UAE Hormone Replacement Therapy Market Size & Outlook
UAE hormone replacement therapy market, 2018-2030 (US$M)
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UAE hormone replacement therapy market highlights
- The UAE hormone replacement therapy market generated a revenue of USD 59.3 million in 2022 and is expected to reach USD 97.4 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
- In terms of segment, estrogen and progesterone replacement therapy was the largest revenue generating product in 2022.
- Parathyroid Hormone replacement is the most lucrative product segment registering the fastest growth during the forecast period.
Hormone replacement therapy market data book summary
| Market revenue in 2022 | USD 59.3 million |
| Market revenue in 2030 | USD 97.4 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Estrogen and progesterone replacement therapy |
| Fastest growing segment | Parathyroid Hormone replacement |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, UAE accounted for 0.3% of the global hormone replacement therapy market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa hormone replacement therapy market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 97.4 million by 2030.
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Hormone Replacement Therapy Market Scope
Hormone Replacement Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE hormone replacement therapy market outlook
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 57.84% in 2022. Horizon Databook has segmented the UAE 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.
Hormonal replacement therapy market in the UAE is expected t o exhibit lucrative market growth over the forecast period. The market growth can be attributed to increased awareness about target diseases, availability of hormone replacement therapy treatment, and rising geriatric population.
According to National Library of Medicine (July 2020) , around 41% of women used Menopausal Hormonal Therapy (MHT) t o treat symptoms, 45% of women said MHT was a good treatment, and 2 5% had a negative response regarding the use of MHT in Abu Dhabi, UAE.
In addition, women between the ages o f 4 5 and 5 5 experience menopause. According to World Bank Data (2020), i n the UAE, there are around 41,966 women aged 65 and above. Thus, rising geriatric women population is anticipated to increase the prevalence o f menopause, thereby driving market growth over the forecast period.
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Our clientele includes a mix of hormone replacement therapy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE hormone replacement therapy market , including forecasts for subscribers. This country databook contains high-level insights into UAE hormone replacement therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE hormone replacement therapy market size, by product, 2018-2030 (US$M)
UAE Hormone Replacement Therapy Market Outlook Share, 2022 & 2030 (US$M)
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