The global anti-suicide drugs market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Anti-suicide drugs are anti-psychotic and anti-depressant drugs. They are prescribed to prevent patients from suicidal thoughts and attempts. Additionally, they are also given to cure the underlying conditions which lead a person to have suicidal tendencies. Furthermore, depression is one of the major reasons that lead to suicide. The major factor driving the demand for anti-suicide drugs is the increasing cases of suicide across the globe.
According to the American Foundation for Suicide Prevention, in 2019 suicide is the 10th leading cause of mortality in the US. Additionally, there was a mortality rate of 47,511 people from suicide in the US. Furthermore, there were 1.38 million suicide attempts with an age-adjusted suicide rate of 13.93 per 100,000 individuals in 2019. Hence, the increasing incidence of suicide is driving the demand for anti-suicide drugs which in turn is driving the growth of the market.
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Some major players in the market include Pfizer, Inc., Johnson & Johnson Services, Inc., and GlaxoSmithKline plc, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in August 2020, Janssen Pharmaceuticals, Inc. announced the approval of Spravato from the US Food and Drug Administration (FDA). Spravato is a nasal spray used for the treatment of suicidal patients with major depression.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Drug Class
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Pfizer, Inc., Johnson & Johnson Services, Inc., and GlaxoSmithKline plc, among others.
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Global Anti-Suicide Drugs Market Report by Segment
By Drug Class
- Anti-Depressant and Anti-Anxiety Drugs
- N-Methyl-D-Aspartate (NMDA) Receptor Antagonists
- Antibiotic Analog
- Anti-Psychotic Drugs
- Others
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Global Anti-Suicide Drugs Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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