Middle East & Africa Human Growth Hormone Market Size & Outlook
The human growth hormone market in Middle East & Africa is expected to reach a projected revenue of US$ 701.1 million by 2030. A compound annual growth rate of 12.5% is expected of Middle East & Africa human growth hormone market from 2024 to 2030.
Revenue, 2023 (US$M)
$308.3
Forecast, 2030 (US$M)
$701.1
CAGR, 2024 - 2030
12.5%
Report Coverage
Middle East & Africa
Middle East & Africa human growth hormone market, 2018-2030 (US$M)
Related Markets
MEA human growth hormone market highlights
- The MEA human growth hormone market generated a revenue of USD 308.3 million in 2023.
- The market is expected to grow at a CAGR of 12.5% from 2024 to 2030.
- In terms of segment, growth hormone deficiency was the largest revenue generating application in 2023.
- Small for Gestational Age is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 308.3 million |
| Market revenue in 2030 | USD 701.1 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Growth hormone deficiency |
| Fastest growing segment | Small for Gestational Age |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Turner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome, Small for Gestational Age, Other Applications, Growth Hormone Deficiency |
| Key market players worldwide | Novo 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, MEA region accounted for 4.9% 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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Human Growth Hormone Market Scope
Human growth hormone market segmentation & scope
Human Growth Hormone Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA human growth hormone market size, by country, 2018-2030 (US$M)
Middle East & Africa Human Growth Hormone Market Outlook Share, 2023 & 2030 (US$M)
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