According to the โGenitourinary Drugs Market: Global Opportunity Analysis and Industry Forecast, 2020-2027โ report published by the Allied Market Research, the study presents impending revenue forecast of the industry for the next few years coupled with imminent market trends and opportunities. Moreover, the study also doles out different logical tables and graphs to identify the complexities of the market.
๐๐๐ญ ๐๐ฉ ๐๐จ ๐๐ % ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ, ๐๐ข๐ฅ๐ฅ ๐ญ๐ก๐ ๐๐๐ญ๐ ๐๐๐ญ๐ก ๐จ๐ ๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐๐๐.
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Growth in genital disorders is expected to drive the industry during the forecast period. An increase in the number of pipeline drugs for genitourinary disorders is also expected to fuel the market growth in the coming years. The surge in the number of generics launched by large pharmaceutical companies as well as small and medium-sized drug manufacturers is expected to help the industry generate more revenue in the next few years.
Growth in number of product launches is expected to help the industry flourish during the forecast period. For instance,in November 2019,the FDA approved cefiderocol (FETROJA) in patients of 18 years of age or older who have limited or no alternative treatment options, for complicated urinary tract infections (cUTI), including pyelonephritis, caused by susceptible Gram-negative microorganisms such as Escherichia coli, Klebsiella pneumoniae, Proteus mirabilis, Pseudomonas aeruginosa, and Enterobacter cloacae complex.
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An increase in the number of mergers and acquisitions is expected to help the industry grow in the coming years. For example, in June 2019, AbbVie Inc. agreed to pay $63 billion for rival drugmaker Allergan Plc, the latest merger in an industry where some big companies are willing to pay a hefty premium to address questions about their growth potential. With the merger of these two companies, the product line that includes drugs to treat genitourinary diseases will get more distribution channels and hence will be beneficial for the growth of the market during the forecast period.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ:
- This study presents the analytical depiction of the global genitourinary drugs industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global genitourinary drugs market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global genitourinary drugs market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the genitourinary drugsmarket.
- The report provides a detailed global genitourinary drugs market analysis based on competitive intensity and how the competition will take shape in coming years.
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๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
- Abbott,
- Bristol-Myers Squibb Co.,
- Novartis AG,
- Genentech, Inc.,
- F. Hoffmann-La Roche Ltd,
- Ionis Pharmaceuticals, Inc.,
- Eli Lilly and Company,
- Merck & Co., Inc.,
- Pfizer, Inc.
- AstraZeneca
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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