Human Growth Hormone Trends and Forecast
The future of the global human growth hormone market looks promising with opportunities in the growth hormone deficiency, turner syndrome, idiopathic short stature, prader-willi syndrome, and small for gestational age markets. The global human growth hormone market is expected to reach an estimated $12.77 billion by 2030 with a CAGR of 12.5% from 2024 to 2030. The major drivers for this market are increasing awareness towards the benefits of growth hormones in utilization for the treatment of hormonal imbalance disorders and growing cases of pituitary dysfunction.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Human Growth Hormone by Segment
The study includes a forecast for the global human growth hormone by product, distribution channel, application, and region.
Human Growth Hormone Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Long Acting
• Others
Human Growth Hormone Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy
• Specialty Pharmacy
• Others
Human Growth Hormone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Growth Hormone Deficiency
• Turner Syndrome
• Idiopathic Short Stature
• Prader-Willi Syndrome
• Small for Gestational Age
• Others
Human Growth Hormone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Human Growth Hormone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies human growth hormone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the human growth hormone companies profiled in this report include-
• Novo Nordisk
• Pfizer
• Eli Lilly & Company
• Sandoz
• Merck
• Genentech
• Ferring Pharmaceuticals
Human Growth Hormone Market Insights
Lucintel forecasts that hospital pharmacy will remain the largest segment over the forecast period due to rising incidence of the illness along with increasing frequent trips to the hospital.
Within this market, growth hormone deficiency will remain the largest segment due to rising awareness towards the significance of early detection and treatment for hormone deficiencies.
North America will remain the largest region over the forecast period due to heightened public awareness about healthcare, substantial government efforts, and favorable reimbursement policies in this region.
Features of the Global Human Growth Hormone Market
Market Size Estimates: Human growth hormone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Human growth hormone market size by product, distribution channel, application, and region in terms of value ($B).
Regional Analysis: Human growth hormone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, distribution channels, applications, and regions for the human growth hormone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the human growth hormone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the human growth hormone market size?
Answer: The global human growth hormone market is expected to reach an estimated $12.77 billion by 2030.
Q2. What is the growth forecast for human growth hormone market?
Answer: The global human growth hormone market is expected to grow with a CAGR of 12.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the human growth hormone market?
Answer: The major drivers for this market are increasing awareness towards the benefits of growth hormones in utilization for the treatment of hormonal imbalance disorders and growing cases of pituitary dysfunction.
Q4. What are the major segments for human growth hormone market?
Answer: The future of the human growth hormone market looks promising with opportunities in the growth hormone deficiency, turner syndrome, idiopathic short stature, prader-willi syndrome, and small for gestational age
markets.
Q5. Who are the key human growth hormone market companies?
Answer: Some of the key human growth hormone companies are as follows:
• Novo Nordisk
• Pfizer
• Eli Lilly & Company
• Sandoz
• Merck
• Genentech
• Ferring Pharmaceuticals
Q6. Which human growth hormone market segment will be the largest in future?
Answer: Lucintel forecasts that hospital pharmacy will remain the largest segment over the forecast period due to rising incidence of the illness along with increasing frequent trips to the hospital.
Q7. In human growth hormone market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to heightened public awareness about healthcare, substantial government efforts, and favorable reimbursement policies in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the human growth hormone market by product (long acting and others), distribution channel (hospital pharmacy, retail pharmacy, online pharmacy, specialty pharmacy, and others), application (growth hormone deficiency, turner syndrome, idiopathic short stature, prader-willi syndrome, small for gestational age, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Human Growth Hormone Market, Human Growth Hormone Market Size, Human Growth Hormone Market Growth, Human Growth Hormone Market Analysis, Human Growth Hormone Market Report, Human Growth Hormone Market Share, Human Growth Hormone Market Trends, Human Growth Hormone Market Forecast, Human Growth Hormone Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.