Regional Analysis
Sildenafil Drug Market Regional Insights:
- North America is expected to be the largest market for sildenafil drug market during the forecast period, accounting for over 40% of the market share in 2023. The growth of the market in North America is due to high awareness about ED, easy availability, and access to ED drugs, and presence of major players in the region.
- The Europe market is expected to be the second-largest market for sildenafil drug market, accounting for over 25% of the market share in 2023. The growth of the market in Europe is due to growing geriatric population, increasing prevalence of chronic diseases, and launches of new generic ED drugs.
- The Asia Pacific market is expected to be the fastest-growing market for sildenafil drug market, with a CAGR of over 9% during the forecast period. The growth of the market in Asia Pacific is due to expanding patient population, rising healthcare expenditure, and growth in online sales of ED drugs.
Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, and Rest of Middle East
- Africa: South Africa, North Africa, and Central Africa
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