Global Genitourinary Drugs Market Size (2024 - 2029)

Genitourinary Drugs Market Analysis

The genitourinary drugs market is expected to grow at a CAGR of 2.9% during the forecast period.

Initially, COVID-19 impacted the studied market owing to cancellations of elective procedures, including genitourinary tract infection treatments. Also, COVID-19 infection had been reported to worsen the symptoms of people with genitourinary disorders. For instance, according to an article published in the Asian Journal of Urology in July 2021, coronaviruses could cause urological symptoms when they infect the genitourinary system. COVID-19 was responsible for genitourinary organ dysfunction and damage. Patients with COVID-19 were found to have kidney impairment in several studies. Some research studies indicated that COVID-19 infection poses the greatest threat to the respiratory, digestive, and reproductive systems. Therefore, the genitourinary market was significantly impacted by COVID-19 in its initial phase. However, post-pandemic, the market started to recover since the restrictions were lifted and elective procedures resumed worldwide. The market is expected to gain pace during the forecast period owing to rising research and development activities for innovation in genitourinary drugs.

The high burden of genitourinary disorders is expected to create opportunities for market players' product innovation and launches which is expected to propel market growth. For instance, as per the report published by the World Health Organization in November 2021, more than 1.0 million sexually transmitted infections are acquired globally and most of them are asymptomatic. Sexually transmitted infections (STIs) are associated with genitourinary complications which are projected to propel the demand for developing a genitourinary drug for the effective treatment of such diseases, thereby fueling the growth of the market.

Furthermore, the high prevalence of urinary tract infections and urinary incontinence is also contributing to the market growth. For instance, according to a Statpearls article updated in August 2022, it is estimated that around 423 million people (20 years and older) worldwide experience some form of urinary incontinence. The high burden of urinary incontinence globally is expected to propel the market growth.

Additionally, increasing investments in research and developments (R&D) activities for developing novel molecules for treating genitourinary diseases, and an increasing number of pipeline drugs are expected to drive the market during the forecast period. For instance, in February 2022, Asieris Pharmaceuticals received the clinical trial application (CTA) approval for Hexvix, a drug for the diagnosis of bladder cancer, from the National Medical Products Administration (NMPA) of China.

However, increasing counterfeit drugs and a lack of awareness about infections and treatment medications are expected to restrain the genitourinary drug market.

Genitourinary Drugs Industry Segmentation

As per the scope of the report, genitourinary drugs are used to treat disorders affecting the kidneys, bladder, ureters, and urethra. Patients suffering from diseases and infections related to genitourinary systems have been depending on steroids and immunosuppressants, which are chemically synthesized and may reciprocate with severe side effects such as insomnia, acne, nausea, vomiting, and diarrhea. 

The Genitourinary Drugs Market is Segmented by Disease Type (Erectile dysfunction, Gonorrhoea, Genital Herpes, Urinary Tract Infections, Urinary Incontinence, Glomerulonephritis, Chronic renal failure, Other Disease Types), Drug Type (Hormonal Therapy, Impotence Agents, Uterine Relaxants, Urinary Antispasmodics, Urinary pH Modifiers, Uterine Stimulants, Miscellaneous Genitourinary Tract Agents), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major global regions. The report offers the value (USD million) for the above segments.