The global synthetic progestin market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the rise in Amenorrhea cases. According to a study done in the US, around 5% of menstruating women experience the disease each year. Along with this, the increasing number of breast cancer cases across the globe is expected to fuel the growth of the market during the forecast period.
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The increasing cases of Amenorrhea that causes various complications such as the absence of menstrual periods, and an increase in cases of infertility rate in women, uterine dying, breast cancer, etc. will drive the global synthetic progestin market during the forecast period. Progestin has shown promising results in reducing breast pain and in the treatment of uterine tumours and other ailments where synthetic progestin is used in the treatment. Increasing funding initiatives in the field of home health care, and infrastructure development in the health care industry across the globe are some of the major factors that are driving the market during the forecast period.
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Various drugs are in the pipeline that are awaiting approval from the US FDA after successful clinical trials in the coming future will further fuel lucrative growth opportunities to the global synthetic progestin market. Some of these drugs include DARE-HRT1, Onapristone, and VOLT02. Some of the key players in the global synthetic progestin market include Alkem Labs, Aquatic Remedies Pvt. Ltd, Biopharma, Blubellpharma, Cadila Pharmaceuticals, Cipla Limited, Estrellas Life Sciences Private Limited, Glenmark Limited, Lupin, Mankind Pharma, Virtus, and many others.
Synthetic Progestin Market – Segmentation
By Product Type
Synthetic Progestin
By Mode of Delivery
Injectable
Suspended Form
Oral
By Application
Menopause
Uterine Bleeding
Contraception
Cancer
Lesions
Synthetic Progestin Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Alkem Labs
Aquatic Remedies Pvt. Ltd
Biopharma
Cadila Pharmaceuticals
Cipla Ltd.
Glenmark Ltd.
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