The Menopause Treatment Market will grow at a valuation of USD 15,456.3 Million and a CAGR of 6.18% in the forecast period 2020-2027.
The growing concern for maintaining period hygiene and menopause treatment for a healthy lifestyle for every woman is driving the market. Women face physical and mental stress due to menopause, which also leads to increased health risks that have come into the limelight. The health disorders such as formication, hot flashes, anxiety, fatigue, migraine, irritability, mood swings, and insomnia increased in women. All these diseases have become a major concern which has become a matter to think for the manufacturers of the Menopause Treatment Market.
Working women’s hectic lifestyle with the lack of sleep is worsening the symptoms related to menopause. Therefore, the women are taking measures and adopting the treatment methods. The increased per capita income of working women and their treatment investments drive the market’s growth.
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Moreover, the government’s concern towards women’s health, with investments made in extensive research and development activities to launch novel drugs for menopause treatment, is bringing up huge growth opportunities. NGOs and key players of various regions are conducting campaigns to make people aware of women’s health in rural areas and making people understand the current treatment methods availability has become a path for new growth opportunities.
The Menopause Treatment Market is segmented into major segments based on treatment, non-hormonal treatment, and distribution channels.
The treatment segment of the market is comprised of hormonal and non-hormonal treatments. The hormonal treatment segment is again categorized into estrogen, progesterone, and combination. The non-hormonal treatment has an anti-depressants segment. The hormonal segment is leading the global market because it is a highly recommended medication for menopause.
The distribution channel segment of the Menopause Treatment Market covers hospital pharmacies, retail pharmacies, and online stores. The hospital pharmacy is leading due to the preference of women to visit there to get supportive aid.
According to the geographical growth rate of the Menopause Treatment Market, it shows massive growth extensively in major regions such as South America, North America, Europe, Asia-Pacific, and the rest of the world.
The American region has been leading the market in past years due to factors like new drug testing and launch, escalation in urogenital complications in women, and advanced healthcare sectors with modern infrastructure. Also, initiatives are taken by government bodies concerning women’s health. The rising rate of women population above 60 with enhanced treatment demand is driving the regional market.
The Asia Pacific region is noticing significant growth potential. The programs for awareness to maintain hygiene concerning women’s health are propelling the market. Here, the industrial players of the market are entering into joint ventures to provide better treatment s aid the market. The other regions of the Menopause Treatment Market also show steady growth rates.
List of Key Companies Covered in this Report
In August 2022 – Lupin Limited, a global pharma company, entered into an agreement with I’rom Group Co. Ltd, a Japanese company, to conduct clinical trials on biosimilar Denosumab. Denosumab is designed for postmenopausal treatment with osteoporosis and the prevention of skeletal-related issues in women with bone metastases.
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