PUBLISHER: Value Market Research | PRODUCT CODE: 1352942
PUBLISHER: Value Market Research | PRODUCT CODE: 1352942
The global demand for Hormone Replacement Therapy Market is presumed to reach the market size of nearly USD 45.55 BN by 2030 from USD 23.68 BN in 2022 with a CAGR of 8.52% under the study period 2023 - 2030.
Hormone replacement therapy (HRT) is a therapy used to treat women suffering from menopause issues. The harmones in such pateints are at inadequate levels compared to those required for the normal physiology of the human body. Hormone replacement therapy improves and extends the lives of many older women, whether initiated at menopause or much later. Hormone replacement therapy helps older women maintain their estrogen levels.
A surge in menopausal discomfort and increased awareness about post-menopausal issues among women are expected to influence the hormone replacement therapy market growth to a great extent. The growth in the geriatric population is another reason for high demand of this therapy. Along with this, the launch of new hormone replacement therapy products is anticipated to drive market growth. Furthermore, the technological innovations in drug delivery systems could also positively impact the hormone replacement therapy market in the next few years. In addition, increased awareness about hormone replacement therapy is also expected to drive market growth. However, the high price associated with hormonal replacement therapy treatment may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hormone replacement therapy. The growth and trends of hormone replacement therapy industry provide a holistic approach to this study.
This section of the hormone replacement therapy market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Hormone Replacement Therapy market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hormone replacement therapy market include Bayer AG, Pfizer Inc., Merck & Co. Inc., Viatris Inc., Novo Nordisk A/S, Eli Lilly and Company, F. Hoffmann-La Roche Ltd, Noven Pharmaceuticals Inc., ASCEND Therapeutics US LLC., AbbVie Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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