Global Fertility Drugs Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

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.

Global Fertility Drugs Market Size And Drivers:

The global drugs for infertility market is expected to grow from $3.48 billion in 2020 to $3.94 billion in 2021 at a compound annual growth rate (CAGR) of 13.2%. The 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 market is expected to reach $4.83 billion in 2025 at a CAGR of 5%. The growth of the fertility drugs market is driven by the increasing rates of infertility across the globe.

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Trends In The Global Fertility Drugs Market

In 2019, Ferring Pharmaceuticals, a USA based biopharmaceutical company, acquired USA commercialization rights of Ganirelix Acetate Injection from Sun Pharmaceutical Industries Ltd for an amount undisclosed. Through the acquisition, Ferring Pharmaceutical aims to broaden its medicine portfolio targeted towards reproduction. Ganirelix Acetate Injection was approved by FDA in 2018 and is used to regulate premature luteinizing hormone (LH) levels in women undergoing fertility treatment. The Sun Pharmaceutical Industries Ltd is an India based manufacturer and seller of pharmaceutical formulations and active pharmaceutical ingredients.

Global Fertility Drugs Market Segments:
The global fertility drugs market is further segmented –
By Gender: 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 global fertility drugs market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Fertility Drugs Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides fertility drugs market overviews, analyzes and forecasts market size and growth for the global fertility drugs market, fertility drugs market share, fertility drugs market players, fertility drugs market segments and geographies, fertility drugs market’s 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.