Press release
Global Uterine Fibroids Drug Market To Witness Excellent Growth By 2026|F. Hoffmann-La Roche Ltd, Pfizer Inc, Novartis AG, Bristol-Myers Squibb Company, Sanofi
Global uterine fibroids drug market is expected to grow at a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the increasing prevalence of uterine fibroids, rise in female population, growing screening; rising awareness and development in the healthcare expenditure and the government support for the research & development for new and better treatment have fueled the market growth.The key market players in the global uterine fibroids drug market are GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd, Pfizer Inc, Novartis AG, Bristol-Myers Squibb Company, Sanofi, Teva Pharmaceutical Industries Ltd., Amgen Inc, Medtronic, Endo Pharmaceuticals Inc, Mylan N.V, Sun Pharmaceutical Industries Ltd, Hologic, Inc, Smith & Nephew, Merck & Co., Inc, ALLERGAN, Bayer AG, Koninklijke Philips N.V, IceCure Medical Ltd and others.
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The study objectives of this report are:
o To analyze global uterine fibroids drug status, future forecast, growth opportunity, key market and key players.
o To present the uterine fibroids drug development in United States, Europe and China.
o To strategically profile the key players and comprehensively analyze their development plan and strategies.
o To define, describe and forecast the market by product type, market and key regions.
o The future aspects impacting the global uterine fibroids drug market in every possible way are also further discussed in the report. The market providers compete on the basis of innovation, reputation, pricing, service, promotion and distribution. The uterine fibroids drug market report has faced several phases after gathering the most important data from the research with facing the challenge of arranging it in a proper manner, which has made the analysis more efficient and effective.
Market Drivers
Increasing prevalence of uterine fibroids is driving the market growth
Rising female population across the globe is driving the market growth.Growing screening across the world can also acts as a market driver
Rising awareness amongst people about the uterine fibroids and its treatment is also boosting the market growth
Market Restraints
Side effects of treatment such as bleeding and infection during surgery can hamper the market growth
Low healthcare expenditure in developing regions also restricts the market growth
High cost-containment measures undertaken by governments along with the ongoing healthcare reforms.
Limited treatment options for uterine fibroids are restricting the market growth.
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
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Segmentation: Global Uterine Fibroids Drug Market
By Types
Subserosal Fibroids
Submucosal Fibroids
Intramural Fibroids
Pedunculated Fibroids
By Mechanism of Action
GnRH Agonists
Steroids
Contraceptives
NSAIDs
Vitamins
By Drugs Type
Progesterone
Levonorgestrel
Mefenamic
Raloxifene
Others
By Diagnosis
Ultrasound
Lab Tests
Imaging Tests
Magnetic Resonance Imaging (MRI)
Hysterosonography
Hysterosalpingography
Hysteroscopy
By Treatment
Medication
Dietary Supplements
Surgery
By Route of Administration
Oral
Intravenous
Others
By End-Users
Hospitals
Homecare
Specialty Clinics
By Geography
North America
Europe
Rest of Europe
South America
Middle East & Africa
Key Developments in the Market
In July 2019, Myovant Sciences Ltd. reported positive primary outcome of the successful clinical trial for Relugolix combination therapy for the treatment of uterine fibroids. As, the phase III (LIBERTY 2) clinical trial hits the primary endpoint, as well as six secondary endpoints in women with uterine fibroids demonstrating the strong response rates in patients. Thus, the company seeks to file NDA to the U.S FDA
In November 2018, AbbVie Inc is developing Elagolix drug for the treatment of reducing heavy menstrual bleeding associated with uterine fibroids. The drug is currently undergoing phase lll clinical trial, an orally-administered, non-peptide, small molecule gonadotropin-releasing hormone (GnRH) receptor antagonist which inhibits endogenous GnRH signaling by binding competitively to GnRH receptors in the pituitary gland. This drug has a potential as a future treatment for women with uterine fibroids
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