Global demand for Hormone Replacement Therapy is expected to grow 7.1% year on year to US$ 12 billion in 2032.
Outlook for the Hormone Replacement Therapy Market by Region The Global Hormone Replacement Therapy market is divided into seven key regions based on geography: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and the Middle East and Africa. North America has a larger market for Hormone Replacement Therapy, with the United States representing the largest market due to the increasing use of Hormone Replacement Therapy among patients aged 35 and up.
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The availability of compounded drugs i.e. drugs in varied strengths, dosage forms, etc – is a major factor, which tends to boost the revenue growth of this extremely popular treatment market. Early onset of aging coupled with rising disposable income levels are other important factors fuelling market revenue growth.Asia region is expected to have more growth rate in upcoming years because of increasing awareness about Hormone Replacement Therapy in this region. In Asia region India, China, Japan are expected to have more growth rate for Hormone Replacement Therapy.
Hormone Replacement Therapy is any form of hormone therapy where in the patient, in course of medical treatment, receives hormones, either to supplement a lack of naturally occurring hormones, or to substitute other hormones for naturally occurring hormones.Menopause, is the time in most women’s lives when menstrual periods stop permanently, and the woman is no longer able to have children. Menopause typically occurs between 45 and 55 years of age. Medical professionals defined by a decrease in hormone production by the ovaries.
In those who have had surgery to remove the uterus but still have ovaries, menopause generally occurs at the time of the surgery or when hormone levels fall. Following the removal of the uterus, symptoms typically occur earlier at the average of 45 years of age.Estrogen and progesterone are female hormones that play important roles in a woman’s body. Falling levels cause a range of physical and emotional symptoms, including hot flushes, mood swings and vaginal dryness. The aim of hormone replacement therapy is to restore female hormone levels, allowing the body to function normally again.
Hormone Replacement Therapy Market: Key Players
Some of the key market players in Global Hormone Replacement Therapy market are Bayer AG, Pfizer, Merck co., BioSante Pharmaceuticals and Amgen, QuatRx Pharmaceuticals, Noven Pharmaceuticals.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply Demand
- Pipeline Assessment
- Current Trends/Issues/Challenges
- Competition Companies involved
- Technology
- Value Chain
