Polycystic Ovary Syndrome Treatment Market Segmentation By Drugs (Oral Contraceptives, Insulin-Sensitizing Drugs, Antidepressants, Anti-Androgen Drugs and Others); By Surgery (Laparoscopic Ovarian Drilling and Ovarian Wedge Resection); By Distribution Channel (Online and Offline) – Global Demand Analysis & Opportunity Outlook 2027
Buy Now Report ID: 2069 | Published Date: Feb 15, 2023
Lack of Availability of Proper Medication to Hamper the Market Growth
As there is no known cause of polycystic ovary syndrome, the drugs available for the treatment are not highly accurate. Moreover, the drugs change the hormone levels in the body which further increases the side effects including body weight gain or loss, irregular menstruation, bloating and others. These factors are estimated to hinder the growth of PCOS treatment market over the forecast period.
The polycystic ovary syndrome treatment market is anticipated to record a CAGR of around 5% over the forecast period, i.e., 2019-2027. The market is segmented by drugs, by surgery, by distribution channel and by region, out of which, the drugs segment is further segmented into oral contraceptives, insulin-sensitizing drugs, antidepressants, anti-androgen drugs and others. Based on drugs, the insulin-sensitizing drugs is anticipated to hold the largest share in the polycystic ovary syndrome treatment market on account of higher demand of anti-diabetic drugs that decrease the hormone levels, thereby controlling PCOS as well as diabetes. Since androgens are secreted in excess in this disorder, the levels of insulin in the body are affected which eventually leads to diabetes. Further, insulin-sensitizing drugs prevent the onset of diabetes that might result from PCOS which is further estimated to raise the demand for this segment. The oral contraceptives segment is estimated to grow at the highest rate as a result of easy availability of these medications at online and offline pharmacies. Contraceptives are used in order to treat the common symptoms of PCOS such as to provide relief from menstrual pain and treat irregular menstrual cycles, which is further anticipated to raise the demand for this segment in the upcoming years.
Growth Drivers
Growing Awareness among Women about the Risks of PCOS to Drive the Market Growth
The various risks to the health of women, especially to the reproductive health, that result from polycystic ovary syndrome are increasing the awareness among women for the prevention of this disorder. PCOS is a common cause of infertility among women, affecting about 6% to 12% of females, i.e., around 5 million women in the United States, as reported by Centers for Disease Control and Prevention. The rising understanding about PCOS results in a greater knowledge and better diagnosis of the symptoms of this disorder including irregular or no menstruation, excessive growth of hair, weight gain, acne and irregular ovulation.CLICK TO DOWNLOAD SAMPLE REPORT
Reducing the Risk of Disorders Linked with PCOS to Boost the Market Growth
PCOS leads to the development of various disorders including diabetes, heart diseases and several other hormone related disorders. The serious health disorders linked with polycystic ovary syndrome result in a greater requirement for the elimination of this disorder, which is estimated to significantly propel the market growth.
Our in-depth analysis of the polycystic ovary syndrome treatment market includes the following segments:
By Drugs
By Surgery
By Distribution Channel
By Region
On the basis of regional analysis, the polycystic ovary syndrome treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
The largest share in the polycystic ovary syndrome market is anticipated to be held by the market in North America on account of higher number of cases of PCOS diagnosed in the region. Moreover, the incidence of this disorder among women was reported to be higher as a result of better medical facilities and increasing awareness among women. The presence of key players in the market in this region is an additional factor estimated to contribute towards the market growth. The market in Asia Pacific, however, is anticipated to observe the highest rate of growth during the forecast period on account of greater population that gives rise to more cases of polycystic ovary syndrome, mainly in regions of China and India.
The polycystic ovary syndrome treatment market is further classified on the basis of region as follows:
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Author Credits: Radhika Gupta, Shivam Bhutani
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