The launch of combination products for the treatment
of urinary tract infections is an emerging trend in the genito-urinary disorder
drugs market. Competitors in the market are developing combination drugs to
fight multi-drug resistant bacteria and also expanding indications for existing
drugs for the treatment of genito-urinary disorders. For instance, Merck Sharp &
Dohme Corp. offers ZERBAXA, a combination drug of a novel cephalosporin and a
beta-lactamase inhibitor used for the treatment of complicated urinary tract
infections.
THE BUSINESS RESEARCH COMPANY EXPECTS THE GLOBAL GENITO-URINARY
DRUGS MARKET TO GROW TO $82 BILLION BY 2021
North America was the largest region in the
genito-urinary drugs market in 2017, accounting for less than two-fifth of the
market share. This can be attributed to the robust healthcare infrastructure,
awareness and technological advancements in manufacturing of genitourinary
drugs. Moreover, the prevalence of urinary diseases like chronic kidney
diseases (14% of the US population), women infertility (12% of US population)
etc. is high. Over the past 10 years, erectile dysfunction has almost doubled
due to the increased prevalence of obesity and diabetes which is contributing
to the size of this market.
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The chart below shows the year-on-year growth of the
global genito-urinary drugs market during 2017 – 2021
According to The Business
Research Company’s Consultant, Nitin Gianchandani, the genito-urinary drugs
market witnessed increased mergers and acquisition activity in the past few
years. Companies in the genito-urinary drugs market are acquiring their
competitors to expand geographically and for the research and development of
new products. In November 2014, AstraZeneca collaborated with Cancer Research
UK for the screening of cancer medicine. In December 2014, Pfizer merged with
Wyeth to become one of the top ten drug companies in India by market share.
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Daiichi Sankyo Company, Limited was the largest
competitor with 4.2% of the market, generating revenues of $2.6 billion for the
financial year 2016. Daiichi Sankyo Company’s growth strategy aims to expand
operations and strengthen product portfolio. The company plans to significantly
invest in its locations in New York and Ohio to increase capacity and
flexibility to respond to critical market needs. In China, the company is
achieving coverage by allying with local partners in certain areas. It has also
adopted new product development techniques such as cell therapy.
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, Reno vascular
diseases, benign prostate diseases, and other related diseases.
Genito-Urinary Drugs Global Market Report 2018 is a detailed report giving a unique insight into this
market. The report is priced at $4000 for an individual user. To use across
your office, the price is $6000 and $8000 if you wish to use across a
multinational company.
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