The global megestrol market is expected to grow with a significant growth rate during the forecast period. The market growth is driven by the increased FDA approvals to megestrol drugs, rising patients pools in emerging economies, and significant investment by the government in healthcare infrastructure development. Moreover, the funding by the government for breast cancer treatment and awareness programs related to AIDS and its treatment can create significant scope for market growth. For instance, Free breast cancer screening will be provided to 1 lakh women in Goa as part of the ‘Swasth Mahila, Swasth Goa’ initiative, which was launched by former Team India all-rounder and humanitarian Yuvraj Singh’s YouWeCan Foundation in partnership with the state government and SBI foundation. This will ensure that 50% of the state’s age-eligible female population is screened. Free breast cancer screening with the use of ‘iBreast’ devices will be undertaken for 1 lakh women in Goa over the next two years.
Moreover, one of the most successful public health programs in India today is the National AIDS Control Programme (NACP), which is run by the National AIDS Control Organization (NACO) under the Ministry of Health and Family Welfare. The NACP IV was initiated with the goal of consolidating previous accomplishments, speeding up the reversal process, and bolstering India’s response to the pandemic. Its goals are to cut new infections in half from the NACP III baseline of 2007 and provide comprehensive care and support to all people living with HIV/AIDS, and treatment services for those who need it. Such initiatives are projected to drive the market growth during the forecast.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Pfizer Inc., Novartis International AG, Abbott Laboratories, Takeda Chemical Industries, Ltd., Par Pharmaceutical, and others.
Megestrol Market Segmentation
By Type
- Oral Suspension
- Tablet
- Injection
- Others
By Application
- Hospital
- Clinic
- Others
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Actiza Pharmaceutical Pvt. Ltd.
- Akorn Operating Co. LLC
- Apo-Atorvastatin Co. Ltd.
- Breckenridge Pharmaceutical, Inc Subsidiary Towa Pharmaceutical
- Bristol-Myers Co.
- Grand Pharmaceutical Group Ltd.
- GlaxoSmithKline Plc
- Milan or Mylan N.V
- Mayne Nickless acquired by F H Faulding & Co Ltd.
- Nhwa group ltd
- Now Wockhardt Ltd.
- Par Pharmaceutical-(Endo International ltd)
- Qingdao sea biological Pharmaceutical Co., Ltd.
- Sandoz International GmbH
- Twi Pharmaceuticals
- Teva Middle East Pharmaceutical & Chemical Works Co.
- West-ward pharm ltd
- Xi’an Gerui Pharmaceutical Co., Ltd.
- Zhejiang Xianju Pharmaceutical Co.,Ltd.
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