Menopause Treatment Market Size, Trends and Growth Analysis by Treatment (Hormonal Treatment (Estrogen, Progesterone and Combination), Non-Hormonal Treatment (Anti-Depressants), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Stores) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) – Forecast till 2027
Menopause Treatment Market Highlights
Market Research Future (MRFR) assessed the Global Menopause Treatment Market 2020 through the analysis period till 2027. By 2027, the global menopause treatment market can rise at 6.18% CAGR. By the end of the assessment period, the menopause treatment market can value at USD 15,456.3 Mn. Uncomfortable symptoms, such as; vaginal dryness, hot flashes, and weight gain that are induced due to menopause can be treated with; non-hormonal and hormonal treatments. They offer relieve from the aforementioned issues.
The increase in cases of such menopausal suffering can favor the market expansion in the near future. The focus of companies dealing in menopause treatment supplies are deploying different growth strategies, such as; product advancements and product launches to aid in the expansions of the market. However, hindrance that are likely for the market are discussed in the report with suitable solutions.
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Menopause Treatment Market Segment Analysis
The segment study for the global menopause treatment market is done by treatment and distribution channel.
The segments of the global menopause treatment market that are based on treatment are non-hormonal treatment and hormonal treatment. The hormonal treatment segments are progesterone, estrogen, and combination. The sub-segments of the non-hormonal treatment are anti-depressants and others. The treatment-based segment can win the largest share of the market by 74.6% by 2027. The anti-anxiety segment can cause cash influx due to increase in the utility of these products.
The distribution channel-based segments of the menopause treatment market are retail pharmacies, online stores, and hospital pharmacies. The hospital pharmacies segment can rise at 6.59% CAGR across the assessment period. The retail pharmacies can earn considerable profit for the market in the years to come.
Menopause Treatment Market Regional Analysis
Asia-Pacific, Americas, Europe, and Middle East & Africa are regions that are studied for the menopause treatment market for MRFR regional assessment.
The rise in product approvals and introduction of modern medical technology can support expansion of America market in the years to come. The launched of highly responsive solutions that are used for the treatment of severe dyspareunia observed in decent patient populace can bolster the regional market rise. Strategies taken by major regional players can cause America menopause treatment industry to surge.
In Europe, menopause treatment market can rise due to growing interest of reputed medical technology developing companies for female technology (femtech). The need to introduce menopause treatments across European regions can favor the market expansion in the near future. The emergence of numerous digital health start-ups is observed to offer several opportunities that can promote the market rise. Mobile apps and other B2C digital health tools that offer guide to menopausal women and assist them in the process, along with introduction of online telehealth consultations can promote the menopause treatment market in EU.
Asia Pacific menopause treatment market can register considerable growth pace due to expansion of women’s health sector, rise in awareness about different ways to better women’s health, and introduction of different educational campaigns that can deliver benefits of hormone replacement therapy can bolster the regional market rise.
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Middle East and Africa menopause treatment market can rise due to the cognizance about several campaigns created and funded by private companies.
Menopause Treatment Market Key Players
Novo Nordisk A/S (Denmark), Allergan (Ireland), Novartis AG (Switzerland), Eli Lily and Company (US), Emcure Pharmaceuticals Ltd (India), Teva Pharmaceuticals (Israel), Cipla Inc. (India), Merck & Co., Inc. (US), Abbott Laboratories (US), and Pfizer Inc. (US) are some top-notch players in the global menopause treatment market that are listed by MRFR.
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