280
  • Healthcare & Life Sciences

Market Overview

Antidepressants Market is projected to achieve a value of USD 17,243 Million in 2023, with a linear behavior in the market growth it is forecasted to achieve a value of USD 23,423 Million by 2033 with a CAGR of 6% during the forecast period 2023-2033.

Antidepressants are drugs used in the management of a range of mood disorders, with a primary focus on alleviating depression. Their mechanism of action involves restoring equilibrium among the brain's neurotransmitters, including serotonin, norepinephrine, and dopamine, all of which play a pivotal role in mood regulation. These medications are typically prescribed to address conditions such as major depressive disorder, various anxiety disorders, and post-traumatic stress disorder. It's important to note that antidepressants don't offer immediate relief and may take several weeks to manifest their complete therapeutic benefits.

Antidepressants which contain wide range of medications such as Selective Serotonin Reuptake Inhibitors, Serotonin & Norepinephrine Reuptake Inhibitors, Atypical Antidepressants, Tricyclic Antidepressants. Increasing prevalence of depression, growing awareness and acceptance of mental health disorders, increasing infrastructure investment, increasing new drug launches and product approvals, increasing research funding by key market players propel the market growth. Additionally, increasing the number of people suffering from depression contributing to drive the antidepressants market growth.

For instance, according to the World Health Organization (WHO) in September 2021, it was reported that depression is a common mental health condition. According to estimates, approximately 5.0% of adults globally suffer from depression.

Moreover, in countries like the United Kingdom and the United States, known for their dynamic and rapidly growing economies, the prevalence of depression is significant across all age groups. For instance, based on data released by the Anxiety and Depression Foundation in January 2022, it was reported that generalized anxiety disorder impacts approximately 6.8 million adults each year, accounting for about 3.1% of the U.S. population. This substantial prevalence is anticipated to be a key driver for overall antidepressants market growth during the projected period.

COVID 19 pandemic has a long term and short term impact on every individual mental health. The pandemic has resulted in increased stress levels among the general population due to various factors, including financial strain, emotional burdens, stress, anxiety, and fear. Consequently, there has been a notable increase in the prevalence of depression upsurge the market growth.

Market Scope

Report Attributes


Market Size in 2022

USD 16,279 Million

Market Forecast in 2033

USD 23,423 Million

CAGR % 2023-2033


Base Year


Historic Data


Forecast Period


Report USP

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Drug Class, By Disorder, By Distribution Channel

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Key Companies

Teva Pharmaceutical Industries Ltd., GlaxoSmithKline PLC, Sanofi, AstraZeneca, Eli Lilly and Company, Pfizer Inc., Merck & Co. Inc., Bristol-Myers Squibb.


Market Dynamics

The Antidepressants Market is driven the increasing occurrence of mental disorders, such as depression, along with a growing global focus on early and prompt diagnosis, is leading to a substantial number of patients in need of treatment. This surge in patient numbers is driving the demand for novel and inventive medications in the global market. For instance, as per World Health Organization (WHO), approximately 7.5% of the population in India is affected by various forms of mental disorders annually. Moreover, an estimated 56 million individuals in the country experience depression each year.

Moreover, the increasing focus on research and development efforts by key market players to introduce novel and inventive treatment options, along with robust support from international and government healthcare organizations in terms of funding, is anticipated to propel the growth of the global antidepressants market. Additionally, the positive marketing approval for new innovative medicines stimulate the market growth over the forecast period. For instance, In May 2020, Allergan made an announcement about its acquisition of an investigational NMDA drug from Aptinyx, along with their additional portfolio, in a deal valued at USD 560 million.

Furthermore, regional and national healthcare agencies, along with for-profit organizations and governments, are collaborating to raise awareness among the general population regarding various mental health conditions and the treatment alternatives that are accessible. These entities are championing mental health awareness through diverse campaigns, resulting in increased rates of diagnosis and treatment in both developed and emerging countries.

Traditional treatments and pharmaceuticals for depression and other mental disorders have historically been assessed for their adverse effects, often impacting not only the intended neurological targets but also normal cells in the body. Consequently, many patients experience a range of side effects, such as weight gain, dizziness, and blurred vision. These side effects restrain the growth of market.

Overall, with the help of existing and combination treatment therapy the Antidepressants Market is expected to witness significant growth in the coming years, driven by the introduction of new therapies and an increasing demand for effective treatments. Additionally, there is a need for advance and effective research and development to address the unmet needs of Antidepressants treatment and to develop safe and effective therapies with lower side effects.

Market Drug Class Analysis

By Drug Class, the Antidepressants Market is Categories into Selective Serotonin Reuptake Inhibitors, Serotonin & Norepinephrine Reuptake Inhibitors, Atypical Antidepressants, Tricyclic Antidepressants. The Selective Serotonin Reuptake Inhibitors segment accounts for the largest share of around 36% of in 2022.

The clinical superiority of Selective Serotonin Reuptake Inhibitors (SSRIs) over traditional drugs in the management and treatment of depression, coupled with the robust pipeline of major industry players assessing new potential candidates within this drug category, is positioned to support the expansion of this segment.

Market By Disorder Analysis

By Disorder, the Antidepressants Market is Categories into Major Depressive Disorder, Obsessive-Compulsive Disorder, Generalized Anxiety Disorder. The Major Depressive Disorder segment accounts for the largest share of around 40% of the Market in 2022.

The increasing awareness, growing prevalence of disorder, rising awareness towards treatment and management of depression among younger population driving the growth of segment.

Obsessive-compulsive disorder (OCD) is expected to hold a relatively smaller market share. This is primarily due to lower rates of diagnosis and treatment among individuals dealing with OCD, which contributes to the segment's reduced presence in the global market.

Market Distribution Channel Analysis

By Distribution Channel, the Antidepressants Market is Categories into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies. The Hospital Pharmacies segment accounts for the largest share of around 54% of the Market in 2022.

Rising investment in healthcare and increasing hospital facility in developed and developing market are major factor to drive the segment. Moreover, Hospitals are the primary healthcare facility where patient come for treatment. Also hospital having the infrastructure to diagnosis and advance treatment option.

However, increasing popularity and preference of patient towards retail pharmacy accountable for the growth of retail segment.

Market Regional Analysis

North America dominate the Antidepressants Market with the highest revenue generating market with share of more than 42%. The North America dominate this market due to the rising prevalence of depression in US, easy availability of medications, new products launch. Additionally, strong presence of market player, well developed infra structure, higher number of research favor growth of region. For instance, as per data from the Anxiety & Depression Association of America (ADAA), major depressive disorder (MDD) impacts approximately 6.7% of the entire adult population (ages 18 and older) in the United States each year.

Europe having the second-largest market share in Antidepressants Market due to focus on R&D on Antidepressants found in Europe, the rising demand for targeted medication. Moreover, government policies and increasing the elder population in the region significantly contribute to expand the market.

Asia-Pacific is estimated the fastest growing CAGR in Market in forecasted period. This is due to increasing in healthcare expenditure and the rise in research and development activities in the pharmaceutical sector.

Competitive Analysis

The Antidepressants Market is dominated by a few large companies, such as Teva Pharmaceutical Industries Ltd., GlaxoSmithKline PLC, Sanofi, AstraZeneca, Eli Lilly and Company, Pfizer Inc., Merck & Co. Inc., Bristol-Myers Squibb.

There Are Some Of The Recent Developments Of The Antidepressants Market:

April 2022- In a head-to-head study, Lundbeck's antidepressant vortioxetine, marketed under the brand names Trintellix and Brintellix, showed an advantage over desvenlafaxine, which Pfizer markets as Pristiq in the United States. The study examined the effectiveness of vortioxetine in patients with Major Depressive Disorder (MDD) who had only partially responded to treatment with selective serotonin reuptake inhibitors (SSRIs) in comparison to desvenlafaxine.

August 2022- The U.S. Food and Drug Administration (FDA) granted approval for dextromethorphan-bupropion, known as Auvelity and developed by Axsome Therapeutics, as a medication for treating major depressive disorder in adults. Notably, it is the first drug of its kind to demonstrate effectiveness within one week of administration.

By Drug Class

·         Selective Serotonin Reuptake Inhibitors

·         Serotonin & Norepinephrine Reuptake Inhibitors

·         Atypical Antidepressants

·         Tricyclic Antidepressants

By Disorder

·         Major Depressive Disorder

·         Obsessive-Compulsive Disorder

·         Generalized Anxiety Disorder

By Distribution Channel

·         Hospital Pharmacies

·         Retail Pharmacies

·         Online Pharmacies

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process

We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).


The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.

Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

Frequently Asked Questions

What is the market size of Antidepressants Market in 2022?

Antidepressants Market was valued at USD 16,279 million in 2022 and is estimated to grow at a CAGR of 6%.

Which are the top companies operating within the market?

Teva Pharmaceutical Industries Ltd., GlaxoSmithKline PLC, Sanofi, AstraZeneca, Eli Lilly and Company, Pfizer Inc., Merck & Co. Inc., Bristol-Myers Squibb

Which region dominates the Antidepressants Market?

North America dominates the market with an active share of 42%, while North America is estimated to grow at a higher CAGR of 2.1%.

Related Reports
HIV Drugs Market Size - By Drug Type (Protease Inhibitors, Fusion Inhibitors, CCR5 Antagonist, Nucleoside, Integrase Inhibitors, Non-Nucleoside Reverse Transcriptase Inhibitors), By End-User (Hospitals & Clinics, Specialty Centers) & by Region: Global Forecast By 2033

Healthcare & Life Sciences


Gastric Cancer Therapy Market Size, Industry Analysis Report By Therapy Type (Chemotherapy, Targeted Therapy, Immunotherapy, Radiation Therapy, and Surgery), By End User (Ambulatory Surgery Centers, Hospitals and Specialty Clinics) & Region – Forecasts

Healthcare & Life Sciences


Cholinergic Drugs Market Analysis By Type (Powder, Tablet, Capsule), By Application (Hospital Pharmacy, Retail Pharmacy) Forecast

Healthcare & Life Sciences


Oncology Drugs Market Size - By Drug Class Type (Chemotherapy, Targeted Therapy, Immunotherapy (Biologic Therapy), and Hormonal Therapy), By Indication (Lung Cancer, Stomach Cancer, Colorectal Cancer, Breast Cancer, Prostate Cancer, Liver Cancer, Esophagus Cancer, Cervical Cancer, Kidney Cancer, Bladder Cancer, and Other Cancers) By End-User (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), And by Region: Global Forecast By 2033

Healthcare & Life Sciences


Inhalation Spray Drugs Market Size - By Type (Corticosteroids, Bronchodilators, Antihistamines, Combination Drugs), By Application Type (Hospital Pharmacy, Retail Pharmacy, Drug Stores, Online Pharmacy): Global Forecast By 2033

Healthcare & Life Sciences



Select a license type that suits your business needs

Single User Access

US $3950

Only Three Thousand Nine Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4950

Only Four Thousand Nine Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5950

Only Five Thousand Nine Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI