OVERVIEW
The seasonal affective disorder market is projected to reach USD 1.1 billion by 2030, growing at a 4.5% CAGR, according to the most recent Market Research Future (MRFR) report. A type of depression known as seasonal affective disorder (SAD) can be brought on by seasonal variations. It takes place at the same time each year. Melancholy, memory loss, weight gain, increased appetite, and social disengagement are typical symptoms.
On the other hand, rising demand for light therapy and a developing generic medicine market may restrain the growth of the industry, as shown in MRFR’s seasonal affective disorder market report.
MARKET SEGMENTATION
by type
fall
winter SAD
by diagnosis
physical exam
lab tests
by treatment
light therapy
medications
FACTORS STUDIED FOR MARKET FORECAST
Drivers:
Increasing prevalence and growing awareness of this disorder
changing lifestyle and lack of exercise
Restraints: / restrain
low prevalence rate,
limited access to the healthcare facilities
KEY COMPANIES PROFILED
AbbVie Inc. (US)
Allergan (Republic of Ireland)
Bayer AG (Germany)
Bristol-Myers Squibb Company (US)
F. Hoffmann-La Roche Ltd. (Switzerland)
Henry Schein, Inc. (US)
Pfizer Inc. (US)
Others
Regional Evaluation
The most recent trends and business opportunities in the Americas, Europe, Asia Pacific (APAC), the Middle East, and Africa are covered by the seasonal affective disorder market research. The Americas will dominate the market over the forecast period. The increasing understanding of many mental illnesses and changes in lifestyle are to blame for this. The United States, South America, and Brazil are the three largest contributors in this region.
Over the anticipated period, a steady growth is anticipated in the European market for seasonal affective disorder. This is due to an increase in both the prevalence of severe depression and seasonal affective disorder. The UK, Ireland, Germany, and France are the main providers in this area.
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