The 7 major erectile dysfunction markets reached a value of US$ 1.9 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 3.9 Billion by 2034, exhibiting a growth rate (CAGR) of 6.53% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 1.9 Billion |
Market Forecast in 2034
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US$ 3.9 Billion |
Market Growth Rate 2024-2034
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6.53% |
The erectile dysfunction market has been comprehensively analyzed in IMARC's new report titled "Erectile Dysfunction Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Erectile dysfunction (ED), also known as impotence, refers to the inability to achieve or maintain an erection sufficient for sexual intercourse. ED can have both physical and psychological causes, and the condition can profoundly impact the patient's quality of life and relationships. Atherosclerosis and other diseases that affect blood vessels can impede or restrict blood flow to the penis, leading to erectile dysfunction. In neurological disorders (including multiple sclerosis), nerves that provide impulses to the penis can be damaged because of a stroke, diabetes, or other reasons. Psychological causes, such as stress, depression, a lack of brain stimulation, performance anxiety, etc., can contribute to ED by triggering a decrease in libido. Some of the common symptoms of erectile dysfunction are persistent trouble getting an erection, difficulty maintaining an erection, and reduced sexual desire. The diagnosis typically involves a comprehensive medical evaluation, such as a physical exam, blood tests, and a review of the patient's medical history. In some cases, a specialist may perform additional tests, such as a penile ultrasound, to determine the cause of the ailment. Treatment for erectile dysfunction varies depending on the underlying reason but may involve lifestyle modifications, including eating a nutritious diet, exercising regularly, and quitting smoking. Generally, oral medications are adopted to treat ED. In severe cases, penile implants or vacuum pumps may be advised.
The increasing incidences of several physical and psychological disorders, such as cardiovascular diseases, diabetes, high blood pressure, depression, anxiety, use of certain medications, etc., are primarily driving the global erectile dysfunction market. In addition to this, the rising prevalence of numerous lifestyle factors, including smoking, excessive alcohol consumption, substance abuse, etc., which elevate the risk of ED, is also creating a positive outlook for the market. Moreover, the growing awareness towards erectile dysfunction as a medical condition, which is leading to a greater willingness among men to seek treatment, is further augmenting the global market. Besides this, the emerging popularity of intracavernosal injections for treating ED among patients who do not respond to oral medications is acting as a significant growth-inducing factor. Furthermore, the widespread adoption of penile implants, such as inflatable or malleable devices, which can be surgically inserted into the penis to provide a permanent solution to ED, is also propelling the market growth. Apart from this, the increasing prominence of counseling and sex therapies to address any emotional or psychological issues contributing to ED and improve overall sexual function and satisfaction is expected to drive the global erectile dysfunction market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the erectile dysfunction market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for erectile dysfunction and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the erectile dysfunction market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current erectile dysfunction marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Stendra (Avanafil) | VIVUS |
Caverject (Alprostadil) | Pfizer |
Viagra (Sildenafil) | Pfizer |
Cialis (Tadalafil) | Eli Lilly and Company |
Levitra (Vardenafil) | Bayer |
TPN 171H | Vigonvita Life Sciences |
IPED 2015 | Initiator Pharma |
MED3000 | Futura Medical |
Cellgram ED | Pharmicell |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Erectile Dysfunction: Current Treatment Scenario, Marketed Drugs and Emerging Therapies