SAN FRANCISCO, March 31, 2016 /PRNewswire/ --
Global hormone replacement therapy market is expected to reach USD 28.4 million by 2022, according to a new report by Grand View Research, Inc. Increasing geriatric and neonatal population base, growing cases of hormonal imbalances, and large presence of unmet healthcare needs in emerging economies are some vital impact rendering drivers.
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Estrogen replacement therapy dominated the market in 2015. Moreover, the rising number of women reaching the menopausal age is expected to drive the demand for these treatments over the forecast period.
Furthermore, rise in premature births that lead to genital disorders and slower rate of growth in these neonates are anticipated to fuel the demand for growth hormone therapy. According to statistics provided by the CDC, over 15 million babies were born preterm in 2014 annually. This number is anticipated to rise over the next seven years and become a leading cause for disabilities, illnesses, arrested development, and mortality.
Browse full research report with TOC on "Hormone Replacement Therapy (HRT) Market, By Product (Estrogen Replacement Therapy, Human Growth Hormone (HGH) Replacement Therapy, Thyroid Replacement Therapy, Testosterone Replacement Therapy), By Route of Administration (Oral, Parenteral, Transdermal), By Type of Disease (Menopause, Hypothyroidism, Male Hypogonadism, Growth Hormone Deficiency) And Segment Forecasts to 2022" at: http://www.grandviewresearch.com/industry-analysis/hormone-replacement-therapy-market
Further key findings from the study suggest:
Grand View Research has segmented the hormone replacement therapy market on the basis of product, route of administration, disease type, and region
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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