The size of the global Infertility Drugs Market was estimated at US$ 3,699.8 million in 2023 and is expected to reach US$ 6,814.68 million by 2033. A CAGR of 6.3% is anticipated for this market over the study period. A rise in the demand for infertility medications is anticipated as a result of the growth in infertility.
Men and women are both equally impacted by infertility. Infertility in women can be brought on by ageing, PCOS, obesity, and miscarriages, among other things. Although erectile dysfunction, poor sperm count, malformed sperm, and other factors might contribute to male infertility. The BGU created a brand-new therapy that lengthens telomeres once more to safeguard cells by promoting telomerase expression.
Market participants are concentrating on providing novel drugs for the treatment of infertility. The first-in-class OXO-001 product candidate, which is currently being developed by a company, is anticipated to improve the attachment of embryos to the inner lining of the uterus by boosting binding strength. In addition, Trisequens, a brand-new fertility medication for women, was just released by Ferring Pharmaceuticals.
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Key Takeaways from Market Study
- The infertility drugs market is expected to record a CAGR of 6.3% over the forecast period.
- According to estimates, the infertility drugs market in North America may remain strong throughout the length of the forecast period.
- The gonadotropins segment dominated the infertility drugs market with a revenue share of 40.1% in 2023 and is expected to grow rapidly.
- The women’s segment dominated the market for infertility drugs in 2023 with a revenue share of 71.3%.
Competitive Landscape:
Several prominent companies dominate this market, including Ferring Pharmaceuticals Inc., Merck KGaA, Bayer AG, Pfizer Inc., Takeda Pharmaceutical Company Limited, Theramex, Novartis AG., Abbott Laboratories, Bayer AG, Novartis AG, Merck & Co., Inc., Pfizer, Inc., Teva Pharmaceuticals Industries Ltd., Sanofi S.A., Ferring Holdings SA, Organon & Co., Mankind Pharma Ltd., and others.
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Sustainable and environmental footprint awareness may drive the choice of active ingredients and materials for the Infertility Drug Market, as well as packaging. By engaging in these activities, manufacturers can expand their product portfolios, expand their geographical reach, and capture a larger share of the market.
In addition to gaining access to the latest markets and advanced technologies, key players can also gain access to new markets by partnering with other companies. In addition, companies can acquire, merge, and diversify their portfolios.
Infertility Drugs Market Segmentation by Category
By Drug Class:
- Gonadotrophins
- Aromatase Inhibitors
- Selective Estrogen Receptor Modulators (SERMs)
- Biguanides
- Other Drug Classes
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By End User:
- Male
- Female
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Other Distribution Channels
By Region Outlook:
- North America
- Latin America
- Europe
- The Middle East and Africa
- East Asia
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Recent Developments:
- Genea Biomedx (Australia) partnered with Hamilton Thorne in 2020 to sell its fertility products in the United States and Canada.
- The Pergoveris Pen is the first pen injector for gonadotropins, which are hormones that play a crucial role in reproduction and fertility. It was introduced to India in August 2021 by Merck, to treat infertility.
- The Fertility Partners, the leading provider of fertility services in Canada, has partnered with Maven Clinic to form a referral network for fertility clinics. Maven’s network helps its members find high-quality fertility care in over 70 countries. The company also launched MavenRx, its new medication service, in February 2020, to help fertility members get their medications more seamlessly.
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