泌尿生殖器用薬剤市場 - 成長、傾向、および予測
Genitourinary Drugs Market - Growth, Trends, and Forecast (2019 - 2024)
|発行||Mordor Intelligence LLP||商品コード||871435|
|出版日||ページ情報||英文 113 Pages
|泌尿生殖器用薬剤市場 - 成長、傾向、および予測 Genitourinary Drugs Market - Growth, Trends, and Forecast (2019 - 2024)|
|出版日: 2019年06月01日||ページ情報: 英文 113 Pages||
Rise in the incidence of genitourinary diseases and infections has led to the growth of the genitourinary drugs market globally. Rising disposable incomes and constant improvements in healthcare infrastructure, increase in investments on R&D activities in developing novel molecules for the treatment of genitourinary diseases and increasing number of pipeline drugs are also driving the market in the forecast period. However, an increasing number of counterfeit drugs and lack of awareness about the infections and drugs for the treatment are going to restrain the market for Genitourinary Drugs.
Genitourinary tract agents are medicines, which are used to treat conditions of the reproductive organs and excretory system or urinary tract. The term "genitourinary" actually refers to two different systems. Urinary refers to the system responsible for removal of nitrogenous waste products of metabolism from the bloodstream, disposal of concentrated wastes (urine), and also water conservation. Genito refers to the genital organs and the reproductive system, which is responsible for the production of succeeding generations for the perpetuation of the species. The genitourinary (GU) system may be affected by congenital abnormalities, inflammation, infection, other body systems or diseases of the kidneys.
Urinary Tract Infections to dominate the Global Genitourinary Drugs Market
As there is an increase in the incidence of urinary tract infections, the demand for drugs increases which in turn is driving the global urinary tract infection therapeutics market. Furthermore, the launch of combination drugs, development, and approval of new drugs which are more efficient, and the increasing geriatric population are also expected to boost the growth of the urinary tract infection segment in Global Genitourinary Drugs Market. For instance, in August 2017: FDA approved Vabomere for adults. Vabomere is an antibacterial drug, which is used for the treatment of complicated urinary tract infections (cUTI) and pyelonephritis (a type of kidney infection caused by specific bacteria). Vabomere contains meropenem and vaborbactam. December 2017: FDA accepted the review of NDA (New Drug Application) submitted by Achaogen for plazomicin to treat cUTI including pyelonephritis and bloodstream infections (BSI), and has set a target action date under Prescription Drug User Fee Act (PDUFA) for June 2018.
The Asia Pacific is expected to be the fastest growing region
Asia is expected to experience a high growth rate in the genitourinary drugs market in the next few years due to rise in genitourinary disease cases, growing need for improved treatments and therapies of genitourinary diseases, increasing awareness about genitourinary diseases, rise in health care expenditure and developing health care infrastructure in the region. Growing demographics and economies in the developing countries, such as India and China, are expected to lead to the rise of the genitourinary drugs market in the Asia Pacific region.
The global genitourinary drugs market displays high competition among market players. Major market players are investing high capitals on R&D and generating many strategies such as new product launches and developments, geographical expansions, collaborations and acquisitions to strengthen their market position in the global genitourinary drugs market. For instance, in September 2018: TherapeuticsMD, Inc. launched Imvexxy (estradiol vaginal inserts). for treatment of moderate-to-severe dyspareunia. Major Players in global genitourinary drugs market include Bristol-Myers Squibb Co., Eli Lilly and Company, GlaxoSmithKline, Achaogen, Inc., Melinta Therapeutics, Inc, Wellstat Therapeutics Corporation, Allergan, Merck & Co., Inc., Novartis AG, and Pfizer, among others.