Press release
Global Menopausal Hot Flashes Market Investigation and Growth Forecasted Until the End of 2022
MRRSE
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The global menopausal hot flashes market is fragmented moderately. The top eight players in the market collectively held a share of more than 50% in 2014. Novartis AG and Pfizer Inc., are the top two players within the market, accounting for nearly 30% of the market in 2014, states a new research study by MRRSE. Pfizer is likely to benefit from its well established presence across North America whereas Novartis is gaining on account of its efforts directed towards expanding its product portfolio for the treatment of menopausal hot flashes.
According to the report by MRRSE, the global menopausal hot flashes market will be worth US$5.28 bn by the end of the forecast period. On the basis of therapy, the demand for non-hormonal therapies for menopausal hot flashes is increasing. On the basis of geography, North America is leading on account of the rising incidence of menopausal vasomotor symptoms. Asia Pacific is anticipated to one of the most lucrative regional markets on account of the rising awareness among the population regarding menopause-related health issues.
Initiatives taken by Governments to Increase Awareness Level Driving Demand
According to a MRRSE analyst, “the increasing incidences of women suffering from hot flashes, night sweats on account of menopause is a key factor boosting the growth of this market.” Governments across the globe are taking several initiatives to create awareness among women regarding women’s health after menopause. There are several private healthcare institutes which are also focusing on creating awareness and providing effective care and treatment for menopausal hot flashes.
Speedy Approval of New Drugs Boosting Growth of Market
A key factor boding well for the market is the speedy approval of several new drugs or therapeutics for menopausal hot flashes. This is also working well for market players as its is helping create new avenues of growth. The market is also benefitting from the rise in the number of working women and the growing importance of career for women, leading to a higher ability to spend on treatment and rise in demand for several hygiene products and treatment solutions for menopausal symptoms so as to be able to carry out their professional duties and responsibilities. As an increasing number of women worldwide are realizing that getting effective menopausal treatment boosts good health, self-confidence, self-esteem, and overall quality of life, the demand for these drugs will soar high.
The report also profiles major players in the global menopausal hot flashes market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players profiled in this report include Allergan plc, Bayer AG, Hisamitsu Pharmaceutical Co., Inc., Merck & Co. Inc., Novartis International AG, Novo Nordisk, Pfizer, Inc. and Teva Pharmaceutical Industries Ltd.
Complete Report Details with Tables and Figures @ https://www.mrrse.com/menopausal-hot-flashes
The global menopausal hot flashes market is segmented as follows:
Global Menopausal Hot Flashes Market, by Therapy Type
Hormonal
Estrogen
Premarin
Vivelle-Dot
Progestin
Prometrium
Combination Therapy
Duavee
Prempro
Non-Hormonal
Brisdelle
Global Menopausal Hot Flashes Market, Pipeline Analysis
Phase I and II Drugs
Phase III Drugs
Global Menopausal Hot Flashes Market, by Geography
North America
U.S.
Canada
Europe
U.K.
Germany
France
Rest of Europe
Asia Pacific
Australia
Japan
India
China
Rest of Asia Pacific
Rest of the World
Latin America
Middle East and Africa
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