"Designing Growth Strategies is in our DNA"
Erectil dysfunction (ED) is the inability to get or keep an ecrection firm enough to have sexual intercourse. Ocassional ED isn’t uncommon which men experience during the times of stress. However, frequent erectile dysfunction is a sign of health problem and need to be treated. Common casuses of erectile dysfunction are cardiovascular disease, diabetes, hypertension, high cholesterol, stress, etc,. Rising number of cases of erectile dysfunction, sedentary lifestyle and increasing habit of alcoholism and smoking, technological advancemnts in the treatment devices, and frequent product launches and product approvals are some of the factors that are acting as the catalysts for erectile dysfunction treatment market during the forecast period. For instance, in March 2019, VIVUS Inc. announced that the Ministry of Health of the Russian Federation approved the 50 mg, 100 mg, and 200 mg avanafil tablets for tehtreatment of erectile dysfunction.
The erectile dysfunction market is expected to register a significant growth during the forecast period due to factors such rising number of cases of erectile dysfunction, sedentary lifestyle, increasing habit of alcoholism and smoking, and growing number of awareness programs conducted by government. However, high cost of penile implants is one of the major factors anticipated to restrict the growth of erectile dysfunction market.
Key Market Driver -
Rising prevalence of erectile dysfunction, sedentary lifestyle
Key Market Restraint -
High cost of the implantable devices, limited awareness, and hesitation for taking treatment
Globally, the erectile dysfunction market can be segmented on the basis of the treatment type, route of administration, end user, and region. Based on the treatment type, the market can be segmented into drugs, penile implants, penis pumps, and others. Based on drugs, the market can be further segmented into sildenafil, tadalafil, vardenafil, avanafil, and others. Based on end user, the market can be segmented into hospitals & clinics, ambulatory surgery centers, pharmacies, and others. Geographically, the erectile dysfunction market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Some of the major companies that are present in the erectile dysfunction market are Pfizer Inc., Bayer AG, Eli Lilly and Company., Apricus Biosciences, Inc., Mylan N.V., Lupin, GlaxoSmithKline plc., Boston Scientific Corporation, Dr. Reddy’s Laboratories, Sanofi, and other prominent players.
Geographically, the erectile dysfunction market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is projected to account for maximum share of the erectile dysfunction market. The dominance is attributable to the increasing incidence of erectile dysfunction, well developed healthcare sector, and easy availability of treatment devices. For instance, according to article published by The Cleveland Clinic Foundation, in 2018, 617,715 new cases of erectile dysfunction were reported in United States. Europe is anticipated to hold second largest market share in global market. Increasing geriatric population and various product launches by the key market players is likely to spur the market growth in this region. On the other hand, Asia Pacific is expected to register the highest CAGR. Rising demand for drugs such as sildenafil, tadalafil due to growing patient pool of erectile dysfunction is likely to propel the market growth of this region.
The market in Latin America and the Middle East & Africa are in nascent stage. However, growing patient awareness regarding the disease and the drug in these regions are likely to help witness a considerable growth in the market in the upcoming years.
To gain extensive insights into the market, Request for Customization
By Treatment Type
By End User
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- UGlobal hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry