Social Anxiety Disorder Market to Accelerate Substantially During the Forecast Period (2023-2032) - DelveInsight | Key Companies - Vistagen Therapeutics, Bionomics, EmpowerPharm
Delveinsight Business Research LLP
DelveInsight’s “Social Anxiety Disorder Market Insights, Epidemiology, and Market Forecast 2032” report delivers an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the Social Anxiety Disorder market size, share, trends, and growth opportunities in the seven major markets (7MM) (i.e., the United States, EU4 (Germany, Spain, Italy, France), the United Kingdom and Japan).

The report covers emerging Social Anxiety Disorder drugs, current treatment practices, market share of individual therapies, and current & forecasted market size from 2019 to 2032. It also evaluates the current Social Anxiety Disorder treatment practice/algorithm, key drivers & barriers impacting the market growth, and unmet medical needs to curate the best of the opportunities and assess the underlying potential of the market. 

Social Anxiety Disorder: An Overview

Social Anxiety disorder (SAD), also called Social Phobia, is the most common mental health condition that causes extreme fear in social settings, and an intense, persistent fear of being watched and judged by others. People with social anxiety disorder have trouble talking to people, meeting new people, and attending social gatherings, which can also affect day-to-day activities.

Social anxiety disorder can make a person fear being judged or scrutinized by others. Patients may understand that their fears are irrational or unreasonable, but feel powerless to overcome them. Social anxiety is different from shyness, which is usually short-term and does not disrupt one’s life. Social anxiety is persistent and debilitating. It can affect one’s ability to work, attend school, and develop close relationships with people outside their family.

As per DelveInsight, the Social Anxiety Disorder Market is anticipated to evolve immensely in the coming years owing to the increase in R&D activity, the rising prevalent population in the 7MM, the expected commercial success of upcoming therapies, and the rise in healthcare spending across the world. The current pipeline of social anxiety disorder consists of PH94B (Vistagen Therapeutics), EPI-CBD-001 (EmpowerPharm), (Bionomics), and others.

Social Anxiety Disorder Market Key Facts

  • According to the National Institute of Mental Health (NIMH), about 1 in 8 people (12.1%) experience Social Anxiety Disorder at some time in their life and in a given year. According to the US National Institutes of Health (NIH), SAD is the third most common psychiatric condition after depression and substance abuse. Of adults with social anxiety disorder in the past year, an estimated 29.9% had serious impairment.

  • As per the Anxiety and Depression Association of America (ADAA) 2021, social anxiety disorder affects around 15 million adults or 6.8% of the US population. Many people are frequently misdiagnosed as a result of the disease. thirty-six of people with social anxiety disorder experience symptoms for 10 years or more before seeking care, according to a 2007 ADAA survey.

  • According to Cambridge University (2020), epidemiologic surveys conducted across Europe indicated that the lifetime prevalence of Social anxiety disorder in the general population is close to 7%.

  • According to the National Institute of Health and Care Excellence (NICE), the lifetime prevalence of social anxiety disorder is 12% in the UK population.

  • As per Judith et. Al. (2017), the lifetime prevalence of Social Anxiety Disorder in Germany is found to be around 12%.

  • As per Lisa Fritscher (2021), the prevalence of Taijin kyofusho (a Japanese form of Social Phobia) in Japan is between 10-20% in the general population, and it is somewhat more common in men than women. 

Social Anxiety Disorder Market

The market outlook section of the report helps to build a detailed comprehension of the historical, current, and forecasted market size by analyzing the impact of current and emerging Social Anxiety Disorder pipeline therapies. It also thoroughly assesses the Social Anxiety Disorder market drivers & barriers, unmet needs, and emerging technologies set to impact the market dynamics.

The report gives complete details of the market trend for each marketed Social Anxiety Disorder drug and mid & late-stage pipeline therapies by evaluating their impact based on the annual cost of therapy, their Mechanism of Action (MOA), Route of Administration (ROA), molecule types, competition with other therapies, brand value, and their impact on the market.

Social Anxiety Disorder Epidemiology Assessment 

The epidemiology section provides insights into the historical, current, and forecasted Social Anxiety Disorder epidemiology trends in the seven major countries (7MM) from 2019 to 2032. It helps to recognize the causes of current and forecasted Social Anxiety Disorder epidemiology trends by exploring numerous studies and research. The epidemiology section also provides a detailed analysis of diagnosed and prevalent patient pools, future trends, and views of key opinion leaders. 

The Report Covers the Social Anxiety Disorder Epidemiology, Segmented as –

  • 12-month Diagnosed Prevalent Cases of Social Anxiety Disorder

  • Gender-specific Cases of Social Anxiety Disorder 

  • Age-specific Cases of Social Anxiety Disorder 

  • Severity-Specific Cases of Social Anxiety Disorder 

  • Total Treated Cases of Social Anxiety Disorder 

Social Anxiety Disorder Drugs Uptake and Pipeline Development Activities

The drug uptake section focuses on the uptake rate of potential drugs recently launched in the Social Anxiety Disorder market or expected to be launched during the study period. The analysis covers the Social Anxiety Disorder market uptake by drugs, patient uptake by therapies, and sales of each drug. Moreover, the therapeutics assessment section helps understand the market dynamics by drug sales, the most rapid drug uptake, and the reasons behind the maximal use of particular drugs. Additionally, it compares the Social Anxiety Disorder drugs based on their sale and market share.

The report also covers the Social Anxiety Disorder pipeline development activities. It provides valuable insights about different therapeutic candidates in various stages and the key Social Anxiety Disorder companies involved in developing targeted therapeutics. It also analyzes recent developments such as collaborations, acquisitions, mergers, licensing patent details, and other information for emerging therapies.

Learn How the Social Anxiety Disorder Market Will Evolve and Grow by 2032:

https://www.delveinsight.com/sample-request/social-anxiety-disorder-market

Social Anxiety Disorder Therapeutics Analysis

Patients who manage their symptoms with psychological and pharmacologic treatment are more likely to achieve continued symptom-improvement benefits. SAD is typically treated on a long-term basis using US FDA-approved antidepressants with a sluggish onset of action (weeks) and limited therapeutic effects, as well as benzodiazepines, which are not FDA-approved for the treatment of SAD but are recommended for off-label usage. 

Once the patient attains the desired therapeutic response, the medication should be continued for at least 12 months in order to prevent relapse. Selective Serotonin reuptake inhibitors (SSRIs), Serotonin-norepinephrine reuptake inhibitors (SNRIs), Monoamine Oxidase Inhibitors (MAOIs), Gamma-aminobutyric acid (GABA), Beta-Blockers, and other anxiolytics are the standard drug classes used to treat SAD.

Social Anxiety Disorder Companies Actively Working in the Therapeutics Market Include

  • Vistagen Therapeutics

  • Bionomics

  • EmpowerPharm

And Many Others

Emerging and Marketed Social Anxiety Disorder Therapies Covered in the Report Include:

  • PH94B: Vistagen Therapeutics

  • BNC210: Bionomics

  • EPI-CBD-001: EmpowerPharm

And Many More

Download the Sample Report to Learn More About the Key Companies and Emerging Therapies:

https://www.delveinsight.com/sample-request/social-anxiety-disorder-market

Table of Content (TOC)

1. Key Insights

2. Executive Summary 

3. Social Anxiety Disorder Competitive Intelligence Analysis

4. Social Anxiety Disorder Market Overview at a Glance

5. Social Anxiety Disorder Disease Background and Overview

6. Social Anxiety Disorder Patient Journey

7. Social Anxiety Disorder Patient Population and Epidemiology Trends (In the US, EU5, and Japan)

8. Social Anxiety Disorder Treatment Algorithm, Current Treatment, and Medical Practices

9. Social Anxiety Disorder Unmet Needs

10. Key Endpoints of Social Anxiety Disorder Treatment

11. Social Anxiety Disorder Marketed Therapies

12. Social Anxiety Disorder Emerging Drugs and Latest Therapeutic Advances

13. Social Anxiety Disorder Seven Major Market Analysis

14. Attribute Analysis

15. Social Anxiety Disorder Market Outlook (In US, EU5, and Japan)

16. Social Anxiety Disorder Companies Active in the Market

17. Social Anxiety Disorder Access and Reimbursement Overview

18. KOL Views on the Social Anxiety Disorder Market

19. Social Anxiety Disorder Market Drivers

20. Social Anxiety Disorder Market Barriers

21. Appendix

22. DelveInsight Capabilities

23. Disclaimer

*The Table of Contents (TOC) is not exhaustive; the final content may vary. Refer to the sample report for the complete table of contents.

Request the Sample PDF to Learn More About the Key Offerings of the Report:

https://www.delveinsight.com/sample-request/social-anxiety-disorder-market

 

 

About DelveInsight

DelveInsight is a leading Business Consultant and Market Research Firm focused exclusively on life sciences. It supports pharma companies by providing comprehensive end-to-end solutions to improve their performance.

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