Menopausal Hot Flashes Treatment Market Estimated to Rise at CAGR of 6% from 2019 to 2027, TMR Study
25 Aug 2022
Digitalization in healthcare sector, and resultant increase in adoption of high-tech portable and wearable personal thermostat devices for menopausal women generates new revenue streams in the industry
Increasing preference for non-pharmacological treatment solutions, supplemented by adoption of cognitive behavior therapy by healthcare providers creates new avenues in the menopausal hot flashes treatment market
WILMINGTON, Del., Aug. 25, 2022 /PRNewswire/ -- The products and solutions offered by the leading manufacturers in the menopausal hot flashes treatment market are used to reduce the severity of the temperature dysfunction caused due to changes that happen in gonadal hormones during the period of menopause. The Research study projects that the menopausal hot flashes treatment market is likely to expand at a CAGR of 6 % during the forecast period from 2019 to 2027.
Innovations in the healthcare industry complemented by the increasing introduction of new age and high-tech medical devices, are boosting the growth of the menopausal hot flashes treatment market. Along with this, the rising popularity of alternative treatment solutions, including vitamin E, black cohosh, and herbal medicines, is also favoring the expansion of the market.
The stakeholders in the menopausal hot flashes treatment market are working towards breaking the silence regarding the menopause, and trying to address the stigma surrounding it, by launching social media campaigns to generate awareness regarding the health issues related to menopause. These social media campaigns, targeted towards digitally literate female population, are also aiding the players in promoting their alternative solutions (such as herbal medicines and non-hormonal drugs) for management of menopausal hot flashes.
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Key Findings of Menopausal Hot Flashes Treatment Market Study
Players Developing Treatment Solutions Targeting Thermostat of Brain: Players in the menopausal hot flashes treatment market are making efforts to develop new treatment solutions that can effectively target the thermostat of the brain, in order to reduce the incidence of hot flashes in menopausal women.
Advent of Tech-enabled Medical Devices: Healthcare companies in the landscape of the menopausal hot flashes treatment market are introducing new types of portable, as well as wearable devices that can act as personal thermostats for women going through menopause. This trend, bolstered by the increasing number of tech-savvy female population in late 40s, is creating new avenues for growth in the menopausal hot flashes treatment market.
Increasing Demand for CBT: Hot flashes experienced by women going through menopause also trigger certain supplementary reactions, such as low levels of productivity in professional environments, as well as disturbances in sleep. While the medications and hormonal drugs can reduce the occurrence of hot flashes, there is still the need to address these comorbid mental health issues. To address these, the medical professionals opt for cognitive behavior therapy.
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Menopausal Hot Flashes Treatment Market: Key Drivers
The increase in the number of elderly female population across the world, along with the increasing incidence of women experiencing hot flashes symptoms during the menopause, is the key driver for the growth of the menopausal hot flashes treatment market
The expansion of the menopausal hot flashes treatment market is also supported by a substantial increase in the number of health drives and initiatives, undertaken by a wide number of private, as well as public organizations, for generating awareness regarding women's health
Focus of players in the menopausal hot flashes treatment market on developing new and technologically advanced medical solutions and products that feature alternative route of administration is also generating substantial expansion opportunities
Menopausal Hot Flashes Treatment Market: Key Players
Some of the leading players in the menopausal hot flashes treatment market are Novartis AG, Allergen PLC, Mulan N. V., Merck & Co., Inc., Therapeutics MD, Inc., Pfizer, Inc., Novo Nordisk A/S, Teva Pharmaceutical Industries, Ltd., Hisamitsu Pharmaceutical Co., Inc., and GlaxoSmithKline PLC, among others. Companies in the menopausal hot flashes treatment market are focusing their efforts and investments on extensive research and development activities. Furthermore, leading players in the market are also organizing campaigns and initiatives to address the silence and stigma associated with symptoms of menopause.
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Menopausal Hot Flashes Treatment Market: Segmentation
Menopausal Hot Flashes Treatment Market, by Treatment Type
Hormonal Treatment
Estrogen
Progesterone
Estrogen-Progesterone Combination
Non-hormonal Treatment
Antidepressant
Others
Clonidine
Black Cohosh
Others
Menopausal Hot Flashes Treatment Market, by Distribution
Hospital Pharmacies
Online Pharmacies
Menopausal Hot Flashes Treatment Market, by Region
North America
Europe
Latin America
Middle East & Africa
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