Overview:

In the year 2018, Europe Overactive Bladder Treatment Market was valued at USD 0.93 Billion. By the year 2023, it is expected to reach USD 1.08 Billion at pace of 3.2% CAGR.

Overactive bladder is a urological condition that is related urination problems. The condition is characterized by symptoms of bladder storage, such as change in frequency of urination, urgency, urinary incontinence or nocturia. It is also known as overactive bladder syndrome, although it is not a life-threatening condition. The main cause of this condition is abnormal contraction of the urinary bladder detrusor. In addition to this, overactive bladder can also cause neurological diseases like Parkinson's disease and multiple sclerosis. Some of the generic drugs used for treating overactive bladder disorders are oxybutynin, Flavoxate, and tolterodine. These drugs act as antagonizing cholinergic receptors which provides relief from frequent urination.

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Underlying Causes

The growth for Overactive Bladder Treatment market is driven due to factors like increasing aging population, rising prevalence of chronic diseases like diabetes, and neurological diseases, growing demand for overactive bladder treatment, increasing healthcare expenditure, rising awareness about overactive bladder treatment among people. In addition, rising number of pharmaceutical industries, advancement of technologies in medical sector, and increasing investment for R&D activities is expected to drive the market growth. However, high risk of effects associated with the usage of drugs, and lack of awareness about the condition as well as the treatments are expected to hinder the growth rate for Europe Overactive Bladder Treatment Market during the forecast period.

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Geographic Segmentation:

Based on geography the Europe Overactive Bladder Treatment market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Europe holds the second largest market share in Overactive Bladder Treatment Market during the forecast period.

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Key Players:

Leading companies for Europe Overactive Bladder Treatment market are Pfizer, Allergan Plc, Hisamitsu Pharmaceutical, Johnson & Johnson, Astellas Pharma Inc, Teva Pharmaceutical Industries, Mylan N.V, Sanofi, Aurobindo Pharma Ltd, and Endo International.

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