Global Erectile Dysfunction Drugs Market Analysis and Forecast Report 2030
Erectile Dysfunction Drugs Market: Market Segments: By Drug Type (Viagra (sildenafil citrate), Cialis (Tadalafil), Staxyn/Levitra (vardenafil), Stendra/Spedra (avanafil), Zydena (udenafil), Vitaros (Alprostadil Cream) and Others); By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Sales); By Mode of Administration (Oral Medications, Topical Medications , Injections and Others) and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030Product Overview
Inability to maintain and develop an erection for satisfactory sexual intercourse or activity refers to erectile dysfunction. The main causes of erectile dysfunction are high blood pressure, diabetes, high cholesterol, or depression. The symptoms of erectile dysfunction include trouble in maintaining an erection, difficulty in achieving an erection, and a reduced interest in sex. There are many medications available to treat erectile dysfunction which is commonly known as erectile dysfunction drugs.Market Highlights
Global Erectile Dysfunction Drugs Market is expected to project a notable CAGR of XX.X% in 2030.
Global Erectile Dysfunction Drugs Market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of XX.X% in the coming years, i.e., 2021-30. Due to the rising healthcare expenditure on sexual wellness, the demand for erectile dysfunction drugs is experiencing an escalating demand. The development of novel drug formulations is propelling the market growth further.Global Erectile Dysfunction Drugs Market: Segments
Viagra (sildenafil citrate) segment to grow with the highest CAGR during 2021-30
Global Erectile Dysfunction Drugs market is segmented by drugs type into Viagra (sildenafil citrate), Cialis (Tadalafil), Staxyn/Levitra (vardenafil), Stendra/Spedra (avanafil), Zydena (udenafil), Vitaros (Alprostadil Cream), and Others. Viagra (sildenafil citrate), the segment held the largest market share of XX.X% in the year 2020 owing to its large number of sales worldwide over other drugs.Market Dynamics
Increasing adoption of the sedentary lifestyle
The rising adoption of a sedentary lifestyle is resulting in the high growth of obesity, cardiovascular diseases, and diabetes, leading to complications such as erectile dysfunction. Poor lifestyle choices, smoking, alcoholism increases the risk of erectile dysfunction which in turn is boosting the overall growth of the erectile dysfunction drugs market. Besides, the factors such as the rise in the geriatric population and life expectancy are also driving the demand for erectile dysfunction drugs.Restraint
Side effects of drugs on health
The consumption of erectile dysfunction drugs may harm health which is likely to impede market growth. The common side effects include headache, nasal congestion, vision problems, dizziness, and diarrhea. Moreover, patients with cardiovascular disease have more risk as these drugs can cause a drop in blood pressure.
Global Erectile Dysfunction Drugs Market: Key Players
Apricus Biosciences Inc
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Cristalia Dong-A Pharmaceutical Co. Ltd.
Produtos Quimicos Farmaceuticos Ltd.
Eli Lilly and Company
S.K. Chemicals Co. Ltd.
Meda Pharmaceuticals, Inc
Metuchen Pharmaceuticals LLC
Other Prominent Players
Global Erectile Dysfunction Drugs Market: Regions
Global Erectile Dysfunction Drugs Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Erectile Dysfunction Drugs Market in North America held the largest market share of XX.X% in the year 2020. North America will continue to dominate the global Erectile Dysfunction Drugs market owing to rising healthcare expenditure, growing geriatric population, and high life expectancy. Also, increasing consumer awareness and education in the region is anticipated to fuel the growth of the market.