According to the latest report by IMARC Group, titled “Premenstrual Syndrome Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global premenstrual syndrome treatment market size reached US$ 1,346 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,683 Million by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.
Premenstrual syndrome (PMS) treatment represents the therapeutic process utilized for minimizing physical, emotional, and psychological symptoms, such as breast tenderness, body pain, bloating, fatigue, mood fluctuations, and anxiety, in women. It generally involves the use of analgesics, nonsteroidal anti-inflammatory drugs (NSAIDs), antidepressants, diuretics, ovarian suppression agents, hormonal contraceptives, etc. They are commonly available over the counter (OTC) or are prescribed by a doctor. As such, novel PMS treatment drugs, including creams, topical gels, capsules, and suppositories, are manufactured by using cannabidiol extracts for the management of mood imbalances, facilitating muscle relaxation, minimizing uterine cramps, etc.
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Premenstrual Syndrome Treatment Market Trends and Drivers:
The growing prevalence of PMS and premenstrual dysphoric disorder (PMDD), owing to the sedentary lifestyles and hectic schedules of the female working population, is primarily driving the premenstrual syndrome treatment market. Additionally, the rising consumer awareness towards available treatment alternatives for PMS and other related disorders is further catalyzing the market growth. Besides this, leading manufacturers are developing medications that have minimal side effects and help in maintaining the appropriate pH balance in the body, which is acting as another significant growth-inducing factor. Moreover, the widespread adoption of nutritional supplements that are produced by using plant-based sources to provide relief from PMS is positively influencing the global market. Apart from this, these supplements contain the recommended amount of nutrients, such as magnesium, calcium, potassium, proteins, etc., that assist in reducing fatigue and easing anxiety and depression. Furthermore, the development of smartphone applications by healthcare organizations that periodically record emotional and physiological changes occurring in the body and send notification alerts as medication reminders is expected to fuel the premenstrual syndrome treatment market over the forecasted period.
Premenstrual Syndrome Treatment Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- AbbVie Inc.
- BASF SE
- Bayer AG
- Reddy’s Laboratories Ltd
- Eli Lilly and Company.
- GlaxoSmithKline Plc.
- Lundbeck A/S
- Pfizer Inc.
- SHIONOGI & Co. Ltd.
The report has segmented the market on the basis on region, drug type, type, distribution channel.
Breakup by Drug Type:
- Analgesics
- Antidepressants
- Oral Contraceptives and Ovarian Suppression Agents
- Others
Breakup by Type:
- Prescription
- Prescription
Breakup by Distribution Channel:
- Hospital Pharmacies
- Drug Stores and Retail Pharmacies
- Online Stores
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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