Increasing Geriatric Population Is Driving the Growth of the Sexual Health Market

     

Sexual Health Market

Sexual health is an important part of a person’s physical and mental health. According to the World Health Organization (WHO), sexual health requires a respectful and positive approach to sexual relationships and sexuality, as well as the possibility of having pleasurable and safe sexual experiences, free of coercion, violence, and discrimination. Sexual health leads to a healthy sex life without any sexually transmitted diseases, and to take preventive measures to avoid sexually transmitted infections. The elderly population (geriatric population) often suffer from one or more sexual disorders, such as premature (early) ejaculation, erectile dysfunctions, dyspareunia, and hypoactive sexual desire disorder, among others.

Thus, with the increasing geriatric population worldwide, the prevalence/incidence of sexual disorders is also increasing, driving the growth of the sexual health market. According to WHO, the world's population aged 60 years and older is expected to total 2 billion by 2050, up from 900 million in 2015? Moreover, the sexual health market is gaining huge traction due to the emergence of COVID-19 (pandemic), an infectious disease caused by the newly discovered coronavirus. According to the analysis from Save the Children, disruption due to COVID-19 could lead to 23,000 extra teenage pregnancies by the end of 2020. 

To combat this, in June 2020, Sierra Leone launched an innovative, interactive game app for boys and girls which provides reliable information on sexual health as well as how to stay safe from the coronavirus. Furthermore, growth of the sexual health market, in the Asia Pacific, is mainly driven by the increasing prevalence of sexual disorders, increasing geriatric population, and increasing awareness among people about the sexual health. For example, in June 2018, the Indian Medical Association (IMA) launched a nationwide sexual health program aimed to eradicate the social taboo related to sexual medical conditions.

IMA also planned to release e-bulletins on male and female sexual dysfunction and encourage sessions once in three months for doctors in its branches across India. The idea was to focus on medical problems related with sexual health. However, side effects associated with drugs used to treat sexual dysfunctions, such as hearing loss, visual changes, facial flushing, and long-lasting erection, may hamper demand, as well as the sexual health market growth. Moreover, increasing cases of untreated or undiagnosed sexual health problems may restrain growth of the market. Regional segmentation of the sexual health market includes North America, South America, Asia Pacific, Europe, the Middle East, and Africa.

Comments

Post a Comment

Popular posts from this blog

Global Video Event Data Recorder Market Continues To Grow Owing To the Increased Demand from the Automobile Sector and Stringent Road Safety Measures Taken By Governmental Bodies across the World

Image
  Video event data recorder (VEDR) is a device that captures and stores the data from live events such as seminars, meetings, product demonstrations, trade shows, presentations, conventions, training programs, live concerts, and events that use sophisticated optics and light systems to create the video images at a recording-quality level. The devices can record the full duration of any event. VEDRs are integrated with advanced event management solutions that utilize advanced monitoring and reporting features to track, manage and analyze the captured data. Some systems also allow users to upload content directly from their computers or smartphones to multiple different locations and devices. Market Dynamics                                                The latest video event data recorders from leading brands like Canon, Casio, Fuji, Samsung, Olympus, Panasonic, Pentax, Samsung, Voip, Apple, Blackberry, and PIXA are all designed to improve the quality of video capture. The newest p
Read more

Astrum Has Expanded Its Presence In India Infrared Thermometer Market

Image
  The Infrared Thermometer market is witnessing the fastest growth in the Asia Pacific region and this can be accredited to the growing aging population in the region which is driving demand for healthcare services. Japan has the highest growing aging population in the country. According to the Statistics Bureau, Ministry of Internal Affairs and Communications, in 2019, the aged population (65 years old and over) was 35.89 million, constituting 28.4 percent of the total population (i.e., 1 in every 4 persons) and marking a record high in Japan. The rise in prevalence of infectious disease and increase in the demand for the product for newborns as children cannot hold the contact thermometer is playing a key role in the overall development of the infrared thermometer market . According to the World Health Organization, HIV, tuberculosis, malaria, neglected tropical diseases, and viral hepatitis affects billions of people around the world and causes more than 4 million deaths each year
Read more

Increasing Demand for Processed Food and Initiatives to Challenges Assumptions about Monosodium Glutamate to Augment Growth of Monosodium Glutamate Market

Image
  Monosodium Glutamate (MSG) is one of the most widely used food-additives in commercial foods. Market Dynamics Increasing demand for processed food is expected to propel growth of the global monosodium glutamate market. For instance, according to the U.S Department of Agriculture, export of prepared food from U.S. increased from US$ 5, 849 million in 2015 to US$ 6,682 million in 2019. Moreover, increasing sales in the restaurant sector is also expected to aid in growth of the market. For instance, according to The National Restaurant Association, restaurant sales are expected to value US$ 863 billion in 2019 in the U.S., witnessing an increase of 3.6% from 2018. Initiatives to challenges assumptions about monosodium glutamate are expected to offer lucrative growth opportunities for players in the global monosodium glutamate market . For instance, in December 2020, Ajinomoto Co., Inc. announced a new campaign to address the heart of MSG’s perception problem in the U.S. Moreover,
Read more