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PCOS Diagnostic Market Top Players - Siemens Healthineers AG, GE Healthcare, Mindray Medical International Limited, Esaote S.p.A.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global PCOS Diagnostic Market Size, Share & Trends Analysis Report By Type (Pelvic Exam, Blood Test, Transvaginal Ultrasound), By End User (Hospitals & Clinics, Fertility Clinics, Others)- Market Outlook And Industry Analysis 2031"The Global PCOS Diagnostic Market is estimated to exhibit a CAGR of 4.7% during the forecast period.
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PCOS (polycystic ovarian syndrome) is a hormonal disease that is common among women of childbearing age. PCOS is characterized by irregular or elevated levels of male hormones. There is presently no cure for PCOS; however, numerous drugs are used to regulate the menstrual cycle and manage PCOS symptoms. The primary aspect driving the growth of this market is the rise in polycystic ovarian syndrome (PCOS) occurrences worldwide. Other factors, such as rising diabetes and obesity prevalence among women, increasing hormonal disorders in women, socioeconomic factors, shift in sedentary lifestyle, and rising consumption of poor diet, are also predicted to accelerate the market's overall expansion.
Furthermore, market growth is predicted to be fueled by the developing healthcare industry, the adoption of combination medications, and rising patient adoption. Also, increased awareness among patients and clinicians about chronic diseases and hospital-acquired infections dampens market growth throughout the predicted period. Leading manufacturers' focus on improving their geographic presence is also expected to stimulate market growth.
List of Prominent Players in the PCOS Diagnostic Market:
• Siemens Healthineers AG
• GE Healthcare
• Mindray Medical International Limited
• Esaote S.p.A
• Telemed Medical Systems
• Shantou Institute of Ultrasonic Instruments Co., Ltd. (SIUI)
• BK Medical
• Alpinion Medical Systems
• Mindray ZONARE Medical Systems
• Xianfeng Ultrasound Medical.
Market Dynamics:
Drivers-
The polycystic ovarian syndrome diagnostic market is growing due to an increase in PCOS prevalence, increased patient awareness, and increased usage of combination therapy. Furthermore, simple access to PCOS treatments, rising demand for PCOS drugs, and technical developments in PCOS screening all have an impact on market growth. However, the absence of approved treatments and the uncertain etiology and pathophysiology of PCOS are expected to stymie market expansion. Furthermore, developing nations' untapped potential presents significant chances for the expansion of the polycystic ovarian syndrome diagnostic market throughout the forecast period.
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Challenges:
The medicine used to treat polycystic ovarian syndrome have a number of side effects, such as cardiovascular risks, weight gain, altered glucose tolerance, increased insulin resistance, and thromboembolic events are projected to hinder market expansion. Furthermore, the lack of a particular treatment for this illness, as well as the unclear etiology and pathophysiology of the polycystic ovarian syndrome, will impede the overall market growth.
Regional Trends:
The North American PCOS Diagnostic Market is expected to register a significant market share in terms of revenue and is projected to expand at a high CAGR in the near future. The surge in the adoption of polycystic ovarian syndrome treatment products will boost market expansion due to increased awareness about polycystic ovarian syndrome therapy in North America. Furthermore, developments in healthcare infrastructure, an increase in the target population, a burgeoning R&D sector, an increase in healthcare reforms, and technical advancements in the field of healthcare all contribute to market growth. Furthermore, factors such as the increased focus of leading manufacturers on developing their geographic presence in emerging Asia-Pacific countries to seize high growth opportunities in the market, a large population base, and increased disposable incomes are expected to drive the growth of the Asia-Pacific polycystic ovarian syndrome diagnostic market.
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Recent Developments:
• In January 2022, a biotechnology company Celmatix Inc. focused on ovarian biology, announced the achievement of a third milestone in its five-year, multi-target cooperation with Evotec. Evotec and Bayer AG have reached a significant milestone by moving a PCOS therapy program centered on a unique Celmatix-identified therapeutic target into hit identification.
Segmentation of PCOS Diagnostic Market-
By Test Type-
• Blood tests
• Pelvic exam
• Ultrasound (Transvaginal)
By End User-
• Hospitals & Clinics
• Fertility clinics
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
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Tel : +1 551 226 6109
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info@insightaceanalytic.com
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