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Hormone Replacement Therapy Market - Detailed Analysis of Current Industry Figures with Forecasts Growth By 2023
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Advances in drug delivery systems to be a key trend in the hormone replacement therapy market over 2017 to 2023
Currently, a majority of the companies operating in the global hormone replacement therapy market are focusing on needle free delivery of drugs, such devices are easy to use and self-administered by the patients. Moreover, the more emphasise has been given on development cost effective drug delivery methods by reducing number of visits to hospitals or clinics. The use of injections for delivery of drugs or medicine have cited several disadvantages such as risk of disease transmission, contamination of the needles and needle phobia among the patients. This in turn is likely to pave avenues in the growth of needle free drug delivery in the years to come.
Americas region to remain the largest Hormone replacement therapy market
Based on region, the hormone replacement therapy market is segmented into Americas, Europe, Asia-Pacific, and ROW. Americas was the largest hormone replacement therapy market and it is driven by high growth from the U.S. and South American countries such as Brazil. Moreover growing population, growing awareness about hormone replacement therapies in the emerging markets of Asia-Pacific is likely to augment the market size of hormone replacement therapies in the Asia-Pacific region over the next six years, as a result the demand for hormone replacement therapy is likely to surge over the next 6 years.
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Companies profiled in the report
The report profiles some of the key companies in the hormone replacement therapy marketAmgen, Genentech, Novo Nordisk, Wyeth, Bayer, MED-EL, Eli Lily, Merck & Co., Mylan Laboratories, Pfizer and others.
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