Global Drugs For Benign Prostatic Hypertrophy Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Drugs For Benign Prostatic Hypertrophy Market Report by The Business Research Company covers drugs for benign prostatic hypertrophy market drivers and restraints, drugs for benign prostatic hypertrophy market size, major players, and the impact of COVID-19 on the drugs for benign prostatic hypertrophy market.
The drugs for benign prostatic hypertrophy market consists of sales of benign prostatic hypertrophy drugs to treat enlarged prostate glands. Benign Prostatic Hypertrophy is commonly seen in men older than age 50.
The rising male geriatric population globally is driving the market for benign prostatic hypertrophy drugs as the condition is commonly seen in men aged over 50 years. The global drugs for benign prostatic hypertrophy market is expected to grow from $4.15 billion in 2020 to $4.79 billion in 2021 at a compound annual growth rate (CAGR) of 15.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.3 billion in 2025 at a CAGR of 7.1%.
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Some benign prostatic hypertrophy drug market trends include combination drugs increasingly being used in the treatment of benign prostatic hypertrophy as they are more effective and help prevent disease progression. A combination drug includes two or more active pharmaceutical ingredients (APIs) combined in a single dosage form. These drugs reduce the development of drug resistance, have fewer side effects and low treatment failure rate. For instance, Duodart, a combination of dutasteride and tamsulosin hydrochloride is increasingly being prescribed for the treatment of benign prostatic hypertrophy.
Global drugs for benign prostatic hypertrophy market segments include:
1) By Type: Alpha Blocker, 5-Alpha Reductase Inhibitor, Phosphodiesterase-5 Inhibitor, Others.
2) By End User: Hospital Pharmacies, Retail Pharmacies, Others.
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Drugs For Benign Prostatic Hypertrophy Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides drugs for benign prostatic hypertrophy market overviews, analyzes and forecasts market size, share, drugs for benign prostatic hypertrophy market players, drugs for benign prostatic hypertrophy market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The drugs for benign prostatic hypertrophy market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Drugs For Benign Prostatic Hypertrophy Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Allergan PLC, Astellas Pharma Inc., Boehringer Ingelheim, Eli Lilly and Company, GlaxoSmithKline PLC, Teva Pharmaceutical Industries Limited, Sanofi, Nymox Pharmaceutical Corporation, AEternaZentaris Inc., Pfizer Inc., GlaxoSmithKline.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Drugs For Benign Prostatic Hypertrophy Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Drugs For Benign Prostatic Hypertrophy Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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