Hormone Replacement Therapy Market Global Insights And Revenue Growth Up To 2030
Hormone Replacement Therapy Industry The global hormone replacement therapy market size is expected to reach USD 35.60 billion by 2030, according to a new study by Grand View Research Inc. The market is expected to expand at a CAGR of 6.6% from 2023 to 2030. The growth in the hormone replacement therapy market is largely attributable to the rising prevalence of hormonal disorders coupled with technological advancements in drug delivery systems. According to the National Organization of Rare Diseases, there are around 70,000 people with hypoparathyroidism in the U.S. Technological advancements to minimize the side effects and enhance drug bioavailability are expected to boost the market growth. Due to better bioavailability, the treatment frequency increases. Products such as NGENLA, which is used to treat growth hormone deficiency, require a once-a-week dosage, which ensures better patient compliance. Furthermore, improvement in the route of administration is exp...