Press release
Menopause Treatment Market Revenue Growth, Size, Regional Share Analysis & Forecast Till 2027
Menopause Treatment Market
Menopause is the end of the reproductive phase in women, which occurs at the age of 40 in about 80% of women. Menopause causes a decrease in estrogen production and an increase in gonadotropin, resulting in the cessation of menstrual flow and cycle. Hot flashes, formication, and migraine are some of the symptoms seen during menopause.
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Menopause is a normal part of life. It is not an illness or a condition. As a result, it does not necessitate immediate medical attention. However, palliative medical therapy may be warranted in circumstances where the physical, mental, and emotional consequences of perimenopause are severe enough to seriously affect the life of the woman experiencing them.
The COVID-19 epidemic has had a crippling effect on the menopause treatment business, resulting in the temporary closure of manufacturing facilities and decreased demand. Even as the globe works to contain the spread of SARS-CoV-2, major firms are working to strengthen their supply chains and speed their operations to avoid more losses. They are also investing in research and development and forming cooperative ventures to overcome the financial challenges caused by the pandemic. Furthermore, with the progressive lifting of the blockade across nations and the new coronavirus under control, the worldwide menopause treatment market is expected to recover more quickly in the coming years.
Market Segmentation
By Hormonal Treatment
There are two types of menopausal treatment available: hormonal treatment and non-hormonal treatment. There are three forms of hormonal treatments: estrogen, progesterone, and a combination. The hormonal treatment sector leads the global industry because hormone therapy is the most usually indicated or given the drug for preventing hot flashes and vaginal dryness associated with menopause.
By Pharmacies
The menopausal therapy market has been evaluated for retail pharmacies, online stores, and hospital pharmacies, depending on the distribution methods. The hospital pharmacy category grabbed the lead in 2019 as a result of an increasing number of women choosing to be admitted due to the availability of numerous new technologies and services in hospitals.
Regional Classification
The continually growing female population over the age of 60, the high incidence of an unhealthy lifestyle, and the increasing launch of novel pharmaceuticals all benefit the American market. Supportive government activities relevant to women's health in the United States, as well as the resulting rise in awareness, strengthen the regional market's growth potential.
The Asia-Pacific has the potential to have the quickest growth rate over the evaluation period, owing to increased awareness of women's health and an increase in the number of participants forming joint ventures with local firms and distributors. Women in the region are becoming more electronically aware and digitally skilled.
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Key Players
MRFR recognizes the following companies as the Key Players in the Global Menopause Treatment Market- Novo Nordisk A/S (Denmark), Pfizer Inc. (US), Allergan (Ireland), Eli Lily and Company (US), Emcure Pharmaceuticals Ltd (India), Novartis AG (Switzerland), Cipla Inc. (India), Teva Pharmaceuticals (Israel), Merck & Co., Inc. (US), Abbott Laboratories (US).
Industry News
August 2020 - Bayer paid more than USD 800 million for KaNDy Therapeutics (UK), a developer of menopausal symptoms treatment, to add the latter's menopausal medicine to its developing pipeline of women's health segment. Bayer is on pace to grow its women's health business through strategic acquisitions and collaborations.
Cipla Inc. bought four brands from India-based Wrenbury in February 2020, including CDense, CPink, Folinine, and Productiv, to strengthen its position in the women's health industry, particularly in menopause treatment.
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