FEMALE INFERTILITY TREATMENT DRUGS MARKET ANALYSIS

Female Infertility Treatment Drugs MarketSize and Trends

The global female infertility treatment drugs market is estimated to be valued at US$ 2,649.8 Mn in 2021 and is expected to reach US$ 3,512.8 Mn by 2028, registering a CAGR of 4.1% during the forecast period (2021-2028)

Figure 1: Global Female Infertility Treatment Drugs Market Y-o-Y Growth Comparison (%), by Route of Administration, 2018-2028

The increasing rate of infertility is the major factor that is expected to drive the market growth over the forecast period.

Factor such as the increasing infertility rates globally is expected to augment the growth of global female infertility treatment drugs market over the forecast period. For instance, according to the report published in Galadari Printing and Publishing LLC, 2018, the prevalence of infertility increased with a significant decline in demographics ranging from 6.6 births per woman in the 1970s to 5.22 children in 1980-1985 and 1.73 from 2015-2020, registering an overall decrease of 160%.

Moreover, increasing number of research and development activities for improving the effectiveness of female infertility treatment drugs is expected to aid in the growth of the market over the forecast period. For instance, in October 2018, Myovant Sciences, a subsidiary of Sumitovant Biopharma, announced the presentation of data from a Phase 1 trial of MVT-602, a novel kisspeptin-1 receptor agonist in development as a potential treatment for female infertility in women as part of assisted reproduction, such as in vitro fertilization (IVF) at 2018 American Society for Reproductive Medicine (ASRM) Annual Congress. Results of the study showed that administration of MVT-602 in healthy premenopausal women in the follicular phase produced a dose-related increase in luteinizing hormone concentrations and expected effects on follicle-stimulating hormone and estradiol).

Figure 2: Global Female Infertility Treatment Drugs Market Y-o-Y Growth (%) Comparison, by Region, 2018 – 2028

Market Trends:

The rising number of product approvals and launches support the research and development of new drugs for female infertility treatment which is expected to drive the growth of the global female infertility drugs market over the forecast period. For instance, in February 2016, Merck KGaA, a Germany-based science and technology company in healthcare, life science and performance materials, received approval from the European Medicines Agency (EMA) for the GONAL-f prefilled pen 2.0. GONAL-f (follitropin alfa), a recombinant human follicle-stimulating hormone (r-hFSH) approved for the treatment of infertility in both males and females. In November 2018, Merck & Co. Inc., announced that the company received approval for a new version of GONAL-f (follitropin alfa injection) prefilled pen from the U.S. Food and Drug Administration (U.S. FDA). Follitropin alfa helps stimulate healthy ovaries to produce eggs. It is known as GONAL-f RFF Redi-jectTM prefilled pen in the U.S.

In addition, increasing number of available reimbursement facilities by manufacturer and government propel the market growth of female infertility treatment drugs. For instance, Sanofi S.A. provides reimbursement for CLOMID under the Pharmaceutical Benefits Scheme (PBS) in Europe and Australia, in order to make the medicines available at affordable prices for patients. PBS provides timely, reliable, and affordable access to fertility medications to the people in Europe and Australia. The medicine is prescribed for the treatment of ovulatory failure in selected infertile women who wish to become pregnant.