Global Female Infertility Drugs Market 2019-2023| Introduction of Biosimilars to Boost Growth| Technavio

LONDON–(BUSINESS WIRE)–#Biotechnology–The global female infertility drugs market is expected to post a CAGR of over 5% during the period 2019-2023, according to the latest market research report by Technavio.

A key factor driving the growth of the market is the adverse outcomes and high cost of non-therapeutics. Various effective alternatives to medications are available for the treatment of female infertility. These alternatives include various ART procedures, such as IVF, IUI, and ICSI, and cryopreservation of gametes or embryos. Although these non-therapeutics are effective in treating female infertility, adverse outcomes and high cost associated with them are acting as a challenge for patient adherence. Furthermore, these ART procedures are highly expensive. Thus, such factors are expected to increase the use of therapeutics for treating female infertility, which will propel market growth during the forecast period.

As per Technavio, the introduction of biosimilars will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global female infertility drugs market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Female Infertility Drugs Market: Introduction of Biosimilars

Biologics are highly expensive and cannot be affordable for everyone. Hence, new, cost-effective biosimilars are being developed in the market. For instance, In January 2016, Teva pharmaceutical Industries Ltd. launched Ovaleap, a biosimilar to GONAL-f (follitropin alfa) from Merck KGaA. Thus, the low cost of biosimilars promotes patient adherence and is expected to boost market growth.

“Apart from the introduction of biosimilars, the increasing awareness of female infertility and high-risk factors for female infertility and increasing patient assistance programs are major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.

Global Female Infertility Drugs Market: Segmentation Analysis

This market research report segments the global female infertility drugs market by RoA (parenteral, oral, others) and geographical regions (North America, Europe, Asia, and ROW).

The North American region led the market in 2018, followed by Europe, Asia, and ROW respectively. However, during the forecast period, the Asian and European region are expected to register the highest incremental growth due to the presence of high-risk factors such as late parenthood, hormonal imbalance, and irregular periods among the female populace in these regions.

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Market Landscape

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• Market segmentation analysis

Market Sizing

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Five Forces Analysis

Market Segmentation

Geographical Segmentation

• Regional comparison
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Market Drivers

Market Challenges

Market Trends

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• Vendors covered
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• Competitive scenario

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