Genitourinary Drugs Market
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Genitourinary Drugs Market size was valued at USD 28.7 billion in 2023 growing at a CAGR of 2.3% between 2024 and 2032. The key factors driving the growth of the market include the increasing prevalence of genitourinary disorders, such as urinary tract infections (UTIs). UTIs are among the most common infections in women, and their high incidence rate is driving the demand for effective anti-infective medications, which boosts market growth.
For instance, according to an article published by the National Institutes of Health, it has been reported that between 24% and 45% of women in the U.S. report urinary incontinence. Women between the ages of 20 and 39 experience some degree of incontinence between 7% and 37%, while women over 60 report daily incontinence between 9% and 39%.
Report Attribute | Details |
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Base Year: | 2023 |
Genitourinary Drugs Market size in 2023: | USD 28.7 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2023 - 2032 CAGR: | 2.3 |
2023 Value Projection: | USD 34.9 Billion |
Historical Data for: | 2021-2023 |
No of Pages: | 215 |
Tables, Charts & Figures: | 347 |
Segments Covered: | Drug Type, Application, Route of Administration, Distribution Channel, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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Additionally, the growing elderly population, particularly in developed countries, leads to a higher prevalence of benign prostatic hyperplasia (BPH), necessitating treatment options like alpha-blockers and hormonal therapies. This trend is anticipated to foster market growth.
Genitourinary tract agents are medications used to treat conditions of the reproductive organs and the excretory or urinary tract. They address a range of issues, including reproductive and urinary tract infections, congenital abnormalities, cancers of the urological and reproductive systems, and sexual dysfunction.
The development of innovative and improved hormonal therapies, offering more effective and safer options, is driving market growth. Recent advancements in oncology, particularly the development of prostate cancer therapeutics, are significantly influencing the market for genitourinary cancer drugs. For instance, in March 2024, Bristol Myers Squibb announced that the U.S. Food and Drug Administration (FDA) approved Opdivo (nivolumab), in combination with cisplatin and gemcitabine, for the first-line treatment of adult patients with unresectable or metastatic urothelial carcinoma (UC). This strategy is expected to enhance the company’s competitive position and market reach. Furthermore, the development and approval of new drugs for genitourinary disorders, such as overactive bladder treatment, are expanding therapeutic options. This expansion is anticipated to contribute to the growth of the market.
Based on the drug type, the market is classified into hormonal therapy, anti-infectives, and other drug types. The hormonal therapy is further bifurcated into androgen, estrogen, and other hormonal therapy. The anti-infective segment is sub-segmented into antibiotics, antifungals, and antivirals. The hormonal therapy segment dominated the market with revenue of USD 13.8 billion in 2023.
Based on the application, the genitourinary drugs market is segmented into urinary tract infections, benign prostatic hyperplasia, prostate cancer, overactive bladder, bladder cancer, and other applications. The urinary tract infections segment dominated the market with market share of 31.2% in 2023.
Based on the route of administration, the global genitourinary drugs market is segmented into oral, parenteral, and topical. The oral segment dominated the market and is expected to reach USD 18.8 billion by 2032.
Based on distribution channel, the genitourinary drugs market is classified into hospital pharmacies, drug store & retail pharmacies, and online pharmacies. The hospital pharmacies segment is expected to exhibit 2.5% CAGR between 2024-2032.
North America genitourinary drugs market is expected to grow at 2.1% CAGR, to reach USD 15.4 billion by the end of 2032.
UK to experience the significant growth rate in the European market.
The Asia Pacific genitourinary drugs market is witnessing substantial growth of 2.7% during the analysis period.
The market is characterized by intense competition among key players striving to expand their market presence. Leading companies are focusing on strategic initiatives such as mergers, acquisitions, and partnerships to strengthen their market position. These efforts aim to enhance their product and service offerings, expand their geographic reach, and invest in advanced technologies. Additionally, the market is witnessing the entry of new players, further intensifying the competitive landscape.
Prominent players operating in the genitourinary drugs industry are as mentioned below:
Market, By Drug Type
Market, By Application
Market, By Route of Administration
Market, By Distribution Channel
The above information is provided for the following regions and countries:
North America genitourinary drugs market is expected to grow at a 2.1% CAGR up to 2032 attributed to advanced healthcare infrastructure, and ongoing R&D activities.
Abbott Laboratories, Allergan, Inc., AstraZeneca Plc, Bayer AG, Bristol-Myers Squibb Co., Eli Lilly and Company, F. Hoffmann-La Roche Ltd., GlaxoSmithKline Plc, Ionis Pharmaceuticals, Inc., Merck & Co., Inc., and Novartis AG
The genitourinary drugs market was valued at USD 28.7 billion in 2023 and will grow at a 2.3% CAGR during 2024-2032 due to the increasing prevalence of genitourinary disorders.
The hormonal therapy segment in the market generated USD 13.8 billion in 2023 owing to the rising incidence of prostate cancer.