Global Bioidentical Hormones Market Estimated USD 508.41million Growth by 2026, Report By SottoPelle, Novartis AG, Orion Pharma AB, Full Life Wellness Center, Advantage Pharmaceuticals, BioTE Medical and others

Bioidentical hormones are identical to endogenous hormones on a molecular level and are used in hormone replacement therapy. These hormones have ability to reduce fatigue, hair thinning, can improve sleep and can increase sex drive. Few specific hormones used in bioidentical hormone replacement therapy include estrone, estradiol, progesterone, testosterone, dehydroepiandrosterone and estriol.

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Market Analysis: Global Bioidentical Hormones Market
Global bioidentical hormones market is expected to rise to an estimated value of USD 508.41million by 2026 registering a substantial CAGR of 5.61% in the forecast period of 2019-2026. This rise in the market can be attributed to the easy availability of medicines and higher affordability capacity of people.

Key Market Competitors: Global Bioidentical Hormones Market
Few of the major market competitors currently working in the global bioidentical hormones market are
• SottoPelle
• Novartis AG
• Orion Pharma AB
• Full Life Wellness Center
• Advantage Pharmaceuticals
• BioTE Medical
• Merck KGaA
• Pfizer Inc
• TherapeuticsMD, Inc
• GeneScience Pharmaceuticals Co., Ltd.
• SUPREMA
• INMODE
• United Pharmacy, LLC.
• Noven Pharmaceuticals, Inc.
• Novo Nordisk India Pvt Ltd
• Defy Medical and others

Key Developments in the Market:
• In October 2018, TherapeuticsMD, Inc., announced the launch of their bioidentical hormone combo Bijuva which is the first bioidentical combo hormone therapy drug that is approved by The main aim of the launch is to reach some 3,000 high-volume compounding pharmacies to garner their interest in replacing their compounded bioidentical estradiol and progesterone with Bijuva. Bijuva offers bio-identical estradiol to reduce moderate to severe hot flashes combined with bio-identical progesterone to reduce risks to the endometrium.
• In December 2018, Pellecome announced the launch of their new treatment for weight loss to be used with its advanced pellet delivery system, similar to the bioidentical hormone replacement therapy. These pellets are inserted under the skin and absorbs by the body over a period of time. This new advanced therapy is easier, safer, reliable and convenient way of treatment for patients

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Segmentation: Global Bioidentical Hormones Market
By Types
• Estrogens
• Progesterone
• Testosterone
• others

By Product Types
• Tablets & Capsules
• Creams & Gels
• Injectable
• Patches & Implants

By End Users
• Hospital
• Clinics
• Others

Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Competitive Analysis: Global Bioidentical Hormones Market
Global bioidentical hormones market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bioidentical hormones market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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