The Agoraphobia market is projected to reach USD 1,682.8 Million by 2030 at 6.9% CAGR during the forecast period 2022-2030.
Figure 1 Global Agoraphobia market by Surgery, 2016 (% Market Share)
The global agoraphobia market is segmented on the basis of drug treatment, therapy and end users.
Based on drug treatment, the agoraphobia market has been segmented as selective serotonin reuptake inhibitors, norepinephrine reuptake inhibitors, tricyclic antidepressants, anti-anxiety medications and others.
Based on the therapy, the market has been segmented as psychotherapy, cognitive behavioral therapy (CBT), exposure therapy and others. Based on the end users, the market has been segmented as hospitals, clinics, academics and others.
US accounts for the maximum market share due to favorable insurance penetration, excellent reimbursement scenario and greater expenditure on healthcare. The faster market uptake of new technology and devices in the US is also an important driver of the market for global agoraphobia diagnosis and treatment. Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region agoraphobia market is expected to have the most future potential and it is estimated to be led by China and India. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The regions of Africa are expected to witness a moderate growth due to poor economic and political conditions and poor healthcare penetration.
Key players profiled in the agoraphobia market report are:
The report for Global agoraphobia market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different agoraphobia market segments and regions.
Intended Audience
Sources: Mayo Clinic, MRFR Analysis.
| Report Attribute/Metric | Details |
| Market Size | 2030: USD 1,682.8 Million |
| CAGR | 2022-2030: ~ 6.9% |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Drug treatment, Therapy and End users |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Eli Lilly & Co., Bristol-Myers Squibb, AstraZeneca, Pfizer inc, GlaxoSmithKline plc, Johnson & Johnson, Sandoz Inc., Apotex Corp., Mylan Pharmaceuticals Inc |
| Key Market Opportunities | Faster market uptake of new technology and devices in the US US accounts for the maximum market share due to favorable insurance penetration, excellent reimbursement scenario and greater expenditure on healthcare. |
| Key Market Drivers | Growing prevalence of stress, genetic predisposition Sedentary lifestyles Deteriorating health standards in the contemporary lifestyles Increasing awareness and screening etc |
Agoraphobia Market Highlights:
Frequently Asked Questions (FAQ) :
agoraphobia market is touted to touch USD 1,682.8 Million by 2030.
agoraphobia market is expected to register 6.9% from 2022 to 2030.
The U.S. has the largest market share in the global agoraphobia market due to insurance schemes and favorable reimbursement schemes.
The APAC region has the largest potential in the global agoraphobia market.
Eli Lilly & Co., AstraZeneca, Bristol-Myers Squibb, Apotex Corp., Johnson & Johnson, Pfizer Inc, Sandoz Inc., Mylan Pharmaceuticals Inc., and GlaxoSmithKline plc are major players of the global agoraphobia market.
Research Analyst Level I He is an extremely curious individual currently working in healthcare and medical devices domain. kinjoll is comfortably versed in data centric research backed by healthcare educational background. he leverages extensive data mining and analytics tools such as primary and secondary research, statistical analysis, machine learning, data modelling. his key role also involves technical sales support, client interaction and project management within the healthcare team. lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.
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