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08-Jun-2024

Menopause Treatment Market for Remarkable Growth, Expected to Reach USD 1,308.00 Million by 2034 at a 5.6% of CAGR

Menopause Treatment Market

The Menopause Treatment market is set for consistent growth, with an estimated valuation of USD 758.5 million in 2024. According to recent forecasts, the market is expected to expand at a steady Compound Annual Growth Rate (CAGR) of 5.6% over the forecast period from 2024 to 2034, reaching approximately USD 1,308.00 million by 2034.

Menopause treatment products have seen increasing demand due to the growing recognition of menopausal health and the need for effective management of symptoms. The market’s growth is driven by trends that emphasize the significance of women’s health, advancements in treatment options, and the rising awareness of menopause-related issues.

The significant growth of the global menopause treatment market is being driven by a better awareness of menopause symptoms and a greater focus on individualized healthcare solutions. As women’s health becomes increasingly customized, there is a noticeable trend toward customized therapy strategies to address the unique challenges and symptoms associated with menopause.

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In addition, more and more people are becoming aware of the menopause and the wide range of symptoms it can cause. In the end, this benefits the market because it enables women to receive the treatment and remedies they require to manage these problems. The market for menopausal therapy substitutes is predicted to grow as more women become aware of the condition.

Key Takeaways:

  • The global menopause treatment market is expected to reach US$1.31 billion by 2034, growing at a CAGR of 5.6% from its 2024 valuation of US$758.5 million.
  • Rising demand for personalized treatment options is a key growth driver, as women seek solutions tailored to their unique menopausal experiences.
  • Increased awareness of menopause and its symptoms is prompting more women to seek treatment, propelling market growth.

Competitive Analysis:

Several menopause treatment providers dominate the competitive landscape, propelling developments and determining the market shift. Renowned pharmaceutical companies such as Eli Lilly and Company, Merck KGaA, Novartis AG, Bayers AG, and Pfizer, Inc. are at the vanguard. These menopause treatment providers’ comprehensive expertise and resources make them essential for market growth.

The prominent menopause treatment vendors comprise Novo Nordisk, Ascend Therapeutics, Mylan N.V. [Viatris], Cipla, Inc., and Glenmark Pharmaceuticals Ltd., each bringing their diverse strengths and product portfolio. Emerging menopause treatment creators like MenoGeniX, Perrigo Pharma International D.A.C., Ausio Pharmaceuticals, LLC, EndoCeutics, Inc., and Radius Health, Inc. bring innovation and modernization to the competitive landscape.

Top Menopause Treatment Providers:

  • Eli Lilly and Company
  • Merck KGaA
  • Novartis AG
  • Bayers AG
  • Pfizer, Inc.
  • Novo Nordisk
  • Ascend Therapeutics
  • Mylan N.V. [Viatris]
  • Cipla, Inc.
  • Glenmark Pharmaceuticals Ltd.
  • MenoGeniX
  • Perrigo Pharma International D.A.C.
  • Ausio Pharmaceuticals, LLC
  • EndoCeutics, Inc.
  • Radius Health, Inc.

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Key Segments

By Product:

  • Hormone Therapy
    • Combination
    • Tibolone
    • Progestin-only Medicines
    • Estrogen-only Medicines
  • Non-Hormonal Therapy
    • Gabapentinoids
    • Serotonin-norepinephrine Reuptake Inhibitors (SNRI)
    • Selective Serotonin Reuptake Inhibitors (SSRI)
    • Others

By Route of Administration:

  • Topical
  • Injectable
  • Oral

By Distribution Channel:

  • Institutional Sales
    • Hospitals
    • Specialty Clinics
  • Retail Sales
    • Retail Pharmacies
    • Drug Stores
    • Supermarkets/ Hypermarkets
  • Online Sales

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

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Last Updated: 08-Jun-2024