Menopause Market 2024-2033: Global Outlook, Industry Share, Latest Trends And Major Players

The menopause market size has grown strongly in recent years. It will grow from $16.53 billion in 2023 to $17.74 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increased life expectancy, women's health awareness, nutritional supplements, healthcare access improvement, stress and lifestyle management, patient advocacy..

The menopause market size is expected to see strong growth in the next few years. It will grow to $22.64 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to cognitive health focus, wellness programs at workplace, mental health integration, education and awareness campaigns, personalized medicine.. Major trends in the forecast period include digital health solutions for menopause, non-hormonal therapies, research on long-term health outcomes, telemedicine and virtual health, technological innovations in treatment..

Market Overview -
Menopause is a natural biological process that marks the end of a woman's menstrual cycles and reproductive years, diagnosed after a woman has gone 12 consecutive months without a menstrual period. It is often associated with various physical and hormonal changes signaling the end of the reproductive years when the ovaries stop releasing eggs and the hormones progesterone and estrogen become less abundant.

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Physical Inactivity Among Menopausal Women Driving Growth In The Menopause Market
The increasing physical inactivity among women is expected to propel the growth of the menopause market going forward. Physical inactivity refers to the absence or minimal physical activity that refers to all activity, including mobility during leisure time, transportation to and from places, and moving as part of a person's job. The growing problem of physical inactivity among women during menopause contributes to a greater demand for products and services that address menopausal symptoms, health risks, and overall well-being. For instance, in September 2023, according to the Centers for Disease Control and Prevention, a US-based national public health agency, the %age of women who had no physical activity increased by 7.9% from 213,555 in 2020 to 230,493 in 2021. Therefore, the increasing physical inactivity among women is driving the menopause market.

Competitive Landscape -
Major companies operating in the menopause market report are Pfizer Inc., Johnson & Johnson Inc, The Procter & Gamble Company, F. Hoffmann-La Roche AG, Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi S.A, Abbott Laboratories Ltd., GSK plc, Eli Lilly and Company, Amgen Inc., Novo Nordisk A/S, Viatris Inc., Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Sun Pharmaceutical Industries Limited, Cipla Inc., Dr. Reddy's Laboratories Ltd., Apotex Inc., Rainbow Light Nutritional Systems LLC, Mithra Pharmaceuticals SA, TherapeuticsMD Inc., Theramex SpA, Pure Encapsulations LLC., Mylan N.V., PADAGIS LLC, Serenity Pharmaceuticals LLC, ASCEND Therapeutics US LLC

Innovation With Menopause Capsules To Cater To Menopausal Women
Major companies operating in the menopause market are focusing on developing innovative products, such as Your Meno Ease Capsules, to meet the needs of existing consumers better. Your Meno Ease Capsules is a diet*ary supplement that helps to relieve the symptoms of menopause in women and contains a blend of vitamins, minerals, and other nutrients that are thought to be beneficial for menopausal women. For instance, in October 2022, PharmaLinea Ltd., a Slovenia-based manufacturer of menopausal dieta*ry supplements, launched Your Meno Ease Capsules. These revolutionary capsules are innovative with unique components and clinically validated functions ranging from general menopausal symptom alleviation to extra advantages in state of mind, mental processes, distress, cardiovascular, and bone wellness. PharmaLinea's product is a single capsule comprising 75 mg of Qratol and 40 mg of Qsoy. It also has 1.6 mg of vitamin B6. Qsol is a soy component that has been found to reduce menopausal symptoms, while Qratol is a reservatol substance that offers several health benefits.

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Key Segments -
The menopause market covered in this report is segmented -
1) By Treatment: Dietary Supple*ments, Over-The-Counter (OTC) Pharma Products
2) By Route of Administration: Topical, Oral, Injectables
3) By Distribution Channel: Hospital, Retail, Online Pharmacies
4) By End User: Hospital, Diagnostic Centers, Specialty Clinics, Other End Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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