PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1389757
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1389757
Hormone Replacement Therapy Market Introduction and Overview
According to SPER Market Research, 'Hormone Replacement Therapy Market Size- By Therapy Type, By Route of Administration, By Indication, By Distribution Channel, By End Use- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Hormone Replacement Therapy Market is predicted to reach USD 63.47 billion by 2033 with a CAGR of 5.32%.
Hormone replacement therapy (HRT) is the use of hormones to supplement the human body's natural hormone production if it is insufficient. Patients who are deficient in thyroid or human growth hormone, for example, may benefit from hormone replacement treatment. Furthermore, menopausal women were regularly prescribed HRT to alleviate symptoms such as hot flushes, night sweats, sleep problems, psychological and Genito-urinary concerns (urinary frequency and vaginal dryness), and to prevent osteoporosis.
Furthermore, for the hormone replacement therapy, throughout the projection period, COVID-19 had a significant impact on the hormone replacement therapy sector. Drug launches have been cancelled and clinical trials have been postponed as a result of the shift in healthcare infrastructure to manage COVID-19. Patients with COVID-19 who had raised hormone levels during their hospitalisation were found to have a higher risk of disease severity and inflammation in both men and women.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Therapy Type, By Route of Administration, By Indication, By Distribution Channel, By End Use
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered Abbott Laboratories, Bayer AG, Eli Lilly and Company, F. Hoffmann-La Roche Ltd., Hisamitsu Pharmaceutical Co., Inc., Noven Pharmaceuticals, Inc., Merck KGA, Mylan N.V., Novartis International AG, Novo Nordisk A/S, and Pfizer Inc.
Hormone Replacement Therapy Market Segmentation:
By Route of Administration: Based on the Route of Administration, Global Hormone Replacement Therapy Market is segmented as; Oral, Parenteral, Others.
By Indication: Based on the Indication, Global Hormone Replacement Therapy Market is segmented as; Menopause, Hypothyroidism, Male hypogonadism, Growth hormone deficiency, Others.
By Distribution Channel: Based on the Distribution Channel, Global Hormone Replacement Therapy Market is segmented as; Hospital Pharmacies, Online Pharmacy, Retail Pharmacy.
By End Use: Based on the End Use, Global Hormone Replacement Therapy Market is segmented as; Hospitals, Homecare, Speciality Clinics, Others.