Monoamine Oxidase Inhibitors (MAOIs) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Monoamine Oxidase Inhibitors (MAOIs) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Pharmaceutical

Report Description

Monoamine oxidase inhibitors are type of drugs that inhibit the action of single or more monoamine oxidase enzymes such as monoamine oxidase A and monoamine oxidase B. These were the first type of antidepressant drugs manufactured. Since last many years’ monoamine oxidase inhibitors (MAOIs) are used medicines and prescribed for treatment of depression, anxiety, dysthymia, Parkinson’s disease, and other disorders. Just like most other antidepressants, MAOIs work on mechanism of overall brain chemistry which is responsible for treating depression. Monoamine oxidase enzyme has the ability to remove neurotransmitters serotonin, dopamine, and norepinephrine from the brain. Monoamine oxidase inhibitors inhibit this condition, which makes altercations in circuits affected by depression.

Monoamine oxidase inhibitors are effective; however, in the past few years these have been substituted by other antidepressants which are safer and have less side effects compared. Monoamine oxidase inhibitors generally require certain diet restrictions as these can severely affect blood pressure of a patient when taken with other prescribed medications or other food such as cheese and cured meats. These also have a high risk of drug interactions. Monoamine oxidase inhibitors (MAOIs) use also have huge risk of disturbing other neurotransmitters in the brain and digestive system, triggering side effects. Additionally, these could cause a withdrawal syndrome on discontinuation of medication.

Patients suffering from depression frequently complain about a feeling of nervousness and sadness, and continue to lose interest in routine work, as the disorder affects the way a person thinks, feels, and reacts causing a number of emotional and physical issues.

Depression and anxiety are the most common mental disorders among the global population. Increase in the number of patients suffering from depression is projected to drive the global monoamine oxidase inhibitors market. Youth (below 25 years of age) and women across the globe are increasingly being affected by anxiety and depression. Several government and concerned regulatory bodies have initiated different programs to increase awareness among people suffering from mental health and depression. This is anticipated to propel the global monoamine oxidase inhibitors market. However, side effects associated with MAOIs are expected to restrain the global market.

The global monoamine oxidase inhibitors (MAOIs) market can be segmented based on indication and end-user. In terms of indication, the global market can be classified into depression, Parkinson’s disease, and others. Based on end-user, the global monoamine oxidase inhibitors market can be categorized into hospitals, ambulatory surgical centers, academic & research institutes, and others.

Geographically, the global monoamine oxidase inhibitors (MAOIs) market can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America is the dominant market for monoamine oxidase inhibitors due to the presence of a large patient population suffering from depression and anxiety disorders. The market in the U.S. is saturated, as numerous antidepressant drugs are widely available on prescription for the same indication. Hence, the growth of the market in the country will depend on launch of new innovative products for various types of indications. Additionally, patent expiry, introduction of new generic products, and maturation of the market are the factors likely to hamper the growth of the global monoamine oxidase inhibitors (MAOIs) market. Europe and Asia Pacific are the other major markets for monoamine oxidase inhibitors. The market in Asia Pacific is projected to grow at a rapid pace in the next few years due to rise in number of people suffering from depression and rapid economic growth in countries such as India, Japan, China, and Australia.

Key players in the global monoamine oxidase inhibitors (MAOIs) market are Novartis, Pfizer, Inc., Validus Pharmaceuticals LLC, Eli Lilly and Company, GlaxoSmithKline, Merck & Co., and Concordia Pharms, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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