Global Hormone Replacement Therapy (HRT) Market to Reach US$3.04 Billion by 2017, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) October 06, 2011
Follow us on LinkedIn – Women going through menopause may experience a broad range of symptoms, including night sweats and hot flashes, and these symptoms affect nearly 75% of women aged more than 50 years. Irrespective of the large number of women that experience menopausal symptoms, a major percentage of these women still do not seek treatment. Only 60% of the symptomatic women in the US typically consult a healthcare provider.
Hormone therapy has been the treatment of choice for relief from menopausal symptoms since the 1960s, and proved to be a huge success with prescriptions going up to several millions in the US. However, studies taken up to rule out any confusion with regards to the role of hormone therapies in increasing disease risks brought to light serious safety issues that in turn brought the market to a standstill and led to a drastic decline thereafter. In addition, the widespread media coverage of the study outcomes raised doubts among physicians and women on the safety of hormone therapies. Moreover, the lack of other available alternatives, such as non-hormonal drugs has created a huge need for effective options to address the needs of women experiencing post-menopausal symptoms. Although a number of safer off-label drugs are available, their efficacy is not at par with hormone therapies, and the market remains highly under-served.
Development of low-dose oral alternatives is likely to stabilize the drastic decline in the market that began in 2003 as the oral HRT segment represents the worst hit of all. There is scope for further improvement in the efficacy of these drugs/products and also making them much safer that would drive the market stabilization. Further, novel product releases, specifically transdermal patches, gels, and creams, is expected to promote market growth in the foreseeable future, albeit at a slower pace and to a lesser extent.
The US holds a lion’s share of the global market for Hormone Replacement Therapy, as stated by the new market research report on Hormone Replacement Therapy. Europe represents a distant second, while growth is expected to emanate mainly from the Asia-pacific region, which is forecasted to emerge as the fastest growing market for HRT, with a CAGR of more than 3.0% over the analysis period.
The market for Hormone Replacement Therapy witnessed a major blow in 2002 with the findings of the Women’s Health Initiative and other similar studies thereafter that profoundly affected the number of women willing to take up HRT, and prescribing physicians as well. The reason being systemic absorption of HRT drugs resulting in increased risk of breast cancer, stroke and cardiovascular diseases that outweighed the benefit of lowered risk of hip fracture due to osteoporosis. Systemic absorption is the case with oral HRTs, while transdermal HRTs (patches, gels, creams) although do not assure strictly local absorption, are considered comparatively safer to oral drugs. Development of low-dose oral drugs and locally acting transdermal HRT products with high efficacy has captured the attention of players in the HRT market.
Major players profiled in the report include Bayer HealthCare Pharmaceuticals Inc., Besins Healthcare SA, Hisamitsu Pharmaceutical Co. Inc., Noven Pharmaceuticals Inc., Mylan, Novartis AG, Novo Nordisk A/S, Orion Corp., Pfizer Inc., among others.
The report titled “Hormone Replacement Therapy (HRT): A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of Hormone Replacement Therapy (HRT) for treatment of menopausal symptoms, the approved therapies, pipeline analysis, the industry overview, market trends, product overview, recent industry activity, FDA approvals, recent launches, and profiles of major/niche global market participants. The report provides annual value sales estimates and projections for Hormone Replacement Therapy market for the years 2009 through 2017 for the following geographic regions – US, Canada, Europe, Asia-Pacific, and Rest of World. Also, a six-year (2003-2008) historic analysis is provided for additional perspective.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Hormone_Replacement_Therapy_HRT_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.
Determing the best The change of life Alleviation
It can be more quickly to get Global Hormone Replacement Therapy (HRT) Market to Reach US$3.04 Billion by 2017, According to a New Report by Global Industry Analysts, Inc. the change of life comfort these days than ever before. Shop shelving as well as Internet sites offer a many merchandise promising the change of life alleviation to the change of life worn out. Prior to buying and/or having almost any medicine, Global Hormone Replacement Therapy (HRT) Market to Reach US$3.04 Billion by 2017, According to a New Report by Global Industry Analysts, Inc. whether over-the-counter or recommended, it's a wise idea to learn more about what you can do and turn into educated in what exactly is obtainable.
As a way to come from lookup associated with the menopause reduction treatments, it's a wise decision to make a quantity of the the menopause symptoms. Site map for Global Hormone Replacement Therapy (HRT) Market to Reach US$3.04 Billion by 2017, According to a New Report by Global Industry Analysts, Inc. When you have manufactured your listing, rate every indication to the seriousness along with the influence it really is putting on the day-to-day residing. Distinct prescription drugs as well as levels may deliver different change of life relief Cassie Vault and tend to be used for specific the menopause concerns. It certainly can't would you high quality to consider an organic change of life strategy for being menopausal onset flashes if this isn't really particularly for menopausal flashes. Some females stay away from obtaining the symptoms of the change of life comfort they desire being that they are simply with the drastically wrong prescription medication to deal with situations as a result of the menopause. Another explanation a lot of women do not always be enough change of life comfort is that on their own care providers along with medical doctors are not while knowledgeable on the menopause treatments when they could possibly be. Therefore coming into your physician's business office utilizing a list of symptoms and even perhaps menopause property check results can be quite a huge help in allowing your doctor really know what sort of treatment you really want. If you feel your medical professional isn't that experienced with regards to the change of life and also control over menopause comfort, search around for for starters which can be. Sure, it can be perfectly alright to vary physicians and see an individual that is both current to the newest treatments in addition to one that will certainly treat the whole you rather than simply a symptom or perhaps examination end result.
Make sure you remember you will find a good deal you're able to do all on your own to acquire menopause comfort. Exercising, diet regime, strain management, and also adequate sleep are normal conditions provide significant amounts of the menopause relief. There are also a lot of books in menopause that could give you marketing strategies and techniques pertaining to reducing change of life symptoms. Online community forums and also community forums are a fun way to get help which could supply you with all-important change of life relief. No matter what, never give up. The menopause reduction is quite achievable when you simply stay in look for from the remedy or perhaps treatments that may be successful for you.
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