Press release
Global Bioidentical Hormones Market Growth by Top Company, Application, Driver, Trends & Forecasts by 2024
Bioidentical Hormones Market Forecast to 2024 with Global Key Companies, Strategies
The global bioidentical hormones market is accounted for USD 282.4 million in 2016 growing at a CAGR of 5.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Bioidentical hormones are hormones that are identical with endogenous hormones on a molecular level. Bioidentical hormones are used in hormone replacement therapy. Few specific hormones used in Bioidentical hormone replacement therapy include estrone, estradiol, progesterone, testosterone, dehydroepiandrosterone and estriol.
Major market drivers and restraints:
• Increasing geriatric population
• Growing screening for hormonal deficiency
• Rising awareness
Market Segmentation:
By Type
• Estrogens
• Progesterone
• Testosterone
By Product Types
• Tablets & Capsules
• Creams & Gels
• Injectable
• Patches & Implants
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End User
• Hospital
• Clinics
On the basis of geography, global bioidentical hormones market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis:
The global bioidentical hormones market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bioidentical hormones market for global, Europe, North America, Asia Pacific and South America.
Full Report: http://databridgemarketresearch.com/reports/global-bioidentical-hormones-market/
Major Market Competitors:
Some of the major players operating in global bioidentical hormones market are Abbott, AbbVie, Inc., ALLERGAN, Bayer, Novartis AG, Novo Nordisk A/S, Orion Pharma AB, among others.
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Access Report: http://databridgemarketresearch.com/reports/global-plasma-therapy-market/
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Market scenario
Bio identical hormones are biochemically the same as those made our body naturally, unlike conventional hormone therapy that uses synthetic hormones or animal-based hormones.
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