Global Male Hypogonadism
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to cognitive market research, the global male hypogonadism market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Male Hypogonadism Market Sales Revenue 2020 | $ 3.07 Billion |
Global Male Hypogonadism Market Sales Revenue 2030 | $ 4.78 Billion |
Global Male Hypogonadism Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.06% |
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Market Split by Treatment Type |
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Market Split by Route of administration |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Male Hypogonadism Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Male hypogonadism is a medical disorder in which the testes do not produce enough testosterone, resulting in a lack of muscle mass development, impaired body hair growth, development of breast tissues, and lack of voice deepening. It is the outcome of a testicular issue or disorder that affects the hypothalamus and pituitary gland. The indications and symptoms of the deficiency vary depending on when it was initially developed, the severity of the deficiency, and whether or not the primary functions of the testes are impacted.
The growing focus on men's health and advancements in diagnostic technology have resulted in a notable surge in the global market for male hypogonadism. The economy as a whole and profit margins are significantly impacted by this tendency. The need for cutting-edge diagnostics and treatments is rising in tandem with the growing public awareness of men's health concerns. This opens up profitable potential for businesses in this industry. The public's understanding of the significance of men's health concerns has been strengthened by the designation of June as Men's Health Month. Market acceptance of novel diagnostic tools and treatments is critical in determining the financial structure of the organization.
• For instance, in Mar 2022, Pfizer, Inc. completed the acquisition of Arena Pharmaceuticals, Inc., an American biopharmaceutical company. Through this acquisition, Pfizer gained access to Arena's suite of various treatment candidates developed for gastroenterology, dermatology, and cardiology areas. Additionally, Pfizer received rights to Arena’s oral, selective sphingosine 1-phosphate (S1P) receptor modulator, etrasimod, developed for a variety of immuno-inflammatory ailments.
(Source:https://www.pfizer.com/news/press-release/press-release-detail/pfizer-completes-acquisition-arena-pharmaceuticals )
One of the key drivers of progress in this field is the development of testosterone replacement therapies (TRTs). By bringing testosterone levels back into the normal range, these treatments hope to relieve the symptoms of hypogonadism. Newer formulations of TRT, including topical gels, nasal sprays, and buccal systems, have been added to the traditional choices, such as injections, and transdermal patches. The therapeutic experience is improved overall by these alternate delivery systems, which also provide better convenience, dosage flexibility, and patient compliance. Pharmaceutical firms have made research and development investments to provide cutting-edge treatment strategies for male hypogonadism. This involves investigating gonadotropin-releasing hormone (GnRH) analogs and selective androgen receptor modulators (SARMs).
• For instance, in August 2022, Marius Pharmaceuticals, a patient-centric healthcare company, announced the approval of Kyzatrex (testosterone undecanoate) by the U.S. Food and Drug Administration (FDA). Kyzatrex is an oral testosterone replacement therapy indicated in adult males for conditions associated with a deficiency or absence of endogenous testosterone, also known as hypogonadism.
(Source:https://mariuspharma.com/ )
A significant element influencing restricted access is the general public's and healthcare professionals' ignorance about hypogonadism. Hypogonadism symptoms including sadness, erectile dysfunction, weariness, and diminished libido are sometimes written off as a natural aspect of aging or confused with other illnesses. As a result, a large number of people go misdiagnosed and untreated, which contributes to a widespread underestimate of the frequency of hypogonadism. Access to specialized healthcare services and therapies is always a difficulty, even for people who have been diagnosed. Certain diagnostic tests for hypogonadism, such as imaging scans and testosterone level checks, might not be easily accessible or reasonably priced in some areas. Furthermore, it might be difficult to find endocrinologists or urologists who are skilled in treating hypogonadism, especially in remote or underdeveloped locations.
The COVID-19 pandemic had a detrimental effect on the worldwide market for male hypogonadism treatments. The limitations were implemented as a result of the global decrease in patient visits for hypogonadism brought on by the COVID-19 epidemic. In addition, the COVID-19 pandemic caused disruptions to the firms' supply chain and resulted in the postponement of other product releases. It also caused the main competitor in the market to postpone their clinical trial initiatives. However, during the pandemic, a lot of patients chose telemedicine.
• For instance, according to an article published by Science Direct in 2021, compared to the office visits in April 2019, male sexual medicine visits in April 2020 peaked at telemedicine use.
(Source:https://www.sciencedirect.com/science/article/pii/S2050116121000465 )
A prominent avenue for market development is found in the field of telemedicine. With the use of digital technology and telecommunications, telemedicine is a viable way to get beyond geographical obstacles and give patients with hypogonadism better access to specialized care. Patients can communicate with healthcare providers remotely using teleconsultation services, which expedites diagnosis, monitoring, and therapy. Additionally, telemedicine makes patients' lives more convenient by removing the need for them to go to medical facilities. This is especially advantageous for patients who live in rural or underdeveloped areas. Additionally, teleconsultations give medical practitioners access to a larger patient base, including those who might be reluctant to see a doctor in person because of the stigma or privacy issues related to hypogonadism. A subscription-based digital health portal that is only available to men offers a range of virtual health services and tools.
• For instance, in October 2022, Base Healthcare, a US-based men’s virtual health platform, launched a subscription-based men’s virtual health platform, prioritizing fundamental health and hormone enhancement through oral testosterone treatment. This digital platform provides men with convenient access to adequate testosterone therapy (ATT), certified medical professionals, and personalized health guidance.
(Source:https://www.webmd.com/men/testosterone-replacement-therapy-is-it-right-for-you )
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A competitive environment of different suppliers vying for market share is evident in the industry. The main factors dividing the competitors are supply chain, price tactics, product efficiency, and technology advancements. To maintain their economic dominance, well-established pharmaceutical corporations invest in extensive research and development capabilities and brand recognition. New biotech companies disrupt the ecosystem with their innovative formulas and focused therapies. To expand the business, diagnostic research and regulatory compliance are crucial. Key strategies for strengthening market position include strategic alliances, mergers, and acquisitions. To be competitive, the suppliers are always adjusting to changing customer preferences and regulatory requirements. The competitive environment is characterized by dynamic competition brought about by collaborations, innovation, and regulatory compliance.
Top Companies Market Share in Male Hypogonadism Industry: (In no particular order of Rank)
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During the forecast period, North America is anticipated to have a dominant position in the global market for hypogonadism treatments. This dominance is mostly due to rising rates of hypogonadism as the hormonal condition becomes more widely recognized, rising use of more recent, highly developed products, and improved healthcare facilities. Increased awareness campaigns and a noticeable increase in identified instances are the results of the growing attention being paid to men's health issues. This has also resulted in a larger consumer base for companies that provide alternative treatments. The region's well-established healthcare system fosters an environment that is conducive to trade financing, making it simple for manufacturers to raise money for their R&D projects.
Europe is expanding at the fastest CAGR in 2024. Another sizable market category is Europe, which is distinguished by a focus on medical research, cooperative healthcare networks, and publicly funded healthcare systems. The diagnosis and treatment of male hypogonadism are aided by the availability of cutting-edge medical technology and broad healthcare coverage in EU member states. With its well-established healthcare networks, Germany leads the EU in pharmaceutical innovation and drives growth in the area alongside France, Italy, and Spain. Europe has a highly developed healthcare system with a large number of hospitals, specialized clinics, and healthcare professionals. This infrastructure makes it possible to quickly and successfully diagnose and treat hypogonadism.
The current report Scope analyzes Male Hypogonadism Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Male Hypogonadism Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Male Hypogonadism Industry growth. Male Hypogonadism market has been segmented with the help of its Treatment Type, Route of administration Application, and others. Male Hypogonadism market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on treatment type, the global male hypogonadism market is segmented into testosterone replacement therapy, estrogen therapy, and progesterone therapy. Testosterone replacement therapy is expected to hold the dominant share of the market. The market is growing as a result of important strategies and actions by major key players as well as the increased frequency of hypogonadism among men. Male hypogonadism is frequently caused by testosterone insufficiency, and TRT is the main therapy for this illness. The increased incidence of testosterone insufficiency is driving the growth of segmental revenue. TRT is usually seen to be beneficial in treating hypogonadism, and it can gradually raise testosterone levels. Healthcare professionals may prescribe TRT drugs, which are readily accessible, to treat hypogonadism. Compared to other hypogonadism treatments, TRT may be prescribed more frequently by medical professionals.
• For instance, Clarus Therapeutics, in May 2019, received FDA approval for Jatenzo testosterone, an oral testosterone replacement therapy for the treatment of primary hypogonadism and hypogonadotropic hypogonadism in men.
(Source:https://www.accessdata.fda.gov/drugsatfda_docs/nda/2019/206089Orig1s000MedR.pdf )
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Gels and patches are examples of topical therapies for testosterone insufficiency. Compared to injectable medicines, topical treatments provide several advantages, including painless administration and application. Furthermore, testosterone levels fluctuate as a result of the skin's absorption process, closely resembling the body's normal function and offering a safer method of delivery. Moreover, over the forecast period, the topical segment's revenue growth is being propelled by the growing accessibility of gel-based treatments. Nonetheless, the market for injectables is still strong because of their rapid beginning of action and effectiveness, especially for patients who need greater dosages or who would rather have fewer frequent dosing regimens.
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The Global Male Hypogonadism Market has been segmented by Application into Kallmann Syndrome, Klinefelters Syndrome, Pituitary Disorders, and Others. Kallmann Syndrome, a rare genetic condition characterized by hypogonadotropic hypogonadism and anosmia or hyposmia, is one important use within this division. Due to insufficient gonadotropin-releasing hormone (GnRH) release, which results in insufficient stimulation of the pituitary gland and consequent impairment of testosterone synthesis, individuals with Kallmann Syndrome experience delayed or missing puberty. Hormone replacement therapy is commonly used as a treatment to promote puberty and address symptoms associated with hypogonadism.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Male hypogonadism is a medical disorder in which the testes do not produce enough testosterone, resulting in a lack of muscle mass development, impaired body hair growth, development of breast tissues, and lack of voice deepening. Male hypogonadism is frequently caused by testosterone insufficiency, and TRT is the main therapy for this illness. The increased incidence of testosterone insufficiency is driving the growth of segmental revenue. Key strategies for strengthening market position include strategic alliances, mergers, and acquisitions.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Treatment Type | Testosterone Replacement Therapy, Estrogen Therapy, Progesterone Therapy |
Route of administration | Injectables, Topicals, Implants, Oral capsule-based products |
Application | Kallmann Syndrome, Klinefelters Syndrome, Pituitary Disorders, Others |
List of Competitors | Astrazeneca Plc., Merck & Co. Inc., Laboratories Genevrier, Allergan Plc., Endo International Plc., Ferring, AbbVie Inc., Eli Lilly and Company Ltd., Finox Biotech, Teva Pharmaceutical Industries Ltd., Bayer AG, IBSA Institut Biochimque |
This chapter will help you gain GLOBAL Market Analysis of Male Hypogonadism. Further deep in this chapter, you will be able to review Global Male Hypogonadism Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Treatment Type Analysis 2019 -2031, will provide market size split by Treatment Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Treatment Type Analysis 2019 -2031
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Chapter 11 Market Split by Route of administration Analysis 2019 -2031
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Chapter 12 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Male Hypogonadism market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Testosterone Replacement Therapy have a significant impact on Male Hypogonadism market? |
What are the key factors affecting the Testosterone Replacement Therapy and Estrogen Therapy of Male Hypogonadism Market? |
What is the CAGR/Growth Rate of Injectables during the forecast period? |
By type, which segment accounted for largest share of the global Male Hypogonadism Market? |
Which region is expected to dominate the global Male Hypogonadism Market within the forecast period? |
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