How is the Pergoveris Market Poised for Growth: Trends and Opportunities Through 2034
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How has the pergoveris market size evolved in recent years?
In recent years, the market size of pergoveris has experienced a XX (HCAGR). The market is projected to expand from $XX million in 2024 to $XX million in 2025, at a compound annual growth rate (CAGR) of XX%. Factors contributing to this growth during the historic period include an increase in infertility rates, advancement in assisted reproductive technologies, greater awareness of fertility treatments, rising healthcare expenditure, and the delay in pregnancies due to changes in lifestyle.
What are the predictions for the pergoveris market size in the coming years?
The market size of Pergoveris is projected to witness a forecasted compound annual growth rate (FCAGR) of XX% in the impending years, escalating to a value of $XX million by 2029. The growth during the forecast period is driven by technological advancements in fertility medications, a surge in the acceptance of IVF protocols, broader healthcare accessibility in burgeoning markets, an increase in hormonal disorder cases, and burgeoning investments in reproductive health studies. Key trends include the incorporation of personalized medicine, the emergence of blended drug therapies, greater emphasis on patient-orientated treatment schemes, usage of state-of-the-art diagnostic resources for fertility, and the expansion of telemedicine for fertility advice.
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What key factors are fueling the growth of the pergoveris market?
The pergoveris market is projected to see significant growth due to the escalating rates of infertility worldwide. This condition, defined by the inability to conceive, sustain a pregnancy, or bring it to term, is seeing a rising trend. Causes such as postponed childbearing, lifestyle choices, environmental pollutants, and the growing incidence of disorders like polycystic ovary syndrome (PCOS) and endometriosis are contributing to the rise in infertility. Pergoveris provides a solution to infertility by inducing ovarian function through a blend of follicle-stimulating hormone (FSH) and luteinizing hormone (LH), fostering egg development in women severely deficient in gonadotropin. To exemplify, data from the World Health Organization in April 2023, a Switzerland-based intergovernmental body, revealed that about 17.5% of the global adult populace, roughly one in six people, deal with infertility. Consequently, the pervasive nature of infertility positively impacts the growth of the pergoveris market.
How is the global pergoveris market divided into key segments?
The pergoveris market covered in this report is segmented –
1) By Formulation: Injectable Pen, Vial Formulation
2) By Indication: Anovulation, Assisted Reproductive Technology (ART) Procedures
3) By Distribution Channel: Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies
4) By End Use: Hospitals, Clinics, Ambulatory Care, Home Care
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Who are the key firms paving the way for growth in the pergoveris market?
Major companies operating in the pergoveris market include Merck KGaA
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What regions are contributing significantly to the growth of the pergoveris market?
Europe was the largest region in the pergoveris market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pergoveris market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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