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Sexual Dysfunction and Andropause Lead Strong Growth in Men's Health Drugs
New York August 13, 2003 — The $17 billion world market in pharmaceuticals for men's health is poised to grow rapidly in the next 5 years, according to a new market research study released today by Kalorama Information. The two therapeutic areas that are expected to lead the way are both relatively new segments: sexual dysfunction and male menopause.
According to the study, Men's Health: The World Market for Current and Emerging Drug Therapies, several new product in the field of male sexual dysfunction will be introduced in the next few years, driving nearly 25% annual growth in the segment. The imminent entry into the market of two new competitors to Viagra—Levitra and Cialis—and a host of other therapies nearing commercialization, will make this segment's competition the fiercest.
"We anticipate a flurry of brand bashing in the next few months as these two new products gear up to the hit the U.S. market and Viagra fights to hold its marketing position," notes Steven Heffner, Acquisitions Editor for Kalorama Information. "By 2008, we see at least four companies will be splitting up the market share pie that Pfizer currently has all to itself."
The other area of significant growth in men's health, according to the research, is in the area of therapy for male hormone deficiency. Although the condition sometimes called male menopause, or andropause, is not fully understood, several companies are gearing up to enter the emerging market currently dominated by Solvay's Unimed product, AndroGel.
In addition to these two therapy areas, the study analyzes the world market for drugs in men's cancer, sexually transmitted disease, and urinary conditions, reporting market size and growth through 2008, and predicting market share into the future based on current pipelines and expected approvals.
About Kalorama Information
Kalorama Information, an imprint of MarketResearch.com, supplies the latest in independent market research for the life sciences. For more information, contact Steven Heffner at 212-807-2634 or sheffner@kaloramainformation.com, or visit www.KaloramaInformation.com.
About MarketResearch.com
MarketResearch.com is the leading provider of global market intelligence products and services. With over 50,000 research publications from 350 research publishers, we offer instant online access to the world's most extensive database of expert insights on global industries. Updated daily. For more information, contact Matt Seward at 301-468-3650 x205 or mseward@marketresearch.com, or visit www.MarketResearch.com.
This article courtesy of http://learnmenopause.com.
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