Polycystic Ovary Syndrome Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028
A polycystic ovary syndrome is a group of symptoms that include insulin sensitivity, menstrual irregularities, infertility, acne, and excess body and facial hair. It is caused by increased levels of male hormones, or androgens, in females of childbearing age.
The global polycystic
ovary syndrome drugs market is expanding due to the disease's increasing
prevalence and increased patient awareness. People's increasing purchasing
power and increased awareness of PCOS are expected to drive growth in the
global PCOS drugs market.
The
need for effective management of Polycystic Ovary
Syndrome Treatment Market diseases such as hirsutism, obesity, and
infertility is expected to drive up demand for PCOS drugs. In addition, the
rising popularity of combination drugs and their increased patient adoption is
expected to drive revenue growth in the PCOS drugs market in the coming years.
Rising R&D spending and the introduction of novel drugs are also expected to drive growth in the global polycystic ovary syndrome drugs market over the forecast period. However, a lack of FDA-approved drugs, a low level of awareness of the Polycystic Ovary Syndrome Treatment Market in developing countries, and rising side effects associated with generics may stymie market growth during the forecast period.
The
global market for Polycystic
Ovary Syndrome Treatment Market drugs offers several opportunities for market
participants to expand. There is good growth potential in emerging markets, and
pharmaceutical drug manufacturers are focusing on emerging economies in Asia
Pacific and Africa, such as Kenya and Nigeria, to target a large patient
population. Furthermore, effective reimbursement policies and lower drug costs
for PCOS treatment are likely to increase PCOS drug adoption globally.
Leading market players
are also investing heavily in the development of new branded drugs to treat
PCOS, owing to an expected large increase in the global patient population.
During the forecast period, demand for branded PCOS drugs is expected to rise
significantly.
Key Players
Sanofi, Novartis AG, Teva
Pharmaceutical Industries Limited, Addex Therapeutics Ltd., BIOCAD, Merck KGaA,
AstraZeneca plc., Bristol Myers Squibb Co., Ferring Pharmaceuticals, Inc., and
Crinetics Pharmaceuticals, Inc. are major players in the global polycystic
ovary syndrome treatment market.
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