Depressive Disorders - Greece

  • Greece
  • Revenue in the Depressive Disorders market is projected to reach US$149.00m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 1.12%, resulting in a market volume of US$155.80m by 2028.
  • In global comparison, most revenue will be generated in the United States (US$6,263.00m in 2024).
  • In relation to total population figures, per person revenues of US$213.70 are generated in 2024.

Key regions: Japan, United Kingdom, China, Europe, Canada

 
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Analyst Opinion

The Depressive Disorders market in Greece has been experiencing significant growth in recent years.

Customer preferences:
One of the main reasons for this growth is the increasing awareness and understanding of mental health issues among the Greek population. People are becoming more open to seeking help for depressive disorders and are actively looking for effective treatment options. In addition, there is a growing preference for non-pharmacological interventions, such as therapy and counseling, which has led to an increase in the demand for mental health professionals and services.

Trends in the market:
Another trend in the Depressive Disorders market in Greece is the rise of digital health solutions. With the advancements in technology, there has been a proliferation of mobile apps, online platforms, and telemedicine services that offer mental health support and treatment. These digital solutions provide convenience, accessibility, and anonymity, which are particularly appealing to individuals who may feel stigmatized or uncomfortable seeking help in traditional healthcare settings.

Local special circumstances:
Greece has been facing economic challenges in recent years, with high unemployment rates and a struggling healthcare system. These circumstances have had a significant impact on the mental health of the population, leading to an increased prevalence of depressive disorders. As a result, there is a greater need for mental health services and resources in the country.

Underlying macroeconomic factors:
The economic situation in Greece has also affected the availability and affordability of mental health services. Public healthcare funding has been reduced, leading to longer wait times and limited access to specialized care. This has created an opportunity for private healthcare providers to enter the market and offer more timely and comprehensive services. Additionally, the economic downturn has resulted in increased stress levels and job insecurity, contributing to the rising demand for mental health support.In conclusion, the Depressive Disorders market in Greece is growing due to increasing awareness and acceptance of mental health issues, a preference for non-pharmacological interventions, the rise of digital health solutions, and the economic challenges facing the country. These factors have created a demand for mental health services and resources, presenting opportunities for both traditional and digital healthcare providers to meet the needs of the Greek population.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on companies' revenues, international institutes data, and global consumer survey data. Revenues refer to the retail value and include sales taxes.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use financial reports and third-party data. Next, we use relevant key market indicators and data from country-specific associations such as healthcare spending per capita, medical product spending per capita, and gross domestic product per capita. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, S-Curve function, ARIMA time series model and exponential curve function. Data is modeled using current exchange rates.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Patients
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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