Title: Overactive Bladder Treatment Market
1MarketsandMarkets Presents
- Overactive Bladder Treatment Market
- - Global Forecast to 2022
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2- The global overactive bladder treatment market is
projected to reach USD 4.19 Billion by 2022 from
USD 3.63 Billion in 2017, at a CAGR of 2.9. The
growth of this market is majorly driven by the
increasing geriatric population and consequently
rising prevalence of bladder overactivity,
aggressive marketing strategies by pharma
companies, and the development of new therapies
to treat bladder overactivity. However, the
undesired systemic effects caused by
anticholinergics may hinder the growth of the
market to a certain extent. - Therapy approvals are regulated by various
regional regulatory authorities. The changing
regulatory scenario favoring overactive bladder
treatments in a number of countries, such as the
U.K. and Japan, will offer significant growth
opportunities for market players. For example,
the U.K.s National Institutes for Health and
Care Excellence (NICE) reimburses the BOTOX
therapy. In 2007, the Japanese Ministry of
Health, Labour and Welfare (MHLW) launched an
action plan to promote the safe use of generics.
3 http//www.marketsandmarkets.com/Market-Repor
ts/overactive-bladder-treatment-market-219938791.h
tml The report analyzes the overactive bladder
treatment market by pharmacotherapy, disease
type, and region. On the basis of
pharmacotherapy, the anticholinergics segment
accounted for the largest share in 2016, being
the first line of medical treatment on bladder
overactivity. Based on disease type, the
idiopathic overactive bladder treatment segment
accounted for the largest share in 2016. The high
share of this segment can be attributed to its
high prevalence women are more susceptible to
the condition owing to bladder muscle weakness
post pregnancy and menopause.
4- Geographically, the global overactive bladder
treatment market is segmented into the U.S.,
Europe, Asia-Pacific, and the Rest of the World.
In 2016, the U.S. dominated the market and this
is primarily attributed to its well-established
healthcare industry with favorable reimbursement
of overactive bladder treatment, growing
prevalence of the disease with rising age, and
the presence of major players. The Rest of
Asia-Pacific region is expected to witness the
highest CAGR during the forecast period owing to
rising prevalence of bladder overactivity,
increasing geriatric population, rising
healthcare expenditure, and growing awareness on
overactive bladder. - In 2016, Astellas Pharma, Inc. (Japan) and
Pfizer, Inc. (U.S.) dominated the global market.
Some of the other players competing in this
market are Teva Pharmaceutical Industries Limited
(Israel), Allergan, Plc (Ireland), Medtronic plc
(Ireland), Mylan N.V. (U.S.), Endo International
Plc (Ireland), Hisamitsu Pharmaceutical Co., Inc.
(Japan), Sanofi (France), Aurobindo Pharma
Limited (India), Apotex, Inc. (Canada), and
Cogentix Medical, Inc. (U.S.).
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