Genitourinary Drugs Market expanded due to research in pharmaceuticals and the focus on genitourinary diseases. Some of the medicines in this market are used for urinary and reproductive system problems include infections of urinary tract, erectile dysfunction, prostate problems, STDs among others. The reasons behind the growth of the market are an ageing population, increasing numbers of genitourinary disorders and new drugs.
There is a rise in disease incidence rates especially in old age within Genitourinary Drugs Market. An elderly person is likely to suffer from BPH, urine incontinence or erectile dysfunction. Thus, some companies have specialized their product mix to cater for this segment in order to trigger market development. There has been a heightened understanding and acceptance about g.u health resulting into more diagnoses hence pushing the need for effective medications.
The shift towards personalized medicine and targeted drugs is also occurring in this market. Knowledge about genitourinary diseases’ biological and molecular background has enabled accurate treatment modalities that are very efficient. In order to enhance treatment outcomes while minimizing side-effects pharmaceutical companies have designed medicines targeting specific biochemical pathways. This boom followed the industry’s tilt towards precision medicine that customizes therapy for individual patients.
Some novel therapies like biologics and gene therapies are emerging into genitourinary drug markets. These innovative methods may help treat challenging genitourinary conditions by focusing on molecular causes. With time however, these regulatory frameworks would change with respect to such new medicines leading to possible approval and commercialization of gene therapies as well as biologics opening up treatment options for a wide range of patients.
The global nature of the pharmaceutical industry has made Genitourinary Drugs Market more competitive as well as collaborative. Companies enter new markets by complementing portfolios acquiring through partnerships, licensing agreements or acquisitions developing technologies. This fosters innovation but also enables them work together so that they can develop fast moving newer genitourinary drugs.
Market impediments include stringent rules, patent expirations and pricing pressures. Generics pose competition to established pharmaceuticals requiring a lot of innovation by the drug companies. In this respect some firms are witnessing reduced profit margins resulting from price pressure emanating from demand for cost-effective therapies.
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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