Drugs For Erectile Dysfunction Global Market To Reach Value Of Almost $6 Billion In 2025

6 Oct, 2021

The erectile dysfunction (ED) drugs market consists of sales of erectile dysfunction drugs and related services. Erectile dysfunction is the inability to achieve or keep up penile erection in men.

Global Drugs For Erectile Dysfunction Market Size And Drivers:

The global drugs for erectile dysfunction market is expected to grow from $3.76 billion in 2020 to $4.99 billion in 2021 at a compound annual growth rate (CAGR) of 32.7%. The ED drugs market growth 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 ED drugs market is expected to reach $5.97 billion in 2025 at a CAGR of 4.6%. Drastic increase in the number of chronic diseases drives the erectile dysfunction drugs market.

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Trends In The Global Drugs For Erectile Dysfunction Market

New drug delivery techniques such as the use of pellets and creams are being implemented by many companies in the erectile dysfunction drugs market. Pellets and creams will have more efficacy and performance in erectile dysfunction, and these are also more effective and safer to use. These benefits from drug delivery techniques will increase the scope of erectile dysfunction drugs market. For example, in 2019, Futura Medical, an UK based healthcare company, announced the development of a gel product, named MED2005 as a therapeutic treatment for erectile dysfunction.

Global Drugs For Erectile Dysfunction Market Segments:
The global drugs for erectile dysfunction market is further segmented –
By Drugs: Sildenafil Citrate, Mirodenafil, Vardenafil
By End users: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
By Mode of Administration: Oral, Topical, Injections
By Geography: The global erectile dysfunction drugs market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Drugs For Erectile Dysfunction Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides drugs for erectile dysfunction market overviews, analyzes and forecasts market size and growth for the global drugs for erectile dysfunction market, drugs for erectile dysfunction market share, drugs for erectile dysfunction market players, drugs for erectile dysfunction market segments and geographies, drugs for erectile dysfunction market’s leading competitors’ revenues, profiles and market shares. The drugs for erectile dysfunction market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.