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The Global Testosterone Replacement Therapy Market is estimated to reach USD 1.3 billion by 2026.

03-29-2019 01:19 PM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

Hyderabad, Feb. 28, 2019 -- The " GlobalTestosterone Replacement Therapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2026" report has been added to Datamintelligence.com's offering.

The global market for Testosterone Replacement Therapy is estimated to reach USD 1.3 billion by 2026. Creams/gels segment accounted for the largest share with approximately 66% as they are available in a semi-solid form and can be applied quickly and removed.

Testosterone Replacement Therpay Market Drivers and restraints :
⦁ Primary market drivers include the rise in the incidence of testosterone deficiency, increase in geriatric population with high risk of testosterone deficiency and increasing awareness about testosterone substitute therapy.
⦁ However, the high risk of side effects associated with testosterone replacement therapy will restrain market growth.
⦁ Testosterone use is possibly associated with an increased risk of developing cardiovascular disease and prostate cancer.

Testosterone Replacement Therapy Market Segmentation
The global Testosterone Replacement Therapy market report segments the market by product type, by active ingredient, and by region.
Based on product type, the Testosterone Replacement Therapy market is segmented into oral, implants, gums/buccal adhesives, injections, patches, and creams/ gels.
Creams/gels segment accounted for the largest share with approximately 66% as they are available in a semi-solid form and can be applied quickly and removed.
Based on lines of its active ingredient, the market is divided into five categories: testosterone, testosterone cypionate, testosterone enanthate, testosterone undecanoate, and methyltestosterone.
Based on Region, the market is again divided into five categories :
Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific), Europe (Germany, France, The UK, Italy, Spain, Rest of Europe), North America (The USA, Canada, Mexico), South America (Brazil, Argentina, Rest of South America), Rest of the World
However, the market is continuing to decline due to strict FDA warnings regarding the use of testosterone drugs.

Key Points Covered in This Report:
Testosterone Replacement Therapy Market Scope and Methodology
Testosterone Replacement Therapy Industry Trends
Testosterone Replacement Therapy Market Outlook
Market Segmentation - By Type, By End-User,
Regional, Country-level Analysis
Key Players in the industry

Companies Mentioned
AbbVie Inc.
Allergan plc
Bayer AG,
Endo Pharmaceuticals Inc.,
Eli Lilly and Company,
Kyowa Kirin International plc,
Mylan N.V.,
Novartis AG
Pfizer

DataM Intelligence also offers Custom Research services providing focused, comprehensive and tailored research.

About DataM Intelligence :
DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.
Market Research for long has been losing its credibility owing to low reliability and high proportions of estimations. Having identified this gap, DataM was established to provide businesses with reliable and near-market intelligence. Reporting the actual market scenario has been made possible by our proprietary methodology, that essentially revolves around gathering inputs from industry participants and integrating the trends into statistical Databank. This approach not only aligns the findings with historic data but also allows a highly justifiable forecast model.
DMI is currently strengthening its cross-industrial database for sectors including Chemicals, Materials, Agriculture, Healthcare Services, Animal Nutrition, Consumer Goods, Food & Beverages, Industrial Machinery and Automation among others.

The global market for Testosterone Replacement Therapy is estimated to reach USD 1.3 billion by 2024. Creams/gels segment accounted for the largest share with approximately 66% as they are available in a semi-solid form and can be applied quickly and removed.

Sai Kiran
DataM Intelligence
1st floor, Phoenix Tech Tower
Plo no: 14/46, Habsidguda, IDA-Uppal,
+1 877-441-4866
media@datamintelligence.com

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