Pharmaceuticals

Global Drugs For Hormonal Replacement Therapy Market Size, Forecasts, And Opportunities

December 13, 2021 by The Business Research Company

Learn about the global drugs for hormonal replacement therapy market through The Business Research Company, which provides information on drugs for hormonal replacement therapy market size, drugs for hormonal replacement therapy market drivers and restraints, drugs for hormonal replacement therapy market players, the COVID-19 impact on the drugs for hormonal replacement therapy market, and more.

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The global drugs for hormonal replacement therapy market is expected to grow from $14.76 billion in 2020 to $14.88 billion in 2021 at a compound annual growth rate (CAGR) of 0.8%. The slow growth is mainly due to deferring treatments that led to fall in the demand for drugs. The drugs for hormonal replacement therapy market are expected to reach $16.77 billion in 2025 at a CAGR of 3%.

Increasing population of aging and postmenopausal women is expected to drive innovation in drugs for hormonal replacement therapy, thus driving the market during the forecast period.

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The drugs for hormonal replacement therapy market consists of sales of drugs for hormonal replacement therapy and related services. The drugs for hormonal replacement therapy are used to treat patients with growth hormone deficiency caused due to conditions such as dwarfism or menopause (a condition which describes changes a woman goes through when her menstruating cycle stops). The drugs for hormonal replacement therapy help to replace low level hormones from the body, maintain growth hormone deficiency and prevent women from vaginal dryness, mood swings, weakening of bones and others.

Global drugs for hormonal replacement therapy market segments include:

By Therapy Type: Estrogen Replacement Therapy, Human Growth Hormone (HGH) Replacement Therapy, Thyroid Replacement Therapy, Testosterone Replacement Therapy

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

By Application: Hypothyroidism, Male Hypogonadism, Growth Hormone Deficiency, Menopause, Others

By Route of Administration: Oral, Parental, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Companies in the industry are increasingly developing of drugs for hormonal replacement therapy with better safety profiles and novel drug delivery mechanisms. The drug delivery mechanisms include transdermal estrogen, vaginal estrogen and others. Transdermal estrogen drug delivery is in the form of estradiol transdermal gel, patch, and spray that are used to treat symptoms of menopause, vaginal dryness, itching, burning and others occur due to low estrogen levels. Vaginal estrogen in the form of cream, vaginal ring, vaginal tablets are used to get the hormone estrogen into the system.

TBRC’s drugs for hormonal replacement therapy market report covers:

Major Market Players: Novartis AG, Bayer AG, Pfizer Inc., Novo Nordisk A/S, and Eli Lilly and Company.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Drugs For Hormonal Replacement Therapy Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides drugs for hormonal replacement therapy market overviews, analyzes and forecasts market size, share, drugs for hormonal replacement therapy market players, drugs for hormonal replacement therapy market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s drugs for hormonal replacement therapy market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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