The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s fertility drugs market report forecasts the fertility drugs market size to grow to $3.30 Billion by 2027, with a CAGR (compound annual growth rate) of more than 2%.

Learn More On The Fertility Drugs Market Report 2023 – https://www.thebusinessresearchcompany.com/report/fertility-drugs-global-market-report

Fertility Drugs Market Size Forecast
The global fertility drugs market is expected to grow from $2.93 billion in 2022 to $3.03 billion in 2023 at a compound annual growth rate (CAGR) of 3.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global drugs for infertility market size is expected to grow to $3.30 billion in 2027 at a CAGR of 2.1%.

North America held the largest fertility drugs market share, and Middle East was the fastest-growing region in 2022.

Key Fertility Drugs Market Driver ­– Increase In Rates Of Infertility Across The Globe
For instance, in September 2020, according to the World Health Organization (WHO), a Switzerland-based international public health organization, millions of people in the world who are of reproductive age will struggle with infertility, which will also have an effect on their families and communities. Worldwide, it is estimated that 48 million couples and 186 million people struggle with infertility. Hence, the rising cases of infertility across the globe are increasing the demand for fertility drugs, resulting in the growth of the fertility drug market.

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Key Fertility Drugs Market Trend – Launching Self- Administration Fertility Solutions For Advanced Infertility Treatment
The self- administration fertility solution makes it easier and less painful for women to self-administer daily injections. For example, in August 2021, Merck Specialities, the healthcare business of Merck in India, launched Pergoveris Pen for advanced infertility treatment in India. This launch aims to fulfill unmet medical needs by providing an improved, convenient, and ready-to-use combination treatment option for women with a severe follicle-stimulating hormone (FSH) and luteinizing hormone (LH) deficiency. The Pergoveris Pen is a combination of a freeze-dried powder and solvent, reducing the probability of reconstitution errors. As a result, Pergoveris delivers with more precision and, hence, is more accessible to self-administration by patients during infertility treatment.

Fertility Drugs Market Segment
1) By Gender: Male, Female
2) By Route of Administration: Oral, Intravenous, Subcutaneous, Intramuscular
3) By Type Of Drug: Prescription Fertility Drugs, Over-The-Counter Fertility drugs
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

Fertility Drugs Market Major Players and Strategies
Major players in the fertility drugs market are Merck & Co., Ferring Pharmaceuticals, Bayer, Berlex Laboratories Inc., Janssen Pharmaceutical Inc., Pfizer, Novartis AG, Procter & Gamble Pharmaceutical, Zydus Pharma, LIVZON, Abbott, MSD, Sanofi S.A., Eli Lilly and Co., Serono, Inc., Novogyne Pharmaceuticals, and Takeda Pharmaceutical co. ltd.

In January 2020, Evotec SE, a Germany-based pharmaceutical company specialising in drug discovery and development, announced strategic partnerships with Bayer AG, a pharmaceutical and biotechnology company pioneering in the discovery, development, manufacturing, and commercialization of drugs. Under this collaboration, to develop a new cure and multiple clinical candidates for the treatment of polycystic ovary syndrome together, both businesses will offer drug targets and a wide array of high-quality technological platforms.

The Fertility Drugs Global Market Report 2023 covers regional data on fertility drugs market size, fertility drugs market trends and drivers, opportunities, strategies, and fertility drugs market competitor analysis. The countries covered in the fertility drugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Fertility drugs refer to a term used to describe medications that cause your body to release hormones that regulate or prompt ovulation, or the release of an egg from your ovary.

View More Reports Related To The Fertility Drugs Market –
Fertility Treatments Global Market Report 2023
Fertility Services Global Market Report 2023
IVF Services Global Market Report 2023

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