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Anti-Suicide Drugs Market, By Chemistry Type, and Geography - Insights, Opportunity Analysis, and Industry Forecast till 2024

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Suicidal thoughts can be aroused due to various underlying factors such as financial burden, social issues or drug side effects. Treatment for suicidal thoughts includes psychotherapy, medications, addiction treatment, and family support. Anti-depre
GLOBAL ANTI-SUICIDE DRUGS
MARKET
INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2016–2024
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REPORT DESCRIPTION
Anti-Suicide Drugs – Beacon Light of Life on the Horizon
Depression is one of the major healthcare burdens worldwide leading to lower productivity
and in severe cases leading to suicidal tendencies. Anti-depressant and anti-psychotic drugs
are especially high in demand during economic crisis and social negligence. These drugs also
serve as a therapy for preventing suicidal thoughts and attempts. However, overdose of
these drugs can be fatal and therefore, needs to be administered under the direction of a
physician. Extensive research related to suicide treatment is expected to provide a better
solution to the global population during the latter half of the forecast period (2016-2024).
This would improve the outlook of global anti-suicide drugs market and would help in
reducing deaths due to suicide.
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The global anti-suicide drugs market was valued at US$ 3,318.3 million in 2015 and is
expected to witness a moderate CAGR of 4.2% during the forecast period (2016 – 2024).
Suicidal thoughts can be aroused due to various underlying factors such as financial burden,
social issues or drug side effects. Treatment for suicidal thoughts includes psychotherapy,
medications, addiction treatment, and family support. Anti-depressants and anti-psychotics
are the most widely used medications for treating suicidal tendencies.
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REPORT DESCRIPTION
Anti-Suicide Drugs Market to be on High Growth Trajectory Post Launch of Anti-Suicidal
Drug
NeuroRx Pharma has developed a novel anti-suicidal product Cyclurad (D-cycloserine and
Lurasidone) which is indicated for Acute Suicidal Ideation/Behavior (ASIB) in Bipolar
Depression. The estimated commercialization of the drug post-2020 is expected to be a
major breakthrough innovation for the anti-suicide drugs market. Moreover, introduction of
other such novel drugs for suicide would augment the anti-suicide market growth. People
with major depressive disorder and risk for suicide would greatly benefit from such novel
drug therapies.
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High Suicidal Rates to Contribute Towards the Positive Anti-Suicide Drugs Market Outlook
According to the World Health Organization (WHO), suicide accounted for 1.4% of the total
deaths worldwide in 2012, accounting for around 800 thousand deaths each year. Russia,
India, Republic of Korea, Guyana, Lithuania, Sri Lanka, Hungary, Kazakhstan, and Japan are
among the nations with high suicidal rates as per the WHO 2012 data. Emerging nations
therefore possess immense opportunity for anti-suicidal drugs. However, being the first ever
oral anti-suicidal therapeutic drug, companies are likely to capture the anti-suicide drugs
market in developed regions such as North America and Western Europe. This mainly due to
rapid adoption of new therapies and accessibility to healthcare facilities in these regions as
compared to emerging economies.
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REPORT DESCRIPTION
Key features of the study:
• This report provides in-depth analysis of the anti-suicide drugs and provides market size
(US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period:
2016 – 2024, considering 2015 as the base year
• It elucidates potential revenue opportunity across different segments and explains
attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new
product launches or approval, regional outlook, and competitive strategy adopted by the
leading players
• It profiles leading players in the global anti-suicide drugs market based on the following
parameters – company overview, financial performance, product portfolio, geographical
presence, distribution strategies, key developments and strategies and future plans
• Key companies covered as a part of this study include Pfizer, Inc., AstraZeneca plc, Eli Lilly
and Company, Allergan plc, GlaxoSmithKline plc, Merck & Co., Inc., Lundbeck A/S,
NeuroRx, Inc., and Johnson & Johnson
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