Market Trends of Global Postpartum Depression Drugs Industry
This section covers the major market trends shaping the Postpartum Depression Drugs Market according to our research experts:
Postpartum Anxiety by Type is Expected to Witness Growth Over the Forecast Period
Postpartum anxiety is when a person feels excessive anxiety during the postpartum period following childbirth. Sometimes the severity of the postpartum anxiety may interfere with a person's ability to function in everyday tasks. Hence, the burden of postpartum anxiety is anticipated to bolster the growth of the segment over the analysis period.
Postpartum depression sometimes carries generalized anxiety, which becomes severe over time, and it has become a serious mental health concern globally. The data published by PostpartumDepression.org updates from March 2022, Women with a history of depression, anxiety disorders, or serious mood disorders are 30% to 35% more likely to develop postpartum depression. Also, the data showed that younger mothers of age 25 and below were more likely to develop postpartum depression or anxiety and the prevalence for this group was 30% compared to 23% for other age groups. Thus, the prevalence and incidence of postpartum anxiety are predicted to witness segment growth over the future.
Furthermore, a study titled "Prevalence of Maternal Postnatal Anxiety and Its Association With Demographic and Socioeconomic Factors: A Multicenter Study in Italy" published in September 2021 showed that when 307 mothers aged 18 years or more with a biological baby of fewer than 52 weeks from seven Italian healthcare centers were evaluated overall prevalence of self-reported postnatal anxious symptoms of 34.2% were reported, while the prevalence was 34.5% at 1-24 weeks postpartum, and 30.8% at more than 24 weeks postpartum specifically. Hence, the increasing research to find out the prevalence of postpartum anxiety is increasing, driving the segment's growth.
Therefore, the postpartum anxiety segment is anticipated to grow over the forecast period, driving the demand for therapies and drugs for treatment, positively impacting the overall studied market.
North America is Expected to Dominate the Market Over the Forecast Period
Feelings of postpartum depression (PPD) are more intense and last longer than expected. Postpartum depression is a common public health concern in the North American region among women after childbirth. This region is anticipated to dominate the PPD drugs market owing to the rising prevalence of PPD across the countries in the region.
The Centers for Disease Control and Prevention (CDC) data updated in May 2022 shows that about 1 in 8 women with a recent live birth experience symptoms of postpartum depression in the United States, and the estimates of the number of women affected by postpartum depression differ by age, race/ethnicity, and state. In addition, a population-based, repeated cross-sectional study was conducted in Ontario, Canada, to analyze Postpartum mental illness during the COVID-19 pandemic. The results were published online in June 2021 in the Canadian Medical Association Journal (CMAJ). As per the study results over the first nine months of the COVID-19 pandemic, clinical visits for postpartum mental illness were significantly more frequent, and higher visit rates were seen in both primary and specialist care in the region. Hence, the prevalence of PPD and physician visits in the countries across North America is creating demand for PPD drugs which alternatively is expected to drive the studied market growth over the forecast period.
Furthermore, the initiatives taken by the government and private organizations are increasing awareness among the North American target population for the treatment of PPD, which is predicted to drive the studied market growth. For instance, in April 2022, American Psychiatric Association (APA) launched a new initiative, the Mental Health Needs Assessment in the Management of Perinatal Psychiatric Disorders which is supported by a grant from the Center for Disease Control and Prevention (CDC) to address gaps in the treatment of perinatal mental health problems. Following the launch at the same time, in May 2022, the Health Resources and Services Administration (HSRA) launched a toll-free hotline for expecting and new mothers experiencing mental health challenges, where trained counselors will provide brief interventions and referrals to community-based and telehealth providers as needed. Thus, the rise in initiatives is expected to create more opportunities for PPD drugs in the region, driving the overall market growth.
Moreover, the clinical trials are increasing the number of countries in the region developing advanced drugs for PPD. The data retrieved from the clinicaltrials.gov website shows that 193 clinical trials have been registered in the North America region as of May 26th, 2022, among which 153 clinical trials have been registered in the United States itself, followed by 41 in Canada and 2 in Mexico. The number of clinical trials for developing PPD drugs is predicted to drive the studied market growth over the analysis period.
Additionally, the approval of drugs is also propelling the growth of the market. For instance, in May 2021, Woebot Heath received United States Food and Drug Administration (FDA) Breakthrough Device Designation for the company's digital therapeutic for the treatment of postpartum depression (PPD). WB001 is an investigational digital therapeutic, delivered over eight weeks via a patient's smartphone, that combines cognitive behavioral therapy (CBT) and elements of interpersonal psychotherapy (IPT) with a deep understanding of the lived experience of PPD to reduce symptoms of postpartum depression.
Therefore, owing to the factors mentioned above, the PPD drugs market is anticipated to see growth over the forecast period in the North American region.