Absolute Market Insights recent analysis of the Male Hypogonadism Market finds that the increasing demand from the Growth in geriatric population along with rising incidences of rheumatoid arthritis and obesity are primary factors influencing prevalence of male hypogonadism. is expected to witness maximum growth in the Male Hypogonadism Market during the forecast period. The global Market revenue stood at a value USD 3.5 Bn in the year 2021.
Market Synopsis
Male hypogonadism is a disorder in which the body produces insufficient amounts of the hormone testosterone, which is important for male growth and development during puberty. According to recent research, testosterone production declines steadily as people age, albeit the rate of drop varies. Unlike women, who experience a sudden drop in hormone levels following menopause, men experience a gradual, steady drop.
Male Hypogonadism Market on the basis of different parameters, such as forward/backward integration, economies of scale, the share of various distribution channels, various factors affecting consumer behaviour such as brand loyalty, price, and product availability among others, capital investments, regulatory landscape, production rights and patents, promotional strategies, and other customer preferences. This data is likely to help the industry stakeholders and stimulate the decision-making process.
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Key Insights & Findings from the Report:
- According to our primary respondents’ research, the Male Hypogonadism Market is predicted to grow at a CAGR of roughly 70% during the forecast period.
- The Male Hypogonadism Market was estimated to be worth roughly 5 Bn in 2021 and is expected to reach USD 5.2 Bn by 2028; based on primary research.
- On the basis of region, is projected to dominate the worldwide Male Hypogonadism Market.
Market Dynamics:
Industry Analysis:
The report covers exhaustive analysis on the global Male Hypogonadism Market. Industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. It includes an extensive competitive landscape covering key players in the industry and their comparative study on the basis of different parameters such as company overview, product portfolio, market revenue, business, and marketing strategies. Moreover, the report covers a thorough analysis drivers, restraints, and opportunities considering regional growth factors, technological advancements, and availability of substitute, regulatory norms, and such other growth impacting factors.
Drivers:
Male hypogonadism market trends include rise in prevalence and incidence of testosterone deficiency in males, increase in infertility rates, and surge in awareness of male hypogonadism treatment choices among the patient population drive the growth of the male hypogonadism market.Risk of getting affected by hypogonadism is very high in the geriatric population as well as in the population suffering with obesity and diabetes. Thus, growth in geriatric population and rise in incidence of chronic lifestyle disorders, including obesity and diabetes drive male hypogonadism market growth.
Restraint:
Testosterone replacement treatment (TRT) hampers male hypogonadism industry, owing to severe adverse after effects of external testosterone hormone injection.
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COVID-19 Impact Analysis:
The COVID-19 outbreak has affected various industries worldwide. Governments worldwide implemented strict lockdown measures and social distancing norms to restrict the swift spread of the pandemic. Manufacturing facilities worldwide were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pervasive might lead to a significant delay in the commercial roll-out of the packaging industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:
- Quarterly Market Revenue Forecast 2020 & 2021
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Long Term Dynamics
- Short Term Dynamics
- Impact Assessment of COVID-19 Pandemic
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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The Report on Male Hypogonadism Market Highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Historical Data, Estimates, and Forecast
- Company Profiles
- Global and Regional Dynamics
Regional Analysis:
North America registered for a large share of the worldwide male hypogonadism market and is projected to continue to do so in the near future. This is mostly due to an increase in the number of people suffering from primary and secondary hypogonadism, as well as increased awareness of treatment options for the condition. Moreover obesity is one of the major public health issues in North America, since it is associated with a higher morbidity and is a leading cause for the rising cases of male hypogonadism. Furthermore, the availability of cutting-edge healthcare infrastructure and the growing popularity of technologically advanced products are projected to provide new chances for market leaders.
List of Prominent Players in Male Hypogonadism Market:
- AbbVie
- Antares Pharma, Inc.
- Aytu BioScience, Inc.
- Clarus Therapeutics, Inc.
- Eli Lilly and Company
- Endo Pharmaceuticals
- Merck & Co. Inc.
- Pharmacia & Upjohn Co. (Pfizer Inc.)
- Teva Pharmaceutical Industries Ltd
- Upsher-Smith Laboratories, LLC.
- Other Market Participants
Key questions answered in the report:
- Which regional market will show the highest and rapid growth?
- Which are the top five players of the Male Hypogonadism Market?
- How will the Male Hypogonadism Market change in the upcoming six years?
- Which application and product will take a lion’s share of the Male Hypogonadism Market?
- What is the Male Hypogonadism Market drivers and restrictions?
- What will be the CAGR and size of the Male Hypogonadism Market throughout the forecast period?
This market titled Male Hypogonadism Market will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:
Market Size Provided for Years: 2016-2028
Base Year: 2021
Historic Years: 2016-2020
Forecast Years: 2022-2028
Segmentation Covered:
- By Type
- Primary
- Klinefelter syndrome,
- Mumps orchitis,
- Hemochromatosis,
- Others
- Secondary
- Kallmann’s syndrome,
- Pituitary disorders,
- Inflammatory Diseases,
- Others
- Primary
- By Therapy
- Testosterone replacement therapy
- Topical Gel,
- Injections,
- Implantable pellets,
- Transdermal Patches,
- Others
- Gonadotropin-releasing hormones therapy
- Testosterone replacement therapy
- By Diagnosis
- Hormone testing,
- Semen analysis,
- Pituitary imaging,
- Genetic studies,
- Testicular biopsy
Region & Counties Covered
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Report Coverage
- Market growth drivers
- restraints, opportunities
- Porter’s five forces analysis
- PEST analysis
- Value chain analysis
- Regulatory landscape
- Technology landscape
- Patent analysis
- Market attractiveness analysis by segments and Regional
- Company market share analysis
- COVID-19 impact analysis
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