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Hormone Replacement Therapy Market Anticipates Steady Growth Till 2026

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The global hormone replacement therapy market size was valued at US$ 10.58 billion in 2017 and is expected to witness a CAGR of 5.2% over 2018 – 2026.
Hormone Replacement Therapy Market Size,
Share, Trend, Outlook, Future Growth
Analysis And Synthesis 2018 - 2026
New mergers and acquisitions is one of the major factor driving the growth of the hormone replacement
therapy market. For instance, in 2014, Pfizer Inc., a U.S.-based pharmaceutical company, merged with
OPKO Health Inc., a U.S.-based company, to develop a long acting growth hormone (hGH-CTP) and
innovative treatments for growth hormone deficient patients. hGH-CTP is more convenient, as the
patients need to take just one injection in a week rather than daily doses. hGH-CTP has an orphan drug
designation in the U.S. and Europe for adults and children with growth hormone deficiency.
Robust pipeline is also expected to support growth of the hormone replacement therapy market size. For
instance, Somapacitan sponsored by Novo Nordisk A/S, a Denmark-based company, completed phase 3
clinical trials in 2017. This drug is used for the treatment of growth hormone deficiency in adults.
The global hormone replacement therapy market size was valued at US$ 10.58 billion in 2017 and is
expected to witness a CAGR of 5.2% over the forecast period (2018 – 2026).
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Increasing prevalence of various chronic conditions are expected to drive growth of the hormone
replacement therapy market
Increasing prevalence of hypogonadism in adult men worldwide is expected to drive growth of the
hormone replacement therapy market. According to the European Association of Urology: 2016 report, in
middle-aged men, the incidence of hypogonadism varies from 2.1% to 12.8%. The incidence of low
testosterone and symptoms of hypogonadism in men aged 40-79 varies form 2.1% to 5.7%, in Europe.
Ease in access and government support for research and development activities is expected to aid in
growth of the hormone replacement therapy market. Financial help by NGOs such as the National
Gaucher Society help patients receive enzyme replacement therapy that are costly.
Hormone Replacement Therapy Market - Regional Insights
On the basis of region, the global hormone replacement therapy market is segmented into North
America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to
hold dominant position in the global hormone replacement therapy market, owing to continuous launch
of various generic products for hormone replacement therapies by manufacturers. Furthermore, Europe is
expected to be the second largest contributor to the hormone replacement therapy market, in terms of
revenue and is expected to gain significant traction in the near future. This is owing to launch of new
drugs and therapies to combat secondary hyperparathyroidism and presence of significant population
suffering from the disease in this region. For instance, in December 2016, Amgen’s drug etecalcetide
(Parsabiv) received marketing approval in Europe by the European Commission for the treatment of
secondary hyperparathyroidism in adult patients with chronic kidney diseases.
Report includes chapters which deeply display the following deliverable about industry :
• Hormone Replacement Therapy Market Research Objective and Assumption
• Hormone Replacement Therapy Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Hormone Replacement Therapy Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Hormone Replacement Therapy Market, By Regions
• Hormone Replacement Therapy Market Competition by Manufacturers including Production,
Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Hormone Replacement Therapy Market Manufacturers Profiles/Analysis including Company
Basic Information, Manufacturing Base and Its Competitors.
• Hormone Replacement Therapy Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Hormone Replacement Therapy Market Forecast including Production, Consumption, Import
and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Hormone Replacement Therapy Market - Competitive Landscape
Manufacturers are focusing on developing generic versions of various drugs for the treatment of certain
disorders that are highly prevalent in women such as hypothyroidism. For instance, Teva Pharmaceutical
Industries Ltd. launched generic version of Vagifem (estradiol vaginal inserts), 10 mcg in the U.S. on 24,
July 2017. Estradiol vaginal inserts are an estrogen indicated for the treatment of atrophic vaginitis due
to menopause.
Key players operating in the global hormone replacement therapy market include Novartis AG, Abbott
Laboratories, Mylan N.V., Merck KgaA, Bayer AG, Pfizer Inc., Novo Nordisk A/S, QuatRx
Pharmaceuticals, Teva Pharmaceutical Industries Ltd., Amgen, Inc., and Eli Lilly and Company.
Detailed Segmentation:
Global Hormone Replacement Therapy Market, By Therapy Type:
•
Estrogen Replacement Therapy
•
Human Growth Hormone (HGH) Replacement Therapy
•
Thyroid Replacement Therapy
•
Testosterone Replacement Therapy
Global Hormone Replacement Therapy Market, By Route of Administration:
•
Oral
•
Parenteral
•
Others
Global Hormone Replacement Therapy Market, By Application:
•
Hypothyroidism
•
Male Hypogonadism
•
Growth Hormone Deficiency
•
Menopause
•
Others
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hormone-replacement-therapy-market-2079
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Author
Poul Master
Poul Master247   documents Email
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