The Global Infertility Drugs Industry is on track for a significant expansion, driven by the rising demand for effective fertility treatments. According to a recent analysis by Future Market Insights Inc. (FMI), a leading market research firm, the market is projected to experience a steady Compound Annual Growth Rate (CAGR) of 6.3% from 2023 to 2033. This translates to a projected market valuation of US$6,814.68 million by 2033, reflecting a significant increase from the US$3,699.8 million valuation in 2023.
As infertility concerns continue to rise globally, there has been an unprecedented surge in the demand for cutting-edge infertility drugs. Both men and women are equally affected by infertility, with causes ranging from age-related factors to specific health conditions.
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Key Takeaways from Global Infertility Drugs Industry Study
- The infertility drugs market is expected to record a CAGR of 6.3% over the forecast period.
- According to estimates, the infertility drugs market in North America may remain strong throughout the length of the forecast period.
- The gonadotropins segment dominated the infertility drugs market with a revenue share of 40.1% in 2023 and is expected to grow rapidly.
- The women’s segment dominated the market for infertility drugs in 2023 with a revenue share of 71.3%.
Global Infertility Drugs Industry Competitive Landscape:
Several prominent companies dominate this market, including Ferring Pharmaceuticals Inc., Merck KGaA, Bayer AG, Pfizer Inc., Takeda Pharmaceutical Company Limited, Theramex, Novartis AG., Abbott Laboratories, Bayer AG, Novartis AG, Merck & Co., Inc., Pfizer, Inc., Teva Pharmaceuticals Industries Ltd., Sanofi S.A., Ferring Holdings SA, Organon & Co., Mankind Pharma Ltd., and others.
Sustainable and environmental footprint awareness may drive the choice of active ingredients and materials for the Infertility Drug Market, as well as packaging. By engaging in these activities, manufacturers can expand their product portfolios, expand their geographical reach, and capture a larger share of the market.
In addition to gaining access to the latest markets and advanced technologies, key players can also gain access to new markets by partnering with other companies. In addition, companies can acquire, merge, and diversify their portfolios.
Global Infertility Drugs Industry Segmentation by Category
By Drug Class:
- Gonadotrophins
- Aromatase Inhibitors
- Selective Estrogen Receptor Modulators (SERMs)
- Biguanides
- Other Drug Classes
By End User:
- Male
- Female
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Other Distribution Channels
By Region Outlook:
- North America
- Latin America
- Europe
- The Middle East and Africa
- East Asia
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