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The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
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The market attained a value of about USD 3.3 billion in 2023 driven by the rising prevalence of nocturia across the 8 major markets.
The market is anticipated to grow at a CAGR of 8.3% during the forecast period of 2024-2032, likely to reach a market value of USD 6.6 billion by 2032.
The market demand is driven by heightened patient awareness and rising healthcare expenditure.
One of the significant trends in the market is increased research initiatives aimed at finding innovative treatment solutions to treat nocturia. In April 2023, a trial revealed the potential of Erbium YAG laser treatment to manage overactive bladder, often accompanied by frequent urination and nocturia.
Based on the disease type, the market is segmented into polyuria, nocturnal polyuria, low nocturnal bladder capacity, and mixed nocturia.
Based on the drug type, the market is segmented into anti-cholinergic drugs, desmopressin, antibiotics, anti-spasmodics, and other medications.
Various dosage forms in the market are tablets and nasal sprays.
Distribution channels in the market include hospital pharmacies, drug stores, retail pharmacies, and online pharmacies.
The major regions of the market include the United States, EU-4 (Germany, France, Italy, Spain), the United Kingdom, Japan, and India.
Key players involved in the market are Urigen Pharmaceuticals, Glenmark Pharmaceuticals, AbbVie Inc., Teva Pharmaceuticals, Avadel Pharmaceuticals, Astellas Pharma, Dainippon Sumitomo Pharma, Feering Pharmaceuticals, AA Pharma Inc., and Pfizer Inc.
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