Global Endometriosis Drugs Market to Exhibit 2.05% CAGR 2016-2020 owing to Rising Adoption of OCPs

Endometriosis, also known as chocolate cysts, affects women during their reproductive years. Endometriosis occurs in the pelvic cavity, fallopian tubes, vagina, ovaries, cervix, and bladder. At times, it can occur in some other parts of the body, including the skin, brain, and lungs. Retrograde menstruation often leads to endometriosis, where menstrual blood flows into the pelvic cavity rather than leaving the body. The growing occurrence of endometriosis has led to the rising introduction of endometriosis drugs and treatments. These are some of the key findings from a report recently added to the online repository of MarketReseachReports.biz.

The report, titled ‘Global Endometriosis Drugs Market 2016-2020,’ states that the global endometriosis drugs market will exhibit a 2.05% CAGR from 2016 to 2020. Primarily, the market will be driven by the rising adoption of OCPs. The rising focus on intrauterine devices (IUDs) is expected to further propel the global market for endometriosis drugs, predict the analysts. However, in many regions, surgeries are considered as the primary treatment for endometriosis. This is expected to hamper the growth of the global market.

For a comprehensive study, the report’s authors have segmented the global endometriosis drugs market on the basis of region, type of therapy, and route of administration (ROA). Based on ROA, the global market for endometriosis drugs is classified into nasal spray, oral, parental, and intrauterine systems. By type of therapy, the market is divided into hormone therapy and pain medicines. Even though surgery is considered to be the primary treatment option to cure endometriosis, technological advancements have boosted the popularity of hormone therapy. Growing investments in research and development activities from leading companies have led to new discoveries of pain medicines. This is expected to propel the global market for endometriosis drugs in the long run.

The global endometriosis drugs market is segmented into Europe, Asia Pacific, the Americas, and the Middle East and Africa. Leading companies are focusing on introducing new endometriosis drugs across the world to maintain their dominance.

AbbVie, AstraZeneca, Bayer HealthCare, Pfizer, Addex Therapeutics, Astellas Pharma, Debiopharm, ElexoPharm, Endoceutics, Euroscreen, Forendo Pharma, Isifer, Kissei Pharmaceutical, Neurocrine Biosciences, Nippon Shinyaku, and ObsEva are some of the prominent companies operating in the global endometriosis drugs market.

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The report highlights the drivers and restraints affecting the global endometriosis drugs market. The global endometriosis drugs market is growing at a steady pace at present, and the future holds promise for sustained rapid growth, predict the report’s authors. With many new companies entering the mainstream, the level of competition is expected to be high. The high chances of recurrence of endometriosis and the presence of ineffective therapies and treatments leading to unmet needs are two of the primary factors expected to propel the demand for endometriosis drugs. However, the lack of proper diagnostic tools and poor compliance rates will hamper the growth of the global endometriosis drugs market.

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