Press release
Hormone Replacement Therapy Market to Exhibit a CAGR of 6.0% by 2026; Rising Prevalence of Thyroid Disorders to Spur Demand, states Fortune Business Insights™
The global hormone replacement therapy market size is predicted to reach USD 20.76 billion by 2026, exhibiting a CAGR of 6.0% during the forecast period. The increasing cases of hormone-related disorders in both men and women of different age groups will spur demand for hormone replacement therapy, which in turn, will boost the hormone replacement therapy market growth during the forecast period. In addition, the increasing prevalence of disorders such as growth deficiency, thyroid disorders, and others will create new sales opportunities for the market in the forthcoming years.Request a Sample Copy of the Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/hormone-replacement-therapy-hrt-market-102543
According to the report published by Fortune Business Insights, titled “Hormone Replacement Therapy Market Size, Share & Industry Analysis, By Therapy Type (Estrogen and Combinations Replacement Therapy, Growth Hormone Replacement Therapy, Thyroid Hormone Replacement Therapy, and Testosterone Replacement Therapy), By Indication (Menopause, Hypothyroidism, Male Hypogonadism, and Growth Hormone Deficiency), By Route of Administration (Oral, Transdermal, and Parenteral), By Distribution Channel (Hospital Pharmacies, Retails Pharmacies & Stores, and Others), and Regional Forecast, 2019-2026” the market size stood at USD 13.00 billion in 2018. The global hormone replacement therapy market report focuses and elaborates the definition, types, applications and major players in detail. Deep analysis about market status, competition pattern, enterprise, advantages and disadvantages of enterprise products, industry development trends, regional industrial layout characteristics and macroeconomic policies, industrial policy has also been studied and provided within the synopsis. From raw materials to downstream buyers of this industry has been analyzed scientifically, the feature of product circulation and sales channel is presented as well. This report is aimed at helping companies, investors and potential shareholders along with venture capitalists establish a bird’s eye view prospect of industrial development and characteristics of the market. The report also benefits its readers by providing the unrivalled data in well-organized manner.
The Report List the Main Companies in the Hormone Replacement Therapy Market
Novo Nordisk A/S
Pfizer Inc.
AbbVie Inc.
Merck KGaA
Endo Pharmaceuticals Solutions Inc.
Allergan
Eli Lilly and Company
Mithra Pharmaceuticals
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Completive Landscape
Approval of Lupin’s Hypothyroidism Treatment Drug by USFDA to Bolster Growth
Lupin Limited, a multinational pharmaceutical company based in Mumbai, Maharashtra, India announced that it has received the approval from the United States Food and Drug Administration (USFDA) to market the tablets for its Levothyroxine Sodium Tablets USP, 25 mcg, 50 mcg, 75 mcg, 88 mcg, 100 mcg, 112 mcg, 125 mcg, 137 mcg, 150 mcg, 175 mcg, 200 mcg, and 300 mcg from the United States Food and Drug Administration (FDA) to market a generic version of AbbVie, Inc’s Synthroid Tablets, 25 mcg, 50 mcg, 75 mcg, 88 mcg, 100 mcg, 112 mcg, 125 mcg, 137 mcg, 150 mcg, 175 mcg, 200 mcg, and 300 mcg. The approval of the novel drugs by the USFDA will be a critical factor in boosting the hormone replacement therapy market revenue during the forecast period due to its use as replacement therapy in primary (thyroidal), secondary (pituitary), and tertiary (hypothalamic) congenital or acquired hypothyroidism. Moreover, Lupin’s spokesperson said in statement, “The product is a generic version of AbbVie Inc's Synthroid tablets in the same strengths. Furthermore, the growing incidence of menopausal disorders in the developing countries among women will impel companies to launch novel therapeutics, which in turn, will aid the market development.
Regional Analysis
High Rate Of Hormone Deficiency Disorders to Facilitate Growth in North America
The market in North America generated a revenue of USD 6.89 billion in 2018 and is expected to grow rapidly during the forecast period. The growth in the region is attributed to the rising prevalence of menopause disorders and growing incidence of hormone deficiency disorders. The increasing awareness regarding the therapies among patients will also support growth in the region. Europe is expected to account for a high share in the forthcoming years owing to the surge in hormonal disorders in women. The increasing cases of menopausal disorders and geriatric population suffering from the hypothyroidism will fuel demand for hormone replacement therapy in the region.
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Table of Content
Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Pipeline Analysis
Key Industry Developments- Mergers, Acquisitions, and Collaborations
Key Market Trends
Global Hormone Replacement Therapy (HRT) Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Therapy Type
Estrogen and combinations replacement
Thyroid replacement
Growth replacement
Testosterone
Market Analysis, Insights and Forecast – By Indication
Menopause
Hypothyroidism
Male hypogonadism
Growth hormone deficiency
Market Analysis, Insights and Forecast – By Route of Administration
Oral
Transdermal
Parenteral
Market Analysis, Insights and Forecast – By Distribution Channel
Hospitals Pharmacies
Retail Pharmacies & Stores
Online Pharmacies
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
ToC Continue…
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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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