Premenstrual Syndrome Treatment Market 2022-27: Overview, Trends, Growth Scope and Demand
According to the latest report by IMARC Group, titled “Premenstrual Syndrome Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the premenstrual syndrome treatment market trends. The global premenstrual syndrome treatment market size reached US$ 1,287.9 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,622.7 Million by 2027, exhibiting a growth rate (CAGR) of 3.99% during 2022-2027.
Premenstrual syndrome (PMS) refers to a set of emotional, physical, and psychological symptoms that occur in women during the end of the luteal phase. It is caused by the elevated levels of progesterone and estrogen. Some of the common PMS symptoms include mood swings, breast tenderness, bloating, fatigue, anxiety, and body pain. PMS treatment involves various medications that help to increase the levels of serotonin hormone in the body. These treatments include analgesics, antidepressants, nonsteroidal anti-inflammatory drugs (NSAIDs), ovarian suppression agents, and hormonal contraceptives.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The increasing prevalence of PMS and premenstrual dysphoric disorder (PMDD) is primarily driving the market growth. The rising awareness regarding the availability of alternative PMS treatment methods is further catalyzing the market growth. In line with this, pharmaceutical companies are investing in research and development (RD) activities to launch medications with minimal side-effects, which is contributing to the market growth. Additionally, the widespread adoption of plant-based nutritional supplements for PMS relief is presenting numerous growth opportunities to leading players in the market, thus creating a positive outlook for the market.
Breakup by Drug Type:
Analgesics
Antidepressants
Oral Contraceptives and Ovarian Suppression Agents
Others
Breakup by Type:
Prescription
Prescription
Breakup by Distribution Channel:
Hospital Pharmacies
Drug Stores and Retail Pharmacies
Online Stores
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
AbbVie Inc
BASF SE
Bayer AG
Dr. Reddy’s Laboratories Ltd
Eli Lilly and Company
GlaxoSmithKline Plc
H. Lundbeck A/S
Pfizer Inc
SHIONOGI Co. Ltd
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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