Global Fertility Drug Market Research and Forecast, 2018-2023
Posted by omrglobal on July 30th, 2018
Infertility is one of the major issue now a day due to change in life style & cultural shift. There are various fertility drugs available in market for infertility related problems. Fertility drugs enhance the reproductive ability by improving quality of egg or sperms by increasing the levels of certain hormones in human body. The major factors that are responsible for the growth of fertility drug market are Change in lifestyle and Cultural shift, increasing prevalence of obesity, increasing infertility rate in adults, rising average age of conceiving in woman and Rise in sexually transmitted diseases among men and women. However, high cost of fertility drugs & risk associated with the use of fertility drugs such as Ovarian Hyperstimulation Syndrome (OHS) are the major constraints to the market. Whereas increasing awareness about the fertility drugs among the people is creating immense opportunities for future.
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On the basis of geography, the market has been divided into North America, Europe, Asia Pacific and Rest of the World. Europe is expected to dominate in the global fertility drug market owing to high prevalence of infertility in the UK, France, Germany and other European countries. Large customer base, high consumption of Tabaco & smoking, continuous increment in economy and healthcare facility are the major factor for the growth of the market in the APAC region.
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Large number of pharmaceutical companies are active in fertility drug market. The major companies active in the market are Berlex Laboratories, Inc., Baxter Healthcare Corp., Ferring Pharmaceutical Inc., Janssen Pharmaceutical Inc., Pfizer, Takeda Pharmaceutical co. ltd., Procter & Gamble Pharmaceutical and so on. The companies are focusing on product innovations, expansions, M&A, finding new market or innovate in their core competency in order to expand individual market share.
Global Fertility Drug market is segmented on the basis of regional outlook and following segments:
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