|
U.S. Antidepressant Medications MarketPublished by: Frost & Sullivan Published: Mar. 1, 2001 Table of Contents
AbstractLoss of Patent Protection Re-Defines MarketThe world's leading antidepressant medication manufacturer faces the expiration of its patent protection in late 2001, opening the way for generic products. This and other patent status changes will impact the U.S. antidepressant medications industry as a host of generic drug manufacturers will have new opportunities to gain market share. The rapid emergence of the generic medications segment, combined with a changing perception of depression as an illness, will fuel strong growth in the antidepressant medication industry. The strategic insights provided by this Frost & Sullivan research analyzes the selective serotonin reuptake inhibitors (SSRIs) and atypical antidepressant segments of the U.S. antidepressant medications market. It evaluates revenue and market trends, and provides a detailed forecast for the future. Market drivers and restraints for each segment are projected, making it an excellent resource for companies to increase their market presence. Minimizing Side-Effects Key to Gaining Market Share The ability to treat depression with minimal or no side effects remains a major challenge for drug developers. Some of the older medications posed life-threatening risks. Newer generation drugs lessened potential problems, but companies should continue to research and develop new medications that alleviate associated effects to increase market share. "Atypical antidepressants, the latest market entrants, have addressed some of the side-effect concerns communicated by patients," states the author of this report. "However, there is room for improvement." Direct-to-Market Campaigns Increase Sales Many market participants have little experience in product promotion; companies that best brand and market their drugs with differentiation will become front runners. Direct-to-consumer (DTC) campaigns are some of the most successful ways to educate end-users.
"DTC advertising is in its relative infancy in the U.S. markets, since its approval in 1997," states the author. "Pharmaceutical companies, with little to no consumer promotion experience, are just now beginning to implement effective advertising campaigns that target potential patients directly."
This Frost & Sullivan research offers the most extensive market information available, enabling you to expertly meet end-users needs and design strategic plans to enhance your company's bottom line. |
|
|||
|
About MarketResearch.com
|
||||