LATAM Women's HSDD Treatment Market to Hit $170 Million | Growing at a CAGR of 3.8%

Allied Market Research recently said "LATAM women hypoactive sexual desire disorder treatment market by Treatment Type and Sales Channel: Regional Opportunity Analysis and Industry Forecast, 2019-2027," the LATAM women hypoactive sexual desire disorder treatment market size accounted for $131 million in 2019, and is expected to reach $170 million by 2027, registering a CAGR of 3.8% from 2020 to 2027.

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COVID-19 Impact Analysis (Pre & Post) -

• Since announcements of the Covid-19 outbreak as a pandemic, several countries across the globe adopted lockdown and asked to observe social distancing as a preventive measure to curb the spread. This resulted in decline in logistic services.
• On the other hand, the majority of the healthcare professionals and systems focused their attention on treating Covid-19 patients. Thus, most of the HSDD patients had to reschedule their doctor appointments.

The market is divided into hospitals, clinics, and internet retailers based on the sales channel. In 2019, the hospitals sector led the market, accounting for nearly 50% of the total. However, the sector for clinics is anticipated to experience the highest CAGR of 6.7% over the course of the forecast period.

The treatment market for LATAM women with hypoactive sex desire disorder is examined across a number of areas, including Brazil, Argentina, Chile, Colombia, and the rest of LATAM. In 2019, the Brazilian market, which made up more than one-third of the market, held the largest stake. But from 2020 to 2027, the market in all of Argentina is anticipated to grow at the greatest CAGR of 7.7%.

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Important Key Market Players Are -

• Aurobindo Pharma,
• Bristol-Myers Squibb Company,
• GlaxoSmithKline Plc,
• Mylan N.V.,
• Novartis AG,
• Palatin Technologies, Inc.,
• Sprout Pharmaceuticals, Inc.,
• Sun Pharmaceutical Industries Limited,
• Teva Pharmaceutical Industries Ltd., and
• Zydus Cadila.

Lockdowns had an adverse impact on every type of business in Latin America. For instance, non-essential businesses such as retail business that operate with a physical location with access to public were closed. Furthermore, non-essential construction was also halted, recreational and entertainment businesses such as gyms, movie theaters, art centers, race tracks, salon, and public & private social clubs were also closed under the lock downs. However, essential businesses such as grocery stores, chemist stores, hospitals, veterinary hospitals remained functional during lockdowns.

Key Findings of The Study -

• By treatment type, in terms of value, the bupropion segment dominated the market in 2019, and is anticipated to maintain its dominance throughout the forecast period
• By sales channel, the clinics segment is anticipated to grow with the highest CAGR throughout the forecast period.
• By treatment type, the bupropion segment accounted for more than half the share of the market in 2019.

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Geographic Segments Covered in the Report -

The LATAM Women Hypoactive Sexual Desire Disorder (HSDD) Treatment Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

• North America (USA and Canada)

• Europe (UK, Germany, France and the rest of Europe)

• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)

• Latin America (Brazil, Mexico, and the rest of Latin America)

• Middle East and Africa (GCC and rest of the Middle East and Africa)

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