About OAB Treatment
Overactive bladder (OAB) is a syndrome that causes a sudden, involuntary contraction of the muscle in the wall of the urinary bladder. The urge to urinate may be difficult to stop and overactive bladder may lead to the involuntary loss of urine. This syndrome affects both men and women and can significantly impact the quality of life. There are several treatments are available for overactive bladder such as pelvic-muscle strengthening, behavioral therapies, medications, neuromodulation, and surgery.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The overactive bladder treatment market is moderately competitive due to the presence of several players in the market. Some of the key players in the market are AbbVie Inc. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global OAB Treatment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Astellas Pharma, Inc. (Japan), Pfizer, Inc. (United States), Teva Pharmaceutical Industries Limited (Israel), Allergan, Plc (Ireland), Medtronic plc (Ireland), Mylan N.V. (United States), Endo International plc (Ireland), Hisamitsu Pharmaceutical Co., Inc. (Japan) and Sanofi (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Aurobindo Pharma Limited (India), Apotex, Inc. (Canada) and Cogentix Medical, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global OAB Treatment market by Type (Lifestyle Changes, Prescription Medications, Bladder Botox Treatment, Nerve Stimulation and Surgery), Application (Hospitals, Clinics and Others) and Region.
On the basis of geography, the market of OAB Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Disease, the sub-segment i.e. Idiopathic Bladder Overactivity will boost the OAB Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diagnosis, the sub-segment i.e. Medical History will boost the OAB Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in the Field of Medical Science
Market Growth Drivers:
Increased Prevalence of Urinary Tract Diseases and Development of New Diagnostic Centre and Hospitals
Challenges:
Less Awareness about OAB Syndrome
Restraints:
Undesired Systemic Effects of Current OAB Treatments
Opportunities:
Growing Geriatric Population Worldwide and Development of Healthcare Infrastructure in Emerging Economies
Market Leaders and their expansionary development strategies
In January 2020, Astellas Pharma Inc. has announced that it has successfully completed the previously announced acquisition of Audentes Therapeutics, Inc., an AAV-based genetic medicines company focused on developing and commercializing innovative therapies that can offer transformative benefits to patients.
In June 2017 - Astellas Pharma Inc. President and CEO: Yoshihiko Hatanaka, “Astellas”) announced today the submission of a supplemental New Drug Application (sNDA) to the U.S. Food and Drug Administration (FDA) seeking approval for the use of mirabegron in combination with solifenacin succinate 5 mg for the treatment of overactive bladder (OAB) with symptoms of urge urinary incontinence, urgency and urinary frequency.
Key Target Audience
OAB Treatment Providers, Research Professionals, Emerging Companies, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.