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Hormone Replacement Therapy Market Share, Size, Industry Growth Rate, Development Status and Regional Trends Forecast to 2019-2024

Hormone Replacement Therapy

The “Hormone Replacement Therapy Market” report 2019 provides a comprehensive analysis of Hormone Replacement Therapy industry by types, applications, key players and regions. It shows the Hormone Replacement Therapy market 2019-2024 by production, consumption, supply, gross margin, the revenue of the industry. Additionally, the Hormone Replacement Therapy market report covers the details of market size, share, and growth rate of the market with respect to regions.

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Competitor Analysis:

Hormone Replacement Therapy market includes the following leading manufacturers on the basis of sales, revenue, price, and gross margin.

  • Abbott Laboratories
  • Bayer AG
  • Eli Lilly and Company
  • F. Hoffmann
  • La Roche
  • Hisamitsu Pharmaceutical Co. Inc.
  • Merck KGaA
  • Mylan NV
  • Novartis AG
  • Novo Nordisk AS
  • Pfizer Inc.

    Market Overview:

  • The market for hormone replacement therapy is expected to witness a CAGR of approximately 6.5%, over the forecast period. Certain factors that are positively affecting the market growth are increasing awareness on post-menopausal issues among women, rise in drug development with novel delivery systems, and hormonal imbalance disorders with rising geriatric population.
  • Hormonal imbalance disorders, with an increase in the geriatric population, is one of the major factors responsible for the growth of the market studied. With various kinds of hormonal changes, the female body predominantly gets affected by the natural process of aging, leading to abnormalities and diseases. Some of the common problems include weight gain, memory decline, fatigue, low libido, aging appearance, and muscle loss.
  • The most frequently reported consequence of age-related hormonal changes occurs in cases related to menopause. The global average onset age for menopause among women is approximately 50 years. In women, by the age of 50 years and above, the production levels of estrogen and progesterone decrease significantly. The decrease in production levels of estrogen and progesterone are compensated by the pituitary gland, with the increased production of follicle stimulating hormone (FSH). This is physically manifested in women in the form of post-menopause symptoms, which include flush. In the United States, up to 10% of women are diagnosed with polycystic ovary syndrome (PCOS), nearly 6% of married women below the age of 45 years suffer from infertility, and nearly 8% men under the age of 45 years receive fertility treatment during their lifetime.
  • These factors associated with age lead to the rising demand for HRT, thus driving the market studied.

    Hormone Replacement Therapy market report presents in-depth analysis regarding the development, current trends, industry policies and regulations implemented in each of the geographical region. It includes analysis of upstream raw materials, downstream demand, and current market dynamics. Furthermore, the Hormone Replacement Therapy market report provides in-depth insight of Hormone Replacement Therapy industry during 2019-2024.

    Scope of the Report:

  • Hormone replacement therapy (HRT) is a treatment technique for replacing and/or replenishing hormones in the human body, which are at inadequate levels than those required for the normal physiology of the human body. The most prominent application of HRT is in the treatment of symptom alleviation of menopause.

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    Key Market Trends:

    In Therapy Segment, Estrogen Replacement Therapy is Expected to Show the Fastest Growth, over the Forecast Period

    The most common form of estrogen replacement therapy (ERT) is oral medication. Besides, ERT is also available in the commercial market, in the form of pills, patches, and suppositories.

    The most prominently consumed oral ERT variants include conjugated estrogens (Premarin), estradiol (Estrace), and Estratab. ERTs are an effective treatment option for female patients suffering from menopause symptoms. However, there are several side effects associated with the usage of ERTs. Oral ERTs are associated with strokes, blood clots, and some cases of cancer. These side effects have been well documented in the form of moderate-severe adverse drug reactions (ADRs).

    These ADRs are expected to cause some erosion in the popularity of ERTs. However, their adoption rate is expected to increase over the forecast period, globally, due to the increasing prevalence of hormonal imbalance issues among the geriatric people and pregnant women.

    United States Holds the Largest Share in the North American Region

    Rising geriatric population is one of the primary factors responsible for the growth of the hormonal replacement therapy market in the United States.

    According to the National Institutes of Health (NIH), almost half of all the postmenopausal women in the United States reported having used HRT at least once in their life. The conjugated equine estrogens (CEE)/bazedoxifene tablet, a combination of estrogen and a selective estrogen receptor modulator, is available in the United States for menopausal VMS treatment and osteoporosis prevention.

    Three organizations, namely, the American College of Obstetricians and Gynecologists, the North American Menopause Society (NAMS), and the Endocrine Society, have produced guidelines on the use of HRT during menopause. As of 2016, there were 15 producers of estrogens and eight producers of progestins. In 2016, the top-selling HRT-based drug was Premarin, with a market share greater than 50% among HRTs. Consequently, Premarin became the fifth most prescribed drug in the country.

    Overall, the market for HRT in the United States is scheduled for high growth over the forecast period. The major drivers of this market are expected to increase the adoption of HRT among women, for both post-menopausal and menopause management.

    Reasons to Buy Hormone Replacement Therapy Market Report:

    • Analysis of Hormone Replacement Therapy market including revenues, future growth, market outlook
    • Historical data and forecast of Hormone Replacement Therapy industry
    • Hormone Replacement Therapy market report covers regional analysis including growth estimates
    • To analyze the end user markets including growth estimates
    • Profiles on laboratory balance including products, sales/revenues, and market position
    • Includes Hormone Replacement Therapy market structure, market drivers, opportunities, and restraints.

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    Hormone Replacement Therapy Market Report Covers the Following Questions:

    • What trends, challenges and barriers are influencing its growth?
    • What is the and regional outlook for Hormone Replacement Therapy market?
    • Who are the key players, and what are their strategies?
    • What is the status of Hormone Replacement Therapy status worldwide?
    • What are the Hormone Replacement Therapy market challenges to market growth? 
    • What are the Hormone Replacement Therapy market challenges to market growth? 
    • What are the types and applications of Hormone Replacement Therapy ?
    • What is the market share of each type and application? 

    Detailed TOC of Hormone Replacement Therapy Market 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Awareness on Post-menopausal Issues among Women
    4.2.2 Rise in Drug Development with Novel Delivery Systems
    4.2.3 Hormonal Imbalance Disorders with Rising Geriatric Population
    4.3 Market Restraints
    4.3.1 High Cost of Hormone Replacement Therapy
    4.3.2 Substantial Risk of Cancer Associated with Hormone Replacement Therapy
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Therapy
    5.1.1 Estrogen Hormone Replacement
    5.1.2 Growth Hormone Replacement
    5.1.3 Thyroid Hormone Replacement
    5.1.4 Testosterone Replacement
    5.2 By Route of Administration
    5.2.1 Oral
    5.2.2 Parenteral
    5.2.3 Other Routes of Administration
    5.3 By Disease
    5.3.1 Menopause
    5.3.2 Hypothyroidism
    5.3.3 Growth Hormone Deficiency
    5.3.4 Other Diseases
    5.4 Geography
    5.4.1 North America
    5.4.1.1 United States
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 United Kingdom
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Abbott Laboratories
    6.1.2 Bayer AG
    6.1.3 Eli Lilly and Company
    6.1.4 F. Hoffmann-La Roche
    6.1.5 Hisamitsu Pharmaceutical Co. Inc.
    6.1.6 Merck KGaA
    6.1.7 Mylan NV
    6.1.8 Novartis AG
    6.1.9 Novo Nordisk AS
    6.1.10 Pfizer Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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