(PharmaNewsWire.Com, May 09, 2017 ) Asia-Pacific Hormone Replacement Therapy Market research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 7.92% to reach USD 3.23 billion by 2021, from USD 2.21 billion in 2016, which amounts to a cumulative growth of USD 1.02 billion. Hormone replacement therapy is any form of hormone therapy to patients that includes receiving of hormones either to substitute for natural hormones or to supplement naturally occurring hormones.
To give an idea about the working of this market, they are three types of estrogen medication that’s estrone, estradiol and estriol. Estrone is found in women after menopause. Estradiol is naturally found in premenopausal women. Estriol is found through breakdown of other estrogens in the body and is a weaker form of estrogen. Apart from medication, estrogen implants are also performed but it’s rarely opted. Internationally, most of the industrialized nations are spending a huge part of their GDP on healthcare necessities especially US.
The report also presents detailed analysis of multitude of factors affecting the diagnostic imaging market bearing either positive or negative outcomes. Some of those factors are • Low cost of the therapy, • Increasing recognition of the product availability, • Risk involved in post treatment of HRT, • Improving healthcare infrastructure in developing markets, • Stringent Government Regulations, • Lack of skilled professionals.
For granular level understanding the Hormone Replacement Therapy Market is segmented based on hormone type and route of administration, each being provided with Market Size Estimations and Y-o-Y Forecasts. Based on Hormone Type the market is segmented as Estrogen Replacement Therapy, Growth Hormone Replacement Therapy, Thyroid replacement therapy and others. Based on route of administration it is further segmented into oral, parenteral, transdermal and other routes. India and China are the major economies which have unexplored customer base and that’s covered in the study. The report also focuses on other regions like Japan, Australia, South Korea and Rest of Asia-Pacific. Japan is estimated to possess the major chunk of the Asia-Pacific Hormone Replacement market.
Some of the key players that operate in the Hormone Replacement market include TherapeuticsMD, Inc., Bayer AG, Hisamitsu pharmaceutical co. Inc., Merck & Co., Amgen and Novo Nordisk.
The Asia- Pacific Hormone Replacement Therapy market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of hormone type, route of administration, along with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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