Adenomyosis Treatment Market to Grow at 4.1% CAGR Between 2018 and 2023
Market
Overview:
Adenomyosis is defined as a medical
condition in which the inner lining of the uterus (also known as the
endometrium) breaks through the muscle wall of the uterus (the myometrium). The
treatment of this medical problem is called adenomyosis treatment. A new report
on the global Adenomyosis Treatment Market,
published by Market Research Future (MRFR), states that this market can
visualize progress at 4.1% CAGR during the forecast period (2018-2023).
In terms of value, the market can be worth USD 291.5 Mn by the end of
the forecast period.
The biggest driver for the global adenomyosis
treatment market growth is the global prevalence of adenomyosis. The increasing
awareness about adenomyosis as well as its treatment is boosting the global
adenomyosis treatment market by creating the demand, supply, and sales for new
drugs and therapies, along with advanced medical technology-focused towards the
adenomyosis. Hence, new opportunities are arising for market growth. During the
forecast period, increased funding for research & development (R&D) to
develop more advanced products (medical devices) is expected to reflect
favorably on the market. However, the market in developing countries can face
hurdles as many people are not aware of this medical problem.
Key
Players
·
Bayer
AG
·
Ferring
B.V
·
Johnson
& Johnson Consumer Inc
·
Merck
KGaA
·
Novartis
·
Pfizer
Inc
·
Speciality
European Pharma
Market
Segmentation
·
The
global adenomyosis treatment market segmentation encompasses diagnosis, type, and
treatment. MRFR’s take on the market marks various facets of the market
in-depth.
·
The
diagnosis-based segmentation of this market covers endometrial biopsy, magnetic
resonance imaging (MRI), ultrasound, and others. The ultrasound segment has
been sub-segmented into transabdominal ultrasound and endovaginal ultrasound
which is also known as transvaginal ultrasound.
·
By
type, the market includes adenomyoma, diffuse, focal, and others.
·
By treatment,
the market covers anti-inflammatory drugs, hormone medications, and
hysterectomy. The anti-inflammatory drugs segment has been sub-segmented into Advil,
ibuprofen, Motrin ibuprofen (Motrin IB), and others.
Regional
Segmentation
A geographical outlining of the global adenomyosis
treatment market covers the Americas (North America & South America), Asia
Pacific, Europe, and the Middle East & Africa (MEA).
The Americas is the biggest regional
market as North America alone has the potential of becoming a powerful regional
market. Due to the advanced medical facilities being available in the USA North
America is a larger regional market segment compared to South America. North
America is the largest regional market segment due to the rapid adoption of new
drugs and therapies. Continuous innovation on the technological front and heavy
use of technology in the medical sector boost market in this region. USA and
Canada are generating the maximum revenue in this region.
Europe is the second-largest regional
market as many important market players are based in Europe. Due to the reasons
the same as in The Americas, Western Europe is a bigger market compared to
Eastern Europe. The major market share comes from France, Germany, Spain, Italy,
and the UK.
The Asia Pacific region is an important
regional market due to improving medical sector and stable technological
progress. In this report, this regional market has been segmented into Asia and
the Pacific. In Asia, the key country-specific markets are China, India, Japan,
and South Korea. An observation of the remaining countries in Asia and the
Pacific region featured in this report calculates the additional market revenue
from some other countries.
In the MEA region, the market has been
slow due to limited availability of advanced medical facilities. Countries
focused in the report include Egypt, Saudi Arabia, and the UAE.
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