Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 31,926.50 Million | USD 42,297.91 Million | 4.80% | 2021 |
FrequentlyAsked Questions
The main driving factors of the menopausal hot flashes market are the increasing prevalence of menopausal hot flashes, the growing number of new pharmacological approvals for the treatment, and increasing health awareness. Hot flashes are a rapid feeling of heat that mainly affects the chest, neck, and face. Hot flashes are an immediate feeling of warmth that affects the chest, neck, and face. Some key variables driving the strong growth of the menopausal hot flashes market are the frequency of fluctuations in high estrogen levels and impaired musculoskeletal health in women. As a result, healthcare companies are stepping up clinical studies of hormone-free products to meet various needs.
According to a report, the global menopausal hot flashes market was worth 31,926.50 (USD million) in 2021 and is predicted to grow to 42,297.91 (USD Million) by 2028, with a compound annual growth rate (CAGR) of about 4.80 percent.
North America is leading the menopausal hot flashes market due to the growing population of geriatric women with menopausal symptoms in the United States and Canada. This industry is expected to grow to meet the increasing demand for medical treatments during hot flashes. In addition, technical improvements in the production of new pharmaceuticals, increased spending on healthcare and the presence of a well-established healthcare infrastructure all contribute to the market's growth.
Some of the main competitors dominating the global menopausal hot flashes market include Pfizer Inc., Novartis AG, Novo Nordisk A/S, Allergan plc, Teva Pharmaceutical Industries Ltd, Mylan N.V., Hisamitsu Pharmaceutical Co. Inc., Merck & Co. Inc., GlaxoSmithKline plc, TherapeuticsMD Inc.
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