Menstrual Drugs Market to grow by USD 3.61 billion (2024-2028), driven by increased focus on women’s menstrual health education, AI powered report- Technavio
NEW YORK, Sept. 13, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global menstrual drugs market size is estimated to grow by USD 3.61 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 7.75% during the forecast period. Growing emphasis on educating women about menstrual health is driving market growth, with a trend towards increase in popularity of drug therapy. However, increasing popularity of non-drug alternatives poses a challenge. Key market players include AbbVie Inc., Adorefem, Bayer AG, Cipla Inc., Dr Reddys Laboratories Ltd., GlaxoSmithKline Plc, Haleon Plc, Himalaya Wellness Co., Johnson and Johnson Services Inc., Leeford Healthcare Ltd., Mallinckrodt Plc, Maxwellia Ltd., Perrigo Co. Plc, Pfizer Inc., Reckitt Benckiser Group Plc, Sanofi SA, SteriMax Inc., Sumitomo Chemical Co. Ltd., Teva Pharmaceutical Industries Ltd., Walgreens Boots Alliance Inc., and Zydus Lifesciences Ltd..
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Menstrual Drugs Market Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 7.75%
Market growth 2024-2028
USD 3619.4 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
7.31
Regional analysis
North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution
North America at 33%
Key countries
US, China, Germany, India, and UK
Key companies profiled
AbbVie Inc., Adorefem, Bayer AG, Cipla Inc., Dr Reddys Laboratories Ltd., GlaxoSmithKline Plc, Haleon Plc, Himalaya Wellness Co., Johnson and Johnson Services Inc., Leeford Healthcare Ltd., Mallinckrodt Plc, Maxwellia Ltd., Perrigo Co. Plc, Pfizer Inc., Reckitt Benckiser Group Plc, Sanofi SA, SteriMax Inc., Sumitomo Chemical Co. Ltd., Teva Pharmaceutical Industries Ltd., Walgreens Boots Alliance Inc., and Zydus Lifesciences Ltd.
Market Driver
The menstrual drugs market has experienced significant growth due to advancements in medical research and technology. Pharmaceutical companies and research institutions have invested in creating new drug formulations and treatment methods for menstrual conditions. These innovations offer improved efficacy, safety, and patient convenience, making drug-based interventions increasingly popular. For instance, Pfizer Inc. And Myovant Sciences’ Myfembree, a once-daily treatment for endometriosis-related pelvic pain, received US FDA approval in August 2022. This approval introduces a new treatment option for women suffering from endometriosis, addressing the hormonal imbalance causing debilitating pelvic pain. This development is expected to boost the global menstrual drugs market’s expansion.
The Menstrual Drugs Market is experiencing significant growth due to the rising prevalence of Primary Dysmenorrhea and Secondary Dysmenorrhea. Treatment types include Medication, Therapy, Surgery, and Diagnosis using tools like Ultrasound, Laparoscopy, and CT scan. Prescription Medications come in various forms such as Oral, Parenteral, Implants, and Over the Counter. Hospitals, Specialty Clinics, Homecare, and Pharmacies (Hospital, Retail, Online) are key sales channels. Dysmenorrhea affects millions, with heavy patient epidemiology. Pipeline Analysis includes Gene Therapy, Digital Health, and Telemedicine. Side Effects from Combined Oral Contraceptives are a concern. Healthcare Infrastructure focuses on managing Pelvic Pain from Endometriosis and Heavy Menstrual Bleeding. Clinical Trials are in Phase 2. Treatment Duration and Administration methods (Analgesics, Oral, Injectable, Topical) vary. Livia Portable Device is an alternative treatment option.
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Market Challenges
The menstrual drugs market has experienced challenges due to the rising preference for non-drug alternatives among consumers. These alternatives, which include herbal supplements, dietary changes, exercise, acupuncture, yoga, and mindfulness practices, have gained popularity due to concerns about potential side effects and long-term implications of conventional medications. The ease of access to information about non-drug alternatives through online platforms and social media has influenced consumer choices. Pharmaceutical companies producing menstrual drugs face stiff competition from natural health products and dietary supplements, leading them to reevaluate marketing strategies, product development, and research priorities. Regulatory bodies are scrutinizing the safety and efficacy of non-drug alternatives, increasing consumer awareness about risks and benefits. As a result, some individuals opt for non-drug alternatives, negatively impacting the demand for menstrual drugs and hindering market growth.The Menstrual Drugs Market encompasses various segments, including implants, hospitals, specialty clinics, homecare, hospital pharmacies, retail pharmacies, and online pharmacies. The market caters to the needs of women suffering from conditions like dysmenorrhea, endometriosis, pelvic pain, and heavy menstrual bleeding. The pipeline analysis includes gene therapy, digital health, and telemedicine. Challenges include side effects, healthcare infrastructure, and treatment duration. Combined oral contraceptives, hormonal therapy, and analgesics like ibuprofen and naproxen sodium are common treatments. Medical reimbursement, menstrual hygiene, and menstrual cramps are essential aspects of the market. Alternative treatments like Livia Portable Device and SmartWave Technology are gaining popularity. Prostaglandins and non-steroidal anti-inflammatory drugs are administered through oral, injectable, and topical methods. The market includes hospital pharmacies, retail pharmacies, online pharmacies, and drug stores. Clinical trials are in Phase 2 for new treatments. Menstrual Hygiene Day highlights the importance of addressing menstrual health issues.
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Segment Overview
This menstrual drugs market report extensively covers market segmentation by
Type 1.1 Hormonal treatments1.2 Pain relief medications1.3 PMS and PMDD medications1.4 Menstrual regulation drugs1.5 Endometriosis treatmentsRoute Of Administration 2.1 Oral medications2.2 Injectables2.3 Topical applicationsGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)
1.1 Hormonal treatments- The Menstrual Drugs Market refers to the business sector that produces and sells medications used to manage menstrual cycles. These drugs include oral contraceptives, hormone replacement therapy, and menstrual pain relievers. The market size is significant due to the large global population of menstruating women. Companies in this industry focus on research and development to provide effective and safe solutions for menstrual health management. Competition is strong, with major players investing in marketing and distribution strategies to reach consumers. Market growth is driven by increasing awareness and acceptance of menstrual health products, as well as advancements in technology and research.
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Research Analysis
Menstrual cramps, also known as dysmenorrhea, can cause significant pelvic pain and discomfort during menstruation. Primary dysmenorrhea is the most common form, occurring in the absence of underlying conditions, while secondary dysmenorrhea is caused by conditions such as endometriosis or pelvic inflammatory disease. Treatment options for menstrual cramps include various types of medication, therapy, and surgery. Medications for menstrual cramps include prostaglandins, non-steroidal anti-inflammatory drugs (NSAIDs) like ibuprofen and naproxen sodium, and hormonal therapy. These can be administered orally, injectable, or topically. Ultrasound, laparoscopy, and CT scan may be used for diagnosis, while clinical trials are ongoing in Phase 2 for new treatment options. Treatment duration varies depending on the individual and the severity of symptoms. Analgesics are commonly used to manage pain, and over-the-counter medicines are often the first line of treatment for menstrual cramps. Heavy menstrual bleeding may also require specific treatment. It is important to consult a healthcare professional for proper diagnosis and treatment.
Market Research Overview
Menstrual drugs market refers to the segment of pharmaceuticals dedicated to treating various menstrual disorders, including Primary and Secondary Dysmenorrhea. Primary Dysmenorrhea is characterized by painful menstrual cramps, while Secondary Dysmenorrhea is caused by underlying conditions like Endometriosis or Pelvic Inflammatory Disease. Treatment types range from Medication, Therapy, Surgery, and Diagnosis. Ultrasound, Laparoscopy, and CT scan are common diagnostic methods. Mode of Prescription includes Over the Counter (OTC) and Prescription. Oral and Parenteral are common administration types, with Implants also available. Hospitals, Specialty Clinics, Homecare, Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy are key distribution channels. Dysmenorrhea affects millions worldwide, with an increasing pipeline analysis focusing on Gene Therapy and Digital Health solutions like Telemedicine. Combined Oral Contraceptives, Prostaglandins, Non-steroidal anti-inflammatory drugs (NSAIDs) like Ibuprofen and Naproxen sodium, and Hormonal therapy are common medications. Side effects and Medical Reimbursement are crucial considerations. Menstrual Hygiene is essential, with Menstrual Hygiene Day promoting awareness. Alternative treatments include the Livia Portable Device and SmartWave Technology. Menstrual cramps affect millions, driving the Treatment market.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
TypeHormonal TreatmentsPain Relief MedicationsPMS And PMDD MedicationsMenstrual Regulation DrugsEndometriosis TreatmentsRoute Of AdministrationOral MedicationsInjectablesTopical ApplicationsGeographyNorth AmericaEuropeAsiaRest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
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SOURCE Technavio