Press release
Human Chorionic Gonadotropin (HCG) Market Analysis By Top Industry Players "Bristol Myers Squibb Company, Merck & Co., Ferring B.V., Fresenius Kabi AG, Cigna, Sun Pharmaceutical, Lee BioSolutions Inc. & Many Others"
Human Chorionic Gonadotropin (hCG) Market
The ever-increasing incidence of medical conditions associated with infertility faced by both males and females is set to propel the demand for hCG over the years. In addition, significant traction gained by recombinant hCG‐™s across several therapies, is set to contribute to the market growth.
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Rise in the incidence of male hypogonadism among the geriatric population is the key factor driving the market growth. In addition, increase in traction gained by hCG among healthcare professionals and patients would supplement the market growth. However, cautions and warnings issued by the FDA pertaining to the side effects of hCG therapy is expected to hamper the market growth. Moreover, untapped economies are set to offer lucrative opportunities for the expansion of the hCG market.
Based on technology, the market is divided into natural source extraction and recombinant technology. The recombinant technology segment is expected to register the highest growth rate during the forecast period. However, the natural source extraction segment dominated the global market in 2017 and is anticipated to remain dominant throughout the forecast period. This is attributed to easy and low-cost availability of hCG from pregnant womens urine and placenta cells.
Based on the therapeutic area, the global market is classified into female infertility treatment, oligospermic treatment, male hypogonadism, and others. Male hypogonadism segment is anticipated to witness highest growth rate in the global market, owing to high susceptibility of geriatric population to hypogonadism. However, female infertility treatment dominated the therapeutic area segment in 2017, owing to surge in female infertility-related problems such as polycystic ovaries, hormonal imbalance, and others.
Asia-Pacific is expected to witness the highest growth rate throughout the forecast period, due to its high population base, surge in disposable income, and rise in awareness toward infertility treatment procedures. In addition, rise in fertility tourism in Asia-Pacific countries such as Thailand and Malaysia boosts the market growth.
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The major companies profiled in the report include
• Bristol Myers Squibb Company,
• Merck & Co., Inc.,
• Ferring B.V.,
• Fresenius Kabi AG,
• Cigna,
• Sun Pharmaceutical Industries Ltd,
• Lee BioSolutions Inc.,
• Sanzyme, Scripps Laboratories, and
• Lupin AB.
The other players operating in the global human chorionic gonadotropin (hCG) market include Kamiya Biomedical Company, Intas Pharmaceuticals, Prospec-Tany Technogene Ltd., Cipla Limited, Biocare Medical, LLC, MyBioSource, Zydus Cadila, and Life Medicare & Biotech Pvt. Ltd.
Table Of Content
Chapter: 1: INTRODUCTION
1.1. Report description
1.2. Key market benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
Chapter: 2: EXECUTIVE SUMMARY
2.1. CXO perspective
Chapter: 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Top player positioning, 2017
3.4. Porter’s five forces analysis
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. High risk of hypogonadism in geriatric population
3.5.1.2. Rise in infertility rates
3.5.1.3. Increase in awareness toward hCG among healthcare professionals and patients
3.5.2. Restraints
3.5.2.1. Availability of substitutes
3.5.2.2. Cautions & warnings issued by FDA against the side effects of hCG
3.5.3. Opportunity
3.5.3.1. Rise in popularity of fertility tourism
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