Press release
Cyclic Heavy Menstrual Bleeding Market Report 2024: Strategies And Recent Developments | Pfizer Inc., Merck and Co. Inc., Novartis AG, Abbott Laboratories, GlaxoSmithKline PLC
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Cyclic Heavy Menstrual Bleeding Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The cyclic heavy menstrual bleeding market size has grown strongly in recent years. It will grow from $40.21 billion in 2023 to $42.97 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to aging population, raise awareness about menstrual health, rising disposable incomes, government initiatives.
The cyclic heavy menstrual bleeding market size is expected to see strong growth in the next few years. It will grow to $54.27 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to growing female population, rising prevalence of obesity, increasing access to healthcare, growing popularity of biosimilars, increasing demand for preventive treatments. Major trends in the forecast period include medical advancements, minimally invasive procedures, nutritional approaches, eco-friendly menstrual products.
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Market Segmentation:
The main types of cyclic heavy menstrual bleeding are polymenorrhea, oligomenorrhea and metrorrhagia. Polymenorrhea is a medical term used to describe a menstrual cycle abnormality in which a woman experiences menstrual periods more frequently than the typical menstrual cycle length of approximately 21 to 35 days. The various treatment types include medication, hormonal therapy and surgery with various routes of administration such as oral and parenteral. These are used by various end-users such as hospitals, homes, specialty clinics and others.
Cyclic Heavy Menstrual Bleeding Global Market Report 2023 provides data on the global cyclic heavy menstrual bleeding market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors' revenues, profiles and market shares. The cyclic heavy menstrual bleeding market report identifies opportunities and strategies based on market trends and leading competitors' approaches.
Major Driver - Elevated Incidence Of Uterine Fibroids And Polyps Fuels Growth In The Cyclic Heavy Menstrual Bleeding Market
Rising cases of uterine fibroids and polyps are expected to propel the growth of the cyclic heavy menstrual bleeding market going forward. Uterine fibroids and uterine polyps are two common types of noncancerous growths that can develop in the uterus (womb) of women. The treatment for uterine fibroids and polyps reduces blood loss, regulates the menstrual cycle, prevents complications and enhances the emotional well-being of patients suffering from menstrual disorders. For instance, in March 2022, according to Frontiers, a Switzerland-based journal, in the United States, a survey was conducted on 1,346 randomly selected women on the incidence of uterine fibroids between 35 and 49 years screened by self-report, found an incidence of uterine fibroids by age 35 of 60% among African-American women, increasing to >80% by age 50, whereas Caucasian women in this study showed an incidence of 40% by age 35 and almost 70% by age 50. Therefore, rising cases of uterine fibroids and polyps drive the cyclic heavy menstrual bleeding market.
Competitive Landscape:
Major players in the cyclic heavy menstrual bleeding market are Pfizer Inc., Merck and Co. Inc., Novartis AG, Abbott Laboratories, GlaxoSmithKline PLC, Medtronic PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Amgen Inc., Boehringer Ingelheim International GmbH, Reckitt Benckiser Group PLC, Teva Pharmaceutical Industries Ltd., Mylan N.V., Bausch Health Companies Inc., Eisai Co. Ltd., Sun Pharmaceutical Industries Ltd., Perrigo Company PLC, Dr. Reddy's Laboratories Ltd., Aurobindo Pharma Limited, Cipla Limited, Ferring B.V., Amneal Pharmaceuticals LLC, Zydus Lifesciences Ltd., Lupin Limited, Torrent Pharmaceuticals Ltd.
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Top Trend - Myovant Sciences And Pfizer Revolutionize Treatment With Myfembree In Cyclic Heavy Menstrual Bleeding Market
Major companies operating in the cyclic heavy menstrual bleeding market concentrate on developing potential medications such as MYFEMBREE to gain competitive advantages in the market. For instance, in May 2021, Myovant Sciences, a US-based pharmaceutical company and Pfizer, a US-based pharmaceutical company, introduced MYFEMBREE, the Food And Drug Administration, a US-based government agency. This is the first once-daily treatment for managing heavy menstrual bleeding associated with uterine fibroids in premenopausal women, with a treatment duration of up to 24 months. Additionally, this medication reduces the risk of bone loss and norethindrone acetate (a progestin), which is necessary when women with a uterus (womb) take estrogen.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cyclic Heavy Menstrual Bleeding Market Characteristics
3. Cyclic Heavy Menstrual Bleeding Market Trends And Strategies
4. Cyclic Heavy Menstrual Bleeding Market - Macro Economic Scenario
5. Cyclic Heavy Menstrual Bleeding Market Size And Growth
…..
27. Cyclic Heavy Menstrual Bleeding Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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Global Cyclic Heavy Menstrual Bleeding Market
Global Cyclic Heavy Menstrual Bleeding Market
Heavy menstrual bleeding (HMB) is one of the most common debilitating gynecologic disorders that is affecting women of reproductive age. Increasing incidence rate drives the growth of the cyclic heavy menstrual bleeding market. Rising cases of uterine fibroids and polyps boost the growth of cyclic heavy menstrual bleeding. In addition, effective treatment cost and easy availability of treatment options plays a significant role in…