Erectile Dysfunction Market is Expected to Worth Over $4 Billion by 2023


Arizton’s recent market research report on the erectile dysfunction market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The research study segments the market by therapy type (drug therapies and device therapies) and geography (APAC, Europe, Latin America, MEA, and North America) and offers detailed competitive analysis.

The erectile dysfunction market is projected to generate revenue of $4,249.07 million during the forecast period. The wide availability of various conventional oral therapies is propelling the growth of the global erectile dysfunction market. Vendors are also focusing on launching innovative drugs and devices that offer superior safety and efficacy profile to end-users. These innovations will help the players attract more consumers and increase the market share in the erectile dysfunction market during the forecast period.

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The leading three drivers and trends driving the global erectile dysfunction market are discussed below:

Increase in Adoption of Advanced Alternative Modalities

The leading vendors in the erectile dysfunction market are leveraging advance technology to introduce innovative devices with improved and customizable product features. With the help of technology, companies are widening the treatment and disease management options in the erectile dysfunction market. Innovations in technology are increasing the scope of development and widened treatment modalities with advent treatment options including external penile support devices, penile vibrators, and low-intensity extracorporeal shockwave therapies. The introduction of improved penile prosthesis systems with features including kink resistant tubing, rear tip extenders, polypropylene cylinder coating, lock-out valve, tactile pump, and antibiotic-impregnated device components for improved mechanical reliability and durability will propel the growth of the erectile dysfunction market during the forecast period.

Increase in Disease Awareness

The increase in disease awareness is boosting the volume of treatments offered to patients affected by erectile dysfunction in the global market. The improved and unique marketing campaigns launched by the erectile dysfunction drug or device manufacturers will increase the understanding of the disease and encourage more people to seek treatment in the global market. Various government and healthcare organizations are launching campaigns and initiatives to increase awareness of erectile dysfunction and other associated diseases such as prostate cancer. These exclusive marketing efforts and disease awareness campaigns will drive the growth of the erectile dysfunction market over the next few years.

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Advances in ED Drug Formulations

The emergence of oral therapies and topical therapies will predominately propel the demand for ED drugs in the global erectile dysfunction market. The launch of Vitaros in 2013 in Europe was driven by the growth of topical therapies in the global erectile dysfunction market. This product is formulated and combined with a proprietary permeation enhancer, DDAIP.HCL, which directly increases blood flow to the penis, causing an erection. Further, the introduction of topical gel products, which facilitate rapid absorption of various active ingredients will create new opportunities for topical drug formulation vendors in the global erectile dysfunction market.

Bayer AG, Eli Lilly and Company, VIVUS, Inc, Pfizer, Boston Scientific Corporation, and Coloplast A/S are the leading vendors in the erectile dysfunction market.

The complete overview of the latest market research report on the erectile dysfunction market by Arizton is now available.

The report offers a detailed study of major trends, drivers, challenges, and provides the market size and forecast for major geographical regions and key countries.

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