Hormone Therapy Market - Growth, Strategy Analysis, And Forecast 2032

Market Size, Trends and Global

Forecast 2023-2032

Hormone Therapy Market Definition

Hormone therapy refers to a kind of treatment that alters, suppresses, or increases certain hormones in the body. Hormone therapy is used to treat hormonal imbalances such as hypothyroidism, and others.

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Hormone Therapy Market Characteristics:

The global hormone therapy market size is expected to grow from $17.34 billion in 2022 to $18.48 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The global hormone therapy market size is expected to grow to $23.65 billion in 2027 at a CAGR of 6.4%.

Key Market Drivers And Trends

Drivers Trends

A surge in the incidences of hormone imbalance disorders is significantly contributing to the growth of the hormone therapy market.

Product innovation is the key trend gaining popularity in the hormone therapy market.

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Hormone Therapy Global Market Segments:

The report covers the hormone therapy market’s segmentsBy Route of Administration

Estrogen Hormone

Replacement, Growth Hormone

Replacement, Thyroid Hormone

Replacement, Testosterone

Replacement

Oral, Parenteral

Menopause, Hypothyroidism, Growth Hormone

Deficiency

Hospitals Pharmacies, Retail Pharmacies

And Stores, Online Pharmacies

Major companies in the market include

Key Market Players

Abbott Laboratories

Bayer AG

Eli Lilly and Company

F. Hoffmann-La Roche

Merck KGaA

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