Overactive Bladder Treatment Market

SKU: DMPH1214 | Last Updated On: Sep 21 2022 | Available Formats

>Overactive Bladder Treatment Market Expected to reach a high CAGR 3.6% By 2029:

Overactive Bladder Treatment Market is segmented By Treatment Type (Behavioural Intervention, Medication, Bladder Botox Treatment, Nerve Stimulation, Surgery), By Disease Type (Idiopathic Overactive Bladder, Neurogenic Overactive Bladder), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029.

Overactive Bladder Treatment Market is Expected to Reach a CAGR 3.6% during the forecasting period (2022 - 2029). An overactive bladder is a group of urinary syndrome that is characterized by sudden, involuntary contraction of the muscle in the wall of the urinary bladder. This results in an immediate, compelling need to urinate that is difficult to suppress, even though the bladder may only contain a small amount of urine. Other symptoms include nocturia or urinary incontinence. Overactive bladder is a urological condition and not a disease and can be treated by therapies and prescribed drugs. Neurological disorders such as Parkinson’s disease and multiple sclerosis can also cause an overactive bladder. The condition is more prevalent in women than in men, and the prevalence rate is directly proportional to age, i.e., the prevalence rate of the overactive bladder increases with the increase in age.

Overactive Bladder Treatment Market Dynamics

Growth in the geriatric population is boosting the market growth as a rise in age is directly proportional to the rise in prevalence of overactive bladder conditions.

The market is driven by a rise in the prevalence of overactive bladder, growth in the geriatric population, an increase in neurological disorders and obesity, and an increase in R&D by major market players.

According to the United Nations (UN), there were around 962 million people aged 60 years or over in 2017. The number of persons aged 80 years or over is projected to increase more than threefold between 2017 and 2050, rising from 137 million to 425 million. Urinary incontinence and nocturiagenerally increase with aging. The overactive bladder has a significant negative impact on the quality of life and health of the aged population.

Furthermore, prominent key market players and manufacturers are continuously working on new research and development and increasing investments to develop new drugs and therapies such as neuromuscular blocking agents with innovative mechanisms of action. A rise in investment and R&D boosts market growth.

Lack of awareness and unfavorable side effects of some current treatments available are going to restrain the market in the forecast period.

Overactive Bladder Treatment Market Segmentation

Behavioral Intervention is expected to have the largest share in the market due to its high effectiveness and minimal/no side effects.

The global overactive bladder treatment market can be segmented by treatment type as Behavioral Intervention, Medication, Bladder Botox Treatment, Nerve Stimulation, and Surgery, and by disease type as Idiopathic Overactive Bladder and Neurogenic Overactive Bladder.

Based on the treatment type, Behavioral Intervention is expected to account for the largest market share over the period of forecast. Behavioral Intervention includes Education, Lifestyle and dietary modifications, Bladder training, Pelvic floor muscle therapy, and Voiding diaries. Behavioral interventions are the first choice in helping manage an overactive bladder. They are often useful, and they carry no side effects. These various techniques help in eliminating, reducing, and managing the overactive bladder condition.

Medication is expected to grow at the highest pace over the period of forecast. The most common group of drugs used to treat overactive bladder are anticholinergic drugs. These medications work by diminishing the activity of and relaxing the detrusor muscle. Some of the medicines used for the treatment of overactive bladder are Oxybutynin(Ditropan), Tolterodine(Detrol), Solifenacin(VESIcare), Darifenacin(Enablex), and Fesoterodine. Occasionally anti-depressant medications are used for the treatment of overactive bladder.

Overactive Bladder Treatment Market

Metrics

Details

Market CAGR

3.6%

Segments Covered

By Treatment Type, By Disease Type, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

Overactive Bladder Treatment Market Geographical Analysis

Geographically, the global overactive bladder treatment market is divided into North America, Europe, South America, Asia-Pacific, and the Middle East, and Africa.

North America is expected to account for the highest market share of the overactive bladder treatment market during the forecast period. This growth is attributed to the well-established healthcare industry in countries like U.S and Canada, highly favorable reimbursement scenarios by the government for the treatment of overactive bladder conditions, growing prevalence of the disease with rising age, and the presence of major players in the region. According to the American Urological Association, around 30% of men and 40% of women in the US live with overactive bladder conditions.

Overactive Bladder Treatment Market Competitive Analysis

Some of the major key players in the market are Astellas Pharma Inc., Pfizer, Inc., Teva Pharmaceutical Industries Limited, Allergan plc, Mylan N.V., Endo International plc, Hisamitsu Pharmaceutical Co., Inc., Sanofi, Aurobindo Pharma Limited, Johnson & Johnson, Intas Pharmaceuticals Ltd., Apotex Inc., Macleods Pharmaceuticals Ltd., Medtronic plc, Cogentix Medical, Inc., Accord Healthcare Inc., and Alembic Pharmaceuticals Ltd.

Prominent key players are making efforts in launching consumer campaigns that aim to increase the awareness of this disorder among the people. For instance, in 2016, Medtronic plc launched NURO system that delivers percutaneous tibial neuromodulation (PTNM) for the treatment of overactive bladder (OAB) with symptoms of urinary urgency, urinary frequency, and urge incontinence. PTNM, a minimally invasive, periodic, office-based procedure, provides a measurable reduction in urinary frequency and urinary incontinence episodes following treatment without the side effects of medication. The NURO System delivers a gentle electrical pulse to the tibial nerve via an acupuncture-like needle placed in the skin near the ankle that is attached to a neurostimulator.

In November 2018, Hisamitsu Pharmaceutical Co., Inc. announced that it had acquired the approval of manufacturing and marketing permits for OABLOK® PATCH in Taiwan that is a transdermal, overactive bladder treatment patch.

In April 2018, LABORIE Medical Technologies and Cogentix Medical announced the completion of the acquisition of Cogentix Medical LABORIE Medical Technologies, whose product portfolio includes overactive bladder treatment.

Frequently Asked Questions

What is the Projected CAGR value of the Overactive Bladder Treatment Market?

Overactive Bladder Treatment Market is expected to grow at a CAGR of 3.6% during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Overactive Bladder Treatment Market during 2022-2029

Which is the fastest growing region in the Overactive Bladder Treatment Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period

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