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Men's Health Therapeutics Market: Introduction of gel formulations for testosterone replacement therapy (TRT) has helped this market to grow healthily
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The global men’s health therapeutics market can be segmented into various therapies for erectile dysfunction, male hypogonadism, premature ejaculation (PE) and prostate cancer. According to the Journal of the American Medical Association, androgen replacement therapy has increased in the last decade. The introduction of gel formulations for testosterone replacement therapy (TRT) has helped this market to grow healthily. The global men’s health therapeutics market is expected to witness significantly high growth in the coming years owing to men’s health issues related to infertility and prostate cancer.
Geographically, the global men’s health therapeutics market is segmented into four major regions, namely, North America, Europe, Asia- Pacific and Rest of the World.North America is the biggest market for these drugs owing to aging baby boomer population, increased life expectancy and high degree of awareness among people. Asia-Pacific is expected to impact men’s therapeutic market significantly with double-digit growth rate due to incidences of ‘low fertility’ in the several countries such as South Korea, Singapore, Japan, and Indonesia. These countries have fertility rate far below 1.5 while the United States has fertility rate of 2.1 births per woman.
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Some of the players in the global men’s therapeutics market include ASKA Pharmaceutical Co., Ltd, Access Pharmaceuticals, Inc., CordexPharma, Inc., Intas Pharmaceuticals Ltd., Pantarhei Bioscience BV, Trophogen, Inc., and ZydusCadila Healthcare Ltd.
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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