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Gonadotropin-Releasing Hormone (GnRH) Agonist Market Report, Size, Share, Growth, Forecast to 2033
Gonadotropin-Releasing Hormone (GnRH) Agonist Market
The new report published by The Business Research Company, titled Gonadotropin-Releasing Hormone (GnRH) Agonist Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the gonadotropin-releasing hormone (GnRH) agonist market size has grown steadily in recent years. It will grow from $3.99 billion in 2023 to $4.1 billion in 2024 at a compound annual growth rate (CAGR) of 2.7%. The gonadotropin-releasing hormone (GnRH) agonist market size is expected to see steady growth in the next few years. It will grow to $4.6 billion in 2028 at a compound annual growth rate (CAGR) of 2.9%.
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What Is Driving The Growth Of The Global Gonadotropin-Releasing Hormone (GnRH) Agonist Market?
Rising Prevalence Of Hormone-Related Diseases Drives Growth In The Gonadotropin-Releasing Hormone (GnRH) Agonist Market
The increasing prevalence of hormone-related diseases is expected to propel the growth of the gonadotropin-releasing hormone (GnRH) agonist market going forward. Hormone-related disorders are medical conditions caused by imbalances or dysfunctions in the endocrine system, which produces and regulates hormones. It includes diseases such as diabetes, hyperthyroidism, and prostate cancer. The rising incidence of hormone-related diseases are caused due to environmental factors, obesity and metabolic syndrome, genetics, and the aging population. Gonadotropin-releasing hormone (GnRH) agonists carefully manage hormone levels and offer a tailored approach to treating problems associated with hormonal imbalances and dependent diseases. For instance, in June 2024, according to a report published by the Centers for Disease Control and Prevention (CDC), a US-based public health agency, in the United States in 2021, there were 236,659 newly diagnosed cases of prostate cancer, and in 2022, 33,363 men died from this disease. Therefore, the increasing prevalence of hormone-related diseases is driving the growth of the gonadotropin-releasing hormone (GnRH) agonist market.
What Is The Key Trend In The Global Gonadotropin-Releasing Hormone (GnRH) Agonist Market?
Advancements In Oral Androgen Deprivation Therapy For Advanced Prostate Cancer
Major companies operating in the gonadotropin-releasing hormone (GnRH) agonist market are developing advanced androgen deprivation therapy drugs to enhance the effectiveness and precision of treatment for hormone-sensitive cancers. androgen deprivation therapy (ADT) drugs, including gonadotropin-releasing hormone (GnRH) analogs, reduce or eliminate androgen levels to slow or halt hormone-sensitive cancer growth. For instance, in January 2024, Zydus Lifesciences Limited, an India-based pharmaceutical company, launched Relugolix under the brand name Rexigo. It is India's first and only once-daily oral therapy for testosterone suppression in advanced prostate cancer, eliminating the need for injectable treatments. This convenient oral option features Relugolix, a globally recognized active ingredient that delivers rapid testosterone suppression. Rexigo is 50% more affordable than existing injectable alternatives for advanced prostate cancer in India. Its introduction represents a major advancement in prostate cancer care, offering a safe, effective, and user-friendly treatment choice for both patients and healthcare providers.
How Is The Global Gonadotropin-Releasing Hormone (GnRH) Agonist Market Segmented?
The gonadotropin-releasing hormone (GnRH) agonist market covered in this report is segmented -
1) By Type: Leuprorelin, Goserelin, Taltirelin, Histrelin, Other Types
2) By Formulation: Injectable, Implants, Oral, Nasal Sprays
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
4) By Application: Prostate Cancer, Breast Cancer, Endometriosis, Uterine Fibroids, Precocious Puberty, Fertility Treatment, Other Applications
5) By End-User: Hospital, Specialty Clinics, Ambulatory Surgical Centers (ASCs), Other End-Users
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How Is The Competitive Landscape Of The Global Gonadotropin-Releasing Hormone (GnRH) Agonist Market?
Major companies operating in the gonadotropin-releasing hormone (GnRH) agonist market are Pfizer Inc., AbbVie Inc., Takeda Pharmaceutical Company Limited, Sandoz Group AG, Ipsen Pharma, Aurobindo Pharma Limited, Cipla Limited, Dr Reddy's Laboratories Ltd., Intas Pharmaceuticals Ltd., Ferring Pharmaceuticals, Amneal Pharmaceuticals Inc., Endo International plc, Lupin Limited, Gland Pharma Limited, Glenmark Pharmaceuticals Ltd., Zydus Lifesciences Limited, Bachem Holding AG, Tolmar Pharmaceuticals Inc., Debiopharm Group, Sun Pharmaceutical Industries Ltd.
Contents Of The Global Gonadotropin-Releasing Hormone (GnRH) Agonist Market
1. Executive Summary
2. Gonadotropin-Releasing Hormone (GnRH) Agonist Market Report Structure
3. Gonadotropin-Releasing Hormone (GnRH) Agonist Market Trends And Strategies
4. Gonadotropin-Releasing Hormone (GnRH) Agonist Market - Macro Economic Scenario
5. Gonadotropin-Releasing Hormone (GnRH) Agonist Market Size And Growth
…..
27. Gonadotropin-Releasing Hormone (GnRH) Agonist Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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