Adenomyosis Treatment Market is Systematically Growing at a Healthy CAGR of 4.1% During Forecast 2017-2023
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 Size ,
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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