Uterotonic Agent Market By Drug, Type, Application, Size, Share, Industry Trends and Forecast to 2029

The global uterotonic agent market is expected to witness significant growth during the forecast period. The market is majorly driven by rising cases of abortion and the vulnerable women population. In addition, advances in biotechnological and pharmaceuticals sectors or industries and more collaborations are some impacting factors driving market growth. Among the different types, oxytocin is one such drug that is widely used for lactation and parturition among others.

Data Bridge Market Research analyses a growth rate in the global uterotonic agent market in the forecast period 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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https://www.databridgemarketresearch.com/reports/global-uterotonic-agent-market

Market Definition

Uterotonic agent, formally known as ecbolic, is a class of therapeutics that causes contractions and increases the uterine tone. Uterotonic agent helps in the treatment of postpartum or postabortion haemorrhage as well as induce labor.

Drivers

Surge in Abortion Rate
According to WHO, there are about 73 million abortions worldwide each year. 6 out of 10 (61%) of all unwanted pregnancies and 3 out of 10 (29%) of all pregnancies end with an abortion. Global estimates from 2010 to 2014 show that 45% of all abortions performed are unsafe. Of all unsafe abortions, one-third were performed in the least secure conditions. H. By individuals who are not trained using dangerous and invasive methods.

Rising Childbirth Using Labor Induction
Increasing childbirth through labor induction is expected to boost the market growth over the forecast period. For instance, as per National Perinatal Information Center's January 2019 report, induction of labor rates increased by 40% during 1997-2017 in the U.S.

Opportunities

Rising Incidence of Postpartum Hemorrhage
Higher prevalence of postpartum hemorrhage is expected to boost the market growth. According to the study, 'Incidence and risk factors for postpartum hemorrhage among transvaginal deliveries at a tertiary perinatal medical facility in Japan' published in the journal PLoS One in January 2019, it was witnessed that the prevalence of postpartum hemorrhage was 8.7%, and of severe postpartum hemorrhage was 2.1%. This boosts the market growth.

Restraints/Challenges

Quality Issues
The quality issues associated with the preparation of uterotonic agents could curb the growth of the global uterotonic agent market over a forecast period.

High Cost
The huge expenditure of these agents surely hamper the market growth.

This global uterotonic agent market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global uterotonic agent market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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