Enjoy complimentary customisation on priority with our Enterprise License!
The progesterone market share is expected to increase by USD 1.23 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 12.96%.
This progesterone market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers progesterone market segmentations by type (synthetic progesterone and natural progesterone) and geography (North America, Europe, Asia, and Rest of World (ROW)). The progesterone market report also offers information on several market vendors, including AbbVie Inc., Alkem Laboratories Ltd., Aquatic Group, Bionpharma Inc., Blubell Pharma Group, Cadila Pharmaceuticals Ltd., Caesar and Loretz GmbH, Cipla Ltd., Dr. Reddys Laboratories Ltd., Estrellas Life Sciences Pvt. Ltd., Fagron NV, Glenmark Pharmaceuticals Ltd, Hikma Pharmaceuticals Plc, Intas Pharmaceuticals Ltd., Kiama Lifesciences, Lupin Ltd., Organon and Co., PROCAPS S.A, Teva Pharmaceutical Industries Ltd., and Virtus Pharmaceuticals LLC among others.
Download Report Sample to Unlock the Progesterone Market Size for the Forecast Period and Other Important Statistics
The increasing prevalence of breast cancer is notably driving the progesterone market growth, although factors such as stringent regulations may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the progesterone industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Progesterone Market Driver
The increasing prevalence of breast cancer is one of the key drivers supporting the progesterone market growth. The increasing incidence of breast cancer is associated with the growth of the geriatric population. The prevalence of breast cancer among women worldwide is mostly observed in the aging population. Women across the world need to undergo screening to check the signs and symptoms of breast cancer on a regular basis to reduce the mortality rate from the disease. Thus, the rise in the mortality rate due to breast cancer has increased the need and demand for progesterone hormones across the globe, which, in turn, is fueling the growth of the global progesterone market.
Key Progesterone Market Trend
The rise in research and development of progesterone drugs is one of the key progesterone market trends contributing to market growth. Several players are expanding their research into developing new formulations of the existing female infertility drugs due to the significant unmet demand in the global market. For instance, MVT-602 is a drug that targets the kisspeptin system to stimulate reproductive hormones. Kisspeptin hormones have the potential to treat reproductive problems in females. MVT-602 has been injected in 24 women for the research purpose of stimulating the reproductive hormones from the kisspeptin system that may affect fertility. Thus, MVT-602 is effective in treating many reproductive disorders such as PCOS and hypothalamic amenorrhea (HA).
Key Progesterone Market Challenge
Stringent regulations is one of the factors impeding the progesterone market growth. The global market has several approved branded and generic products for the treatment of uterine bleeding and amenorrhea. For instance, an applicant needs to provide all the information about the therapeutic candidate to regulatory bodies in new drug applications (NDA). The information submitted must comprise the results of pre-clinical studies, pharmacodynamic and pharmacokinetic properties of the drug, and the safety profile of the drug in clinical studies. In addition, the applicant needs to provide information related to the dosage form, mechanism of action (MoA) and RoA (Route of administration) of the drug, and others. A drug failing in any of these criteria is likely to receive a complete response letter (CRL) or face total rejection.
This progesterone market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global progesterone market as a part of the pharmaceutical market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the progesterone market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the progesterone market encompasses successful business strategies deployed by the key vendors. The progesterone market is fragmented and the vendors are deploying growth strategies such as offering products that are suitable for end-user requirements to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The progesterone market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the progesterone market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.