The Infinium Global Research analyzes the Overactive Bladder Treatment Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global overactive bladder treatment market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of overactive bladder treatment. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the overactive bladder treatment market during the period. The global overactive bladder treatment market is projected to grow at a CAGR of 3.1% over the forecast period of 2019-2025.
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The global overactive bladder treatment market is expected to gain promising growth throughout the forecast period. Growing occurrence of overactive bladder (OAB) along with the growing geriatric population and increasing prevalence of chronic kidney disease (CKD) are the major factors promoting the growth of overactive bladder market. As per the National Association for continence, approximately, 33 million people have an overactive bladder in the USA alone, in 2016.
Additionally, the growing development of innovative intravesical therapies is likely to contribute to market growth. However, low awareness of overactive bladder treatment among developing countries is expected to affect the growth of the overactive bladder treatment market. Furthermore, favorable reimbursements and a number of manufacturers are focusing on research and the development of novel drugs creates favorable growth opportunities for the overactive bladder treatment market.
North America is Dominating the Global Overactive Bladder Treatment Market
Among the regions, the global overactive bladder treatment market is segmented into North America, Europe, Asia-Pacific, and RoW. North America is dominating the global overactive bladder treatment market. The U.S. dominated the market owing to the well-established healthcare industry. The factors such as growing elderly population, growing prevalence of chronic kidney disease (CKD), high incidences of urinary disorders and increasing number of drugs receiving the FDA approval are responsible for the market growth in North America. Europe is expected to hold the second position in the overactive bladder treatment market. This is due to the presence of favorable government policies regarding the development of health care infrastructure in the region.
Asia-Pacific is expected to be the fastest-growing region in this market throughout the forecast period. Additionally, the expansion of pharmaceutical companies and biotech labs in countries such as China and India have a positive impact on the market in the Asia-Pacific region. The growth in the geriatric population coupled with rising per capita health care expenditure is escalating the market in the Asia-Pacific region. The Middle East and Africa are anticipated to experience steady growth in the overactive bladder treatment market over the forecast period.
The report on global overactive bladder treatment market covers segments such as therapy type, and disease type. On the basis of therapy type, the sub-markets include anticholinergic, solifenacin, fesoterodine, oxybutynin, mirabegron, darifenacin, boto, and neurostimulation. On the basis of disease type, the sub-markets include idiopathic bladder overactivity, and neurogenic bladder overactivity.
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The report provides profiles of the companies in the market such as Medtronic plc, Apotex Inc., Intas Biopharmaceuticals, Johnson & Johnson, Aurobindo Pharma Limited, Sanofi S.A., Hisamitsu Pharmaceutical Co., Inc., Endo International plc. Mylan N.V., Allergan plc. and other companies.
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=> Comprehensive analysis of global as well as regional markets of the overactive bladder treatment.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.