Nocturia Market
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<strong>Nocturia</strong> <strong>Market</strong> to reach an estimated value of US$ 4.5 Bn by 2025<br />
According to the latest market report published by Persistence <strong>Market</strong> Research, titled “<strong>Nocturia</strong><br />
<strong>Market</strong>: Global Industry Analysis (2012-2016) and Forecast (2017-2026),” the global nocturia<br />
market is expected to expand at a CAGR of 7.5% during the forecast period 2017–2026. In 2017,<br />
the global market was valued at around US$ 2,500 Mn and is estimated to reach a valuation higher<br />
than US$ 4.5 Bn by the end of the forecast period.<br />
On the basis of indication type, the market is segmented into mixed nocturia, low nocturnal bladder<br />
capacity, nocturnal polyuria and global polyuria. The low nocturnal bladder capacity segment is<br />
estimated to be the largest with a high market value and is projected to grow at a significant CAGR<br />
throughout the period of forecast. The nocturnal polyuria segment is projected to be the fastest<br />
growing and is expected to register a CAGR of 7.8% during the forecast period.<br />
Report overview @ https://www.persistencemarketresearch.com/market-research/nocturiamarket.asp<br />
Based on drug type the market is segmented as anticholinergic drugs, desmopressin, antibiotics,<br />
antispasmodic and others. Desmopressin segment is poised to dominate the global market from a<br />
market value perspective. This segment reflected a market share of 31.6% in 2017, however it is<br />
expected to lose BPS by the end of the forecasted year.<br />
Based on distribution channel, the market is segmented into hospital pharmacies, retail pharmacies,<br />
drug stores and online pharmacies. Hospital pharmacies is expected to hold major market share and<br />
registering CAGR of 8.1% in terms of value, over the forecast period owing to the increasing focus<br />
of availability. The online pharmacies segment is expected to gain high traction in the coming years<br />
and is projected to grow at a high CAGR of 8.4% during the period of forecast.<br />
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On the basis of region, the market has been segmented into North America, Latin America, Europe,<br />
Asia-Pacific, and the MEA. North America region led the nocturia market since past years and is<br />
likely to continue to dominate the overall market due to higher awareness and entry of players into<br />
the market by launching different products.<br />
Companies are focusing on collaboration to develop new more effective products. The product type<br />
segment of nocturia will be boosted by its higher response rate and increasing research activities for<br />
R&D leading to inorganic growth.<br />
The global nocturia market is highly fragmented owing to the presence of various companies such<br />
Allergan, Inc., Urigen Pharmaceuticals, Ferring Pharmaceuticals, Glenmark Pharmaceuticals Inc.,<br />
Teva Pharmaceutical Industries Ltd., AA Pharma Inc. and Avadel Pharmaceuticals plc.<br />
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