Global Bioidentical Hormones Market, By Type (Estrogens, Progesterone, Testosterone, Combined Hormones, Others), Product Type (Tablets and Capsules, Creams and Gels, Injectable, Patches and Implants, Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), End User (Hospital, Gynecology Clinics, Academic and Research, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The bioidentical hormones market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 572.43 million by 2028 and is expected grow at a CAGR of 6.11% in the above mentioned forecast period.
Bioidentical hormones are the type of identical to endogenous hormones on a molecular level and are used in hormone replacement therapy. These hormones have capability to reduce hair thinning, fatigue, can improve sleep and can increase sex drive.
The rapid increase in geriatric population is amongst the significant factors expected to fuel the growth and demand of bioidentical hormones market. In addition, the rises in screening for hormonal deficiency and increase in the patient pool are also anticipated to push the growth in the global bioidentical hormones market over the forecast period of 2021 to 2028. Likewise, the rise in awareness among consumers about bioidentical hormones and increase in prevalence of hormonal imbalance disorders are also projected to lift the growth of the market. Furthermore, the rise in use of medications and high expenditure on the health care are also expected to act as significant factors which will flourish the growth of the bioidentical hormones market.
The rapid rise in the awareness among consumers about bioidentical hormones and increase in the income level of women are expected to offer significant growth opportunities for the bioidentical hormones market in the forecast period of 2021 to 2028.
However, the various side effects such as weight loss and blurred vision are estimated to limit the growth of the bioidentical hormones market, whereas, the high risk of heart attack and breast cancer can challenge the growth of the bioidentical hormones market.
This bioidentical hormones market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bioidentical hormones market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bioidentical Hormones Market Scope and Market Size
The bioidentical hormones market is segmented on the basis of type, product type, distribution channel and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the bioidentical hormones market is segmented into estrogens, progesterone, testosterone, combined hormones and others.
- Based on product type, the bioidentical hormones market is segmented into tablets and capsules, creams and gels, injectable, patches and implants and others.
- On the basis of distribution channel, the bioidentical hormones market is segmented into hospital pharmacies, retail pharmacies and online pharmacies
- The end user segment of the bioidentical hormones market is segmented into hospital, gynecology clinics, academic and research and others.
Bioidentical Hormones Market Country Level Analysis
The bioidentical hormones market is analyzed and market size insights and trends are provided by country, type, product type, distribution channel and end user as referenced above.
The countries covered in the bioidentical hormones market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the bioidentical hormones market owing to the large use of medications and high expenditure on the health care. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the high growth of healthcare sector in emerging economies such as India and China.
The country section of the bioidentical hormones market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The bioidentical hormones market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for bioidentical hormones market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the bioidentical hormones market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Bioidentical Hormones Market Share Analysis
The bioidentical hormones market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bioidentical hormones market.
The major players covered in the bioidentical hormones market report are SottoPelle, Novartis AG, Orion Pharma AB, Full Life Wellness Center, BioTE Medical, LLC, Merck KGaA, Pfizer Inc, TherapeuticsMD, Inc., Papillon Medical, United Pharmacy, LLC., Noven Pharmaceuticals, Inc., GEA Group Aktiengesellschaft, Novo Nordisk India Pvt Ltd., GeneScience Pharmaceuticals Co., Ltd., Actiza Pharmaceutical Private Limited, Defy Medical, Neuva Aesthetics, ZRT Laboratory, Bayer AG and Allergan among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Bioidentical Hormones Market
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