The revenue change is forecast to exhibit a significant decline in all segments in 2029 compared to the previous year. Concerning the three selected segments, the segment Depressive Disorders has the largest revenue change with 0.75 percent. Contrastingly, Psychotic Disorders is ranked last, with 0.36 percent. Their difference, compared to Depressive Disorders, lies at 0.39 percentage points.
Data provided by Statista Market Insights are estimates.
Mental health disorders are common illnesses found among people all over the world. These disorders are caused by a variety of genetic and environmental factors that cause imbalances in a person's physical and emotional behavior. Most mental health disorders can be treated with behavioral and psychotherapies. In some cases, however, medication is prescribed along with these treatments. The Mental Health market represents the market for the drugs that are used to treat various mild to serious mental health disorders. The market is divided into three markets that have been based on the disorders that are being treated. This includes depressive disorders, anxiety and related sleeping disorders, and different types of psychotic disorders.
Market values represent the revenues generated by manufacturers and are based on retail prices for each drug category including all drugs, regardless of whether they are reimbursed or not.
Company examples: Pfizer, Bristol-Myers Squibb, Johnson & Johnson, AbbVie, and Sumitomo pharma
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Statista. (June 25, 2024). Growth rate of the mental health market revenue in the Philippines from 2018 to 2029, by segment [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1415475/mental-health-market-revenue-growth-by-segment-philippines
Statista. "Growth rate of the mental health market revenue in the Philippines from 2018 to 2029, by segment." Chart. June 25, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1415475/mental-health-market-revenue-growth-by-segment-philippines
Statista. (2024). Growth rate of the mental health market revenue in the Philippines from 2018 to 2029, by segment. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1415475/mental-health-market-revenue-growth-by-segment-philippines
Statista. "Growth Rate of The Mental Health Market Revenue in The Philippines from 2018 to 2029, by Segment." Statista, Statista Inc., 25 Jun 2024, https://www.statista.com/forecasts/1415475/mental-health-market-revenue-growth-by-segment-philippines
Statista, Growth rate of the mental health market revenue in the Philippines from 2018 to 2029, by segment Statista, https://www.statista.com/forecasts/1415475/mental-health-market-revenue-growth-by-segment-philippines (last visited November 21, 2024)
Growth rate of the mental health market revenue in the Philippines from 2018 to 2029, by segment [Graph], Statista, June 25, 2024. [Online]. Available: https://www.statista.com/forecasts/1415475/mental-health-market-revenue-growth-by-segment-philippines
