Generalized Anxiety Disorders (GAD) Therapeutics

GAD Therapeutics Market is Forecast to Show Low Growth until 2018
By: Rajesh Gunnam
 
Jan. 9, 2012 - PRLog -- GlobalData estimates that the global Generalized Anxiety Disorder (GAD) therapeutics market was valued at $322m in 2010, and is forecast to grow at a Compound Annual Growth Rate (CAGR) of 1.2% over the next eight years, to reach $365m by 2018. This low growth is primarily attributed to patent expiry of Lexapro (escitalopram) in 2012 and Cymbalta (duloxetine) in 2013. Low treatment-seeking behavior and diagnosis rates further contribute to this low value growth. In addition, the late stage product LuAA21004 by Lundbeck in 2013 is not expected to minimize the impact of the patent expiries.

GlobalData’s research indicates that the current market is served by US Food and Drug Administration
(FDA)-approved drugs, off label drugs and alternative therapies such as cognitive behavioral therapy. The treatment options include selective serotonin re-uptake inhibitors (SSRI)s, selective norepinephrine reuptake inhibitors (SNRI)s, benzodiazepines, buspirone and tricyclic antidepressants (TCA)s. All have moderate safety and efficacy profiles. Patients experiencing symptoms of GAD do not generally perceive it as a disorder and as such, patients do not actively seek treatment.

Instead, many patients proceed with self medication. In addition to this the diagnostic tools currently available for GAD diagnosis are not effective and this has lead to poor diagnosis rates. Overall, the GAD therapeutics market has treatment options which are currently satisfying patients but there is low treatment-seeking behavior and a low diagnosis rate.

The GAD therapeutics pipeline has seven molecules in development. The late stage pipeline has only one product LuAA21004 which is expected to impact the forecast period. This product is a multimodal antidepressant whose mechanism of action is on the serotonin receptors. Therefore, this product is not expected to add to the market valuations significantly. The GAD therapeutics pipeline has molecules in the early stage of development which are not expected to impact the market in the forecast period.

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The GAD therapeutics market has moderate unmet need. This is due a low treatment-seeking rate and a low diagnosis rate. The GAD therapeutics market has many FDA approved therapies available for treatment including SSRIs, TCAs, SNRIs, benzodiazepines and buspirone. The therapies which are available for the treatment of GAD have shown moderate efficacy and safety profiles which have lead to moderate unmet need. The market is open for novel entrants to fulfill the unmet need of the GAD therapeutics market.

GlobalData, the industry analysis specialist, has released its new report, “Generalized Anxiety Disorders (GAD) Therapeutics - Pipeline Assessment and Market Forecasts to 2018”. The report is an essential source of information and analysis on the global Generalized Anxiety Disorders (GAD) Therapeutics market. The report identifies the key trends shaping and driving the global Generalized Anxiety Disorders (GAD) Therapeutics market. The report also provides insights on the prevalent competitive landscape and the emerging players expected to significantly alter the market positioning of the current market leaders. Most importantly, the report provides valuable insights on the pipeline products within the global Generalized Anxiety Disorders (GAD) Therapeutics sector. This report is built using data and information sourced from proprietary databases, primary and secondary research and inhouse analysis by GlobalData’s team of industry experts.

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Source:Rajesh Gunnam
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Tags:Generalized Anxiety Disorders, Gad, Pharmaceuticals_and_healthcare
Industry:Health
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