Variety of urinary and reproductive problems are some of the complications that Genitourinary drugs can treat. Kidney, bladder, prostate and reproductive organ drugs form an integral part of this dynamic market. This has necessitated the need for genitourinary medicine as urological and reproductive issues rise globally. The expansion of the market is driven by urinary tract infections, erectile dysfunctions, prostatic cancers and kidney diseases.
The Genitourinary Drugs Market is driven by an ageing global population. Older people are at higher risk to genitourinary diseases due to age factor. As such prevalence rates have risen worldwide caused by illnesses including benign prostatic hyperplasia (BPH) among older men in particular. Hence drug companies have been carrying out research on new drugs that can enhance the life quality of these people.
Most common genitourinary conditions include UTIs in women especially.Antibiotics and antimicrobial agents to cure bacterial infections are required more nowadays.Lifestyle changes,psychological issues,and greater awareness about treatment options have supported the market for these medicines used for treating impotence.Contraception and fertility medications also drive up demand.
Medical research plus technology have opened up new frontiers in Genitourinary Drugs Market.Precision medicine is a concept whereby patient-oriented therapies are being developed.Therefore targeted cancer drugs provided by industry for kidneys as well as prostates give evidence on firms’ dedication towards more effective solutions which are unique.The market finds more customers because patients get better results and fewer side effects.
Despite expected growth, the Genitourinary Drugs Market faces challenging regulatory practices as well as pricing limitations.Making new drug requires extensive testing and compliance with rules takes time.Testing must be done during development stage thus time consuming process.Company should also adopt strategies that would enable them remain profitable while providing affordable healthcare because through competition from other players in the market it has become very difficult to recover costs associated with manufacturing these drugs.
North America and Europe have the largest market share in the Genitourinary Drugs Market due to their well established healthcare infrastructure, awareness and spending.However, there is also a huge potential for markets in Asia-Pacific and Latin American emerging economies.Healthcare investments, genitourinary health awareness, and lifestyle-related illnesses drive market growth in these areas.
Report Attribute/Metric | Details |
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Growth Rate | Â Â 3.6% |
The genitourinary medicines market is estimated to be worth USD 72.9 billion by the end of the forecast period, with a CAGR of 3.6% (2023-2032). Damage to the urinal or genital parts of the human body causes genitourinary diseases. The genitourinary system includes the kidney, bladder, ureter, and urethra, and genitourinary medications are used to address medical issues caused by these organs. The rising prevalence of genitourinary illnesses, increased pipeline drug development, and technological innovation in genitourinary diagnostics are projected to fuel market expansion.
According to the National Library of Medicine in the United States, more than 480 clinical studies are planned for the treatment of urinary tract infections. Center for Health Information, Furthermore, increased R&D investment and collaborative methods used by the industry's leading competitors, such as licensing and partnerships, are driving market expansion.
The genitourinary drugs market has been segmented on the basis of disease, product, and end-user.
On the basis of disease, the market has been classified urinary tract infections, erectile dysfunction, urinary incontinence & overactive bladder, kidney/renal cancer, genitourinary cancer, bladder cancer, bladder cancer, cervical cancer, sexually transmitted diseases, interstitial cystitis, hematuria, ovarian cancer, prostate cancer, and others.
The product segment has been divided into urologicals, hormonal therapy, gynecologicals, and anti-infectives.
The market, by end-user, has been segmented into hospitals, clinics, super specialty centers, and others.
The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The genitourinary drugs market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European genitourinary drugs market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The genitourinary drugs market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The genitourinary drugs market in the Middle East & Africa has been segmented into the Middle East and Africa.
The Americas are likely to dominate the genitourinary drugs market owing to the rising prevalence of genitourinary disorders in aging population, increase in the healthcare expenditure, and the presence of a well-established healthcare system. According to the National Kidney Foundation, Urinary tract infections (UTIs) are responsible for nearly 10 million doctor visits each year and approximately 20% women suffer from UTI at least once in a life.
The European market is expected to be the second-largest genitourinary drugs market. The market growth in this region can be attributed to the increasing research and development, rise in number of chronic diseases such as diabetes, and government initiatives for the development of healthcare sector. According to the International Diabetes Foundation, diabetes is major health concern in European region and in 2017, approximately 9.1% of total European population was suffering from diabetes.
Asia-Pacific is expected to be the fastest-growing genitourinary drugs market during the forecast period owing to the increasing geriatric production along with rise in number of genitourinary disorders, rising investments in healthcare and expansions by market players in the region. According to United Nations, Department of Economic and Social Affairs, in 2016, 12.4% of total population in Asian countries was 60 year or older.
The market in the Middle East & Africa is expected to hold the smallest share of the genitourinary drugs market due to lack of technical knowledge, undeveloped healthcare sector, and poor medical facilities.
Company Profiles
Recent Development
November 2023
Pfizer announces positive results from a Phase 3 clinical trial of its investigational drug, PF-06939999, for the treatment of overactive bladder (OAB). The trial showed that PF-06939999 was significantly more effective than placebo in reducing the number of urge urinary incontinence (UUI) episodes and the number of times patients urinate per day.AstraZeneca announces that it has received FDA approval for its drug, Lynparza® (olaparib), for the treatment of patients with metastatic castration-resistant prostate cancer (mCRPC) who have a BRCA1 or BRCA2 mutation. Lynparza® is the first PARP inhibitor to be approved for the treatment of mCRPC with a BRCA1 or BRCA2 mutation.Merck & Co., Inc. announces that it has submitted a New Drug Application (NDA) to the FDA for its investigational drug, KEYTRUDA® (pembrolizumab), for the treatment of patients with locally advanced or unresectable urothelial carcinoma (UC) who have progressed on or following platinum-based chemotherapy. KEYTRUDA® is an immunotherapy drug that targets PD-1, a protein that helps cancer cells evade the immune system.
October 2023
Bristol Myers Squibb Company announces that it has received FDA approval for its drug, Opdivo® (nivolumab), in combination with Yervoy® (ipilimumab), for the treatment of patients with advanced or metastatic renal cell carcinoma (RCC) who have progressed on or following anti-angiogenic therapy. Opdivo® and Yervoy® are immunotherapy drugs that target PD-1 and CTLA-4, respectively.GSK announces that it has received FDA approval for its drug, ViiV Healthcare's Cabenuva®, for the first-time treatment of HIV-1 infection in adults who are virologically suppressed on a stable antiretroviral regimen. Cabenuva® is a long-acting injectable combination of cabotegravir and rilpivirine that is administered once every two months.
September 2023
Johnson & Johnson announces that it has submitted an NDA to the FDA for its investigational drug, Erleada® (apalutamide), for the treatment of patients with non-metastatic castration-resistant prostate cancer (nmCRPC). Erleada® is a nonsteroidal androgen receptor antagonist (AR) inhibitor that is designed to block the growth of prostate cancer cells.Sanofi announces that it has received FDA approval for its drug, Dupixent® (dupilumab), for the treatment of moderate-to-severe atopic dermatitis in adolescent and adult patients who are candidates for systemic therapy. Dupixent® is a biologic drug that targets the IL-4 and IL-13 signaling pathways, which play a role in the inflammation associated with atopic dermatitis.
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