Male Hypogonadism Market Size, Share, Trends, Development by 2023

Posted by pooja on June 3rd, 2019

Injectables held the largest market share in 2015. The launch of innovative injectables for the treatment of hypogonadism in men and rise in preference for injections of gonadotropin-releasing hormones over TRT gels & other formulations are expected to drive growth of this drug delivery method.

 Male Hypogonadism Market report, published by Allied Market Research forecasts that the global market was valued at ,594 million in 2015, and is estimated to reach ,233 million by 2022, growing at a CAGR of 3.1% from 2016 to 2022. The pituitary disorders segment accounted for nearly half of the total market share in 2015, and is expected to maintain its dominance during analysis period as well.

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Male hypogonadism is a clinical condition in which testes cannot produce enough testosterone, resulting in decreased development of muscle mass, impaired growth of body hair, development of breast tissues, and lack of deepening of the voice. Growth in the male hypogonadism market is driven by the rise in prevalence & incidence of men with testosterone deficiency, increase in infertility rates, and growth in awareness among the patient population about hypogonadism treatment options by certain campaigns carried out by the government. 

Major market players, such as AbbVie Inc., Allergan plc, Astrazeneca plc, Bayer AG., Eli Lilly and Company Ltd., Endo International plc, Merck & Co., Inc., Ferring Holding S.A., Finox Biotech, IBSA Institut Biochimque SA, Laboratoires Genévrier S.A., and Teva Pharmaceutical Industries Ltd., are provided in the report.

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Joined: May 29th, 2019
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