The global endometriosis treatment market size was worth around USD 1.3 billion in 2022 and is predicted to grow to around USD 3.21 billion by 2030 with a compound annual growth rate (CAGR) of roughly 13.51% between 2023 and 2030.
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➤ The market demand is being driven by the increasing prevalence of the medical condition.
The global endometriosis treatment market is anticipated to expand as a result of the increasing prevalence of the condition. 10% of the female population that has attained reproductive age is known to be affected by the disease, which is extremely prevalent. The condition is further exacerbated by the absence of precise diagnostic instruments. At present, the medical community is unable to determine the precise cause of the condition, which has resulted in the development of medicine being a time-consuming and extensive endeavor.
➤ The absence of a cure to limit market growth
Even in the most sophisticated medical field, there are specific medical conditions that lack a cure. Endometriosis is an example of such a condition, as there is no permanent treatment available. The disease can only be treated by managing symptoms and delaying or halting its progression if it is diagnosed at the appropriate time. This is a significant disadvantage for the global endometriosis treatment market, as women who lack access to precise information regarding the management of this condition may either continue to experience symptoms or implement local remedies to alleviate the discomfort.
➤ Increasing investment in advanced research to create additional opportunities
One of the primary segments in which the endometriosis treatment industry may expand is the increasing investment in research to identify a cure for endometriosis. Some of these activities involve a more comprehensive comprehension and implementation of hormonal therapies, which are designed to decrease the body’s estrogen levels. At present, there is a significant amount of research being conducted on selective progesterone receptor modulators, aromatase inhibitors, and gonadotropin-releasing hormone agonists and antagonists.
➤ The treatment is associated with a high cost that potentially challenges market growth.
Endometriosis remedies are costly. Unlike other treatment processes that necessitate a single visit to the doctor, these procedures are performed over a period of time. Additionally, the medical procedure results in a variety of outcomes among patients, which is why the endometriosis treatment industry is unable to develop a universal medicine that is effective for all. In addition, patients may experience severe adverse effects, including vaginal dryness, bone loss, hot flashes, and headaches, as a result of hormonal therapies that are associated with the treatment. The growth of the global industry is impeded by all of these factors.
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The Global Endometriosis Treatment Market is segmented based on product, application and region
Global Endometriosis Treatment Market: Product Segment Analysis
● Hormone Therapy
● Pain Medication
Global Endometriosis Treatment Market: Application Segment Analysis
● Injectable
● Oral
● Others
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The global Endometriosis Treatment market profiles key players such as:
● Bayer AG
● AbbVie Inc.
● Johnson & Johnson
● AstraZeneca plc
● Pfizer Inc.
● Roche Holding AG
● Gedeon Richter Plc
● Myovant Sciences Ltd.
● Neurocrine Biosciences Inc.
● Astellas Pharma Inc.
● Sanofi S.A.
● Takeda Pharmaceutical Co. Ltd.
● Kissei Pharmaceutical Co. Ltd.
● Eli Lilly and Company
???? Recent Developments:
• The research community at the University of Edinburgh expressed optimism regarding the potential of the new treatment plan that was devised to treat endometriosis in March 2023. Clinical trials will commence shortly, with approximately 100 women from Edinburgh and London participating. The novel treatment method employs dichloroacetate and non-hormonal medications.
• MYFEMBREE®, which was developed by Pfizer and Myovant Sciences, was approved by the US Food and Drugs Administration (FDA) in August 2022. Modest to severe pain caused by the condition can be effectively managed with the medication administered once daily. The phase 3 SPIRIT program data demonstrated favorable outcomes in terms of pain reduction.
➤ North America is expected to generate the most revenue during the forecast period.
North America is anticipated to experience the most significant development in the global endometriosis treatment market. Over 48.5% of the global market share was dominated by the region in 2022. The high prevalence rate of the condition and the widespread awareness of the diverse treatment plans and therapies available in the medical sector may be the driving factors behind the growth. Additionally, the governments of the United States and Canada have implemented numerous initiatives to increase awareness and comprehension of the condition.
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