Gynecology Drugs Market To Grow With Impressive CAGR During the Forecast Period
Growing awareness about women health is
driving the growth of Global Gynecology Drugs Market in the forecast period,
2022-2026.
According to TechSci Research report, “Global Gynecology Drugs Market By Therapeutics
(Hormonal Therapy vs. Non-Hormonal Therapy), By Indication (Gynecology Cancers,
Endometriosis, Female Infertility, Menopausal Disorder, Gynecology Infections,
Polycystic Ovary Syndrome and Contraception), By Distribution Channel (Hospital
Pharmacies, Retail Pharmacies, Online Pharmacies), By Region, Competition
Forecast & Opportunities, 2026”, the global gynecology drugs market is projected
to grow at an impressive CAGR in the forecast period, 2022-2026, owing to rising
incidences of gynecological diseases, change in lifestyle of the global female
population, and rise in the demand for better gynecological treatments. Moreover,
the increasing instances of chronic diseases like cancer are driving the growth
of the global gynecology market in the next five years. However, the stringent
regulations and high-quality standards set by market leaders are projected to
restrain the penetration of new entrants, which eventually hinders the market
growth.
Gynecology drugs are the therapeutic drugs
that are conditioned for the treatments of gynecologic diseases. Gynecological
diseases are a medical condition affecting the female reproductive system.
These diseases affect uterus, ovaries, and the appendages. Gynecological
diseases include cervical dysplasia, menstrual disorders, pelvic floor
prolapse, pelvic pain, polycystic ovarian syndrome, uterine fibroids, urinary
incontinence. Gynecology disorders may cause severe issues in case of pregnant
women.
According to the World Health Organization,
in 2018, cervical cancer is the fourth most common type of cancer that occurs
in women. In 2018, according to WHO, 570, 000 women in the world were diagnosed
with cervical cancer worldwide, and about 311, 000 women died from the same in
that year.
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Gynecology Drugs Market"
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The global gynecology
drugs market is segmented by therapeutics, indication, distribution channel,
regional distribution, and competitive landscape. Based on indication, the
market is further fragmented into gynecology cancers, endometriosis, female
infertility, menopausal disorder, gynecology infections, polycystic ovary
syndrome and contraception. Gynecology cancers are the type of cancers that are
formed in the reproductive organs. Cases of cervical cancers, ovarian cancer,
uterine cancer, vaginal cancer, vulvar cancer are all types of gynecology
cancers that are prevailing in the last five years. Endometriosis is a disorder
in which uterus tissues grow outside the uterus lining. These tissues outgrow
over ovaries, fallopian tubes or the intestines. Female infertility is about
the condition, where women lose the ability to procreate. In this procedure,
the ovulation and menstrual cycles are irregular which means that the woman is
not producing the ovarian eggs for the fertilization. Reproductive organ
failure may lead to female infertility too. Menopausal disorder is the medical
condition in which the female patient is affected by gynecological disorder
after they experience their menopause.
Major companies in the
market are Eli Lilly and Company Ltd., Pfizer Inc., Merck & Co., Inc., Amgen
Inc., AstraZeneca Plc, F. Hoffmann-La Roche Ltd., Allergan Plc., Bayer AG, Abbott
Laboratories Ltd., AbbVie Inc., GlaxoSmithKline Plc, Novartis Ltd., Lupin
Pharmaceuticals, Inc., Johnson and Johnson Inc., Sanofi SA, among others. The
market players are actively involved in the technological advancements of the therapeutics
as well as research and development of the medical devices involved with the
administrations of the gynecology drugs. Other strategies include partnerships
among the market players.
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“North
America is a promising region for the future market owing to the excellent
healthcare industry developments. Moreover, FDA approval towards various
therapeutics is driving the growth of the market consistently. Also, United
States is the major economy that suffers with the rising incidences of breast
cancer, menopausal disorders, polycystic ovary syndrome and other chronical
diseases related to women. Furthermore, working class women are a large
population of the country, and the work environment is often stressful which
causes severe health issues in the gynae health. Also, issues like polycystic
ovarian disorder are also rapidly increasing in the Asia Pacific region, thus
the market is anticipated to grow at a significant share in the forecast period,”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based Global management consulting firm.
“Global
Gynecology Drugs Market By Therapeutics (Hormonal Therapy vs. Non-Hormonal
Therapy), By Indication (Gynecology Cancers, Endometriosis, Female Infertility,
Menopausal Disorder, Gynecology Infections, Polycystic Ovary Syndrome and
Contraception), By Distribution Channel (Hospital Pharmacies, Retail
Pharmacies, Online Pharmacies), By Region, Competition Forecast &
Opportunities, 2026”, has evaluated the future growth
potential of global gynecology drugs and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in
global gynecology drugs market.
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