Segments - Genitourinary Drugs Market by Indications (Ovarian Cancer, Prostate Cancer, Bladder Cancer, Renal Cancer, Cervical Cancer, Erectile Dysfunction, Urinary, Incontinence & Overactive Bladder, Sexually Transmitted Diseases, Interstitial Cystitis, Urinary Tract Infections, Hematuria, and Benign Prostatic Hyperplasia), Products (Hormonal Therapy, Urologicals, Gynecological, Anti-infectives, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031
The global genitourinary drugs market size was valued at USD 29 Billion in 2022 and is projected to reach USD 32 Billion by 2031, expanding at a CAGR of 1.1% during the forecast period 2023 - 2031. The growth of the market is attributed to the increasing prevalence of genitourinary disorders and increasing number of pipeline drugs.
Genitourinary tract agents are the medicines used to diagnose situations of the excretory system and reproductive organs. These medicines are used to prevent preterm labor, urinary modifiers, and medicines for erectile dysfunction in men.
The rising incidence of genitourinary disorders and rising number of pipeline drugs are expected to enlarge the scope for the market. Currently, the wide range of generics and counterfeit launched by large pharmaceutical companies and medium-sized drug manufacturers are presumed to affect the market.
The vast pipeline drugs with a high chance of clearing medical trials in the future is anticipated to perform the market at a rapid pace. Meanwhile, Nektar Therapeutics collaborated with Bristol-Myers Squibb to analyze the coupled efficacy and Opdivo in treating five tumor types, including bladder cancer in September 2016. Moreover, continual patent expirations during the forecast period are presumed to hamper the growth of this sector.
The report on the global genitourinary drugs market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Genitourinary Drugs Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Indications (Ovarian Cancer, Prostate Cancer, Bladder Cancer, Renal Cancer, Cervical Cancer, Erectile Dysfunction, Urinary, Incontinence & Overactive Bladder, Sexually Transmitted Diseases, Interstitial Cystitis, Urinary Tract Infections, Hematuria, and Benign Prostatic Hyperplasia) and Products (Hormonal Therapy, Urologicals, Gynecological, Anti-infectives, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Astellas Pharma US, Inc.; GlaxoSmithKline plc.; Antares Pharma, Inc.; Allergan plc.; Bayer AG; Eli Lilly and Company; Merck KGaA; Bristol-Myers Squibb Company; Abbott Healthcare; Genentech USA, Inc.; Novartis International AG; Teva Pharmaceutical Industries Ltd.; F. Hoffman-La Roche AG; Astrazeneca Pharma India Ltd; Pfizer Inc.; and Advanz Pharma Corp. |
Based on indications, the global genitourinary drugs market is divided into ovarian cancer, prostate cancer, bladder cancer, renal cancer, cervical cancer, erectile dysfunction, urinary, incontinence & overactive bladder, sexually transmitted diseases, interstitial cystitis, urinary tract infections, hematuria, and benign prostatic hyperplasia.
The prostate cancer segment is expected to grow at a rapid pace during the forecast period owing to wide range of available therapeutic of the particular disease type. However, the hematuria segment is anticipated to expand at a robust growth rate during the forecast period due to large investment on R&D by key market players.
On the basis of products, the market is divided into hormonal therapy, urologicals, gynecological, anti-infectives, and others. The gynecological segment is projected to expand at a considerable CAGR during the forecast period owing to presence of wider product range for reproductive disorders.
Meanwhile, the hormonal therapy segment is attributed to account for a key market share during the projected period due to advancement in technology.
In terms of regions, the global genitourinary drugs market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to constitute a key market share in the coming years due to high prevalence of huge genitourinary diseases in this region.
The market of Asia Pacific, however, is anticipated to exhibit substantial growth during the forecast period owing to continual improvements in healthcare infrastructure and growing awareness among people of these emerging economies in the region.
The global genitourinary drugs market has been segmented on the basis of
Key players competing in the global genitourinary drugs market are Astellas Pharma US, Inc.; GlaxoSmithKline plc; Antares Pharma, Inc.; Allergan plc; Bayer AG; Eli Lilly and Company; Merck KGaA; Bristol-Myers Squibb Company; Abbott Healthcare; Genentech USA, Inc.; Novartis International AG; Teva Pharmaceutical Industries Ltd.; F. Hoffman-La Roche AG; Astrazeneca Pharma India Ltd; Pfizer Inc.; and Advanz Pharma Corp.
The main market players are continuously engaged in various business development strategies such as mergers and acquisitions, research and developments, investments for innovative products and collaborations. Genentech, Inc. received the US FDA approval for its product, Tecentriq to treat patients suffering from bladder cancer in May 2016.