The cyclic heavy menstrual bleeding market size is expected to see strong growth in the next few years. It will grow to $54.27 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to growing female population, rising prevalence of obesity, increasing access to healthcare, growing popularity of biosimilars, increasing demand for preventive treatments. Major trends in the forecast period include medical advancements, minimally invasive procedures, nutritional approaches, eco-friendly menstrual products.
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Segmentation & Regional Insights
The cyclic heavy menstrual bleeding market covered in this report is segmented –
1) By Type: Polymenorrhea; Oligomenorrhea; Metrorrhagia
2) By Treatment Type: Medication; Hormonal Therapy; Surgery
3) By Route of Administration: Oral; Parenteral
4) By End-Users: Hospitals; Homecare; Specialty Clinics; Other End-Users
North America was the largest region in the cyclic menstrual bleeding market in 2023. The regions covered in cyclic heavy menstrual bleeding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
Rising cases of uterine fibroids and polyps are expected to propel the growth of the cyclic heavy menstrual bleeding market going forward. Uterine fibroids and uterine polyps are two common types of noncancerous growths that can develop in the uterus (womb) of women. The treatment for uterine fibroids and polyps reduces blood loss, regulates the menstrual cycle, prevents complications and enhances the emotional well-being of patients suffering from menstrual disorders. For instance, in March 2022, according to Frontiers, a Switzerland-based journal, in the United States, a survey was conducted on 1,346 randomly selected women on the incidence of uterine fibroids between 35 and 49 years screened by self-report, found an incidence of uterine fibroids by age 35 of 60% among African-American women, increasing to >80% by age 50, whereas Caucasian women in this study showed an incidence of 40% by age 35 and almost 70% by age 50. Therefore, rising cases of uterine fibroids and polyps drive the cyclic heavy menstrual bleeding market.
Key Industry Players
Major players in the cyclic heavy menstrual bleeding market are Pfizer Inc., Merck and Co. Inc., Novartis AG, Abbott Laboratories, GlaxoSmithKline PLC, Medtronic PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Amgen Inc., Boehringer Ingelheim International GmbH, Reckitt Benckiser Group PLC, Teva Pharmaceutical Industries Ltd., Mylan N.V., Bausch Health Companies Inc., Eisai Co. Ltd., Sun Pharmaceutical Industries Ltd., Perrigo Company PLC, Dr. Reddy’s Laboratories Ltd., Aurobindo Pharma Limited, Cipla Limited, Ferring B.V., Amneal Pharmaceuticals LLC, Zydus Lifesciences Ltd., Lupin Limited, Torrent Pharmaceuticals Ltd.
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