At what pace is the drugs for hormonal replacement therapy market growing, and what is its estimated value?
The drugs for hormonal replacement therapy market size has grown strongly in recent years. It will grow from $13.67 billion in 2024 to $14.45 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to aging population, increasing awareness, lifestyle factors, regulatory approvals, market globalization.
The drugs for hormonal replacement therapy market size is expected to see steady growth in the next few years. It will grow to $17.1 billion in 2029 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to rising incidence of hormonal disorders, healthcare infrastructure, increasing health consciousness, patient education and empowerment. Major trends in the forecast period include technological advancements, personalized medicine, research and development, personalized hormone therapy, alternative delivery methods, combination therapies, telemedicine and telehealth, digital health solutions.
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What are the top drivers to the rising demand in the drugs for hormonal replacement therapy market?
The increasing population of aging and postmenopausal women is driving the drugs for hormonal replacement therapy market. Hormonal replacement therapy drugs such as estrogen, progesterone, and others are used to treat medical conditions caused by menopausal conditions. For instance, in March 2024, according to the United States Census Bureau, a US-based government agency As of July 1, 2022, there were approximately 4.2 million females aged 85 and older in the United States. Thus, the growing female population suffering from menopausal symptoms and the aging population drive the growth of drugs for hormonal replacement therapy market.
How is the drugs for hormonal replacement therapy market segmented?
The drugs for hormonal replacement therapy market covered in this report is segmented –
1) By Therapy Type: Estrogen Replacement Therapy, Human Growth Hormone (HGH) Replacement Therapy, Thyroid Replacement Therapy, Testosterone Replacement Therapy
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
3) By Application: Hypothyroidism, Male Hypogonadism, Growth Hormone Deficiency, Menopause, Other Applications
Subsegments:
1) By Estrogen Replacement Therapy: Oral Estrogen Therapy (Estradiol, Conjugated Estrogens), Transdermal Estrogen Therapy (Estradiol Patches), Estrogen Implants, Vaginal Estrogen Therapy (Creams, Tablets, Rings)
2) By Human Growth Hormone (HGH) Replacement Therapy: Recombinant Human Growth Hormone (Somatropin), Synthetic Growth Hormone Preparations, HGH Injections
3) By Thyroid Replacement Therapy: Levothyroxine Sodium (Synthetic T4), Liothyronine Sodium (Synthetic T3), Combination Therapy (T4 and T3), Natural Desiccated Thyroid (Armour Thyroid)
4) By Testosterone Replacement Therapy: Injectable Testosterone (Testosterone Enanthate, Testosterone Cypionate), Transdermal Testosterone (Patches, Gels), Oral Testosterone (Testosterone Undecanoate), Buccal Testosterone, Testosterone Implants
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Who are the top competitors in the drugs for hormonal replacement therapy market?
Major companies operating in the drugs for hormonal replacement therapy market include Novartis AG, Bayer AG, Pfizer Inc., Novo Nordisk AS, Eli Lilly and Company, Abbott Laboratories, Mylan N.V., Merck & Co., Hisamitsu Pharmaceutical Co. Inc., Teva Pharmaceutical Industries Ltd., F. Hoffmann-La Roche Ltd., Noven Pharmaceuticals Inc., Orion Pharma AB, Allergan Plc, QuatRx Pharmaceuticals, Wyeth Ltd., Amgen Inc., Genentech USA Inc., TherapeuticsMD Inc., Viatris Inc., AbbVie Inc., GlaxoSmithKline plc, Sanofi S.A., Johnson & Johnson Services Inc., AstraZeneca plc, Bristol-Myers Squibb Company, Boehringer Ingelheim International GmbH, Takeda Pharmaceutical Company Limited
What significant trends should we anticipate in the drugs for hormonal replacement therapy market over the forecast period?
Major companies operating in the hormonal replacement therapy market are focusing on developing solutions with technological advancement, such as new hormone replacement therapy, designed for postmenopausal women with a uterus. New Hormone Replacement Therapy (HRT) refers to innovative treatments designed to replace or balance hormones in the body, typically when natural hormone levels decline due to aging or medical conditions.For instance, in June 2023, Pfizer., a US-based pharmaceutical industry company, launched DUAVEE® (conjugated estrogens/bazedoxifene) for the treatment of moderate to severe vasomotor symptoms associated with menopause, such as hot flashes, and for the prevention of postmenopausal osteoporosis. It offers unique features such as that it combines conjugated estrogens with bazedoxifene, a selective estrogen receptor modulator (SERM), instead of a progestin. This innovative pairing helps to reduce the risk of endometrial hyperplasia, which can occur with estrogen-alone therapies, thereby providing a safer option for women with a uterus experiencing menopausal symptoms.
Which regional trends are influencing the drugs for hormonal replacement therapy market, and which area dominates the industry?
North America was the largest region in the drugs for hormonal replacement therapy market in 2023. The Middle East is expected to be the fastest-growing region in the drugs for hormonal replacement therapy market during the forecast period. The regions covered in the drugs for hormonal replacement therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Drugs For Hormonal Replacement Therapy Market Report 2025 Offer?
The drugs for hormonal replacement therapy market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
The drugs for hormonal replacement therapy are used to treat patients with growth hormone deficiency caused due to conditions such as dwarfism or menopause (a condition that describes changes a woman goes through when her menstruating cycle stops). The drugs for hormonal replacement therapy help to replace low-level hormones from the body, maintain growth hormone deficiency and prevent women from vaginal dryness, mood swings, weakening of bones, and others.
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