Atrophic Vaginitis Treatment Market Is Anticipated To Witness High Growth Owing To Rising Prevalence Of Menopause
Atrophic Vaginitis Treatment Market |
Atrophic vaginitis is a condition caused due to decreased levels of estrogen in women during and after menopause. Symptoms of atrophic vaginitis include dryness, burning sensation, itching and sometimes pain during sexual intercourse. Treatment of atrophic vaginitis includes use of lubricants, moisturizers and low-dose vaginal estrogen therapy. Vaginal estrogen therapy is the most effective treatment method which is usually prescribed in the form of creams, tablets or rings. The global atrophic vaginitis treatment market is estimated to be valued at US$ 758.4 Bn in 2024 and is expected to exhibit a CAGR of 6.1% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the atrophic vaginitis treatment market are United
Company RUSAL Plc, Alcoa Inc., Aluminum Corp. of China Ltd., Kaiser Aluminum
Corporation, Norsk Hydro ASA, Dubai Aluminum Co., Constellium, Kobe Steel,
Ltd., and Aluminum Bahrain B.S.C. These players are focused on developing new
products and adopting inorganic growth strategies like collaborations and
partnerships to expand their market share.
The increasing global geriatric population suffering from menopause and
hormonal imbalance is expected to create numerous growth opportunities in the
market. Companies are investing heavily in R&D to develop new drug
formulations and treatment methods to capitalize on this opportunity.
The global leaders are expanding their operations in emerging markets of Asia
Pacific and Latin America through strategies like joint ventures and
acquisitions. The low manufacturing costs and growing healthcare investments in
these regions are attracting large investments.
Market Drivers
Rising Prevalence of Menopause: The increasing prevalence of menopause
worldwide due to rapidly growing elderly population base is a major factor
boosting market growth. It is estimated that over 1 billion women worldwide
will be in menopause by 2025.
Growing Awareness: Rising awareness about treatment options and available
therapies for atrophic vaginitis is encouraging more women to seek medical
help, driving market revenues.
Market Restraints
Side Effects of Estrogen Therapies: Though estrogen-based therapies are very
effective, they may cause side effects like breast pain, menstrual
irregularities, nausea etc. in some women which limits their uptake.
Lack of Treatment Options: There exist only a few approved therapies for
atrophic vaginitis and unmet needs persist regarding alternate new treatment
modalities which challenges market potential.
Segment
Analysis
The Atrophic
Vaginitis Treatment Market Scope is segmented based on type, treatment,
distribution channel, and region. In terms of type, the market is divided into
mild, moderate, and severe atrophic vaginitis. The moderate segment holds the
largest market share owing to increasing prevalence of menopause that leads to
moderate symptoms of atrophic vaginitis in women. Treatment-wise, the market is
classified into estrogen therapy, estrogen-antimuscarinic therapy, and other
therapies. Within these, estrogen therapy accounts for the dominant share as it
is considered as the standard treatment recommended for women suffering from
atrophic vaginitis.
Global Analysis
Regionally, North America commands the major share in the atrophic
vaginitis treatment market due to growing female geriatric population
experiencing menopause and related vaginal health issues. Also, higher per
capita income enables better access to quality treatment in the region. On the
other hand, Asia Pacific is pegged to witness the highest growth during the
forecast period. This is attributed to improving healthcare infrastructure,
increase in healthcare expenditures, rising awareness about women's health
issues, and gradual adoption of latest treatment options. Japan, China, and
India emerge as highly lucrative Asian markets.
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