Genitourinary Drugs Global Market Is Expected To Grow Close To $82 Billion By 2021 According To TBRC’s Latest Report

The genitourinary drugs market covers drugs that are used in the treatment of diseases such as urinary tract infections, male reproductive diseases, voiding diseases, female reproductive diseases, glomerular disorders, urinary calculi, cystic kidney disease, renovascular diseases, benign prostate diseases, and other related diseases.

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The major reason why the global genitourinary drugs market will increase from $63 billion in 2017 to close to $82 billion by 2021 is growth of genitourinary disorders like chronic kidney disease CKD and the number of pipeline drugs.

In the report, the global genitourinary drugs market is divided into eight segments namely, hormonal contraceptives, drugs for hormonal replacement therapy, drugs for infections and others, drugs for benign prostatic hypertrophy, drugs for erectile dysfunction, drugs for urinary incontinence and overactive bladder, drugs for infertility, and diuretics. While the first and the second segments account for nearly three-fifth of the market share, the remaining share is attributed to the other six segments.

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The USA was the largest country in the genitourinary drugs market in 2017, accounting for around 30% of the market share. This can be attributed to the high prevalence of urinary diseases like chronic kidney diseases, erectile dysfunction and infertility in the country. Moreover, public awareness and expenditure on health care is high in the USA. China and Italy followed the USA as the next largest countries in the market.

The genitourinary drugs market is fragmented with a number of large and small drugs organizations. The top five competitors in the market made up 14% of the total market in 2017. Daiichi Sankyo Company, Limited was the largest competitor of the market, followed by Pfizer Inc. and Bayer AG. Daiichi Sankyo Company is involved in the research, development and marketing of pharmaceutical products for osteoporosis, ulcer treatment, alzheimer’s disease, anti-influenza treatment, hypertension and diabetes. The company is headquartered in Tokyo, Japan and employs 14,670 people.

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