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Comprehensive Human Growth Hormone Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
How Are the key drivers contributing to the expansion of the human growth hormone market?The growing awareness of treatment procedures is expected to drive the growth of the human growth hormone (HGH) market. The increasing awareness of health treatments, fueled by advancements in medical technology and greater access to health information, is enhancing public interest in HGH treatments. For example, the 2022 National Survey on Drug Use and Health reported that 56.8% of adolescents with major depressive episodes received treatment in 2022, highlighting the growing attention to treatment procedures. Therefore, the rise in awareness is contributing to the HGH market's growth.
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What growth opportunities are expected to drive the human growth hormone market's CAGR through 2034?
The human growth hormone market will grow from $4.75 billion in 2024 to $5.23 billion in 2025 at a CAGR of 10.1%, driven by rising growth disorder prevalence, hormone therapy awareness, sports medicine expansion, an aging population, and improving healthcare infrastructure.
The Human Growth Hormone Market is expected to grow to $7.6 billion by 2029, at a CAGR of 9.8%. Growth factors include the rise of personalized medicine, increasing healthcare spending, adoption of recombinant DNA technology, and demand for hormone replacement therapies. Trends include AI-driven drug development, sustainable manufacturing, long-acting formulations, and combination therapy innovations.
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What are the emerging trends shaping the future of the human growth hormone market?
Companies in the human growth hormone market are emphasizing drug development and approvals to improve their offerings and provide better treatment solutions. For example, in June 2023, Pfizer Inc. and OPKO Health Inc., both US-based biopharmaceutical companies, announced FDA approval for NGENLA (somatrogon-ghla), a growth hormone treatment with a more convenient weekly dosing regimen. This approval, supported by Phase 3 studies, provides children with growth hormone deficiency the option to reduce injections from daily to once a week, improving adherence and convenience.
Which growth-oriented segments of the human growth hormone market are leading the industry's development?
The human growth hormone market covered in this report is segmented -
1) By Product: Liquid, Powder
2) By Brand: Norditropin, Genotropin, Humatrope, Saizen, Omnitrope, Skytrofa, Others Brands
3) By Route Of Administration: Oral, Intravenous, Intramuscular, Subcutaneous
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacy, Specialty Pharmacy
5) By Application: Growth Hormone (GH) Deficiency, Adult Growth Hormone (GH) Deficiency, Pediatric Growth Hormone (GH) Deficiency, Turner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome, Small For Gestational Age, Other Applications
Subsegments:
1) By Liquid: Pre-Filled Liquid Syringes, Vials Of Liquid Growth Hormone
2) By Powder: Reconstitutable Powder, Freeze-Dried Powder
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What regions are leading the charge in the human growth hormone market?
North America was the largest region in the human growth hormone market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the human growth hormone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the human growth hormone market?
Major companies operating in the human growth hormone market are Pfizer Inc., Roche Holding AG, Novartis AG, Thermo Fisher Scientific Inc., Eli Lilly and Company, Novo Nordisk A/S, Merck KGaA, Teva Pharmaceutical Industries Ltd., Sandoz International GmbH, Ipsen Pharma, Ferring Holding SA, Endo International, Zydus Lifesciences Limited, Opko Health, LG Life Sciences, EMD Serono Inc., Wockhardt Ltd., JCR Pharmaceuticals Co. Ltd., Genentech Inc., Shanghai United Imaging Healthcare Co. Ltd., SOFAR S.p.A., United Laboratories, Ascendis Pharma, Uni-Pharma S.A., Versartis Inc., Reliance Life Sciences, Anhui Anke Biotechnology (Group) Co. Ltd., Rani Therapeutics
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What Is Covered In The Human Growth Hormone Global Market Report?
•Market Size Forecast: Examine the human growth hormone market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the human growth hormone market for a structured understanding.
•Key Players Overview: Analyze major players in the human growth hormone market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the human growth hormone market.
•Segment Contributions: Evaluate how different segments drive overall growth in the human growth hormone market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the human growth hormone market.
•Industry Challenges: Identify potential risks and obstacles affecting the human growth hormone market.
•Competitive Landscape: Review strategic developments in the human growth hormone market, including expansions, agreements, and new product launches.
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