The global human growth hormone market size is estimated to be USD 5,235.7 million in 2021 and is expected to witness a CAGR of 8.89% during the forecast period. Increase in application of growth hormones to control aging is a key driver for the growth of the global human growth hormone market. Additionally, rise in information about disorders related to growth hormone deficit and growing R&D investments in the human growth hormone market are some of the other drivers propelling the market growth. Nevertheless, side effects related with the growth hormone treatment and stringent regulatory situation in the developed economies are expected to restrain the global market growth.
Global Human Growth Hormone Market Size (USD Million), 2021-2029
Source: Erevna Healthcare
By Application
Based on application, the market is segmented into Prader Willi syndrome, growth hormone deficiency, turner syndrome, idiopathic short stature, small for gestational age, and others. In 2021, the growth hormone deficiency segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is attributed to growing awareness about early diagnosis and treatment of growth hormone deficiency in patients worldwide. Turner syndrome segment projected to grow at a profitable CAGR during the forecast period. This is attributed to the growing initiatives by various public and private organizations in development of technology for treating turner syndrome.
By Route of Administration
Based on route of administration, the market is categorized into oral, intravenous, intramuscular, and subcutaneous. In 2021, the subcutaneous segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is due to the growth hormones administered subcutaneously are more bioavailability in comparison to other routes of administration worldwide. The oral segment is anticipated to grow at a profitable CAGR during the forecast period, due the launch of new products and shift towards oral drugs are the key factors driving the market worldwide.
By Distribution Channel
Based on distribution channel, the market is categorized into retail pharmacy, hospital pharmacy, online pharmacy, and specialty pharmacy. In 2021, the hospital pharmacy segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is due to the growing hospital visits due to rising awareness about growth hormone deficiencies among humans and the treatment available worldwide. The online pharmacy segment is anticipated to grow at a profitable CAGR during the forecast period, due the high rate of penetration of online pharmacies in developed regions.
Regional Insights
In 2021, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the favourable repayment scenarios, growth in initiatives from government, accessibility of technological advanced products in the region. Asia Pacific market is projected to exhibit the fastest CAGR over the forecast period owing to the less stringent regulations, growing government and corporate investment in healthcare sector, aged population, and availability of skilled labour forces at economic costs, are the major factors in this region.
Competitor Insights
Some of the key players in the human growth hormone market are Novo Nordisk A/S (Denmark); Pfizer, Inc. (U.S.); Eli Lilly and Company (U.S.); Sandoz International GmbH (Switzerland); Merck KGaA (Germany); Genentech, Inc. (U.S.); Ferring B.V. (Switzerland); Ipsen (France); Teva Pharmaceutical Industries, Ltd (Israel); and Anhui Anke Biotechnology (Group) Co., Ltd. (China). The leading players operating in the human growth hormone industry are adopting various strategies including R&D investments, adoption of advanced techniques, new technology launches, mergers & acquisitions, and regional expansions to capture a maximum revenue share.
This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The human growth hormone market report is categorized into the following segments and subsegments:
Human Growth Hormone Market, By Application (Revenue, USD Million, 2021-2029)
- Prader-Willi Syndrome
- Growth Hormone Deficiency
- Adult Growth Hormone Deficiency
- Paediatric Growth Hormone Deficiency
- Turner Syndrome
- Idiopathic Short Stature
- Small for Gestational Age
- Others
Human Growth Hormone Market, By Route of Administration (Revenue, USD Million, 2021-2029)
- Oral
- Intravenous
- Intramuscular
- Subcutaneous
Human Growth Hormone Market, By Distribution Channel (Revenue, USD Million, 2021-2029)
- Retail Pharmacy
- Hospital Pharmacy
- Online Pharmacy
- Specialty Pharmacy
Human Growth Hormone Market, By Region (Revenue, USD Million, 2021-2029)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Scope of Human Growth Hormone Market Report:
Key Parameters | Details |
---|---|
Base Year |
|
Forecast Period |
|
Study Coverage |
|
Qualitative Analysis |
|
Regional Market Scope |
|
Company Profiles |
|
15% Free Customization Available |
|
Table of Contents: Human Growth Hormone Market 2021-2029
- Research Methodology
- Study Objectives
- Study Scope
- Research Assumptions
- Research Framework
- Research Models
- Bottom-up Approach
- Top-down Approach
- Data Triangulation
- Data Procurement
- Internal Database
- Secondary Research
- Purchased Database
- Primary Research
- Data Analysis
- Data Validation
- Market Size Estimation
- Market Forecast Model
- Quality Assessment
- Research Models
- Introduction: Human Growth Hormone
- Executive Summary
- Global Market Scenario
- Segment Market Scenario
- Geographic Market Scenario
- COVID-19 Impact
- Competitive Landscape
- Market Dynamics
- Market Drivers
- Driver 1
- Driver 2
- Driver 3
- Driver 4
- Driver 5
- Market Restraint
- Restraint 1
- Restraint 2
- Restraint 3
- Restraint 4
- Market Opportunities
- Opportunity 1
- Opportunity 2
- Opportunity 3
- Opportunity 4
- Market Trends
- Trend 1
- Trend 2
- Trend 3
- Trend 4
- Market Challenges
- Challenge 1
- Challenge 2
- Challenge 3
- Challenge 4
- Market Drivers
- Market Environment Analysis
- Porter’s 5 Forces Analysis
- PESTEL Analysis
- Value Chain Analysis
- SWOT Analysis
- Benchmark
- COVID-19 Impact Analysis: Human Growth Hormone Market
- COVID-19: Overview
- COVID-19 Impact on the Global Market
- COVID-19 Impact on the Regional Markets
- Market Analysis by Application
- Turner syndrome
- Turner syndrome Market Forecast, 2021-2029 (USD Million)
- Growth hormone deficiency
- Growth hormone deficiency Market Forecast, 2021-2029 (USD Million)
- Prader-Willi syndrome
- Prader-Willi syndrome Market Forecast, 2021-2029 (USD Million)
- Small for gestational age
- Small for gestational age Market Forecast, 2021-2029 (USD Million)
- Idiopathic short stature
- Idiopathic short stature Market Forecast, 2021-2029 (USD Million)
- Turner syndrome
- Market Analysis by Distribution Channel
- Retail pharmacy
- Retail pharmacy Market Forecast, 2021-2029 (USD Million)
- Retail pharmacy
- Retail pharmacy Market Forecast, 2021-2029 (USD Million)
- Specialty pharmacy
- Specialty pharmacy Market Forecast, 2021-2029 (USD Million)
- Retail pharmacy
- Regional Market Analysis
- Regional Market Trends
- Regional Market: Comparative Analysis
- North America Human Growth Hormone Market
- North America Human Growth Hormone Market
- North America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- S. Human Growth Hormone Market
- S. Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Canada Human Growth Hormone Market
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- S. Market Size and Forecast, 2021-2029 (USD Million)
- North America Market Size and Forecast, 2021-2029 (USD Million)
- North America Human Growth Hormone Market
- Europe Human Growth Hormone Market
- Europe Human Growth Hormone Market
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Germany Human Growth Hormone Market
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- UK Human Growth Hormone Market
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- France Human Growth Hormone Market
- France Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Spain Human Growth Hormone Market
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Italy Human Growth Hormone Market
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Rest of Europe Human Growth Hormone Market
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- France Market Size and Forecast, 2021-2029 (USD Million)
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Europe Human Growth Hormone Market
- Asia Pacific Human Growth Hormone Market
- Asia Pacific Human Growth Hormone Market
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Japan Human Growth Hormone Market
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- China Human Growth Hormone Market
- China Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- India Human Growth Hormone Market
- India Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- South Korea Human Growth Hormone Market
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Market Size and Forecast by Device, 2021-2029 (USD Million)
- Australia Human Growth Hormone Market
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Rest of Asia Pacific Human Growth Hormone Market
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- India Market Size and Forecast, 2021-2029 (USD Million)
- China Market Size and Forecast, 2021-2029 (USD Million)
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Human Growth Hormone Market
- Latin America Human Growth Hormone Market
- Latin America Human Growth Hormone Market
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Brazil Human Growth Hormone Market
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Mexico Human Growth Hormone Market
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Argentina Human Growth Hormone Market
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Rest of Latin America Human Growth Hormone Market
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Human Growth Hormone Market
- MEA Human Growth Hormone Market
- MEA Human Growth Hormone Market
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- GCC Human Growth Hormone Market
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- South Africa Human Growth Hormone Market
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Rest of MEA Human Growth Hormone Market
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Distribution Channel, 2021-2029 (USD Million)
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- MEA Human Growth Hormone Market
- Competitor Analysis
- Market Share Analysis, 2021 & 2029
- Competitive Mapping
- Key Players Market Place Analysis
- Major Recent Developments
- Company Profiles
- DJO Finance, LLC (US)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Zimmer Biomet (US)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Bioventus LLC (US)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Medtronic plc (Ireland)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Stryker (US)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- DePuy Synthes (US)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Arthrex, Inc. (US)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Isto Biologics (US)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Terumo Corporation (Japan)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Ember Therapeutics, Inc. (US)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Ossatec Benelux Ltd. (Netherlands)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Altis Biologics (Pty) Ltd. (South Africa)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Regen Lab SA (Switzerland)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- ITO Co., Ltd. (Japan)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Elizur Corporation (US)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Others Prominent Players
- DJO Finance, LLC (US)
Conclusion & Recommendations