The polycystic ovarian syndrome (PCOS) treatment market comprises of sale of services & related products that are used in drug stores, hospital pharmacies, and retail pharmacies to treat PCOS. PCOS is a hormonal disorder, which is a very common health problem caused by an imbalance of reproductive hormones. With PCOS, women have metabolism problems that affect their overall health & appearance. PCOS can cause missed/irregular menstrual periods and an irregular periods can lead to infertility & development of cysts or small fluid-filled sacs in the ovaries.
According to study, “Polycystic Ovarian Syndrome Treatment Market Global Report 2020-30” the key companies operating in the global polycystic ovarian syndrome treatment market are Pfizer, Inc., Merck KGaA, Sanofi, AstraZeneca, Ferring Pharmaceuticals, Inc., Bristol-Myer Squibb Company, Bayer AG, Novartis AG, Abbott, Addex Therapeutics Ltd, BIOCAD, Teva Pharmaceutical Industries Limited, Allergan plc., Johnson and Johnson, Ferring BV. These leading companies are increasingly investing for the initiatives to boost the awareness levels among the women about the feminine hygiene in the developing regions such as Middle East & Africa and Asia-Pacific.
Based on drug class, polycystic
ovarian syndrome treatment market is segmented as oral contraceptive, insulin
sensitizing agent, anti-obesity drugs, antiandrogens, and others. The insulin
sensitizing agent segment holds major share in global market owing to rise in
adoption of insulin sensitizing agents as the first line treatment for
management of PCOS. Based on surgery, market is segmented as laparoscopic
drilling and wedge resection. In addition, based on distribution channel,
market is segmented as drug stores & retail pharmacies, hospitals
pharmacies and online providers. The online providers segment is estimated to
witness higher growth rate due to increase in awareness of online providers,
rise in preference for online purchasing of drugs over the traditional methods
and increase in number of internet users during the forecast period.
The polycystic ovarian syndrome
treatment market is driven by increase in prevalence of PCOS, followed by easy
accessibility to PCOS therapeutics, rise in awareness among patient population,
rise in demand for PCOS medications, increase in adoption of combination
therapy, and growth in technological advancements for detection of PCOS
influence the market growth. However, lack of specific treatment for PCOS
disorder, lack of approved therapeutics and unknown etiology &
pathophysiology of PCOS may impact the market. Moreover, increase in number of
unmet needs for treatment of PCOS is a key opportunity for market.
Based on geography, the
North-American region dominates the global polycystic ovarian syndrome
treatment market owing to increase in awareness and growth in availability of
advanced healthcare facilities in the region. The European and Asian-Pacific
regions are expected to grow at the highest growth rate due to increase in
government initiatives for raising awareness about the symptoms & diagnosis
of PCOS and available treatment are rising the number of women being diagnosed
with this syndrome during the forecast period. The global PCOS treatment market
was valued at US $3.83 billion in 2019 and it is expected to grow at a higher
CAGR of 5.00% and reach US $4.65 billion by 2023.
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Global
Polycystic Ovarian Syndrome Treatment Market
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