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Discover the Growth of the Polycystic Ovarian Syndrome (PCOS) Therapeutics Market
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Major driving factors for the growth of the PCOS therapeutics market include, increasing prevalence of diabetes, rising obesity rates and increasing genetic and hormonal disorders worldwide. Diabetic and obese females are more prone to polycystic ovarian syndrome, and their rising levels will lead to more PCOS females, hence will create a demand for PCOS therapeutics worldwide.
Presence of large number of off-label and generic drugs in this category may restrain the growth of this market. However, rising worldwide dissatisfaction from various off-label drugs that are available to treat PCOS will create more demand for branded drugs and thus help grow this market in future. A large number of drugs currently in clinical trials and expected to be commercialized in the near future will provide newer opportunities to this market.
Geographically, North America is the largest market for PCOS therapeutics followed by Europe. High prevalence and huge demand for diagnosis and treatments for PCOS in the region are major factors that largely contribute towards the growth of this market in these regions. Asia-Pacific market is expected to show the highest growth rate in PCOS therapeutics due to rising awareness about women healthcare and increasing affordability of the population.
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Major players operating in PCOS therapeutics market are AstraZeneca plc, Biocinese, Catalysis, S.L., Crinetics Pharmaceuticals, Inc., Eugonia, EffRx, Inc., Ferring Pharmaceuticals, Inc., Merck KGaA, Neurocrine Biosciences, Inc., Reliance Life Sciences Pvt. Ltd. and Shire plc.
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