Global Fertility Drugs Market Report 2022 – Market Forecast, Trends And Strategies
20 May, 2022
The global fertility drugs market size is expected to grow from $2.77 billion in 2021 to $2.92 billion in 2022 at a compound annual growth rate (CAGR) of 5.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global fertility drug market size is expected to reach $3.40 billion in 2026 at a CAGR of 3.9%.
What is the Global Fertility Drugs Market?
The fertility drugs market consists of sales of fertility drugs and related services used to aid the production of sperms and eggs in order to promote fertility among men and women. Fertility drugs are the primary treatment for infertility and increase the chances of producing an offspring by stimulating and regulating ovulation in women and increasing the sperm count in men.
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What drives the Global Fertility Drugs Market?
The growth of the fertility drugs market is driven by the increasing rates of infertility across the globe. Infertility is the inability to conceive after trying for 12 consecutive months. Fertility drugs are considered to be the primary treatment to treat infertility in men and women. The rising rates of infertility is attributed to physiological problems, hormone problems, and lifestyle or environmental factors. To treat infertility problems in women, fertility drugs are used to regulate their ovulation cycles thus affecting the sale of fertility drugsHence, the rising cases of infertility across the globe is increasing the demand for fertility drugs, resulting in the growth of fertility drugs market.
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Global Fertility Drugs Market Segments
The global fertility drugs market is segmented:
By Sex: Male, Female
By Route of Administration: Oral, Intravenous, Subcutaneous, Intramuscular
By Type of Drug: Prescription Fertility Drugs, Over-The-Counter Fertility Drugs
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
By Geography: The regions covered in the fertility drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Fertility Drugs Global Market Report 2022 provides market size and growth forecasts for the global fertility drugs market, global fertility drugs market share, fertility drugs market segments and geographies, fertility drugs market competitive landscape including leading competitors’ revenues, profiles and market shares. The fertility drugs market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Fertility Drugs Industry Players include Merck & Co., Ferring Pharmaceuticals, Bayer, Berlex Laboratories Inc., Janssen Pharmaceutical Inc., Pfizer, Novartis AG, Procter & Gamble Pharmaceutical, Zydus Pharma, LIVZON, Abbott, MSD, Sanofi S.A., Eli Lilly and Co., Serono, Inc., Novogyne Pharmaceuticals and Takeda Pharmaceutical co. ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.