Human Growth Hormone Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024

Description

Market Overview

The global human growth hormone (HGH) market is projected to reach $14,497.0 million by 2030, advancing at a compound annual growth rate (CAGR) of 15.2% from its estimated value of $6,199.8 million in 2024. This significant growth is primarily driven by the increasing prevalence of hormonal disorders and the robust product pipelines of pharmaceutical and biopharmaceutical companies worldwide.

The pituitary gland-produced peptide hormone plays a crucial role in stimulating growth during childhood and adolescence, influencing skeletal development and various metabolic processes. Advancements in recombinant DNA technology have facilitated the development of HGH therapies, enhancing their efficacy and safety profiles. Additionally, the approval and introduction of novel therapies, such as the FDA-approved somatrogon by Pfizer and OPKO Health Inc. in January 2021, are expected to further propel market expansion.

Key Insights

The HGH market is categorized into short-acting and long-acting products. The long-acting segment is anticipated to witness substantial growth due to the convenience of reduced dosing frequency, improving patient compliance. HGH therapies are utilized for various conditions, including growth hormone deficiency, Prader-Willi syndrome, Turner syndrome, and individuals small for gestational age. The increasing incidence of these disorders is contributing to the heightened demand for HGH treatments. Hospital pharmacies represent the largest distribution channel category, reflecting the critical role of healthcare institutions in administering HGH therapies. However, retail and online pharmacies are gaining traction, offering patients greater accessibility and convenience.

North America holds the largest share of the HGH market, attributed to advanced healthcare infrastructure and high awareness levels. Conversely, the Asia-Pacific region is expected to experience the fastest growth, driven by increasing healthcare investments and rising awareness of hormonal disorders. Ongoing research and development efforts are focused on creating HGH formulations with minimal side effects and enhanced therapeutic efficacy. Innovations in drug delivery systems and recombinant DNA technology are pivotal in shaping the future landscape of HGH therapies.

The HGH market is consolidated, with key players actively engaging in strategic initiatives such as product launches, collaborations, and mergers to strengthen their market positions. The introduction of novel therapies and expansion into emerging markets present significant opportunities for industry participants.

Product Code: 10435

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product type
- 1.4.2. Market size breakdown, by indication
- 1.4.3. Market size breakdown, by distribution channel
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Product Type (2019-2030)
6.3. Market Revenue, by Indication (2019-2030)
6.4. Market Revenue, by Distribution Channel (2019-2030)
6.5. Market Revenue, by Region (2019-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Product Type (2019-2030)
7.3. Market Revenue, by Indication (2019-2030)
7.4. Market Revenue, by Distribution Channel (2019-2030)
7.5. Market Revenue, by Country (2019-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Product Type (2019-2030)
8.3. Market Revenue, by Indication (2019-2030)
8.4. Market Revenue, by Distribution Channel (2019-2030)
8.5. Market Revenue, by Country (2019-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Product Type (2019-2030)
9.3. Market Revenue, by Indication (2019-2030)
9.4. Market Revenue, by Distribution Channel (2019-2030)
9.5. Market Revenue, by Country (2019-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Product Type (2019-2030)
10.3. Market Revenue, by Indication (2019-2030)
10.4. Market Revenue, by Distribution Channel (2019-2030)
10.5. Market Revenue, by Country (2019-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Product Type (2019-2030)
11.3. Market Revenue, by Indication (2019-2030)
11.4. Market Revenue, by Distribution Channel (2019-2030)
11.5. Market Revenue, by Country (2019-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Product Type (2019-2030)
12.3. Market Revenue, by Indication (2019-2030)
12.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Product Type (2019-2030)
13.3. Market Revenue, by Indication (2019-2030)
13.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Product Type (2019-2030)
14.3. Market Revenue, by Indication (2019-2030)
14.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Product Type (2019-2030)
15.3. Market Revenue, by Indication (2019-2030)
15.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Product Type (2019-2030)
16.3. Market Revenue, by Indication (2019-2030)
16.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Product Type (2019-2030)
17.3. Market Revenue, by Indication (2019-2030)
17.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Product Type (2019-2030)
18.3. Market Revenue, by Indication (2019-2030)
18.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Product Type (2019-2030)
19.3. Market Revenue, by Indication (2019-2030)
19.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Product Type (2019-2030)
20.3. Market Revenue, by Indication (2019-2030)
20.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Product Type (2019-2030)
21.3. Market Revenue, by Indication (2019-2030)
21.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Product Type (2019-2030)
22.3. Market Revenue, by Indication (2019-2030)
22.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Product Type (2019-2030)
23.3. Market Revenue, by Indication (2019-2030)
23.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Product Type (2019-2030)
24.3. Market Revenue, by Indication (2019-2030)
24.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Product Type (2019-2030)
25.3. Market Revenue, by Indication (2019-2030)
25.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Product Type (2019-2030)
26.3. Market Revenue, by Indication (2019-2030)
26.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Product Type (2019-2030)
27.3. Market Revenue, by Indication (2019-2030)
27.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Product Type (2019-2030)
28.3. Market Revenue, by Indication (2019-2030)
28.4. Market Revenue, by Distribution Channel (2019-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. Pfizer Inc.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. F. Hoffmann-La Roche AG
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Novo Nordisk A/S
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. Merck KGaA
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Eli Lilly and Company
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Novartis AG
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Teva Pharmaceutical Industries Ltd.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. AnkeBio Co. Ltd.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. Ipsen S.A.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Human Growth Hormone Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)