Biosimilar Hormones Market Analysis by Key Development Factors, Latest Trends, Market Size, Share and Global Outlook and Forecast 2020-2030

The Business Research Company offers "Biosimilar Hormones Global Market Report 2020-30: COVID 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global biosimilar hormones market is expected to decline from $2.05 billion in 2019 to $1.94 billion in 2020 at a compound annual growth rate (CAGR) of -5.18%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $4.10 billion in 2023 at a CAGR of 28.34%.

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The biosimilar hormones market consists of sales of biosimilar hormones by entities that engage in manufacturing biosimilar hormones. These hormones are used when patients have a drop in hormones in their bodies or are unbalanced. Only goods and services traded between entities or sold to end consumers are included.

The prevalence of deficiencies in growth hormones and metabolic hormones contributes to the market. The treatments required for hormone-related conditions are evolving over the years and the prevalence of hormonal deficiencies is generating higher demand for the hormone biosimilars market. For instance, according to the Italian Journal of Pediatrics, the prevalence of growth hormone deficiency (GHD) in childhood widely varies between 1 out of 3480 and 1 out of 30,000 children annually. In children, the growth hormone can influence bone mineralization and lead to several metabolic effects, including glucose and lipid homeostasis. Annually, about 6,000 adults are diagnosed with growth hormone (GH) deficiency in the USA. The growing need to treat patients with prevailing hormonal deficiencies drives the biosimilar hormones market.

Biosimilar Hormones Market Segmentation: -
By Type
Teriparatide Biosimilars
Follitropin Alfa Biosimilars
Insulin Biosimilars
Somatropin Biosimilars
Others

By Application
Research & biotechnology
Diagnostics
Biocatalysts
Therapeutics
Others

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Few Points From Table Of Content
1. Executive Summary
2. Biosimilar Hormones Market Characteristics
3. Biosimilar Hormones Market Size And Growth
4. Biosimilar Hormones Market Segmentation
5. Biosimilar Hormones Market Regional And Country Analysis
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25. Biosimilar Hormones Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Biosimilar Hormones Market
27. Biosimilar Hormones Market Trends And Strategies
28. Biosimilar Hormones Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Biosimilar Hormones Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Biosimilar Hormones Market are Teva Pharmaceutical, Gedeon Richter, Intas Pharmaceuticals, Biocon, Mylan, Sanofi.

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