Global Atrophic Vaginitis Treatment Market Is Estimated To Witness High Growth Owing To Increasing Awareness About Women’s Health
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Atrophic Vaginitis Treatment Market |
The global Atrophic Vaginitis Treatment Market is estimated to be valued at USD 612.4 million in 2022 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Atrophic vaginitis, also known as vaginal atrophy, is a common condition
characterized by the thinning, drying, and inflammation of the vaginal walls.
It is mostly observed in postmenopausal women due to a decrease in estrogen
levels. The symptoms of atrophic vaginitis include vaginal dryness, itching,
burning, pain during intercourse, and urinary discomfort.
The market for atrophic vaginitis treatment is driven by the increasing
awareness about women's health and the availability of effective treatment
options. The products associated with the market include estrogen replacement
therapy, vaginal moisturizers, and lubricants. These products help in relieving
the symptoms of atrophic vaginitis and improving the quality of life for women
suffering from this condition.
Market Key Trends:
One key trend observed in the atrophic vaginitis treatment market is the
growing preference for non-hormonal treatment options. While estrogen
replacement therapy has been a popular choice for treating atrophic vaginitis,
some women may have contraindications or concerns about hormonal therapies.
This has led to an increased demand for non-hormonal treatment options such as
vaginal moisturizers and lubricants.
For example, TherapeuticsMD Inc. offers a non-hormonal prescription therapy
called Imvexxy, which is a low-dose vaginal estradiol tablet indicated for the
treatment of moderate to severe dyspareunia (pain during intercourse)
associated with menopause.
PEST Analysis:
Political: Government initiatives promoting women's health and increasing
healthcare expenditure for women's reproductive health are expected to create
favorable market conditions.
Economic: The growing disposable income and the increasing healthcare spending
by individuals are driving the demand for atrophic vaginitis treatment.
Social: The rising awareness about women's health and the importance of
addressing menopausal symptoms are contributing to the market growth.
Technological: Advancements in drug delivery systems, such as vaginal rings and
creams, are improving the effectiveness and convenience of atrophic vaginitis
treatment.
Key Takeaways:
- The global
atrophic vaginitis treatment market is expected to witness high growth,
exhibiting a CAGR of 7.5% over the forecast period, due to increasing awareness
about women's health and the availability of effective treatment options.
- North America is anticipated to be the fastest-growing and dominating region
in the market, owing to the high prevalence of atrophic vaginitis in
postmenopausal women and the presence of key market players in the region.
- Key players operating in the global atrophic vaginitis treatment market
include Pfizer Inc., TherapeuticsMD Inc., Allergan plc (AbbVie Inc.), Duchesnay
USA, Novo Nordisk A/S, Merck & Co., Inc., Endoceutics Inc., Bausch Health
Companies Inc., Mylan N.V., and Teva Pharmaceutical Industries Ltd.
In conclusion, the global atrophic vaginitis treatment market is expected to
witness significant growth due to the increasing awareness about women's health
and the availability of effective treatment options. Non-hormonal treatment
options are gaining popularity among women, and technological advancements in
drug delivery systems are further improving the efficacy of treatment. North
America is expected to be the fastest-growing region in the market, and key
players in the market include Pfizer Inc., TherapeuticsMD Inc., and AbbVie
Inc., among others.
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