North America Hormone Replacement Therapy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

North America Hormone Replacement Therapy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The North America hormone replacement therapy market size reached US$ 4.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.

Hormone replacement therapy (HRT) is used for replenishing hormones that are present in low levels in the human body. This treatment is particularly favorable for patients who are experiencing growth hormone deficiency, women nearing menopause and older people suffering from hypogonadism. HRT is available in several forms such as gels, injections, implants, and skin and mouth patches (transdermal). However, it may not be suitable for patients that have a record of blood clots, liver disease and untreated high blood pressure.


North America hormone replacement therapy market is currently being driven by several factors. A surge in the incidences of hormone imbalance disorders, especially in the geriatric and neonatal populations, is spurring the demand for HRT in North America. In line with this, the rising need for new treatment options with better safety results is further catalyzing the market growth in the region. Apart from this, increasing R&D activities for hormone replacement products is enhancing their quality and efficiency. Additionally, the increasing consumer awareness, coupled with the rising technological innovations, such as new gel-based formulations, have also spurred the demand for hormone replacement products in the region.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America hormone replacement therapy market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on product, route of administration and type of disease.

Key Regions Analysed
United States
Canada
Mexico

Analysis for Each Country

Market by Product

Estrogen Replacement Therapy
Human Growth Hormone Replacement Therapy
Thyroid Replacement Therapy
Testosterone Replacement Therapy
Others

Market by Route of Administration
Oral
Parenteral
Transdermal

Market by Type of Disease
Menopause
Hypothyroidism
Male Hypogonadism
Growth Hormone Deficiency
Others

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:
How has the North America hormone replacement therapy market performed so far and how will it perform in the coming years?
What are the key regions in the North America hormone replacement therapy market?
What has been the impact of COVID-19 on the North America hormone replacement therapy market?
What is the breakup of the North America hormone replacement therapy market on the basis of product?
What is the breakup of the North America hormone replacement therapy market on the basis of route of administration?
What is the breakup of the North America hormone replacement therapy market on the basis of type of disease?
What are the various stages in the value chain of the North America hormone replacement therapy industry?
What are the key driving factors and challenges in the North America hormone replacement therapy industry?
What is the structure of the North America hormone replacement therapy industry and who are the key players?
What is the degree of competition in the North America hormone replacement therapy industry?