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Cyclic Heavy Menstrual Bleeding Market Size, Share, Trends Analysis And Forecasts(2024 - 2033)
The new report published by The Business Research Company, titled Cyclic Heavy Menstrual Bleeding Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, 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 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%.
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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.
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 cyclic heavy menstrual bleeding market covered in this report is segmented -
1) By Type: Polymenorrhea; Oligomenorrhea; Metrorrhagia
2) By Treatment Type: Medication; Hormonal Therapy; Surgery
3) By Route of Administration: Oral; Parenteral
4) By End-Users: Hospitals; Homecare; Specialty Clinics; Other End-Users
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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.
Contents of the report:
1. Executive Summary
2. Cyclic Heavy Menstrual Bleeding Market Report Structure
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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