SEXUAL HEALTH MARKET ANALYSIS
The global sexual health market is estimated to be valued at US$ 10,697.3 million in 2019, and is expected to exhibit a CAGR of 4.2% during the forecast period (2019–2027).
Figure 1. Global Sexual Health Market Share (%), By Product Type, (2019 & 2027)
Source: Coherent Market Insights Analysis (2019)
Increasing research and development activities by key players are expected to drive growth of the market over the forecast period
Rising involvement of major players in development of novel, and effective drug candidates for treatment of sexual dysfunction is likely to contribute to the growth of the sexual health market. For instance, in November 2019, Can-Fite BioPharma Ltd. received a patent grant in Canada, South Korea, and Israel for its drug candidate CF602, for the treatment of a sexual dysfunction.
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