Sildenafil Citrate Market size was valued at USD 1.67 billion in 2024 and is expected to reach USD 3.31 billion by 2037, registering around 5.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of sildenafil citrate is evaluated at USD 1.75 billion.
The increase in erectile dysfunction cases on account of the rising cases related to heart diseases, diabetes, obesity, blood pressure, tobacco and alcohol consumption, depression, stress, food habits along with an ageing population are estimated to contribute to the market growth. Based on its use, the market is bifurcated into medical and non-medical usage, out of which, the largest share in the market is estimated to be held by medical segment in order to treat erectile dysfunction in men. This can be attributed to its low cost in the market and the requirement of a prescription by medical professionals. The market is further segmented by distributed channel into online and offline distribution channels. Among these segments, the offline segment is anticipated to continue holding the leading share in the market since it was the highest revenue generating segment in 2019 owing to the rising availability of the product. Additionally, the high product awareness is driving also contributed to the growth of the segment.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
5.4% |
Base Year Market Size (2024) |
USD 1.67 billion |
Forecast Year Market Size (2037) |
USD 3.31 billion |
Regional Scope |
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Our in-depth analysis of the global sildenafil citrate market includes the following segments
By Use |
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By Distribution Channel |
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By End User |
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On the basis of regional analysis, the sildenafil citrate market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is likely to hold largest revenue share by 2037, propelled by higher number of ED cases in the region. The market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of ageing population in countries such as India, China, Japan and increase in awareness towards erectile dysfunction and related disorders.
Author Credits: Radhika Pawar
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