Ovarian cysts are closed, sac-like structures filled with a liquid or semisolid substance within the ovary. Ovarian cysts are quite common in women who ovulate and the chances for the development of such cysts after menopause are less. However, the formation of ovarian cysts even after menopause is reported. This condition is marked by high risks for ovarian cancer. Most of the ovarian cysts are discovered during a routine pelvic exam. According to a study published in the Journal of Clinical Research in Paediatric Endocrinology in 2017, the frequency of ovarian cysts is about 1.8% in children aged between 5-9 years and 18.8% in those who aged between 10-18 years. Moreover, it is estimated that with the onset of adolescence and increasing age, the frequency of ovarian cysts increases and ranges between 3.8%-31.3%. Such trends in the prevalence of the ovarian cysts are one of the major drivers of the market growth. Moreover, rising healthcare expenditures and increasing awareness about woman health boost the market growth. However, lack of awareness and low per capita healthcare expenditure in the developing countries may restrain the market growth.
The global ovarian cysts market is expected to grow at an approximate CAGR of 8.2% during the forecast period.
Segmentation
The global ovarian cysts market is segmented on the basis of type, diagnosis, treatment, and end users.
On the basis of the type, the market is segmented into functional cysts, non-functional cysts, and others. The functional cysts segment by type is sub-segmented into the follicular cyst, corpus luteum cyst, and others. The non-functional cysts segment by type is sub-segmented into dermoid cysts, cystadenomas, endometriomas, and others.
On the basis of the diagnosis, the market is segmented into imaging, CA-125 blood test, laparoscopy, and others. The imaging segment is sub-segmented into CT scan, MRI, ultrasound, and others.
On the basis of the treatment, the market is segmented into medication, polycystic ovary syndrome (PCOS) drugs, pain relievers, surgery, and others. The pain relievers are sub-segmented into acetaminophen, non-steroidal anti-inflammatory drugs, opioids, and others.
On the basis of the end users, the market is segmented into hospitals & clinics, medical institutes, research organization, and others.
Key players in global ovarian cysts market
Pfizer Inc. (U.S.), Teva Pharmaceutical Industries Ltd. (The Middle East & Africa), Quest Diagnostics Incorporated. (U.S.), Novartis AG (Europe), General Electric Company (Europe), Merck & Co., Inc. (U.S.), Boston Scientific Corporation (U.S.), and Medtronic (U.S)
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