The Global Demand for Endometriosis Drugs is Projected to Reach US$2.6 Billion by 2022
Growing Awareness and Gradual Dissipation
of the Stigma and Taboo Associated With the Condition to Drive the Global Endometriosis
Market, According to a New Report by Global
Industry Analysts, Inc.
GIA
launches comprehensive analysis of industry segments, trends, growth drivers,
market share, size and demand forecasts on the global Endometriosis market. The
global demand for Endometriosis Drugs is projected to reach US$2.6 billion by
2022, driven
by the growing patient and social awareness, understanding and knowledge over
the medical condition and the ensuing dissipation of the stigma associated with
the disease; increased willingness to obtain medical help and the resulting
drastic reduction in delayed diagnosis.
Endometriosis
is one of the most common and under-diagnosed conditions in women due to its
complex symptoms that may overlap with those of other conditions such as
Irritable Bowel Syndrome and also due to gender issues, and myths and
misconceptions about the disease. Endometriosis causes debilitating chronic pain,
infertility, painful intercourse, depression, and amenorrhea; the disease accounts
for significant global economic burden due to lost productivity of affected
women. Endometriosis treatment is mainly dominated by pain medications, such as
Non-Steroidal Anti Inflammatory Drugs (NSAIDs) and hormonal therapies, such as
progestin treatment or contraceptive pills that reduce menstrual cycles.
Abbvie’s Lupron and oral contraceptive pills (mostly by Bayer) have traditionally
been used to treat endometriosis and its symptoms. However, these drugs are present
with side-effects and usually are a stop-gap before surgery. Endometriosis also
features a high rate of recurrence, which necessitates multiple surgeries. Extensive
research is underway to decipher the exact causes of endometriosis, and develop
drugs which offer long-term cure for the condition. Currently, more research
efforts and hopes are focused on non-hormonal therapies for endometriosis.
The
market in the coming years will benefit from the launch of Neurocrine and
Abbvie’s Elagolix, the first oral
GnRH (gonadotropin releasing hormone) antagonist superior to injectable
GnRH agonists. Lupron (leuprolide acetate, by Abbott) is slated to lose its
patent in 2016. This change is expected to be offset by the timely launch of
Elagolix. The oral formulation of Elagolix enables dose administration and
monitoring by the physician and is expected to minimize side-effects associated
with GnRH agonists, such as hormonal flare effects and reduction of bone
mineral density (BMD). Other late-stage pipeline drugs for endometriosis include
Takeda’s TAK-385 (Relugolix), and Bayer’s BAY 98-7196.
As stated by the new
market research report on Endometriosis, the United States represents the largest market
worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 3.4%
over the analysis period, led by large population and unmet therapeutic needs
for endometriosis, increasing awareness about the condition, and increasing
healthcare spending among the growing base of affluent, middle class
population.
Major
players covered in the report include AbbVie Inc., AEterna Zentaris Inc., Astellas
Pharma Inc., AstraZeneca Plc., Bayer HealthCare Pharmaceuticals Inc., Debiopharm
Group, Evotec AG, Kissei Pharmaceutical Co., Ltd., Neurocrine Biosciences Inc.,
ObsEva SA, Pfizer Inc., Repros Therapeutics Inc., Roivant Sciences Limited,
Takeda Pharmaceutical Company Limited, and ValiRx Plc, among others.
The
research report titled "Endometriosis:
A Global Strategic Business Report" announced by Global Industry
Analysts Inc., provides a comprehensive review of market trends, growth drivers,
mergers and acquisitions, and other strategic industry activities of major companies
worldwide. The report provides market estimates and projections for geographic
markets, such as the US, Canada, Japan, Europe (France, Germany, Italy, UK,
Spain, and Rest of Europe), Asia-Pacific, and Rest of World.
Global Industry Analysts, Inc. 6150 Hellyer
Ave., San Jose CA 95138, USA, All Rights Reserved.
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