Overactive Bladder Treatment Market Size, Share 2021, Impressive Industry Growth Report 2026| Allergan PLC, Astellas Pharma Inc., Cogentix Medical Inc., Endo International PLC, Hisamitsu Pharmaceutical Co. Inc

Global Overactive Bladder Treatment Market Size, Status And Forecast 2021-2026

MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Overactive Bladder Treatment market, forecast for 2021-2026, covering all aspects of the market and providing up-to-date data on current trends.

The overactive bladder (OAB) treatment market is expected to register a CAGR of 3.4% over the forecast period. The increasing incidence of diseases, such as Parkinson�s disease, which leads to overactive bladder disorder, and rising geriatric population, are primary drivers of the global market. In 2017, as per the World Ageing Report, there were approximately 950 million people who were 60 years old or above, comprising 13% of the global population, and is growing by about 3% every year. Urinary incontinence generally increases with aging. OAB has a major negative impact on the quality of life and health of the aged population. With the increasing burden of OAB, along with other urinary diseases, the growth of the overactive bladder treatment market is likely to be high. Other factors, such as the development of innovative intravesical therapies and aggressive marketing by pharmaceuticals companies, are also expected to expand the market.

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Competitive Landscape

The overactive bladder treatment market is moderately fragmented, with global pharmaceutical companies controlling significant market share. Moreover, the generic space of the market is observing a trend of consolidation and high competition. Major market players include Allergan PLC, Astellas Pharma Inc., Cogentix Medical Inc., Endo International PLC, Hisamitsu Pharmaceutical Co. Inc., Johnson & Johnson, Medtronic PLC, Pfizer Inc., Sanofi, Teva Pharmaceutical Industries Limited, and Macleods Pharmaceuticals Ltd, among others.

Idiopathic Overactive Bladder Treatment Segment is Expected to Hold a Major Share in the Overactive Bladder Treatment Market

Idiopathic overactive bladder treatment is expected to majorly contribute to the revenues over the forecast period, owing to its high prevalence. Due to the bladder muscle weakness post-pregnancy and menopause, women are more vulnerable to the condition. In 2017, as per the National Association for Incontinence, the urinary incontinence affected about 200 million people worldwide. This is expected to encourage key companies to invest in this segment. Increasing competition among the market players may lead to a decrease in the overall cost of treatment, during the forecast period.

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North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period

North America is expected to lead the overactive bladder treatment market. This can be credited to its well-established healthcare industry. With reimbursement of overactive bladder treatment, the growing prevalence of the disease with rising age, and the presence of major players, the market is expected to grow during the forecast period. According to the National Association for Incontinence 2020, approximately 25 million adult Americans suffer from some form of urinary incontinence, among them 75-80% are women. Due to the increasing prevalence of bladder over-activity, geriatric population, healthcare expenditure, and awareness about overactive bladder treatments, the Asia-Pacific region is expected to register the highest CAGR during the forecast period.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluates key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Overactive Bladder Treatment Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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