Market revenue in 2022 | USD 1,022.3 million |
Market revenue in 2030 | USD 1,634.9 million |
Growth rate | 6% (CAGR from 2022 to 2030) |
Largest segment | Estrogen and progesterone replacement therapy |
Fastest growing segment | Parathyroid Hormone replacement |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Estrogen and Progesterone Replacement Therapy, HGH replacement therapy, Thryoid hormone replacement therapy, Testosterone Replacement Therapy, Parathyroid Hormone replacement |
Key market players worldwide | Eli Lilly and Co, Bayer AG, Hisamitsu Pharmaceutical Co Inc, Pfizer Inc, Merck & Co Inc, Viatris Inc, Novo Nordisk A/S ADR, AbbVie Inc, Roche Holding AG ADR, Ascend Wellness Holdings Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hormone replacement therapy market will help companies and investors design strategic landscapes.
Estrogen and progesterone replacement therapy was the largest segment with a revenue share of 55.69% in 2022. Horizon Databook has segmented the Latin America hormone replacement therapy market based on estrogen and progesterone replacement therapy, hgh replacement therapy, thryoid hormone replacement therapy, testosterone replacement therapy, parathyroid hormone replacement covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America hormone replacement therapy market is characterized by growing prevalence of menopause, hypothyroidism, hypoparathyroidism, and Turner’s Syndrome due to a combination o f demographic, environmental, and socioeconomic problems.
Long-term adherence to GH treatment has a positive impact on the growth of the patient. As per a n article published by JMIR, (January 2022) , about 6 8%, 2 5%, and 7% of patients had high, intermediate, and low cohesion rates of GH treatment among 6,207 pediatric patients aged 2 to 18 years.
However, poor results are often related to low adherence to treatment. This high adherence declined between treatment times of 1 and 24 months from 8 9% to 59% & further ranged from 5 0% to 60% in the next 2 5 t o 48 months.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hormone replacement therapy market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hormone replacement therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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