Key Trend Reshaping the Synthetic Hormones Market in 2025: Driving Sustainability In Syngas Production With Low Carbon Solutions

What market dynamics are playing a key role in accelerating the growth of the synthetic hormones market?
The synthetic hormones market's growth is set to be driven by augmenting cases of hormonal imbalances. Hormonal imbalance, characterized by either an excess or deficiency of a certain hormone in the bloodstream, can be triggered by numerous factors such as aging, stress-related issues, various medical conditions, or due to certain lifestyle habits. This results in disruption of the typical hormone production and regulation within the human body. Synthetic hormones are introduced to either supplement or replace the natural hormones, thereby helping in regulating body functions and managing symptoms linked to the surplus or scarcity of hormones. For example, the NHS Business Services Authority in the UK reported that there were approximately 7.80 million items of hormone replacement therapy (HRT) prescribed in England in 2022. This represented a 35.0% boost from the figures recorded in the previous year. Consequently, the rise in the prevalence of hormonal imbalances is aiding the progression of the synthetic hormones market.

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How will the growth rate of the synthetic hormones market shape industry trends by 2034?
The market size for synthetic hormones has seen robust growth in the past few years. It is projected to increase from $6.38 billion in 2024 to $6.77 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.2%. This growth during the historic period is credited to the use of synthetic hormones for animal growth promotion, performance boost, environmental influence, fertility therapies, and the management of menopausal symptoms.

In the coming years, the market size of synthetic hormones is predicted to experience consistent growth, reaching a value of $8.15 billion in 2029 with a compound annual growth rate (CAGR) of 4.7%. This expansion during the projected period can be linked to the growing transgender healthcare market, increased spending on healthcare and insurance coverage, regulatory authorizations, and the wide-ranging applications of synthetic hormones. Key trends expected during this period comprise the rise in plant-based hormone therapy, incorporation of hormone therapy in anti-aging treatments, advancements in drug delivery technology, and the emphasis on hormone-free birth control.

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What trends are poised to drive the future success of the synthetic hormones market?
Key players in the synthetic hormone market, such as recombinant human growth hormone manufacturers, are concentrating their efforts on creating novel products to enhance their market profitability. This synthetic growth hormone is utilized to address growth hormone deficiencies in both children and adults, along with certain medical conditions linked to this deficiency. To illustrate, Pfizer Inc., an American pharmaceutical company, and OPKO Health Inc., a firm specializing in medical tests and medication in the US, acquired marketing approval for NGENLA (somatrogon) injections on a weekly basis in the European Union in February 2022. These injections serve to treat growth hormone deficiency in children and adolescents aged three years and above. This new, long-lasting injection offers an option for those experiencing growth issues due to inadequate growth hormone emission. As NGENLA has a longer effect duration in the body compared to daily growth hormone injections, it can be administered subcutaneously once a week.

Which primary segments of the synthetic hormones market are driving growth and industry transformations?
The synthetic hormones market covered in this report is segmented -

1) By Product Type: Steroid Hormones, Peptide Hormone, Amino Acid Derivatives, Other Product Types
2) By Route of Administration: Oral, Nasal, Topical, Intravenous
3) By Application: Growth Hormone Deficiency, Thyroid Hormone Deficiency, Menopause, Male Hypogonadism, Other Applications
4) By End User: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

Subsegments:
1) By Steroid Hormones: Corticosteroids, Estrogens and Progesterone, Androgens, Progestins
2) By Peptide Hormones: Insulin, Growth Hormones, Thyroid Stimulating Hormones, Leptin
3) By Amino Acid Derivatives: Thyroxine (T4), Epinephrine (Adrenaline), Melatonin, Serotonin
4) By Other Product Types: Vitamin D Derivatives, Prostaglandins, Gonadotropins

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North America was the largest region in the synthetic hormones market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the synthetic hormones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the synthetic hormones market landscape?
Major companies operating in the synthetic hormones market are Pfizer Inc., Johnson & Johnson, AbbVie Inc., Bristol Myers Squibb Company, Sanofi SA, AstraZeneca PLC, Novartis AG, GlaxoSmithKline PLC, Gilead Sciences Inc., Boehringer Ingelheim International GmbH, Novo Nordisk A/S, Merck & Co. Inc., Teva Pharmaceutical Industries Ltd., Ferring B.V., Endo Pharmaceuticals Inc., Lupin Pharmaceuticals Inc., IBSA Institute Biochimique SA, American Regent Inc., McGuff Pharmaceuticals Inc., Anhui Anke Biotechnology Co.Ltd., Lyndra Therapeutics Inc., Acerus Pharmaceuticals Corporation, Arch BioPartners Inc., Slayback Pharma LLC

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What Is Covered In The Synthetic Hormones Global Market Report?

•Market Size Forecast: Examine the synthetic hormones market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the synthetic hormones market for a structured understanding.
•Key Players Overview: Analyze major players in the synthetic hormones market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the synthetic hormones market.
•Segment Contributions: Evaluate how different segments drive overall growth in the synthetic hormones market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the synthetic hormones market.
•Industry Challenges: Identify potential risks and obstacles affecting the synthetic hormones market.
•Competitive Landscape: Review strategic developments in the synthetic hormones market, including expansions, agreements, and new product launches.

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