U.S. Hormone Replacement Therapy Market Size & Outlook
U.S. hormone replacement therapy market, 2018-2030 (US$M)
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U.S. hormone replacement therapy market highlights
- The U.S. hormone replacement therapy market generated a revenue of USD 7,762.0 million in 2022 and is expected to reach USD 12,574.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
- In terms of segment, estrogen and progesterone replacement therapy was the largest revenue generating product in 2022.
- Estrogen and Progesterone Replacement Therapy 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 7,762.0 million |
| Market revenue in 2030 | USD 12,574.7 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Estrogen and progesterone replacement therapy |
| Fastest growing segment | Estrogen and Progesterone Replacement Therapy |
| 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 |
| 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, U.S. accounted for 36.5% 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 North America, U.S. hormone replacement therapy market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,007.8 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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U.S. 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 54.69% in 2022. Horizon Databook has segmented the U.S. hormone replacement therapy market based on estrogen and progesterone replacement therapy, hgh replacement therapy, thryoid hormone replacement therapy, testosterone replacement therapy covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. hormone replacement therapy market generated the largest revenue share in North America in 2021. Economic stability of the country and supportive reimbursement policies are contributing to the adoption of expensive therapies.
Better healthcare infrastructure and reimbursement policies are expected to increase the adoption of hormone replacement therapies in the coming years. For instance, around 25% of children receive insurance coverage under the Children's Health Insurance Program (CHIP) for GHD.
However, the percentage of patients with GHD covered under Medicaid is higher than private insurers. According to American Thyroid Association (ATA), thyroid disorders are common conditions in the U.S. More than 12.0% of the population suffers from these conditions in their lifetime.
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Target buyers of U.S. hormone replacement therapy market databook
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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. hormone replacement therapy market , including forecasts for subscribers. This country databook contains high-level insights into U.S. hormone replacement therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. hormone replacement therapy market size, by product, 2018-2030 (US$M)
U.S. Hormone Replacement Therapy Market Outlook Share, 2022 & 2030 (US$M)
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