Antidepressants Continue to Dominate the OCD Therapeutics Market
The new report suggests that despite an increasing public awareness of the disorder, a lack of new upcoming drugs may disappoint many sufferers of the disorder. The report does suggest, however, that the presence of non-pharmacological therapies such as psychosocial therapy may be acting as a barrier to drug usage.
Current OCD therapeutics options leave a lot to be desired, as, although several approved options are relatively safe and effective when used over time, all available drugs show high relapse rates of OCD after treatment is discontinued. Approved treatments currently include Selective Serotonin Reuptake Inhibitors (SSRI), which are more commonly known as antidepressants, and are also used as the first line of treatment for OCD patients.
The OCD drugs market showed low growth from 2006 to 2011, primarily due to the patent expiries of Zoloft (sertraline) and Paxil (paroxetine). GlobalData’s research also demonstrates that the developmental pipeline for OCD therapeutics is weak, with only nine molecules currently in development. Most clinical trials are small and sponsored by universities or institutes, and aim to discover a second line of therapy for OCD patients unresponsive to SSRIs. Little research seems to be taking place which could offer a revolutionary change in OCD treatment, as there are no molecules in development that offer a novel mechanism of action.
GlobalData’s analysis indicates that the presence of established treatment therapies, including generic drugs and off-label antipsychotics, may have led to the absence of research activity from pharmaceutical companies. This means that, in spite of a significant unmet need in terms of drug treatment, OCD sufferers can expect to see little change in their options in the near future.
GlobalData analysis indicates that the global OCD therapeutics market showed a low CAGR growth of 1.1% from 2006 to 2011, reaching a value of $317m. The market is expected to grow at a compound annual growth rate (CAGR) of 4.8%, to reach $461m by 2019.
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