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Endometriosis Market 2024 - By Size, Growth Potential, Industry Trends And Forecasted Report For 2033
Endometriosis Market
The Business Research Company's Endometriosis Global Market Report 2023 identifies increasing incidence of ovarian cancer as the major driver for the Endometriosis market's growth in the forecast period. Ovarian cancer is a type of cancer that begins in the ovaries, the female reproductive organs responsible for producing eggs and the hormones estrogen and progesterone. Endometriosis is associated with an increased risk of developing epithelial ovarian cancer, mainly the endometrioid and precise cell cancer subtypes, characterized by high estrogen concentrations, which can increase the risk of developing ovarian cancer.
The endometriosis market size has grown rapidly in recent years. It will grow from $1.27 billion in 2023 to $1.4 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to delayed diagnosis and increased awareness, advances in laparoscopic surgery, hormonal therapies, patient advocacy and support groups. The endometriosis market size is expected to see strong growth in the next few years. It will grow to $2.01 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.
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Major competitors in the Endometriosis market are Pfizer Inc., F. Hoffmann-La Roche AG, Merck And Co. Inc., Abbvie Inc., Bayer AG, Bristol-Myers Squibb Company, GlaxoSmithKline PLC.
A key trend in the Endometriosis market includes growth in government funding. Government funding refers to financial assistance received by non-government entities that receive all or a portion of the financial backing from a government. Government funding for endometriosis research is typically provided through grants and contracts awarded to individual researchers and institutions for clinical research. For instance, in March 2022, the U.S. federal government announced $92 million in funds for the National Institute of Child Health and Human Development (NICHD) and maintains its $370 million funding for the Department of Defense's Peer-Reviewed Medical Research Programme (PRMRP) to support endometriosis research. Therefore, the growth in government funding is driving the growth of the endometriosis market.
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The Endometriosis market is segmented -
• By Type: Superficial Peritoneal Lesion, Endometrioma, Deeply Infiltrating Endometriosis, Other Types
• By Treatment Type: Hormonal Therapy, Pain Management
• By Drug: Oral Contraceptives, Progestins, Nonsteroidal Anti-Inflammatory Drugs (NSAIDs), Gonadotropin Releasing Hormone (GnRH) Analogues, Levonorgestrel-Releasing Intrauterine Devices (LNR-IUDs), Other Drugs
• By End-User: Hospitals, Homecare, Specialty Centers, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Endometriosis market.
The Business Research Company's "Global Endometriosis Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Endometriosis Market Include:
1. Executive Summary
2. Endometriosis Market Characteristics
3. Endometriosis Market Trends And Strategies
4. Endometriosis Market - Macro Economic Scenario
5. Global Endometriosis Market Size and Growth
……………………………………..
32. Global Endometriosis Market Competitive Benchmarking
33. Global Endometriosis Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Endometriosis Market
35. Endometriosis Market Future Outlook and Potential Analysis
36. Appendix
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