Global Post Traumatic Stress Disorder Market Size

Post Traumatic Stress Disorder Market Analysis

The post traumatic stress disorder treatment market is expected to register a CAGR of more than 4% over the forecast period (2022-2027).

The COVID-19 pandemic is an unprecedented health concern that has significantly impacted the posttraumatic stress disorder (PTSD) treatment market. There are several studies conducted that indicate that COVID-19 increases the risk of PTSD, and this has led to an increase in demand for PTSD treatment. For instance, an article titled, "COVID19 and Posttraumatic Stress Disorder: The Perfect 'Storm' for Mental Health (Review)" published in August 2021 demonstrated that COVID-19 has a substantial impact on mental health and poses a significant risk to the development of trauma-related disorders, including PTSD among individuals who are most vulnerable, such as children, adolescents and COVID-19 survivors. Additionally, as per an article titled, "Posttraumatic Stress Disorder in Patients After Severe COVID-19 Infection", published in February 2021, a cross-sectional study found a PTSD prevalence of 30.2% after acute COVID-19 infection, which is in line with findings in survivors of the previous coronavirus illnesses compared with findings reported after other types of collective traumatic events. Such studies indicate that the demand for PTSD treatment boosted amid the pandemic. Thus, the COVID-19 pandemic has positively impacted market growth.

The growth of the market can be attributed to the factors such as the increasing burden of post-traumatic stress disorder (PTSD) worldwide, the rise in the number of clinical trials pertaining to PTSD treatment as well as increasing research and development of novel therapies and drugs for PTSD.

The increasing burden of post-traumatic stress disorder is driving the demand for treatment that is majorly contributing to the market growth. As per the article titled, "Global Burden of Posttraumatic Stress Disorder and Major Depression in Countries Affected by the War: a Systematic Review and Meta-analysis" published in July 2021 reported that out of twenty-two surveys for PTSD, 13 surveys for major depression (MD) and six surveys on the comorbidity of post-traumatic stress disorder and MD were included. As per the study, random effects meta-analyses yielded a point prevalence of 26.51% for post-traumatic stress disorder. The study also stated that the extrapolation yielded 316 million adult war survivors globally who suffered frompost-traumatic stress disorder and/or Major depression. Thus, the statistics from the study indicate the rising demand for post-traumatic stress disorder treatment.

Additionally, as per an April 2022 update by SANE Australia, in Australia, around 1-2% of adults experience post-traumatic stress disorder each year, while approximately 12% experience PTSD in their lifetime. This further indicates the significantly growing demand for post-traumatic stress disorder treatment.

However, the rise in the number of clinical trials is also contributing to the market growth. For instance, in June 2020, SIU School of Medicine launched a clinical trial to study the safety and efficacy of an investigational drug for post-traumatic stress disorder. Furthermore, in June 2021, ANANDA Scientific Inc., biotech pharmaceutical company, and NYU Grossman School of Medicine today reported the first patient was enrolled in a clinical trial evaluating Nantheia A1002N5S, an investigational drug using cannabidiol in ANANDA's proprietary Liquid Structure delivery technology as a treatment for Post-Traumatic Stress Disorder (PTSD) symptoms and Neurocognitive Impairment in patients with post-traumatic stress disorder and with post-traumatic stress disordercomorbid with Traumatic Brain Injury (TBI). Thus, due to the above-mentioned factors, the market is expected to grow significantly over the forecast period.

However, side effects associated with post-traumatic stress disorder treatment and the high cost of the treatment are the major factors hindering the market growth.