Menopause Treatment Market -Highlights
Menopause is the end of the fertile phase in women, generally occur at the age of 40 in almost 85% of women. Menopause results in reduced estrogen production and increased gonadotropin, resulting in the cessation of their menstrual cycle and menstrual flow.
These physiological changes results in vasomotor symptoms such as hot flashes, irregular bleeding, migraine, mood swings, formication, fatigue, anxiety, irritability, insomnia, disturbed sleep pattern and others.
The developments in the surgery segment, such as minimal invasive laparoscopy surgery, is driving the global menopause treatment market.
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Menopause treatment Market – Leading Players
- Merck & Co., Inc.
- Novartis AG
- Novo Nordisk A/S
- Pfizer, Inc.
- Allergan plc
- Emcure Pharmaceuticals Ltd.
- Eli Lilly and Company
- Cipla Inc.
- Teva Pharmaceutical Industries Ltd.
Menopause treatment Market –Growth and Analysis
The loss of patents and the rise of counterfeited drugs has also restricted the market growth. The other market constrains are high cost and complications of the surgery.
The market drivers for menopause treatment market are increasing geriatric population, growing screening, rising awareness about women healthcare and growing income of women etc.
The market restraints are controversy regarding hormonal treatment, increased rates of cancer, cost of therapy, complications of therapy such as bleeding, heart attack, stroke, pain, low healthcare expenditure in developing regions, etc.
Menopause Treatment Market -Segmentation
The global menopause treatment market has been segmented on the basis of hormonal treatment, non-hormonal treatment and end user.
- Based on the hormonal treatment, the market has been segmented as estrogen, progesterone, combination of the two and other.
- Based on the non-hormonal treatment, the market has been segmented as anti-depressants, anti-anxiety, anti-migraine and others.
- Based on the end user, the market has been segmented as hospitals & clinics, academic and research, and others.
- Based on the end user, the market has been segmented as hospitals & clinics, academic and research, and others.
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Menopause Treatment Market -Regional Analysis
The Americas account for a significant market share owing to high expenditure on the health care. Additionally, the fastest uptake of new products in the US drives the menopause treatment market.
Furthermore, concentration of the major healthcare companies in the developed countries of this region coupled with large insurance penetration is adding fuel to the market growth
Europe is the second largest market in the world due to high income and strong healthcare penetration. The European market growth is led by countries such as Germany and France.
The UK is expected to be the fastest growing market over the assessment period. The strong pharmaceutical industry in Germany is a strong driver behind the dominance of this country in Europe.
Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to fast growing healthcare sector and large unmet needs over the forecast period.
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