Global Hormone Replacement Therapy Market
According to the report " Hormone Replacement Therapy Market ”, published by Market Data Forecast , the global market is projected to reach USD 22.31 billion by 2021 , at a CAGR of 7.21 % from 2016 to 2021 .
Hormone replacement therapy ( HRT ) is employed in patients suffering from declining levels of hormones with the right administration of hormones into the body . These therapies are generally meted out to women undergoing menopause . Estrogen is among the most commonly administered hormones . However , progesterone and testosterone are also administered when needed .
Growing awareness on post-menopausal hazards , reimbursement policies , novel formulations , rise in unmet medical needs which require the employment of hormone therapy , benefits like lower risk of fractures are the few factors propelling the growth of global hormone replacement therapy market .
Responsible for more than half of the market revenues , the estrogen replacement therapy segment dominates the global HRT market . The largest consumers of estrogen replacement therapy are post-menopausal women .
North America dominated the market , where the majority of the contribution was from the USA owing to the well-established healthcare system . While , the market in the APAC region is expected to witness a rapid growth during the forecast period .
Global Market for Hormone Replacement Therapy is segmented by Hormone Type , Route of Administration and Region
1 . By Hormone Type
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Estrogen Replacement Therapy Growth Hormone Replacement Therapy Thyroid Replacement Therapy Others
2 . By Route of Administration
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Oral Parenteral Transdermal Others
3 . By Geography
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North America Europe Asia-Pacific
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