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Global Post Traumatic Stress Disorder Market DynamicsAs per the report, Post-traumatic stress disorder (PTSD) is a disorder that occurred in person after observing or seeing any serious harm or unpleasant incident related to death or any accident. According to the survey done in 2005 by National Comorbidity Survey Replication Study, more than 7.5 million adults are suffering from PTSD in the U.S.PTSD symptoms includes bad dreams, emotional numbness, intense guilt or worries about those previous incidents and some patients also go through the situation such as short-tempered and anger outbursts and ignoring situation and thoughts which are related to that trauma.An increase in the rate of prevalence of PTSD at global level is expected to be the prime factor that will drive the growth of Post Traumatic Stress Disorder Market during the forecast period. According to the National Health of Mental Illness study published in January 2018, the issues related to mental illness is becoming very generic among U.S. population. In 2017, more than 46 million people in the U.S were suffering from mental disorders. Increase in the growth rate of cases related to mental disorders expected to drive the growth of PTSD market during the forecast. Moreover, factors such as increasing injured military personnel rehabilitation programs in defense sector and increasing rate of road accidents mainly in developing countries are some of the other factor which are expected to propel the growth of PTSD market during the forecast period.Furthermore, Meridian Market Consultants (MMC) Study identifies that, increase in the rate of road accidents mainly in the Asia Pacific region is expected to drive the growth of the market in Asia Pacific region. According to the study published by WHO in 2015, more than 315,000 road traffic deaths are accounted in South East Asia which is around 25% of the global road traffic deaths. In 2010, number of deaths that occurred due to road accidents are 315,000 which is increased to 316,000 in the year 2013, it is due to the increase in the rate of motor vehicles on the roads and due to the increase in the population in the region. Also, the road traffic fatality rate is accounted for 17.0 per 100000 of the population and it is below in comparison to global rate i.e. 17.4.Furthermore, antidepressants including SSRIs (Zoloft and Paxil) are accounted to be the foremost treatment for post-traumatic stress disorder therapy and expected to remain highest demanding segments in comparison to others during the forecast period.Global Post Traumatic Stress Disorder Market SegmentationGlobal post-traumatic stress disorder market is segmented on the basis of class of drugs, and by region.By Class of DrugsAntidepressantsAnti-Anxiety DrugsOther Drug Classes (Alpha-1 & Alpha-2 Receptor Antagonists, Atypical Antipsychotics, and Anticonvulsants)By RegionNorth AmericaLatin AmericaEuropeAsia PacificMiddle EastAfricaGlobal Post Traumatic Stress Disorder Market Regional SegmentationOn the basis of region, the post-traumatic stress disorder market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America post-traumatic stress disorder market will continue to dominate the global market throughout the forecast period owing the present market leaders in the region and due to the increasing prevalence of mental illness. Moreover, government support towards programs related to the mental illness mainly in the defense sector for the military is expected to generate the highest revenue in comparison to other regions. Asia Pacific region is expected to grow at the highest growth rate due to the increasing stress among society and increasing road accidents in the region due to increasing population and motor vehicles in the region.Global Post Traumatic Stress Disorder Market Competitive LandscapeGlaxoSmithKline plc, Pfizer, Inc., Neurocrine Biosciences, Inc., Novartis Pharmaceuticals Corp., Azevan Pharmaceuticals, Inc., and Baylor Research Institute, among others are some of the key participating players in global post-traumatic stress disorder therapy market.A research report on the Post Traumatic Stress Disorder Market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
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