Press release
Endometriosis Treatment Market Opportunities 2018 - 2028 | AbbVie Inc., Bayer AG, AstraZeneca, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Ipsen Pharma,
The endometriosis treatment market is likely to exceed US$ 2.5 Bn in 2019, as per the findings of a recently published research study by FMI. According to the study, demand for endometriosis treatment is envisaged to grow against the backdrop of wide-spread prevalence of endometriosis affecting women, notably those in the reproductive age-group.“According to the Endometriosis Foundation of America, around 200 million women worldwide are diagnosed with endometriosis and majority of them experience a prolonged delay in diagnosis. Alarming situations as such are driving the adoption of endometriosis treatment”, finds the FMI study.
The growing adoption of endometriosis treatment can be attributed to,
Increasing rates of endometriosis across the globe
High investments in healthcare infrastructure
Growing need for early diagnosis and preventive medicine
While the rate of new therapies gaining approval has remained sluggish over the recent decades, an extensive analysis of the endometriosis pipeline by FMI unveils that this status quo is set to change. Although only limited products are in development worldwide, the endometriosis pipeline remains relatively diverse with a distinct range of molecule types and molecular targets.
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Oral Contraceptive Pills Remain Topselling Category: FMI Survey
Adoption of endometriosis treatment is also gaining traction owing to broader concerns pertaining to individualizing patient care with effective detection, diagnosis, and treatment. As per the American Society for Reproductive Medicine (ASRM), endometriosis can develop into infertility in around 25-50% of the affected women. Growing focus on early detection and treatment is driving the adoption of effective endometriosis treatment in healthcare facilities.
According to FMI’s study, oral contraceptive pills continue to witness significant demand, on account of end-user preference for easy to consume drugs. East availability and reasonable pricing are among the other key factors driving demand for oral contraceptive pills.
The FMI study finds that hospital stores remain the preferred distribution channel for consumers. Consumer confidence pertaining to the quality of the drugs sold through hospitals, combined with availability of a wide range of drugs are the key factors for the lucrativeness of this channel in the endometriosis treatment market.
Value-Based Production: A Win-Win for Manufacturers and Consumers
The leading players in the endometriosis treatment market remain highly focused on upgrading their market share across emerging markets, such as Asia Pacific. These players are making headway with strategic mergers and acquisitions with regional players and investment groups for market consolidation. The leading players are focusing on value-based production that is a win-win situation for them and the consumers, resulting in greater revenues, higher convenience, and enhanced patient experience.
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North America retains its lucrativeness in the endometriosis treatment market, with US leading in terms of investment-making opportunities. Demand for endometriosis treatment drugs remain highly concentrated in the US, where healthy investments in healthcare services are creating sustained opportunities for manufacturers. As per the report, incidences of endometriosis among the American women are growing at a healthy rate, which is creating favorable circumstances for large-scale adoption of endometriosis treatment.
Additional Questions Answered
This report consists of information crucial to the endometriosis treatment market. The readers can find factors providing dynamics to the endometriosis treatment, be it demand side or supply side. Certain valuable insights might help in solving critical questions for the endometriosis treatment market, such as:
Which drug type accounts for the maximum demand?
Is off-label purchasing present for all of the drug types in endometriosis treatment?
Why developed countries account for the maximum share in the endometriosis treatment market?
Which are the prominent strategies applied by manufacturers in this endometriosis treatment market?
Research Methodology
The process of market estimation is followed by different working strategies. Endometriosis treatment involves drugs which are mostly sold off label. These are precisely mapped over a period. Endometriosis treatment adoption is derived by assuming the potential and present market prevalence of the condition and filters are added to estimate the no. of prevalent population. Adoption of each drug type counter with alternate surgical procedure is applied to get volume treatments. The company does an extensive secondary research of the endometriosis treatment market. Industry-validated historical and current data about the demand for endometriosis treatment across the globe is included. Comprehensive secondary research is followed by extensive and in-depth primary research, where detailed information about the endometriosis treatment market is obtained in terms of value (US$ Million). Based on thorough secondary and primary research, analysts come up with the most precise growth parameters for the endometriosis treatment market that would lead the forecast and assumption factors.
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About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
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