Europe Human Growth Hormone Market Size & Outlook

The human growth hormone market in Europe is expected to reach a projected revenue of US$ 4,155.4 million by 2030. A compound annual growth rate of 12.2% is expected of Europe human growth hormone market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,856.9
Forecast, 2030 (US$M)
$4,155.4
CAGR, 2024 - 2030
12.2%
Report Coverage
Europe

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

Europe

Europe human growth hormone market highlights

  • The Europe human growth hormone market generated a revenue of USD 1,856.9 million in 2023.
  • The market is expected to grow at a CAGR of 12.2% 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.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 1,856.9 million
Market revenue in 2030USD 4,155.4 million
Growth rate12.2% (CAGR from 2023 to 2030)
Largest segmentGrowth hormone deficiency
Fastest growing segmentGrowth Hormone Deficiency
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, Europe region accounted for 29.4% of the global human growth hormone market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,726.0 million by 2030.

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Europe human growth hormone market size, by country, 2018-2030 (US$M)

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

Europe human growth hormone market size, by country, 2018-2030 (US$M)

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