Transparency

Genitourinary Drugs Market : Overview, Key Trends, Key Players & Worldwide Industry Analysis By 2024

Press Release   •   Jan 03, 2017 12:10 IST

Global Genitourinary Drugs Market: Trends and Opportunities

The report observes that the entry of novel drugs such as Cialis has been a boon in the global market for genitourinary drugs. These drugs are considerably more effective than the drugs used in multiple-drug therapies, and are affordable in cost to for the end-users. Success of Cialis has fueled the development of a number of new biological drugs for the treatment of genitourinary disorders, further propelling the global market for genitourinary drugs market.

For Any Queries Get Solutions With A PDF Sample:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=516

Additionally, the genitourinary drugs market is also expected to gain from increasing incidences of urinary diseases and related illness that are sexually transmitted. Moreover, rising concerns about urinary incontinence and impotency as well as technological advancements in genitourinary devices are anticipated to accentuate the growth of the global genitourinary drugs market over the forecast period. However, the lack of compliance to medication is expected to hamper the overall growth rate of the global market for genitourinary drugs.

Global Genitourinary Drugs Market: Region-wise outlook

North America stood as the most prominent market for genitourinary drugs in 2014. This was a result of factors such as robust healthcare infrastructure, awareness about the growing prevalence of cancer, and technological advancements in manufacturing of genitourinary drugs. Europe currently remains the second largest regional market for genitourinary drugs, however, emerging economies in Asia Pacific are anticipated to register the fastest growth rate during the forecast period. This rapid increase in demand for genitourinary drugs in Asia Pacific is due to increased disposable income (especially among the urban population), adoption of effective medicines and aggressive investment by individual governments towards improving healthcare infrastructure in those countries. The region of Latin America is also expected to experience healthy growth rate in near future.

In order to provide detailed projections, the global market for genitourinary drugs has been segmented on the basis of disease and product. By disease, the market can be segmented into genitourinary cancer, bladder cancer, cervical cancer, ovarian cancer, kidney or renal cancer, and prostate cancer. On the basis of product, the global market for genitourinary drugs is segmented into urologicals, gynaecologicals, sex hormones, and genitourinary anti-infectives. Sex hormones account for the dominant demand due to increasing usage of drugs in the market while the genitourinary anti-infective segment is expected to experience the most robust growth rate over the forecast duration of the report owing to increasing incidences of urinary tract infections.

Genitourinary drugs are used to treat disorders affecting the kidneys, bladder, ureters, and urethra. Since long, patients suffering from disorders and infections related to genitourinary systems have been depending on steroids and immunosuppressants which are chemically synthesized and may reciprocate with some serious side effects such as insomnia, acne, nausea, vomiting, and diarrhea. As a result, patients are now turning to biological drugs that not only cause fewer to no side-effects, but are also more effective in the treatment of genitourinary infections.

The global market for genitourinary drugs is expected to expand at a healthy rate in the near future, more so in developing economies due to growing concerns about urinary incontinence and related illnesses. The U.S. continues to be the most prominent market for genitourinary drugs, followed by Japan as far as the consumption of these drugs is concerned.

View exclusive Global strategic Business report : http://www.transparencymarketresearch.com/genitourinary-drugs-market.html

Some of the key players in the global market for genitourinary drugs include Pfizer, Astellas, Betanis, Botox, Glaxo Wellcome Plc, Anturol, GlaxoSmithKline, Eli Lilly, Bayer AG, Merck KGaA, Abbott Laboratories, Merck & Co., Agouron Pharmaceuticals Inc., Chiron Inc., Bristol-Myers Squibb Co., Connaught Laboratories Inc., Genentech Inc., Hoffman-La Roche Inc., Immunex Corp., Isis Pharmaceuticals, Pharmacia & John Inc., Quadra Logic Technologies Inc., Photofrin, Rhone Poulenc Rorer Inc., Schering Plough Corp., and Leucomax.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact us:

Transparency Market Research

90 State Street,

Suite 700,

Albany

NY - 12207

United States

Tel: +1-518-618-1030

USA - Canada Toll Free 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.