Hormone Replacement Therapy Market to Reach USD 20.76 Billion by 2026; Increasing Cases of Hormone-Related Disorders to Augment Growth, states Fortune Business Insights™

(The Express Wire via Comtex)

The global hormone replacement therapy market size is predicted to reach USD 20.76 billion by 2026, exhibiting a CAGR of 6.0% during the forecast period. The increasing cases of hormone-related disorders in both men and women of different age groups will spur demand for hormone replacement therapy, which in turn, will boost the hormone replacement therapy market growth during the forecast period. In addition, the increasing prevalence of disorders such as growth deficiency, thyroid disorders, and others will create new sales opportunities for the market in the forthcoming years.

The report covers:

  • Global Hormone Replacement Therapy Market trends, with detailed analysis on consumer trends and manufacturer trends.
  • Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
  • Key areas of investments identifying market opportunities and challenges in forecast timeframe.
  • Competitive analysis of the industry players along with the overview on strategic management.
  • Comprehensive company profiles of the major industry players.

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Leading Players operating in the Hormone Replacement Therapy Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

  • Novo Nordisk A/S
  • Pfizer Inc.
  • AbbVie Inc.
  • Merck KGaA
  • Endo Pharmaceuticals Solutions Inc.
  • Allergan
  • Eli Lilly and Company
  • Mithra Pharmaceuticals

Completive Landscape

Approval of Lupin’s Hypothyroidism Treatment Drug by USFDAto Bolster Growth

Lupin Limited, a multinational pharmaceutical company based in Mumbai, Maharashtra, India announced that it has received the approval from the United States Food and Drug Administration (USFDA) to market the tablets for its Levothyroxine Sodium Tablets USP, 25 mcg, 50 mcg, 75 mcg, 88 mcg, 100 mcg, 112 mcg, 125 mcg, 137 mcg, 150 mcg, 175 mcg, 200 mcg, and 300 mcg from the United States Food and Drug Administration (FDA) to market a generic version of AbbVie, Inc’s Synthroid Tablets, 25 mcg, 50 mcg, 75 mcg, 88 mcg, 100 mcg, 112 mcg, 125 mcg, 137 mcg, 150 mcg, 175 mcg, 200 mcg, and 300 mcg. The approval of the novel drugs by the USFDA will be a critical factor in boosting the hormone replacement therapy market revenue during the forecast period due to its use as replacement therapy in primary (thyroidal), secondary (pituitary), and tertiary (hypothalamic) congenital or acquired hypothyroidism. Moreover, Lupin’s spokesperson said in statement, “The product is a generic version of AbbVie Inc's Synthroid tablets in the same strengths. Furthermore, the growing incidence of menopausal disorders in the developing countries among women will impel companies to launch novel therapeutics, which in turn, will aid the market development.

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Regional Analysis

High Rate Of Hormone Deficiency Disorders to Facilitate Growth in North America

The market in North America generated a revenue of USD 6.89 billion in 2018 and is expected to grow rapidly during the forecast period. The growth in the region is attributed to the rising prevalence of menopause disorders and growing incidence of hormone deficiency disorders. The increasing awareness regarding the therapies among patients will also support growth in the region. Europe is expected to account for a high share in the forthcoming years owing to the surge in hormonal disorders in women. The increasing cases of menopausal disorders and geriatric population suffering from the hypothyroidism will fuel demand for hormone replacement therapy in the region.

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Detailed Table of Content:

  1. Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  4. Key Insights
    • Pipeline Analysis
    • Key Industry Developments- Mergers, Acquisitions, and Collaborations
    • Key Market Trends
  5. Global Hormone Replacement Therapy (HRT) Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast By Therapy Type
      • Estrogen and combinations replacement
      • Thyroid replacement
      • Growth replacement
      • Testosterone
    • Market Analysis, Insights and Forecast By Indication
      • Menopause
      • Hypothyroidism
      • Male hypogonadism
      • Growth hormone deficiency
    • Market Analysis, Insights and Forecast By Route of Administration
      • Oral
      • Transdermal
      • Parenteral
    • Market Analysis, Insights and Forecast By Distribution Channel
      • Hospitals Pharmacies
      • Retail Pharmacies and Stores
      • Online Pharmacies
    • Market Analysis, Insights and Forecast By Region
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East and Africa
  1. North America Hormone Replacement Therapy (HRT) Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis By Therapy Type
      • Estrogen and combinations replacement
      • Thyroid replacement
      • Growth replacement
      • Testosterone
    • Market Analysis By Indication
      • Menopause
      • Hypothyroidism
      • Male hypogonadism
      • Growth hormone deficiency
    • Market Analysis By Route of Administration
      • Oral
      • Transdermal
      • Parenteral
    • Market Analysis By Distribution Channel
      • Hospitals Pharmacies
      • Retail Pharmacies and Stores
      • Online Pharmacies
    • Market Analysis By Country
      • S.
      • Canada
  1. Europe Hormone Replacement Therapy (HRT) Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis By Therapy Type
      • Estrogen and combinations replacement
      • Thyroid replacement
      • Growth replacement
      • Testosterone
    • Market Analysis By Indication
      • Menopause
      • Hypothyroidism
      • Male hypogonadism
      • Growth hormone deficiency
    • Market Analysis By Route of Administration
      • Oral
      • Transdermal
      • Parenteral
    • Market Analysis By Distribution Channel
      • Hospitals Pharmacies
      • Retail Pharmacies and Stores
      • Online Pharmacies
    • Market Analysis By Country/ sub-region
      • K.
      • Germany
      • France
      • Spain
      • Italy
      • Scandinavia
      • Rest of Europe

Continued...

Report Focus:

  • Extensive product offerings
  • Customer research services
  • Robust research methodology
  • Comprehensive reports
  • Latest technological developments
  • Value chain analysis
  • Potential Hormone Replacement Therapy Market opportunities
  • Growth dynamics
  • Quality assurance
  • Post-sales support
  • Regular report updates

Reasons to Purchase this Report:

  • Comprehensive analysis of the Hormone Replacement Therapy Market growth drivers, obstacles, opportunities, and other related challenges.
  • Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
  • Identifies market restraints and boosters.
  • Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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