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Global Transdermal Testosterone Market Size, Share & Trends Analysis Report, By Type (Gel, Patch, and Solution), By Application (Primary Hypogonadism, Hypogonadotropic Hypogonadism, and Late-Onset Hypogonadism), Forecast (2022-2028)

03-28-2022 04:37 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

The global transdermal testosterone market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Testosterone transdermal, also known as a patch, is used for the treatment of males whose bodies do not make enough natural testosterone; a condition called hypogonadism. Testosterone is a male hormone responsible for the growth and development of the male sex organs and maintenance of secondary sex characteristics. These transdermal contain testosterone, which is delivered through the skin for treatment of low testosterone levels. This form of topical patch is used for the treatment of males whose bodies do not make enough natural testosterone; a condition called hypogonadism. Low levels of testosterone in men may lead to the occurrence of chronic fatigue, erectile dysfunction, decreased sexual desire, osteoporosis, and the relapse of secondary sexual features, among other conditions. Since testosterone is defined as a male hormone responsible for the development and growth of the male sex organs and maintenance of secondary sex characteristics, these patches synthetically support in the above-mentioned functions.

A full report of Global Transdermal Testosterone Market is available at:https://orionmarketreports.com/global-transdermal-testosterone-market/93920/  

The growth of the global transdermal testosterone market is likely to boosted by the new product launches. For instance, in September 2018, Ferring Pharmaceuticals declared the launch of Testavan 20 mg/g transdermal gel for the treatment of adult male hypogonadism. Testavan is a new testosterone replacement therapy designed to restore testosterone levels to a normal range (300-1050 ng/dL) in adult males with hypogonadism. Testavan provides male hypogonadism sufferers with a new treatment option to support restore testosterone levels. It is a topical gel with a patented formulation, based on Ferring's Advanced Skin Technology (F.A.S.T.), that is designed to provide optimal absorption and bioavailability.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered- 
By Type
By Application
Regions covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape: AbbVie Inc., Teva Pharmaceutical Industries Ltd., and Lupin Ltd., among others.                

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

 

Global Transdermal Testosterone Market Report by Segmentation

By Type

Gel
Patch
Solution

By Application

Primary Hypogonadism
Hypogonadotropic Hypogonadism
Late-Onset Hypogonadism

 

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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