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Worldwide
Market for Women’s Pharmaceuticals to Top $63 Billion by 2010
New York, August 3, 2006 —
Unprecedented advancements in the area of women’s health and worldwide
recognition of the importance of addressing conditions that overwhelmingly
affect women, underscore a pharmaceutical coup that by the end of 2010 could see
manufacturing giants partaking in a revenue pot worth nearly $64 billion.
According to
Women’s Health: Worldwide Prescription Drug Markets, a new study released
today from Kalorama Information, 2005 revenues for therapeutics addressing
women’s needs, such as autoimmune diseases, cancer, and menopause, among others,
exceeded $45 billion. Indeed, from 2000 to 2005, the market grew by 10.5%, with
2005 seeing strongest sales in the gynecological infections and STDs segment
realizing almost $12 billion in revenues, 25.9% of the overall market.
Certainly the bright spot on the horizon of women’s health is the recent
approval of a new cervical cancer vaccine, inaugurating a vaccine market
potentially worth several billion dollars a year. The vaccine helps prevent
infection from sexually transmitted strains of human papillomavirus (HPV), which
causes the cancer. Similarly, the emergence of a possible vaccine-type treatment
to prevent AIDS—currently in the testing phase—has shown great promise for women
around the world.
While sales of hormone replacement drugs fell sharply from 2002 to 2004 on the
heels of much publicized reports of the adverse health effects of long term HRT
treatment, sales in most other segments have continued to show positive trends,
according to the report.
“We’re seeing the fruits of 25 years of increased advocacy and public awareness
campaigns focusing on women’s health,” notes Mary Anne Crandall, the report’s
author. “Rapid advances in women-specific drug discovery will not only transform
this market, but continue to grow it as the need for advanced treatments
escalates among the aging female population.”
This 4th Edition of Women’s Health: Worldwide Prescription Drug Markets includes
research and development pipelines; in-depth company profiles; four-region
geographic breakdowns; and market size, growth, and share for the following
product categories: autoimmune diseases; cancer; gynecological and STDs;
hormones; osteoporosis; and urinary disorders. It is available directly from
Kalorama Information at:
http://www.bioportfolio.com/cgi-bin/acatalog/Women_s_Health__Worldwide_Prescription_Drug_Markets.html
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest
in independent market research for the life sciences. To view their catalogue go
to:
http://www.bioportfolio.com/cgi-bin/acatalog/Kalorama.html
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