Erectile Dysfunction Drugs Market Size, Share, Growth | Global Report, 2030

[sara James]

The global Erectile Dysfunction Drugs Market size is expected to reach USD 4.90 billion by 2030, expanding at a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing prevalence of erectile dysfunction is expected to contribute to market growth. According to the European Association of Urology, the overall prevalence of ED was found to be around 52% in the European male population aged 40-70 years in 2020. In addition, according to the Boston University School of Medicine, approximately 22.0% of 40 years aged male population and 49.0% by age of 70 years are affected by erectile dysfunction. Thus, the increasing geriatric population is anticipated to increase the prevalence of ED over the forecast period and is expected to create lucrative growth opportunities in the market.

Eli Lilly and Company is supporting ED patients by offering medicine at low cost through Lilly Patient Support Program (LPSP). This program provides financial assistance to eligible ED uninsured patients in Canada who may require registration for this program. Thus, the presence of such supportive programs for a branded version of Cialis may increase the affordability of the lower-income patient population and also aid in generating increased revenue. Moreover, companies have undertaken initiatives such as collaboration and partnership for the manufacturing and commercialization of products in the overseas market. For instance, in January 2022, Petros Pharmaceuticals Inc. partnered with a global Contract Manufacturing Organization (CDMO) for the commercial production of Avanafil tablets. This partnership was formed with an aim to replace the existing agreement with Vivus Inc. and continue product supply.

Furthermore, according to the National Library of Medicine (2021), a phase 3 clinical trial was conducted by Sichuan Haisco Pharmaceutical Co., Ltd. to evaluate the safety and efficacy of Stendra in patients with ED in mainland China. The results of the clinical trial showed improvement in Chinese ED patients after administration of two doses of Stendra 100 mg & 200 mg. Such proven clinical effectiveness may strengthen Strenda’s (Avanafil) position in the market. However, lack of awareness about erectile dysfunction, shame about treatment, false-positive beliefs, social stigma pertaining to the disease, and lack of discretion may restrain the market growth. As per the survey conducted by the European Association of Urology (EAU), only 18% of the Spanish population heard about ED treatment, whereas 68.0% of the population believes the treatment benefits.

List of Key Players in Erectile Dysfunction Drugs Market

• Bayer AG
• Lilly
• GSK plc.
• Petros Pharmaceuticals, Inc.
• Pfizer Inc.
• Teva Pharmaceutical
• Industries Ltd
• Lupin Limited
• Futura Medical
• Cure Pharmaceutical
• 23andMe (Lemonaid Health)
• Hims & Hers Health, Inc.
• Ro
• BlueChew
• GoodRx, Inc.

Related Press Release@ Erectile Dysfunction Drugs Market Report

Erectile Dysfunction Drugs Market Report Highlights

• By product, the viagra segment held the largest market share in 2023 due to the worldwide availability of Viagra and increased awareness about the product among ED patients
• North America dominated the erectile dysfunction drugs market and accounted for a revenue share of 51.3% in 2022, due to the high burden of disease, strong healthcare infrastructure, and rapid approval of new products for treatment in the region.
• Asia Pacific is expected to advance at the fastest CAGR of 10.3% during the forecast period. The growth of the region is attributable to the entry of new products into the region.

Erectile Dysfunction Drugs Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 2.92 billion
Revenue forecast in 2030	USD 4.90 billion
Growth rate	CAGR of 9.0% from 2024 to 2030
Actual data	2018 - 2023
Forecast period	2024 - 2030

 

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Erectile Dysfunction Drugs Market Segmentation

Grand View Research has segmented the global erectile dysfunction drugs market based on product, route of administration, and region:

Erectile Dysfunction Drugs Product Outlook (Revenue, USD Million, 2018 - 2030­)

• Viagra (sildenafil citrate)
• Cialis (Tadalafil)
• Levitra/Staxyn (vardenafil)
• Stendra/Spedra (avanafil)
• Zydena (udenafil)
• Other Drugs

Erectile Dysfunction Drugs Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)

• Oral Mode of Administration
• Injectable Mode of Administration
• Other Modes of Administration

Erectile Dysfunction Drugs Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• • U.S.
  • Canada
  • Mexico
• Europe
• • Germany
  • UK
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
• • China
  • Japan
  • India
  • South Korea
  • Australia
  • Thailand
• Latin America
• • Brazil
  • Argentina
• MEA
• • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

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