Press release
Maternal Mental Health Market Robust Expansion is expected to 2034
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Maternal Mental Health Market- (By Disease Indication (Postpartum Depression, Dysthymia, Pregnancy and Postpartum General Anxiety, Pregnancy and Postpartum OCD, Birth-Related PTSD, Others), By Therapy (Antidepressants (Selective serotonin reuptake inhibitors (SSRIs), Tricyclic antidepressants (TCAs), Others), Interpersonal Psychotherapy (IPT), Cognitive Behavioral Therapy (CBT), Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Maternal Mental Health Market is valued at US$ 6.36 Bn in 2022, and it is expected to reach US$ 52.28 Bn by 2031, with a CAGR of 26.5% during a forecast period of 2023-2031.
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Maternal mental health is a global topic that affects women from all over the globe. It relates to women's mental well-being during pregnancy and the postpartum period. The market is being driven by reasons such as the rising incidence of postpartum depression, increased awareness programs, and initiatives to improve maternal mental healthcare practices, among others. Moreover, the primary driving reasons for market expansion are predicted to be higher government funding to minimize maternal mortality, an increase in the frequency of postpartum depression, an increase in awareness programs, and initiatives to improve mothers' mental health practices.
Another factor responsible for market growth is the availability of various nutritional and micronutrient supplementation options, such as those for iron, zinc, calcium, and early prenatal meals. A growing number of women with the immunodeficiency virus and other chronic illnesses, the adoption of many government efforts to enhance public health, and a number of other reasons are expected to drive growth in the market.
List of Prominent Players in the Maternal Mental Health Market:
• Therapy Mama
• Canopie
• Pfizer Inc
• Viatris Inc.
• GlaxoSmithKline Inc.
• Alembic Pharmaceuticals Limited
• Mallinckrodt Inc.
• Sage Therapeutics, Inc.
• Bausch Health Companies Inc.
• Magellan Health, Inc.
• Happify Health
• Sonder Mind
• Maven Clinic
• Wildflower Health
• Hims and Hers
• Medela LLC
• Clue
• Happy Mom
• Postpartum Support International
• Others
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Market Dynamics:
Drivers-
The maternal mental health market has significantly altered how pregnant women and new moms can seek and receive mental health care. Mobile applications, telehealth, digital health, and other developments have made obtaining assistance, information, and therapy simple and remote. As a result of technological advancements, women today have access to mental health care even in remote or underdeveloped locations. The incorporation of technology has boosted the efficacy and efficiency of therapy, hence enhancing overall support for maternal mental health.
Challenges:
The maternal mental health sector faces significant challenges due to a shortage of skilled employees. The scarcity of mental health specialists with specialized training and experience in maternal mental health may limit the provision and accessibility of care for pregnant and new mothers. The demand for perinatal mental health treatment is increasing, but there may not be enough staff to meet it, potentially leading to lengthier wait times and a limited ability to provide therapy rapidly.
Moreover, The maternal mental health market is heavily influenced by socioeconomic factors. Financial constraints and economic issues might make it difficult for expecting and new moms to obtain mental health care.
Regional Trends:
The North America Maternal Mental Health Market is expected to register a major market share in revenue, and it is projected to grow at a high CAGR in the near future. The maternal mental health market in North America includes a variety of products and services aimed at meeting the mental health requirements of pregnant and postpartum women. Growing awareness of mother's mental health disorders, including prenatal and postpartum depression and anxiety, has led to more awareness of the importance of treating these conditions in the region.
This increased awareness has been aided by awareness campaigns, advocacy activities, and media coverage. Additionally, growing awareness of maternal mental health challenges in the Asia-Pacific area has resulted in a greater understanding of the need to address these challenges. Increased awareness has been aided by public health campaigns, educational activities, and media attention.
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Recent Developments:
• In February 2023, Biogen Inc. and Sage Therapeutics, Inc. announced that the US Food & Drug Administration has accepted zuranolone's New Drug Application for treating PPD and major depressive disorder. The claim has been granted priority review, and the FDA has assigned an August 5, 2023, Prescription Drug User Fee Act action date.
• In Nov 2022, The digital behavioural health company SonderMind acquired Total Brain, a platform that enabled users to monitor their mental capacity, emotions, and stress. The services provided by Total Brain included brain assessments and monitoring, mental health screening tools, and individualised self-care and stress relief programmes.
Segmentation of Maternal Mental Health Market-
By Disease Indication-
• Postpartum Depression
• Dysthymia
• Pregnancy and Postpartum General Anxiety
• Pregnancy and Postpartum OCD
• Birth-Related PTSD
• Others
By Therapy-
• Antidepressants
o Selective serotonin reuptake inhibitors (SSRIs)
o Tricyclic antidepressants (TCAs)
o Others
• Interpersonal Psychotherapy (IPT)
• Cognitive Behavioral Therapy (CBT)
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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