Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "Polycystic Ovary Syndrome (PCOS) Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)" report has been added to ResearchAndMarkets.com's offering.
The global polycystic ovary syndrome (PCOS) treatment market is forecast to be valued at US$ 4.2 billion at the end of 2024, with an estimated valuation of US$ 6.11 billion by 2031. PCOS, a complex endocrine condition affecting women, is characterized by ovarian cysts, subfertility, and endocrine variations.
PCOS: A Global Health Concern
Polycystic ovarian syndrome (PCOS) poses a significant global health challenge, affecting millions of women worldwide. According to the World Health Organization (WHO), over 116 million women (3.4%) globally suffer from PCOS. In the United States alone, PCOS accounts for 6% to 12% of cases among women of reproductive age, making it a leading cause of female infertility.
PCOS is not limited to a specific age group, as it can persist even in postmenopausal women, leading to metabolic changes and an increased risk of cardiovascular disease. Early diagnosis and treatment are crucial not only to alleviate symptoms but also to prevent long-term consequences.
Opportunities for PCOS Drug Manufacturers:
Changing Lifestyles and Rising Awareness: With a growing awareness of PCOS and its associated risks, there is an increasing demand for diagnosis and treatment. Awareness programs and initiatives, such as PCOS Awareness Association (PCOSAA), are contributing to higher diagnosis rates.
Innovative Treatment Modalities: Manufacturers are offering an expanded range of drug formulations and dietary products to cater to the rising number of PCOS diagnoses. Innovative alternatives and improved treatment options are expected to boost adoption rates.
Challenges Faced by Market Players:
Unavailability of FDA-Approved Drugs: Limited FDA-approved drugs for PCOS treatment force individuals to use off-label drugs intended for different purposes. The absence of FDA-approved treatments for PCOS-related symptoms hinders market growth.
Lack of Awareness in Underdeveloped Economies: In underdeveloped economies, awareness regarding PCOS and its symptoms remains significantly low. This, coupled with a lack of understanding and a carefree attitude towards treatment, can hinder market expansion.
Country-Wise Insights:
- Lucrative U.S. Market: The United States experiences rising healthcare costs and an increasing prevalence of PCOS-related disorders. Improved healthcare infrastructure, rising disposable income, and government-led awareness initiatives contribute to market growth.
- Growing Indian Market: India has witnessed a surge in PCOS diagnoses, with approximately 22.5% of women affected. Increased awareness, changing lifestyles, and dietary habits are driving the demand for PCOS treatment in the country.
Competitive Landscape:
Leading manufacturers and pharmaceutical companies are focusing on developing innovative products to strengthen their global product pipelines. Collaborations and consolidation activities with other firms are being pursued to expedite research, development, and distribution.
Key Companies Profiled:
- Novartis AG
- Sanofi
- Teva Pharmaceutical Industries Limited
- Merck & Co., Inc. (Merck group)
- AstraZeneca plc.
- Bayer AG
- Abbott
- Pfizer, Inc
- Bristol-Myer Squibb Company
- Ferring Pharmaceuticals, Inc.
- Johnson and Johnson
- Mylan N.V.
- Allergan plc.
- GlaxoSmithKline
- Lupin Pharmaceuticals
- AbbVie
- Takeda
- BIOCAD Global
- Blairex Laboratories Inc
- Agile Therapeutics
Key Segments of PCOS Treatment Industry Research
By Drug Class:
- Oral Contraceptives
- Insulin Sensitizing Agents
- Antidepressants
- Ornithine Decarboxylase Inhibitors
- Aromatase Inhibitors & SERMs
- Diuretics
By Distribution Channel:
- Hospital Pharmacies
- Drug Stores/OTC
- e-Commerce
- Clinics
By Region:
- North America
- Latin America
- Europe Polycystic
- South Asia
- East Asia
- Oceania
- Middle East & Africa
For more information about this report visit https://www.researchandmarkets.com/r/v9v12u
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
