The Testosterone Replacement Therapy Global Market Report 2023, provides comprehensive information on the testosterone replacement therapy market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Testosterone Replacement Therapy Market’s Growth:
The global testosterone replacement therapy market size is expected to grow from $1.75 billion in 2022 to $1.85 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global testosterone replacement therapy market size is expected to reach $2.22 billion in 2027 at a CAGR of 4.6%.
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Product Innovation has emerged as the key trend gaining popularity in the testosterone replacement therapy market. Major companies operating in the testosterone replacement therapy market are developing innovative products to strengthen their position in the market. For instance, in December 2021, Acesis BioMed, a US-based biomedical company, introduced ACE-167, a non-steroidal oral peptide therapy to treat low testosterone and hypogonadism. ACE-167 is peptide therapy to treat low testosterone and hypogonadism by directing the body’s cells to naturally create testosterone as a contrast to anabolic steroids that have serious side-effects and a high potential for abuse as performance-enhancing drugs in testosterone treatment.
The testosterone replacement therapy market is segmented:
1) By Product Type: Oral, Implants, Gel Or Creams, Patches, Buccal Adhesive, Parenteral, Other Products
2) By Indication: Hypogonadism, Autoimmune Conditions, Genetic Disorders, Sex Organ Surgeries, Other Indications
3) By Active Ingredient Type: Testosterone, Methyl Testosterone, Testosterone Undecanoate, Testosterone Enanthate, Testosterone Cypionate
4) By End User: Hospitals, Clinics, Other End-User
North America was the largest region in the testosterone replacement therapy market in 2022.
The table of contents in TBRC’s testosterone replacement therapy market report includes:
1. Executive Summary
2. Testosterone Replacement Therapy Market Characteristics
3. Testosterone Replacement Therapy Market Trends And Strategies
4. Testosterone Replacement Therapy Market – Macro Economic Scenario
5. Testosterone Replacement Therapy Market Size And Growth
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26. Africa Testosterone Replacement Therapy Market
27. Testosterone Replacement Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Testosterone Replacement Therapy Market29. Testosterone Replacement Therapy Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- AbbVie Inc
- Acerus Pharmaceuticals Corporation
- Antares Pharma Inc
- Bayer AG
- BioTE Medical LLC
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