About Erectile Dysfunction Drugs
The adoption of unhealthier lifestyles, rising geriatric population, as well as the prevalence of chronic diseases, has increased the instances of sexual problems worldwide. Thus, with the increasing adoption about the availability and safety of the Erectile Dysfunction has significantly increased the demand for the same. Erectile Dysfunction (ED) which is also known as impotence is a type of disease which is characterized as the incapability to build or sustain or maintain a penile erection while sexual intercourse. However, many such drugs have various side effects that might hamper the demand for the ED Drugs but with upsurging research and developments in ED, drug development will stabilize and furthermore increase the demand for ED drugs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 6.5% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Players having a strong hold in the market are Apricus Biosciences Inc., Bayer AG, Dong-A Pharmaceutical Co. Ltd., Meda Pharmaceuticals, Inc.. Analyst at AMA Research estimates that American Players will contribute the maximum growth to Global Erectile Dysfunction Drugs market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Apricus Biosciences Inc. (United States), Cristalia Produtos Quimicos Farmaceuticos Ltd. (Brazil), Bayer AG (Germany), Dong-A Pharmaceutical Co. Ltd. (South Korea), Meda Pharmaceuticals, Inc. (United States), Eli Lilly and Company (United States), Pfizer, Inc. (United States) and S.K. Chemicals Co. Ltd. (South Korea) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Vivus, Inc. (United States), Teva Pharmaceutical Industries Ltd. (Israel) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Erectile Dysfunction Drugs market by Type (Existing Drugs and Pipeline Drugs) and Region.
On the basis of geography, the market of Erectile Dysfunction Drugs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Erectile Dysfunction Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pipeline Drugs, the sub-segment i.e. Apomorphine (Uprima) will boost the Erectile Dysfunction Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Existing Drugs, the sub-segment i.e. Sildenafil Citrate (Viagra) will boost the Erectile Dysfunction Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mode of Medication, the sub-segment i.e. Oral Medications will boost the Erectile Dysfunction Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Erectile Dysfunction Drugs with Minimal Side Effects and Introduction to New Drug Types Including Uprima, Topiglan, Melanocortin Activators, Gene Therapy, and Many Others
Market Growth Drivers:
Rising Instances of Chronic Diseases and Increasing Obesity among the global Population and Increasing Adoption of Unhealthier Lifestyles Leading to Increased Instances
Challenges:
Stringent Regulations and Manufacturing Standards in the Pharmaceutical Industry and Minimizing the Side Effects of the Existing Drugs and Increasing Global Availability
Restraints:
Several Side Effects and Risks of the Erectile Dysfunction Drug Consumption and Patent Expiration in Pharmaceutical Industry Minimizes Profitability
Opportunities:
Growing Awareness about the Erectile Dysfunction Drugs and their availability worldwide and Robust Research and Developments for Enhancing Erectile Dysfunction Drugs and Minimizing Side Effects
Market Leaders and their expansionary development strategies
In February 2024, Zuellig Pharma, a leading healthcare solutions company in Asia, has announced that it has completed the acquisition of two brands, Cialis (Tadalafil) and Alimta (Pemetrexed), from Eli Lilly and Company (“Lilly”) for select ASEAN markets, including Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines and Thailand, via its wholly-owned subsidiary, Zanovex Pte. Ltd. (“Zanovex”).
In January 2024, Akums Drugs and Pharmaceuticals, launched an advancement in healthcare the Tamsulosin + Tadalafil Capsule. The new launch drug for enlarged prostate & erectile dysfunction treatment.
The Canadian Food and Drugs Act prohibits the use of promotional activities and direct-to-consumer advertising (DTCA) of prescription drugs due to growing concerns about patients' misunderstanding of a drug's benefits/risks, thereby contributing to potential misuse, specifically increased demand by patients (Findlay 2001) and pressure on physicians (Lurie 2009) to prescribe marketed drugs.
Key Target Audience
Erectile Dysfunction Drug Manufacturers, Erectile Dysfunction Drug Distributors and Traders, Upstream and Downstream Buyers, Pharmaceutical Industry Associations, Government Regulators, Hospitals & Clinics, Research and Development Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.