Hormone Replacement Therapy Market: Growing Popularity and Emerging Trends | Novartis AG, Abbott Laboratories, Mylan NV, Merck KgaA, Bayer AG, Pfizer Inc., Novo Nordisk A/S, Teva Pharmaceutical Industries Ltd., Amgen, Inc., and Eli Lilly and Company

Stratagem Market Insights has announced the addition of the "Hormone Replacement Therapy Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Hormone Replacement Therapy Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

Hormone replacement therapy is used when human body is not able to produce enough hormones. It is used for the treatment for menopause, hypothyroidism, male hypogonadism, and growth hormone deficiency conditions.
Rising incidences of hormonal imbalance disorders and increasing geriatric and neonatal population suffering from these diseases are expected to boost growth of the market. According to the statistics provided by the American Congress of Obstetricians and Gynecologists, around 6,000 women reach menopause on a daily basis in U.S.

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Market Dynamics:

Increasing number of people suffering from hypogonadism and rising adoption of testosterone products in various economies is expected to propel overall growth of the market. According to the data published in the European Association of Urology Journal: 2017, testosterone prescription trends in the U.S. exhibited an increase between 1.8- and 4-fold over the last two decades (1997 - 2017). Moreover, from 2000 to 2011, there was a 4.3-fold increase in testosterone testing when compared to a 3.7-fold increase in prescriptions.

Rising number of generic versions of hormone replacement therapies by various manufacturers will drive growth of the market in terms of volume and value. For instance, Teva Pharmaceutical Industries Ltd. launched the generic Axiron1 (testosterone) topical solution CIII, 30 mg/1.5 mL, in the U.S. on August 18, 2017 to treat adult males who have low or no testosterone due to certain medical conditions. This solution was supplied in a metered dose pump with an underarm applicator.

However, high cost associated with the replacement therapy and complex reimbursement scenario that causes excluding of the therapy from coverage by insurers, as it is a rare disease, hampers growth of the hormone replacement therapy market.

The Key Manufacturers covered in this Report:-

o Novartis AG
o Abbott Laboratories
o Mylan NV
o Merck KgaA
o Bayer AG
o Pfizer Inc.
o Novo Nordisk A/S
o QuatRx Pharmaceuticals
o Teva Pharmaceutical Industries Ltd.
o Amgen, Inc.
o Eli Lilly and Company

Market Segmentation:

Global Hormone Replacement Therapy Market, By Therapy Type:
o Estrogen Replacement Therapy
o Human Growth Hormone (HGH) Replacement Therapy
o Thyroid Replacement Therapy
o Testosterone Replacement Therapy

Global Hormone Replacement Therapy Market, By Route of Administration:
o Oral
o Parenteral
o Others

Global Hormone Replacement Therapy Market, By Application:
o Hypothyroidism
o Male Hypogonadism
o Growth Hormone Deficiency
o Menopause
o Others

Global Hormone Replacement Therapy Market, By Distribution Channel:
o Hospital Pharmacies
o Retail Pharmacies
o Online Pharmacies

Hormone Replacement Therapy Market: Regional Analysis:

o North America : USA, Canada and Mexico etc.
o Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
o The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
o Europe: Germany, France, the UK, Russia, and Italy
o South America: Brazil, Argentina, Columbia, etc.

Global Hormone Replacement Therapy Market Report includes Detailed TOC points:

1 Introduction

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Hormone Replacement Therapy Market

2 Market Segmentation
3 Market Overview

3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players

4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Hormone Replacement Therapy Market, By Type
8 Global Hormone Replacement Therapy Market, by Application
9 Global Hormone Replacement Therapy Market, By Deployment
10 Global Hormone Replacement Therapy Market, By End User
11 Global Hormone Replacement Therapy Market, By Distribution Channel
12 Global Hormone Replacement Therapy Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

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