Erectile Dysfunction
Drug Companies to Benefit from Largely Untapped Markets
in Europe
20 September, 2005
Even with 30 million cases of erectile
dysfunction (ED) registered in Europe, the infertility
drugs market has not taken off to the expected extent
in the region. The blame could lie largely with the
conservative attitude regarding infertility among its
people. While more than half of the men over 40 years
of age suffer from this disorder, only 10 to 15 per
cent seek treatment.
Drug companies can profit from these
untapped markets by improving awareness in the target
population. More men have already started consulting
doctors, especially since ED is treatable at any stage.
There is also a high prevalence of
ED in comorbid medical conditions and through associated
risk factors such as cardiovascular diseases, hypertension,
dyslipidemia and depression. Superior R&D and innovation-focused
strategies will enable market participants to better
harness the potential of this market.
Companies have to focus on product
innovation and competitive pricing for better targeting
of consumers and brand positioning. They should consider
generic product development strategies to sustain their
reputation in this field.
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