June 13, 2024

Atrophic Vaginitis Treatment Market Propelled By Rising Prevalence Rates Globally

The atrophic vaginitis treatment market offers treatment options for atrophic vaginitis which is in trends due to rising occurrence rates attributed to the growing elderly female population worldwide. Atrophic vaginitis or vaginal atrophy is a condition caused by a drop in estrogen levels during or after menopause that results in discomfort during sexual intercourse. Treatment involves prescribing locally administered estrogen or non-hormonal therapies depending on symptom severity to help regain vaginal tissue elasticity and lubrication. The market comprises product segments like creams, tablets, patches, and gels containing hormones like estradiol or non-hormonal ingredients like ospemifene. The Global atrophic vaginitis treatment market is estimated to be valued at US$ 758.4 Bn in 2024 and is expected to exhibit a CAGR of 6.1% over the forecast period 2024 to 2030.

Key Takeaways
Key players operating in the atrophic vaginitis treatment market are United Company RUSAL Plc, Alcoa Inc., Aluminum Corp. of China Ltd., Kaiser Aluminum Corporation, Norsk Hydro ASA, Dubai Aluminum Co., Constellium, Kobe Steel, Ltd., and Aluminum Bahrain B.S.C.

The rising aging female population coupled with the growing prevalence of menopause worldwide has raised the risk of developing atrophic vaginitis to a significant extent over the past few years. This has increased the demand for effective treatment options to help manage the signs and symptoms of the condition.

The major players are expanding their geographical reach through collaborations and mergers with regional players. This allows them to offer innovative therapies to a widening patient base globally. The market offers lucrative opportunities in developing countries due to the larger population of elderly females and preference for symptom management through drug therapies.

Market Key Trends

One of the key trends witnessed in the Atrophic Vaginitis Treatment Market Size is the increasing adoption of non-hormonal therapies. Previously, hormone replacement therapy was considered a standard treatment approach, however, concerns over safety and side effects have compelled pharmaceutical companies to invest in alternative non-hormonal options. Drugs containing parabens, lignans, and ospemifene are capable of restoring vaginal tissue without systemic side effects observed with estrogens. This has positively influenced product development and contributed to the market growth.

Porter’s Analysis
Threat of new entrants: Low capital requirements however established brands and lack of proprietary products pose entry barriers. Bargaining power of buyers: Multiple treatment options available thus buyers can negotiate on price. Bargaining power of suppliers: Established suppliers have pricing power due to specialized ingredients and formulas required. Threat of new substitutes: Alternate therapies and products continuously researched thus new substitutes can emerge. Competitive rivalry: Intense competition among established players to increase market share and using strategies like new product launches, acquisitions and partnerships.

Geographical regions with highest market value

North America accounts for the largest share of the atrophic vaginitis treatment market currently. This is attributed to the developed healthcare infrastructure and awareness about women’s health issues. Availability of private and public reimbursement further aids the widespread adoption of treatments in the region.

Fastest growing region

Asia Pacific region is poised to witness highest growth during the forecast period in the global atrophic vaginitis treatment market. Rapidly developing healthcare infrastructure, rising living standards and growing medical tourism are some factors augmenting the market growth. In addition, large patient pool makes the region highly lucrative for market players for expanding their business.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it