Global Sildenafil Drug Market research report has predicted that the industry will grow steadily between 2021 and 2028.
The report offers key insights on the company profile, market growth, product specifications, key players, scopes and limitations, production value, recent developments, revenue analysis, market shares, and the forecast.
The Global Sildenafil Drug Market report also offers information, statistics, facts, and figures that may help companies to keep a check on their production depending on the demand.
The report, which is now available on Data Bridge Market Research, found that the sildenafil drug market is expected to gain market growth from 2021 to 2028, at a CAGR of 4.80%. Experts believe that the market may reach up to $2,096 million by 2028.
Global Sildenafil Drug Market is segregated on the basis of product type, application, end-users, and distribution channel.
Some of the key industry players include Pfizer, Century Pharmaceuticals, Polpharma, Actavis, Accord-UK, Mantra Pharma, Angita, Apotex, Bayer AG, among others.
About Sildenafil
Sold under the brand name Viagra, sildenafil is used to treat erectile dysfunction, a condition in which men fail to get or sustain an erection hard enough for sexual intercourse.
The drug boosts an erection by augmenting blood flow to the penile organ and it does so by inhibiting a specific enzyme in the body called phosphodiesterase-5 (PDE5), which is why it is chemically known as a PDE5 inhibitor.
Other drugs that belong to PDE5 inhibitors are tadalafil (Cialis), vardenafil (Levitra), and avanafil (Stendra).
Since the Viagra patent is expired, sildenafil is available as generics. Generic sildenafil is approximately 85% cheaper than the brand Viagra. Like all synthetic medicines, sildenafil has a few limitations. For instance, the drug is not recommended to men who are already on medications containing nitrates or alpha-blockers. Also, it is not advised to men who have heart disease.