Hormone Replacement Therapy Market is valued at USD 21.04 Billion in 2020 and expected to reach USD 36.54 Billion by 2027 with the CAGR of 8.20% over the forecast period.
Global Hormone Replacement Therapy Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027– The growing awareness on post-menopausal issues among women is one of the major factors driving the growth of Global Hormone Replacement Therapy Market.
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Scope of Global Hormone Replacement Therapy Market Report-
Hormone replacement therapy is a treatment used to release symptoms of the menopause. The main advantage is that it is a very effective method of controlling menopausal symptoms, and it can make an important difference to a woman’s quality of life and security. Hormone replacement therapy can also reduce a woman’s risk of developing osteoporosis and cancer of the colon and rectum. Additionally, hormones are secreted predominantly from the endocrine glands and absorbed into the bloodstream. The hormones that have been most commonly utilised in hormone replacement therapy are progesterone, estrogen, testosterone, adrenal hormones, DHEA, thyroid hormones, pregnenolone, melatonin, and human growth hormone. It is the most effective treatment for menopause symptoms. Systemic hormone replacement therapy helps in treating cancer, rheumatoid arthritis and other diseases. Moreover, this treatment is particularly favorable for patients with growth hormone deficiency, women nearing menopause and elderly people suffering from hypogonadism. It may also protect against osteoporosis.
Key Players for Hormone Replacement Therapy–
Global Hormone Replacement Therapy report covers prominent player’s Abbott Laboratories, Novo Nordisk, Novartis, Merck Serono, Bayer Healthcare, Eli Lilly, Mylan Laboratories, Roche, Genentech, Orion Pharma AB, Allergen Plc and others.
North America is expected to dominate the global hormone replacement therapy market due to the increasing awareness about the hormonal replacement therapy And Increasing number of women’s which have menopause problems in this region. For example, National Center for Biotechnology Information, in the United States, approximately 1.3 million women become menopausal each year and, 1% of women experience premature menopause before the age of 40. The Asia Pacific is expected to experience surge of demand too, owing to the factors such as increased awareness levels among the end users and improving healthcare infrastructure. Rising geriatric population is one of the primary factors responsible for the growth of the hormonal replacement therapy market in the Europe.
Key Benefits for Global Hormone Replacement Therapy Market Report-
Global hormone replacement therapy market report covers in depth historical and forecast analysis.
Global hormone replacement therapy market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global hormone replacement therapy market report helps to identify opportunities in market place.
Global hormone replacement therapy market report covers extensive analysis of emerging trends and competitive landscape.
Global Hormone Replacement Therapy Market Segmentation:–
By Product:
Estrogen Replacement Therapy
Human Growth Hormone Replacement Therapy
Thyroid Replacement Therapy
Testosterone Replacement Therapy
By Administration:
Oral
Parenteral
Transdermal
By Disease:
Menopause
Hypothyroidism
Male Hypothyroidism
Growth Hormone Deficiency
Cancer
Others
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