Erectile Dysfunction Drug Market Size, Share, By Product Type (Viagra (Sildenafil citrate), Cialis (Tadalafil), Stendra/Spedra, Levitra/Staxyn, Zydena (Udenafil), Vitaros (Alprostadil Cream)), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)- Trends, Analysis, and Forecast till 2034

Report Code: PMI90519 | Publish Date: March 2024 | No. of Pages: 186

Global Erectile Dysfunction Drug Market Overview

Erectile Dysfunction Drug Market Size was valued at US$ 3.2 billion in 2024 and is projected to grow at a CAGR of 9.0%to reach US$ 7.4 billion by 2034.

Erectile dysfunction (ED) is a type of sexual dysfunction characterized by the inability to develop or maintain an erection of the penis during sexual activity. Erectile dysfunction or impotence, can have psychological consequences as it can be tied to relationship difficulties and self-image. ED is more common among the geriatric population, and there has been a rise in the demand for ED drugs among this population which has led to an increase in the erectile dysfunction drug market.

The most prevalent risk factor in men is erectile dysfunction, which becomes more common as men age. Men who are older and more aging often have multiple medical conditions known as comorbidities, such as diabetes mellitus, hypertension, cardiovascular disease, chronic obstructive pulmonary disease, and many more. They also regularly consult a clinician for problems with their sexual function, most commonly erectile dysfunction (ED).

The market for erectile dysfunction (ED) medications is driven by a number of factors, such as the growing geriatric population, the adoption of sedentary lifestyles and the stress they cause, and the co-morbidity of diabetes and heart disease with ED. The risk of erectile dysfunction is significantly increased by drunkenness, smoking, and a sedentary lifestyle.

Erectile Dysfunction Drug Market Size

Global Erectile Dysfunction Drug Market Drivers & Restraints

Erectile Dysfunction Drug Market Drivers:   

Growing Geriatric Population

  • Due to growing population use of natural resources has been limited therefore people are choosing artificially modified products resulting lack of nutrition in human body. Also due to increasing population number of cases for erectile dysfunction is increasing. Over the last decade the rate of people with erectile dysfunction has increased due to rising population.

 The Adoption of Sedentary lifestyles

  • Over the century people have adopted an unusual lifestyle which includes lack of sleep, lack of nutrition and no knowledge about future health results this has resulted erectile dysfunction in many men. People have adopted unhealthy habits like smoking which results erectile dysfunction.

Restrains in the Erectile Dysfunction Drug Market:

Social Stigma Associated with Sexual Health Concerns

  • It has been a major restrain since demand of drug depends on the patient and
    the stigma attached to sexual health disorders. Women and men suffer sexual dysfunction in silence, shame, guilt, and ignorance due to the stigma attached to it in many developing countries around the world. Making it more chronic and conditioning it deeper into their minds. They visit quacks and try all kinds of remedies but not science attached to sexual medicine. If only there was adequate sex education in our country a lot many individuals and relationships would be healthier. There is a wide spread of HIV today and our country is amongst the leaders. As a Sexual Medicine specialist, I would like to urge one and all that it's never too late to reach out and get yourself treated at the right hospital with a certified doctor. 

Rise of Prominence and Emergence of Natural Medicine

  • Emergence of natural medicines has affected the erectile dysfunction drug market negatively because majority of people have a believe in natural sources for cure of the disease though they have unfixed side effects and lower shelf life. This has lowered the demand parameter of erectile dysfunction drug market.

Global Erectile Dysfunction Drug Market Segmentations & Regional Insights

Erectile Dysfunction Drug Market is segmented based on based on by Product Type, by Distribution Channel and Region.

Product type Insight

  • Viagra (Sildenafil citrate) - Viagra is a well-known medication used to treat erectile dysfunction (ED). It works by relaxing muscles in the blood vessels, allowing increased blood flow to certain areas of the body, particularly the penis. This has maintained blood flow helps men achieve and sustain an erection when sexually aroused.
  • Cialis (Tadalafil) - Cialis is another medication used to treat ED, but it differs from Viagra in several ways. One key difference is its longer duration of action, with effects lasting up to more than a day. It can be taken at a lower dose for continuous effectiveness or as needed at a higher dose before anticipated sexual activity.
  • Stendra/Spedra-Stendra -Also known as Spedra in some countries is a relatively newer medication for ED. It belongs to the same class of drugs as Viagra and Cialis, known as PDE5 inhibitors. Stendra works by increasing blood flow to the penis during sexual stimulation, helping men achieve and sustain an erection.
  • Levitra/Staxyn-Levitra, also available as Staxyn (an orally disintegrating form), is another PDE5 inhibitor used to treat ED. Levitra works by enhancing blood flow to the penis during sexual stimulation, facilitating the ability to achieve and maintain an erection. It usually starts to work within about 30 minutes and can last for up to five hours. Staxyn, the orally disintegrating form of Levitra, is designed to dissolve quickly on the tongue without the need for water.
  • Zydena (Udenafil) - Zydena is a PDE5 inhibitor similar to Viagra, Cialis, and Levitra but with a slightly different chemical structure. It is used for the treatment of ED and works by improving blood flow to the penis during sexual arousal. Zydena is known for its rapid onset of action, usually within 30-60 minutes after ingestion. Its effects can last for up to 12 hours, making it one of the longer-lasting options among ED medications.
  • Vitaros (Alprostadil Cream) - Vitaros is unique among ED medications because it comes in the form of a cream that is applied directly to the tip of the penis. The active ingredient, alprostadil, is a prostaglandin that helps to increase blood flow to the penis, resulting in an erection.

Distribution Channel Insights

  • Hospital Pharmacies - Hospital pharmacies are integral to the management of prostate cancer therapeutics within healthcare institutions. They are responsible for preparing and dispensing medications prescribed by healthcare providers for inpatients and outpatients undergoing treatment. Hospital pharmacies stock a comprehensive range of oncology drugs, including chemotherapy agents, targeted therapies, and supportive medications used in the treatment of ED.
  • Retail Pharmacies- In the context of Erectile Dysfunction Drugs, retail pharmacies play a crucial role in providing convenience and accessibility to patients for medications such as hormone therapies, supportive care drugs, and over-the-counter supplements
  • Online Pharmacies-: Online pharmacies operate through websites or mobile apps, allowing patients to purchase medications and healthcare products remotely and have them delivered to their doorstep. In the target market, online pharmacies offer convenience, especially for patients who may have mobility issues or live in remote areas.

Regional Insights:

On region the Erectile Dysfunction Drug Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • North America particularly the United States and Canada, is a significant market for ED drug market due to strong regulatory frameworks and increasing investor demand for transparency in sustainability practices. Driving factors like increasing number of patients and awareness has brought improvement in ED drug market.
  • Asia Pacific region is rapidly growing in the Erectile Dysfunction Drug Market due to increasing regulatory developments, investor interest, and corporate sustainability efforts. Countries like Japan, South Korea, and Australia are enhancing their drug material requirements. China is also beginning to emphasize erectile dysfunction related drug market as part of its broader economic growth.
  • Europe is expected to dominate the target market growth and this region is also considered a leader in the Erectile Dysfunction Drug Market, driven by rigorous regulations and a strong cultural emphasis on sexual health and drug intake responsibility.
  • Latin America is emerging as a promising market for Erectile Dysfunction Drug market, driven by increasing awareness and regulatory initiatives. There is a growing awareness of the importance of sexual health among businesses and investors in Latin America. This has led to increased adoption of drugs related to erectile dysfunction.
  • Middle East & Africa region is a growing interest from both regional and international investors in Erectile dysfunction drug market, driving companies to adopt more new products to enhance transparency and attract investment.  

Erectile Dysfunction Drug Market Report Scope:

Attribute

Details

Market Size 2024

US$ 3.2 billion

Projected Market Size 2034

US$ 7.4 billion

CAGR Growth Rate

9.0%

Base year for estimation  

2023

Forecast period       

2024-2034

Market representation       

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product Type - Viagra (Sildenafil Citrate), Cialis (Tadalafil), Stendra /Spedra (Avanafil), Zydena (Udenafil), Levitra / Staxyn (Vardenafil), Vitaros (Alprostadil Cream)

By Distribution Channel- Hospital Pharmacies, Retail Pharmacies and Online Pharmacies

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Erectile Dysfunction Drug Market report based on By Product Type, By Distribution Channel and Region:

Erectile Dysfunction Drug Market, By Product Type:

  • Viagra (Sildenafil Citrate)
  • Cialis (Tadalafil)
  • Stendra / Spedra (Avanafil)
  • Zydena (Udenafil)
  • Levitra / Staxyn (Vardenafil)
  • Vitaros (Alprostadil Cream)
  • Others

Erectile Dysfunction Drug Market, By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Erectile Dysfunction Drug Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Erectile Dysfunction Drug Market Competitive Landscape & Key Players

The key operators of the erectile dysfunction drugs market are Pfizer Inc., Bayer AG, Eli Lily & Co., DONG-A PHARM, Apricus Biosciences Inc., Vivus, Inc., Meda AB, SK chemicals, Cristalia Produtos Quimicos Farmaceuticos Ltda., Teva Pharmaceutical Industries Ltd. 

Erectile Dysfunction Drug Market Players

Global Erectile Dysfunction Drug Market Company Profile

  • Pfizer*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategy Overview
  • Eli Lily & Co.
  • DONG-A PHARM
  • Apricus Biosciences Inc.
  • Vivus, Inc.
  • Meda AB
  • SK chemicals
  • Cristalia Produtos Quimicos Farmaceuticos Ltda.
  • Teva Pharmaceutical Industries Ltd. 
  • Bayer AG

“*” marked represents similar segmentation in other categories in the respective section.

FAQs

Erectile Dysfunction Drug Market was valued at US$ 3.2 billion in 2024 and is projected to grow at a CAGR of 9.0%to reach US$ 7.4 billion by 2034.

Erectile Dysfunction Drug Market is segmented into on the basis of Product Types, Distribution channels and Region.

Factors driving the Erectile Dysfunction Drug Market include increasing patient population and growing investor demand.

Restraints of the Erectile Dysfunction Drug Market include high implementation costs and lack of standardization and unawareness of the erectile dysfunction.

By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

The key operators of the erectile dysfunction drugs market are Pfizer Inc., Bayer AG, Eli Lily & Co., DONG-A PHARM, Apricus Biosciences Inc., Vivus, Inc., Meda AB, SK chemicals, Cristalia Produtos Quimicos Farmaceuticos Ltda., Teva Pharmaceutical Industries Ltd.