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The global female sexual dysfunction treatment market size was valued at USD 452.3 million in 2022 and is projected to grow from USD 451.7 million in 2023 to USD 993.9 million by 2030, exhibiting a CAGR of 11.9% during the forecast period. Moreover, the U.S. female sexual dysfunction treatment market size is projected to grow significantly, reaching an estimated value of USD 782.3 million by 2032, driven by increase in investment in R&D for the development of new drugs.
Sexual dysfunction refers to persistent and recurrent problems with sexual response, desire, or pain associated with personal distress among females. Sexual dysfunction diseases, such as dyspareunia and female sexual arousal disorders, are evident among menopausal women globally owing to a decrease in circulating estrogen concentrations following menopause. Thus, hormonal changes, such as low levels of estrogen and changes in physiological attributes, such as age and depression, increase in the prevalence of sexual dysfunction among females. Moreover, the rising number of chronic disorders, such as cancer, diabetes, or cardiovascular disorders among women, increases the prevalence of these diseases, further boosting the female sexual dysfunction treatment adoption.
Moreover, the rising incidence of gynaecological conditions, such as vulvovaginal atrophy infections, or vaginismus, and the surge in consumption of medications, such as antidepressants and anti-hypertensive drugs among post-menopausal women can lead to increased prevalence of sexual dysfunction, further augmenting demand for its diagnosis and treatment in the global market.
Thus, a surge in the prevalence of sexual dysfunction disorders among menopausal women and the rise in the adoption of chronic medications will lead to an increase in the need for treatment medications and therapies, further propelling market growth.
Decline in Prescriptions Amid COVID-19 Hindered the Market Growth
The COVID-19 pandemic had a substantial impact on this market in 2020. The impact was due to international lockdowns imposed by several governments that restricted or discouraged patients from visiting hospitals, clinics, and other health settings. Similarly, supply restrictions and low availability of pharmaceutical drugs across distribution channels further led to the decline of the market growth in 2020.
However, post-COVID-19 pandemic, the resurgence of female patients to hospitals and specialty clinics for female sexual dysfunction treatment propelled the demand for medications in 2021.
Moreover, high strategic initiatives by industry players, such as expanded access to products through telehealth services and online and retail home distribution of medications, augmented the adoption of treatment among women. Moreover, players focus on the expansion of the geographical presence of novel drugs across new regions and commercial licensing of women's health products, further catered to the global market growth in 2020.
High Focus Toward Hormonal Therapies to Treat Female Sexual Dysfunction Disorders Drive Market Expansion
The surge in the incidence of acute disorders, such as hypoactive sexual desire disorder, genito-pelvic penetration pain disorder (GPPPD), and vaginismus, has led to a rise in the adoption of local estrogen therapies (LET) in the form of conjugated estrogen creams, vaginal tablets, and others. Moreover, the number of hormonal therapies prescribed by healthcare professionals has increased among women owing to the potential increase in lubrication, blood flow, and sensation in vaginal tissues among sexually distressed patients under therapy.
Moreover, the key players in the market have witnessed an increase in sales of their estrogen product portfolio owing to high demand across developed countries, augmenting the growth globally.
Similarly, potential advantages of the use of estrogen therapy among post-menopausal women, such as ease of administration, low cost, and easy availability across hospitals and retail pharmacies, have driven the adoption of these therapies for the treatment of female sexual dysfunction disorders across health settings.
Also, the rising focus of industry players toward gaining approvals from regulatory agencies for their products across other regions to boost their global presence aids in market growth.
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Surge in Investments for R&D of New Drugs to Augment the Market Growth
The potential side effects associated with hormonal therapies, such as topical estrogen products and testosterone creams for the treatment of dyspareunia and vulvar atrophy, are high. This has led to the demand for new non-estrogen and non-hormonal therapies for female sexual dysfunction treatment across the healthcare settings.
To cater to this, the market players are now emphasizing on clinical trials and the development of new pharmacological treatment drugs in post-menopausal women that are highly potent and have limited adverse systemic events. Moreover, the rising focus of industry players on increasing their manufacturing capacity to boost their sales globally will drive market growth.
Therefore, the surge in research and development by key players and rising government initiatives to introduce new treatment regimens is anticipated to cater to the market growth during the forecast period.
Low Awareness of Sexual Disorders Among Females to Hamper the Market Growth
The incidence of sexual dysfunction disorders is increasing globally. However, it is a frequently overlooked disease in post-menopausal women. Moreover, the awareness related to sexual dysfunction diseases among women is low as compared to the male population globally.
Similarly, limited awareness related to hormonal and non-estrogen therapies, such as topical creams and oral drugs among young women, limits the adoption of therapies for these diseases, further hampering market growth. Also, the limited number of visits to healthcare centres for gynaecological disorders such as vulvovaginal atrophy and genital pain, among others, further restricts treatment adoption among women.
High Adoption of Estrogen Therapies Among Post-Menopausal Women Propelled Estrogen Therapy Segment Growth
By drug, the market is segmented into flibanserin, bremelanotide, ospemifene, estrogen therapy, and others.
The estrogen therapy segment accounted for the largest market share in 2022. The dominance was attributed to the increase in the number of estrogen treatment prescriptions by healthcare professionals among women and the high adoption of this therapy among women for treatment for moderate to severe genitourinary symptoms of menopause.
On the other hand, the others segment is expected to register the highest CAGR during the forecast period. The rising emphasis of key players to expand and strengthen their product portfolio across other geographical regions and the increasing introduction of new non-hormonal therapies will augment the segment growth during 2023-2030.
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Increasing Prevalence of Dyspareunia Among Women to Augment Dyspareunia Segment Growth
Based on disease, the global female sexual dysfunction treatment market is segmented into hypoactive sexual desire disorder (HSDD), dyspareunia, and others.
The dyspareunia segment accounted for the highest share in 2022. The share was attributed to the increasing prevalence of vulvar and vaginal atrophy leading to dyspareunia among women and the increasing number of clinical trials for the development of novel drugs by industry players for the treatment.
The hypoactive sexual desire disorder (HSDD) segment is projected to grow at a considerable CAGR during the forecast period. The growth is attributed to increasing awareness of sexual dysfunction disorders among females and rising incidence of psychological ailments such as depression and anxiety associated with low libido across the globe.
Potential Advantages of Parenteral Drug Administration Drives the Parenteral Segment Growth
Based on route of administration, the market is segmented into oral, parenteral, and topical.
The parenteral segment accounted for the highest market share in 2022. The highest share was owing to the high advantages of parenteral administration, such as the potential continuity of drug delivery, low systemic side effects, among others. The increasing presence of treatment drugs in the form of vaginal capsules, creams, gels, suppositories and rings in the global market, drives segment growth.
The topical segment is expected to grow at the highest market share during the forecast period. Factors such as the increasing shift toward topical administration compared to intravaginal medications among women. The increasing emphasis of key players on the development of novel drugs in the form of topical solutions for female sexual dysfunction treatment are anticipated to propel segment growth during the projected period.
Increasing Number of Pharmacies Augmented Segmental Growth for Hospital Pharmacies Globally
By distribution channel, the global female sexual dysfunction treatment market is segmented into hospital pharmacies, drug stores & retail pharmacies, and online pharmacies.
The hospital pharmacies segment held a dominant share of the market in 2022. The dominant share was owing to increasing hospital visits for the treatment of sexual disorders among women and the extensive availability of therapy drugs across a rising number of hospital pharmacies.
The drug stores & retail pharmacies segment is anticipated to register growth with the highest CAGR during 2023-2030. Elements, such as the exclusive availability of newly launched medications across retail pharmacies and easy delivery of medications, are expected to bolster segmental growth.
Rise in Introduction of Advanced Therapies to Augment North America Market Share
Based on region, the market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
North America Female Sexual Dysfunction Treatment Market Size, 2022 (USD Million)
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The North American market for sexual dysfunction treatment was valued at USD 404.4 million in 2022 and is anticipated to continue to dominate during the forecast period. The market expansion is driven by the rising adoption of therapies among women in the region. Moreover, the rising number of product licensing agreements among manufacturing players and rising approvals of therapies for new disease indications further boosted the North American market.
The European market for female sexual dysfunction treatment is the second most dominant region. It held a significant share due to the robust activities of existing market players toward R&D and clinical studies to develop and commercialize novel therapies among women.
The rising prevalence of chronic diseases, such as vaginismus, among the population drives the market growth in the Asia Pacific region. The region is anticipated to exhibit the highest CAGR during the forecast period due to the increasing awareness of female sexual dysfunction treatment among health professionals across health settings, further propelling market growth.
The Latin American market is anticipated to grow at a considerable pace over the forecast period. The growth is due to the rising disease prevalence amongst the young women population and the rising product portfolio expansion of major players in the region.
The Middle East & Africa region is expected to grow at a moderate CAGR owing to the rising initiatives of regulatory authorities toward product approval for the treatment of female sexual dysfunction.
Strong Product Portfolios of Key Players to Boost Their Market Share
The market is consolidated with a few players, including Pfizer Inc., Duchesnay Pharmaceutical Group Inc., and Mayne Pharma Group Limited, accounting for a major share in 2022. Pfizer, Inc., is the leading player with the highest female sexual dysfunction treatment market share in 2022. The company's highest share is attributed to the strong sales of its Premarin product portfolio globally and the high number of Premarin prescriptions given by healthcare care professionals for the treatment of dyspareunia among female patients.
Other players, including PALATIN, Sprout Pharmaceuticals, Inc., and Millicent Pharma Ltd. (Endoceutics, Inc.), are highly focused on clinical studies and partnerships with industry players to expand their geographical presence, which is expected to drive the growth of the market during the forecast period.
An Infographic Representation of Female Sexual Dysfunction Treatment Market
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The report provides a detailed market analysis and focuses on crucial aspects such as leading players, drug types, and major indications of female sexual dysfunction treatment. Additionally, it offers insights into market trends, key industry developments such as mergers, partnerships, acquisitions, and the impact of COVID-19 on the market. In addition to the factors mentioned above, the report includes the factors that have contributed to the market growth in recent years with a regional analysis of different segments.
ATTRIBUTE | DETAILS |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated Year | 2023 |
Forecast Period | 2023-2030 |
Historical Period | 2017-2021 |
Unit | Value (USD million) |
Growth Rate | CAGR of 11.9% from 2023-2030 |
Segmentation | By Drug
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By Disease
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By Route of Administration
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By Distribution Channel
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By Region
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Fortune Business Insights says that the global market size was USD 452.3 million in 2022 and is projected to reach USD 993.9 million by 2030.
Registering a CAGR of 11.9%, the market will exhibit steady growth over the forecast period (2023-2030).
By drug, the estrogen therapy segment was the leading segment in the market.
The rising prevalence of female sexual disorders and the increasing launch of advanced female sexual dysfunction treatments by market players across the globe are the key factors driving the market growth.
Pfizer Inc., Duchesnay Pharmaceutical Group Inc., and Mayne Pharma Group Limited are major players in the global market.
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