Erectile Dysfunction Drugs Market Outlook, Size, Research Insights, Growth Opportunities, Key Players and Segmentation by 2027

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Erectile Dysfunction Drugs Market Overview

The erectile dysfunction drugs market is expected to reach USD 2930 million during the forecast period. However, the same market is expected to generate the market value at a CAGR of 3.5% in the forecast period.

The global market for erectile dysfunction drugs is boosted by the patent expiration of a number of blockbuster drugs and the increase in the geriatric population. Additionally, the growing number of men suffering from erectile dysfunction disorder is another major growth factor for the global market. Moreover, poor patient adherence to erectile dysfunction medications can provide significant growth opportunities for the major players and manufacturers in the market. Furthermore, the investment is also increasing in research and development activities as new product launches take place which is expected to provide lucrative opportunities for the global erectile dysfunction drugs market.

However, the development of erectile dysfunction drugs market might be hampered due to lack of education, lack of mindfulness, social untouchability, strong strict beliefs and low financial status.

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Erectile Dysfunction Drugs Market Segmentation

According to the Erectile Dysfunction Drugs Market report, the market has been categorized in terms of end users and drugs.

Based on the end-user segment, the erectile dysfunction drugs industry has been segregated into medical clinic pharmacies, retail pharmacies, and online pharmacies. However, the medical clinic pharmacy is expected to increase its market share over the forecast period owing to the expanding patient pool owing to the growth in patient enrollment and mindfulness.

Based on drug segment, erectile dysfunction drugs market has been categorized as enzydena (udenafil), staxyn/Levitra (vardenafil), Cialis (tadalafil), Viagra (sildenafil citrate), vitaros (alprostadil cream) , stendra/spedra (avanafil), and others. Among these, Cialis segment is increasing the demand for erectile dysfunction drugs industry during the forecast period. In general, Cialis has more ability to give an erection for a longer period compared to viagra. Usually, Viagra gives 4-6 hours of erection, while Cialis gives 18 hours of erection.

Regional Analysis of Erectile Dysfunction Drugs Market

Regionally, the erectile dysfunction drugs market has been categorized into different regions such as Americas, Middle East & Africa, Asia-Pacific, Europe, and others.

Among these, the North American erectile dysfunction drugs market is expected to dominate the global market over the forecast period owing to the presence of better healthcare infrastructure, increasing cases of erectile dysfunction and the increase in the geriatric population in the region. According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) 2021 report, nearly 30 million men have gone through erectile dysfunction in the United States. Thus, the increasing prevalence of erectile dysfunction and the highest rate of self-reported erectile dysfunction in the United States is expected to enhance the market growth over the research period.

Erectile Dysfunction Drugs Market Competitive analysis:

Major Key Players of Erectile Dysfunction Drugs Market include

  • Apricus Biosciences Inc.
  • K. Chemicals Co. Ltd.
  • Dong-A Pharmaceutical Co. Ltd.
  • Eli Lilly & Co.
  • Bayer AG
  • Pfizer Inc.

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Industry News

In March 2019, Tadalafil tablets were launched by Dr. Reddy Laboratories. This product has been proposed to treat erectile dysfunction among the American population. It is basically the therapeutic equivalent generic version of Cialis (tadalafil) tablets in 20mg, 10mg, 5mg and 2.5mg.

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