Global Panic Disorders Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
3D Cameras, Sonography, Insulin in Fixed-Dose Combinations, Rapid-Acting Insulin, Short-Acting Insulin, Over-The-Counter (OTC), and Prescription.By Application;
Type 1 Diabetes, Type 2 Diabetes, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Panic Disorders Market (USD Million), 2021 - 2031
In the year 2024, the Global Panic Disorders Market was valued at USD 20,285.33 million. The size of this market is expected to increase to USD 21,748.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.0%.
The global panic disorders market encompasses a multifaceted landscape where scientific advancements, clinical interventions, and societal understanding converge to address one of the most pervasive mental health challenges worldwide. Panic disorders, characterized by recurring and intense episodes of fear or anxiety, profoundly impact individuals' daily lives, relationships, and overall well-being. As such, the market for panic disorders represents a critical arena for healthcare innovation, therapeutic breakthroughs, and holistic approaches to mental health care.
This introduction aims to provide an overview of the trends, challenges, and opportunities shaping the global panic disorders market. By exploring key market dynamics, including the rising prevalence of panic disorders, evolving treatment paradigms, and the growing recognition of mental health as a global priority, we can gain insights into the factors driving the demand for innovative solutions and comprehensive support systems for individuals affected by panic disorders.
Panic disorders are a significant public health concern, affecting millions of people worldwide, regardless of age, gender, or socioeconomic status. The increasing prevalence of panic disorders is attributed to various factors, including changing lifestyles, heightened stress levels, and greater awareness and recognition of mental health issues. Additionally, the COVID-19 pandemic has exacerbated existing mental health challenges, with reports indicating a surge in anxiety and panic-related symptoms globally.
In response to the growing burden of panic disorders, the market has witnessed a surge in research and development activities aimed at developing novel therapeutics, digital health solutions, and integrated care models. From pharmacological interventions to psychotherapy, mindfulness techniques, and self-help resources, the market offers a diverse array of options to address the complex needs of individuals with panic disorders.
Global Panic Disorders Market Recent Developments
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In 2022, patients with panic disorder, alone or in combination with the listed co-morbidities, are being studied in a multicenter, randomized, double-blind, and placebo-controlled Phase II trial. Between 18 and 60, male and female adult patients with panic disorder are enrolled in the study to compare the safety and efficacy of HB-1 to a placebo. By January 2023, completion is anticipated.
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In 2022, top-line results from the Phase 2 Proof-of-Concept investigator-initiated trial of HMNC Brain Health's oral prolonged-release ketamine (KET01) formulation in treating treatment-resistant depression (TRD) were encouraging.
Segment Analysis
The Global Panic Disorders Market has been segmented by Product Type, Application and Geography, Product Type, with the primary categories being Pharmaceuticals and Devices. Pharmaceuticals hold the largest share in the market, as they include widely prescribed medications such as selective serotonin reuptake inhibitors (SSRIs) and benzodiazepines, which are commonly used to manage panic attacks and anxiety symptoms. Medications provide quick relief and long-term management, which has contributed to the widespread use of pharmaceutical products for panic disorders. The demand for these drugs continues to grow due to the increasing prevalence of anxiety-related disorders globally. The device segment includes innovative options like neurostimulation devices and biofeedback tools that are becoming more popular as adjunct therapies for patients who do not respond adequately to medication.
In terms of Application, the global panic disorders market is categorized into Hospital-Based Treatment, Outpatient Care, and Home-Based Treatment. Hospital-based treatment often involves both medication and therapy, including cognitive behavioral therapy (CBT) and other specialized treatments for severe cases. Outpatient care is another significant application, where patients may visit mental health clinics or psychiatrists to receive ongoing treatment. Home-based treatment has been gaining attention due to the increasing use of telemedicine, online therapy sessions, and wearable devices that help manage panic attacks and anxiety. This shift towards more home-based management options is also driven by patient preferences for privacy and convenience.
Geographically, the Global Panic Disorders Market spans across regions including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the market due to high awareness, strong healthcare infrastructure, and the presence of major pharmaceutical companies producing anxiety and panic disorder treatments. Europe follows closely, with increasing access to mental health services and a growing focus on early diagnosis and management. The Asia Pacific region is expected to witness the fastest growth due to rising awareness about mental health issues and improving healthcare infrastructure in countries like China and India. Emerging markets in Latin America and the Middle East are also contributing to the market growth as these regions prioritize mental health care and expand access to treatment options.
Global Panic Disorders Segment Analysis
In this report, the Global Panic Disorders Market has been segmented by Product Type, Application and Geography.
Global Panic Disorders Market, Segmentation by Product Type
The Global Panic Disorders Market has been segmented by Product Type into 3D Cameras, Sonography, Insulin in Fixed-Dose Combinations, Rapid-Acting Insulin, Short-Acting Insulin, Over-The-Counter (OTC) and Prescription.
In the global panic disorders market, segmentation by product type delineates the diverse array of solutions available to address the complex needs of individuals grappling with panic disorders. One significant category within this segmentation is pharmaceutical interventions, encompassing a variety of medications aimed at alleviating the symptoms associated with panic attacks and panic disorder. These medications may include selective serotonin reuptake inhibitors (SSRIs), serotonin-norepinephrine reuptake inhibitors (SNRIs), benzodiazepines, and other anxiolytics. SSRIs and SNRIs are often prescribed as first-line treatments for panic disorder due to their efficacy in reducing the frequency and severity of panic attacks over time. Benzodiazepines, while effective in providing rapid relief from acute panic symptoms, are typically reserved for short-term use due to their potential for dependence and withdrawal.
Another key category in the segmentation of the panic disorders market is psychotherapy and counseling services. Cognitive-behavioral therapy (CBT) stands out as one of the most effective forms of psychotherapy for panic disorder, helping individuals understand and challenge maladaptive thought patterns and behaviors that contribute to panic attacks. Exposure therapy, a specific form of CBT, involves gradually exposing patients to feared situations or bodily sensations in a controlled manner, allowing them to learn new coping strategies and reduce their anxiety response. Other therapeutic modalities, such as mindfulness-based stress reduction (MBSR) and acceptance and commitment therapy (ACT), may also be beneficial in helping individuals manage panic symptoms and improve their overall quality of life.
Global Panic Disorders Market, Segmentation by Application
The Global Panic Disorders Market has been segmented by Application into Type 1 Diabetes, Type 2 Diabetes and Others.
In the global panic disorders market, segmentation by application distinguishes the various contexts in which interventions and therapies are applied to address panic disorder and its associated symptoms. One primary application within this segmentation is the treatment of generalized panic disorder (GAD), a chronic condition characterized by persistent and excessive worry or anxiety about a wide range of events or activities. Individuals with GAD may experience frequent panic attacks, physical symptoms such as muscle tension and restlessness, and impairment in daily functioning due to their anxiety symptoms. Treatment approaches for GAD typically involve a combination of pharmacotherapy, psychotherapy, and lifestyle modifications aimed at reducing anxiety symptoms and improving overall quality of life.
Another important application in the panic disorders market is the management of panic attacks, which are sudden episodes of intense fear or discomfort accompanied by a range of physical and cognitive symptoms. Panic attacks can be triggered by specific situations or stimuli, such as crowded spaces or elevated heart rate, and may lead to feelings of impending doom or loss of control. Treatment strategies for panic attacks often focus on symptom relief and coping skills, including breathing techniques, relaxation exercises, and cognitive-behavioral interventions designed to challenge negative thought patterns and reduce anxiety sensitivity.
The panic disorders market encompasses the treatment of panic disorder with agoraphobia, a condition characterized by fear or avoidance of situations or places where escape may be difficult or embarrassing in the event of a panic attack. Individuals with panic disorder and agoraphobia may experience significant impairment in their ability to engage in activities outside the home, leading to social isolation and functional impairment. Treatment approaches for panic disorder with agoraphobia may include exposure therapy, medication management, and support services aimed at gradually expanding individuals' comfort zones and improving their confidence in navigating anxiety-provoking situations.
Beyond these specific applications, the panic disorders market also addresses broader mental health considerations associated with panic disorder, such as comorbid psychiatric conditions and the impact on overall well-being and quality of life. Individuals with panic disorder may be at increased risk for depression, substance abuse, and other mental health disorders, underscoring the importance of comprehensive assessment and integrated treatment planning. Furthermore, the economic and societal burden of panic disorder extends beyond individual health outcomes, impacting healthcare utilization, productivity, and social functioning on a global scale.
Global Panic Disorders Market, Segmentation by Geography
In this report, the Global Panic Disorders Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Panic Disorders Market Share (%), by Geographical Region, 2024
In the global panic disorders market, segmentation by geography delineates the regional variations in prevalence, healthcare infrastructure, treatment accessibility, and socio-economic factors influencing the diagnosis and management of panic disorders. North America emerges as a significant segment within this segmentation, driven by factors such as a robust healthcare system, increasing awareness about mental health issues, and high prevalence rates of panic disorders. The region is characterized by widespread availability of mental health services, including specialized clinics, counseling centers, and psychiatric facilities, facilitating early detection and intervention for individuals with panic disorders.
Europe represents another prominent segment in the global panic disorders market, boasting a diverse landscape of healthcare systems, regulatory frameworks, and cultural attitudes towards mental health. While access to mental health services varies across European countries, initiatives aimed at reducing stigma, promoting mental health literacy, and expanding treatment options have contributed to improved outcomes for individuals with panic disorders. Additionally, research and innovation in neuroscience and psychopharmacology continue to drive advancements in panic disorder treatment and management throughout the region.
Asia Pacific emerges as a rapidly growing segment in the global panic disorders market, fueled by factors such as increasing urbanization, changing lifestyles, and rising awareness about mental health issues. Despite significant progress in recent years, mental health services in many parts of Asia Pacific remain underdeveloped, with limited access to specialized care and resources for individuals with panic disorders. However, initiatives aimed at integrating mental health into primary care settings, expanding telehealth services, and addressing cultural barriers to treatment-seeking behavior are driving improvements in access and outcomes for individuals with panic disorders across the region.
Latin America and the Middle East & Africa represent emerging segments in the global panic disorders market, characterized by unique socio-cultural contexts, healthcare challenges, and disparities in mental health care access. In these regions, efforts to address the stigma surrounding mental illness, strengthen mental health infrastructure, and enhance community-based support systems are crucial for improving outcomes for individuals with panic disorders. Additionally, collaborations with international organizations, research institutions, and advocacy groups play a vital role in advancing mental health policy, research, and practice in Latin America and the Middle East & Africa.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Panic Disorders Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Rising prevalence
- Increased awareness
- Technological advancements
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Integration of digital health solutions - The integration of digital health solutions represents a transformative approach to addressing the challenges associated with the diagnosis, treatment, and management of panic disorders. In an era marked by unprecedented connectivity and technological innovation, digital health solutions offer a range of tools and platforms designed to enhance access to care, empower patients, and optimize treatment outcomes. One key aspect of digital health integration in panic disorder management is the proliferation of mobile applications and online platforms designed to provide psychoeducation, self-help resources, and symptom tracking tools for individuals experiencing panic symptoms. These digital interventions offer a convenient and accessible way for patients to learn about their condition, develop coping strategies, and monitor their progress over time, thereby promoting self-management and engagement in their care.
Digital health solutions facilitate remote monitoring and telepsychiatry services, enabling individuals with panic disorders to access timely and personalized care from the comfort of their homes. Through virtual consultations, teletherapy sessions, and remote monitoring of symptoms and vital signs, patients can receive ongoing support and guidance from mental health professionals, reducing barriers to care and improving treatment adherence. Additionally, telehealth platforms offer opportunities for collaborative care models, allowing primary care providers, psychiatrists, therapists, and other healthcare professionals to coordinate care and share information seamlessly, thereby promoting continuity of care and enhancing treatment outcomes.
Restraints
- Stigma surrounding mental health
- Disparities in access to care
- Fragmentation of mental health services
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Limited availability of specialized resources - The limited availability of specialized resources represents a significant challenge in effectively addressing panic disorders. Individuals grappling with panic disorder often require access to a range of specialized resources, including mental health professionals with expertise in anxiety disorders, specialized treatment facilities, and support services tailored to their unique needs. However, in many regions, especially in underserved areas or low-resource settings, such specialized resources may be scarce or non-existent, leading to significant barriers to diagnosis, treatment, and ongoing management of panic disorders.
One aspect of the limited availability of specialized resources is the shortage of mental health professionals trained in the assessment and treatment of panic disorders. Psychiatrists, psychologists, and other mental health providers with expertise in anxiety disorders may be in short supply, particularly in rural areas or regions with limited access to healthcare services. As a result, individuals seeking help for panic disorders may face long wait times for appointments, limited treatment options, and challenges in finding providers who are knowledgeable about evidence-based interventions for panic disorder.
Specialized treatment facilities dedicated to the care of individuals with panic disorders may be lacking in many regions, further exacerbating the challenges of accessing appropriate care. Panic disorder-specific treatment programs, such as intensive outpatient programs (IOPs) or residential treatment centers, offer comprehensive and multidisciplinary care tailored to the needs of individuals with severe or treatment-resistant panic disorder. However, the availability of such programs may be limited, leaving individuals with panic disorders without access to specialized care that could significantly improve their outcomes.
Opportunities
- Expansion of teletherapy and telepsychiatry
- Development of novel therapeutic interventions
- Integration of digital mental health platforms
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Increased focus on preventive mental health measures - The increased focus on preventive mental health measures represents a paradigm shift in addressing panic disorders, aiming to intervene earlier in the trajectory of mental health conditions to reduce the burden of illness and promote well-being. Traditionally, mental health care has often been reactive, focusing primarily on treating symptoms after they have manifested or escalated. However, a growing recognition of the importance of prevention has led to a reevaluation of mental health strategies, with an emphasis on identifying and addressing risk factors, promoting resilience, and fostering positive mental health from a young age.
One key aspect of preventive mental health measures is early identification and intervention for individuals at risk of developing panic disorders. Recognizing the signs and symptoms of anxiety disorders, implementing universal screening in healthcare settings, and providing targeted interventions for individuals with subclinical anxiety symptoms can help prevent the progression to more severe forms of panic disorder. This proactive approach to early intervention can reduce the likelihood of panic disorder onset, mitigate the impact of anxiety symptoms, and improve long-term outcomes for individuals at risk.
Preventive mental health measures encompass a range of strategies aimed at promoting mental well-being and resilience across the lifespan. Mental health promotion initiatives in schools, workplaces, and communities focus on building coping skills, fostering social connections, and enhancing emotional regulation to prevent the onset of mental health conditions, including panic disorders. By integrating mental health education into school curricula, providing workplace wellness programs, and creating supportive environments that prioritize mental well-being, preventive measures aim to create a culture of mental health awareness and support that benefits individuals and communities alike.
Competitive Landscape Analysis
Key players in Global Panic Disorders Market include :
- Teva Pharmaceutical
- Sun Pharmaceuticals
- Mylan
- AstraZeneca
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Panic Disorders Market Trends
- Drivers, Restraints and Opportunities
- Drivers
- Rising prevalence
- Increased awareness
- Technological advancements
- Integration of digital health solutions
- Restraints
- Stigma surrounding mental health
- Disparities in access to care
- Fragmentation of mental health services
- Limited availability of specialized resources
- Opportunities
- Expansion of teletherapy and telepsychiatry
- Development of novel therapeutic interventions
- Integration of digital mental health platforms
- Increased focus on preventive mental health measures
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Panic Disorders Market, By Product Type, 2021 - 2031 (USD Million)
- 3D Cameras
- Sonography
- Insulin in Fixed-Dose Combinations
- Rapid-Acting Insulin
- Short-Acting Insulin
- Over-The-Counter (OTC)
- Prescription
- Global Panic Disorders Market, By Application, 2021 - 2031 (USD Million)
- Type 1 Diabetes
- Type 2 Diabetes
- Others
- Global Panic Disorders Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Panic Disorders Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Teva Pharmaceutical
- Sun Pharmaceuticals
- Mylan
- AstraZeneca
- Company Profiles
- Analyst Views
- Future Outlook of the Market