Brazil Human Growth Hormone Market Size & Outlook

The human growth hormone market in Brazil is expected to reach a projected revenue of US$ 283.3 million by 2030. A compound annual growth rate of 12.8% is expected of Brazil human growth hormone market from 2024 to 2030.
Revenue, 2023 (US$M)
$122.0
Forecast, 2030 (US$M)
$283.3
CAGR, 2024 - 2030
12.8%
Report Coverage
Brazil

Brazil human growth hormone market, 2018-2030 (US$M)

Brazil

Brazil human growth hormone market highlights

  • The Brazil human growth hormone market generated a revenue of USD 122.0 million in 2023 and is expected to reach USD 283.3 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
  • In terms of segment, growth hormone deficiency was the largest revenue generating application in 2023.
  • Growth Hormone Deficiency is the most lucrative application segment registering the fastest growth during the forecast period.

Human growth hormone market data book summary

Market revenue in 2023USD 122.0 million
Market revenue in 2030USD 283.3 million
Growth rate12.8% (CAGR from 2023 to 2030)
Largest segmentGrowth hormone deficiency
Fastest growing segmentGrowth Hormone Deficiency
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTurner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome, Small for Gestational Age, Other Applications, Growth Hormone Deficiency
Key market players worldwideNovo Nordisk A/S ADR, Eli Lilly and Co, Pfizer Inc, Sandoz Group AG ADR, Roche, Ferring, Ipsen SA, Teva Pharmaceutical Industries Ltd

Other key industry trends

  • In terms of revenue, Brazil accounted for 1.9% of the global human growth hormone market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil human growth hormone market is projected to lead the regional market in terms of revenue in 2030.
  • Argentina is the fastest growing regional market in Latin America and is projected to reach USD 150.7 million by 2030.

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Brazil human growth hormone market size, by application, 2018-2030 (US$M)

Brazil Human Growth Hormone Market Outlook Share, 2023 & 2030 (US$M)

Brazil human growth hormone market size, by application, 2018-2030 (US$M)

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