The Global Genitourinary Drugs Market is expected to rise from its initial estimated value of USD 31.18 billion in 2018 to an estimated value of USD 40.74 billion by 2026 registering a CAGR of 3.4% in the forecast period of 2019-2026.
Market Definition: Genitourinary Drugs Market
Genitourinary drugs are applicable in the treatment of various cancers, related to the bladder, kidney, urethra and ureters. Various steroids and immunosuppressants are available which leads the side effects in the treatment of related indications. Various biologics products have been developed to treat the infections of genitourinary with less side effects or no side effect such as darifenacin, fesoterodine, VESIcare, tolterodine and many more. Various genitourinary disorders such as urinary tract infections, polycystic kidney disease, glomerulonephritis, prostate cancer and others enhancing the utilization of genitourinary drugs for the treatment of patients.
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Major Market Drivers & Restraints are as follows:
- Increasing incidences of urinary diseases and related illness that are sexually transmitted.
- Growing concerns about urinary incontinence and impotency
- Increasing advent of counterfeit drugs
- Lack of compliance to medication
Key Market Competitors: Genitourinary Drugs Market
Few of the major competitors are 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.
The report gives the details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. This market report puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. Under competitive analysis section, major key players existing in the market are mentioned along with various details such as company profiles, their market share analysis, and their different strategies which make them thrive in the market.
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Market Segmentation: Genitourinary Drugs Market
- By Disease
- Prostate Cancer
- Ovarian Cancer
- Bladder Cancer
- Cervical Cancer
- Kidney/Renal Cancer
- Genitourinary Cancer
- By Products
- Sex Hormones
- Genitourinary Anti-Infective
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- North America
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The global genitourinary drugs market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of genitourinary drugs market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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