Sildenafil is a medication prescribed for the treatment of sexual dysfunction such as erectile dysfunction and pulmonary arterial hypertension. It also has few side effects such as headache, heartburn, and others.
Increase in incidence of erectile dysfunction due to high blood pressure, diabetes, and smoking, sedentary lifestyle, rising geriatric population, and initiatives taken by governments and NGOs to make patients aware of erectile dysfunction drive the market growth. However, factors such as increased risk of sexually transmitted diseases and presence of alternatives limits the market growth. Furthermore, the development of novel molecule combinations and drug delivery techniques of untapped market provide opportunities for market growth in the near future.
The sildenafil citrate market is segmented on the basis of application and region. On the basis of application, the market is bifurcated into medical and non-medical uses. Medical uses is further divided into sexual dysfunction, pulmonary hypertension, altitude sickness, and Raynauds phenomenon. By geography, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
The key players in the market include Aglowmed Pharmaceuticals Ltd., Wisdom Pharmaceutical Co., Ltd, Ind-Swift Limited, H.L.Healthcare Pvt. Ltd., Alembic Chemical Works Co Ltd, Torrent Pharmaceuticals Ltd., Atlas Laboratories Pvt Ltd, Ranbaxy Laboratories Ltd., Sun Rise International Labs Ltd., and Lupin Laboratories Ltd.
- The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets.
- It offers quantitative analysis from 2016 to 2023, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
- Extensive analysis helps understand the use of sildenafil in the treatment of erectile dysfunction.
- Comprehensive analysis of all geographical regions is provided, which helps determine the prevailing opportunities.
- Key players are profiled and their strategies are analyzed thoroughly, which elucidates the competitive outlook of the global market.
Sildenafil Citrate Market Key Segments:
- Medical Uses
- Sexual dysfunction
- Pulmonary hypertension
- Altitude sickness
- Raynaud's Phenomenon
- Non-Medical Uses
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South Africa
- Saudi Arabia
- Rest of LAMEA