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Latest Report Of Indian Hormone Replacement Therapy (HRT) Market Growth, Opportunities, Risk, Challenges, Gross Margin, Covid-19 Outbreaks

03-01-2023 07:07 PM CET | Health & Medicine

Press release from: Prudent Markets

Indian Hormone Replacement Therapy (HRT) Market

Indian Hormone Replacement Therapy (HRT) Market

Report Overview

Indian HRT market size stood at around USD XX billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of XX% during the forecast period.

For many years, women have been prescribed estrogen with or without Progestin Hormone Replacement Therapy (HRT) to relieve some of the symptoms of menopause. India has a large population, which has already crossed the 1 billion mark with 71 million people over 60 years of age and the number of menopausal women about 43 million. Its estimated the population in India will be 1.4 billion, people over 60 years 173 million, and the menopausal population 103 million. Average age of menopause is 47.5 years in Indian women with an average life expectancy of 71 years.HRT has gained ground in India, with an increasing number of women, mostly from metropolitan regions, opting for HRT to deal with menopausal symptoms, like osteoporosis, osteopenia, hot flushes, mood swings, sexual dysfunction, etc on medical advice. Over 50 million Indian women are of menopausal age, but alternative treatments for their symptoms, ranging from antidepressants to bioidentical hormones, are limited in efficacy or scope.The rise in prevalence of menopausal disorder and increase in awareness about post-menopausal issues among women. In addition, new launches of hormone replacement therapy are expected to notably contribute toward the hormone replacement therapy market growth.

Market Drivers

The significant factors that contribute toward the growth of the hormone replacement therapy market include a rise in the prevalence of menopausal disorder and an increase in awareness about post-menopausal issues among women. New launches of hormone replacement therapy are expected to contribute to the hormone replacement therapy market growth notably. However, adverse effects of hormone replacement therapy and the high cost of treatment are anticipated to hamper the market growth during the forecast period. On the contrary, the introduction of bioidentical hormone replacement therapy and leveraging telemedicine for hormone replacement therapy are expected to provide the remunerative opportunity to expand the hormone replacement therapy market.

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Major Players.

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. The key players in the Indian market for hormone replacement therapy are Novo Nordisk A/S, Pfizer Inc, AbbVie Inc, Merck KGaA, Endo Pharmaceuticals Solutions Inc, Allergan, Eli Lilly and Company, Mithra Pharmaceuticals, Amgen and others.

The report delivers the challenges in front of the Indian Hormone Replacement Therapy (HRT) Market 2023 that allows a better understanding of the market providing a helpful comprehensive evaluation and clear-cut dynamics associated with this market. The analyst has studied the current market scenario while concentrating on the new business objectives with the lucrative opportunities that are available. This report includes changes in customer requirements, customer preferences, and the vendor landscape in the industry with key factors that are expected to influence the overall dynamics of the Indian Hormone Replacement Therapy (HRT)s Market including the current trends, growth opportunities, restraints, and market drivers.

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Market Segmentation

By Hormone Type:

Based on the hormone type, the market is segmented into Estrogen replacement therapy, Growth hormone replacement therapy, Thyroid replacement therapy, and Others. The estrogen hormone replacement therapy segment dominated the overall demand for hormone replacement therapy in terms of revenue. Estrogen replacement therapy is used in women during post-menopause or hysterectomy and helps them maintain the hormonal balance. Human growth hormone therapy is expected to witness the fastest growth over the forecast period due to rising incidences of growth deficiencies, particularly in infants.

By Route of Administration:

Based on the route of administration, the market for hormone replacement therapy is segmented into parenteral, oral tablets, transdermal patches, and others. The parenteral segment dominated the overall market in terms of revenue share in 2019. The oral route of administration is mainly preferred for testosterone drugs.

Major Players.

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. The key players in the Indian market for hormone replacement therapy are Novo Nordisk A/S, Pfizer Inc, AbbVie Inc, Merck KGaA, Endo Pharmaceuticals Solutions Inc, Allergan, Eli Lilly and Company, Mithra Pharmaceuticals, Amgen and others.

The Indian Hormone Replacement Therapy (HRT) Market report is an easy-to-understand document giving section-wise details about the global market. Starting with the brief outline of the overall market, it will put forth the all-inclusive evaluated market statistics and different parameters for the forecast period. The report covers numerous aspects of the Indian Hormone Replacement Therapy (HRT) market divided into product kind, application, and end-use, offering the report to assist the customers in improving their ability to make precise decisions related to the business under the Indian Hormone Replacement Therapy (HRT) Market.

International Market Players will use the correct market facts and figures and applied math studies provided within the report back to perceive this and future growth of the worldwide Electrophoretic Indian Hormone Replacement Therapy (HRT) market. Each section of the research study is specially prepared to explore key aspects of the global Indian Hormone Replacement Therapy (HRT) Market. Buyers of the report will have access to accurate PESTLE, SWOT, and other types of analysis on the global Indian Hormone Replacement Therapy (HRT) market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.

This post-pandemic business planning research will aid clients to:
• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

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Get full copy of 225+ pages research report (Inclusion of updated research on COVID-19) on United States Region at $1500 and, Europe region at $2000. Get in touch with our sales team, who will guarantee you a report that suits your needs.

Our qualified team of researchers, analysts, and consultants use in-depth qualitative research, quantitative research, and the latest recognized research techniques to offer an unrivaled level of detail and value to your research activities. Our market and competitive intelligence can be utilized by teams across multiple departments, including sales and business development, marketing, to:

• Access the latest information on potential competitors and customers through a comprehensive database
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• Compare financial trends between competitor companies
• Get to know about mergers and acquisitions
• Explore the strengths and weaknesses of companies cross-industry
• Improve your business modeling

Strategic Points Covered in Table of Content of Global Indian Hormone Replacement Therapy (HRT) Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian Hormone Replacement Therapy (HRT) market
Chapter 2: Exclusive Summary - the basic information of the Indian Hormone Replacement Therapy (HRT) Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian Hormone Replacement Therapy (HRT)
Chapter 4: Presenting the Indian Hormone Replacement Therapy (HRT) Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian Hormone Replacement Therapy (HRT) market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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