Hypogonadism is characterized as lack of testosterone level or lack of spermatozoa production, or both. It is caused owing to the disorder related to the testes (primary hypogonadism) or the hypothalamic-pituitary axis (secondary hypogonadism). Both can be inherited or acquired, due to ageing, hormonal disorders or medicines. In addition, various congenital enzyme abnormalities result in various degrees of androgen resistance in target organs. Hormone levels corroborate the diagnosis. The treatment for gonadotropin-releasing hormone, gonadotropin, or testosterone replacement differs depending on the aetiology.
The factors that drive the global male hypogonadism market are increase in cases of hypogonadism, surge in awareness of hypogonadism, and rise in number of treatment options. In addition, hypogonadism is prevalent in the geriatric population as well as in patients with diabetes and obesity. As a result, increase in population and rise in the incidence and prevalence of chronic disorders, such as diabetes and obesity drive the growth of the market. According to clinical research, testosterone levels in males aged 60-80 years are 20 percent and 80 percent lower, respectively, than testosterone levels in young men. Hypogonadism is most common in men aged above 60. In countries like Japan, China, and the U.S. there is surge in demand for male hypogonadism treatments, owing to increase in geriatric population and surge in infertility rates.
The male hypogonadism market is segmented on the basis of therapy, drug delivery, type, and region. Depending on therapy, it is divided into testosterone replacement therapy and gonadotropin & gonadotropin-releasing hormones therapy. The gonadotropin-releasing hormones therapy segment is segmented into luteinizing hormone (LH), follicle-stimulating hormone (FSH), human chorionic gonadotropin (HCG), and gonadotropin-releasing hormone (GNRH). According to drug delivery, it is fragmented into topical gels, injectable, transdermal patches, and others. As per the type, it is classified into Klinefelter’s syndrome, Kallmann syndrome, pituitary disorders, and others. Region wise, it is analyzed across North America, Europe, Asia Pacific, and LAMEA.
Major key players operating in the global male hypogonadism market are Allergan PLC., Bayer AG, Eli Lily & Company, Endo Iternational PLC., Ferring Holdings SA, Finox Biotech, Merck & Co. Inc., Pfizer, Perrigo Company PLC., Teva Pharmaceutical Industries Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the male hypogonadism market analysis from 2020 to 2030 to identify the prevailing male hypogonadism market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the male hypogonadism market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global male hypogonadism market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Klinefelters Syndrome
- Kallmann Syndrome
- Pituitary Disorders
- Others
By Drug Delivery
- Topical Gels
- Injectables
- Transdermal Patches
- Others
By Therapy
- Testosterone Replacement Therapy
- Gonadotropin and Gonadotropin Releasing Hormone Therapy
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Rest of Europe
- Asia-Pacific
- India
- Rest of Asia-Pacific
- Japan
- China
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Allergan plc
- Pfizer Inc.
- Bayer AG
- Eli Lilly and Company Ltd.
- Endo International plc.
- Merck & Co., Inc.
- Ferring
- Finox Biotec
- Teva Pharmaceutical Industries Ltd.
- Perrigo Company plc
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Table of Contents
Executive Summary
According to this report titled, 'Male Hypogonadism Market,' the male hypogonadism market size was $3.1 billion in 2020, and is estimated to reach $5.1 billion by 2030, growing at a CAGR of 5.1% from 2021 to 2030.Male hypogonadism is a condition in which men have low levels of the male hormone testosterone. Testosterone is produced in the testes and is necessary for the development of male features, such as voice deepening, face & pubic hair development, and growth of penis and testes throughout puberty. Brain produces gonadotrophin-releasing hormone, which stimulates the pituitary gland to generate luteinizing hormone and follicle stimulating hormone (gonadotrophins). Testes then stimulate and produce testosterone by gonadotrophins. Low testosterone levels are caused by testicular diseases, affecting the hypothalamus or pituitary gland. Men of any age suffer with this disease and the symptoms vary depending on the initial detection of disease in relation to puberty.
The major factors that drive the global male hypogonadism industry are rise in prevalence of testosterone insufficiency among males, increase in infertility rates, and surge in awareness of hypogonadism treatment among individuals. Male hypogonadism market trends include government campaigns to promote health in men and hypogonadism treatment options, including testosterone replacement therapy, which assists increase in product sales in the male hypogonadism market. Rise in prevalence of chronic diseases, including diabetes and obesity and surge in geriatric population drive the growth of the market.
The World Health Organization (WHO) on January 30, 2020, declared COVID-19 outbreak as a pandemic. COVID-19 has affected around 210 countries across the globe. Governments across the globe announced country-wide lockdowns as well as social distancing measures to prevent collapse of the healthcare system.
The overall IMPACT OF COVID-19 on the global male hypogonadism market was positive, which is attributed to the lowered testosterone levels observed in men who have been impacted by COVID-19. This positive impact is further expected to fuel growth of male hypogonadism market forecast.
The global male hypogonadism market is segmented on the basis of therapy, drug delivery, and type. Depending on therapy, it is divided into testosterone replacement therapy and gonadotropin & gonadotropin-releasing hormones therapy. The gonadotropin-releasing hormones therapy segment is segmented into luteinizing hormone (LH), follicle-stimulating hormone (FSH), human chorionic gonadotropin (HCG), and gonadotropin-releasing hormone (GNRH). According to drug delivery, it is fragmented into topical gels, injectable, transdermal patches, and others. As per the type, it is categorized into klinefelters syndrome, kallmann syndrome, pituitary disorders, and others. Region wise, it is categorized into North America, Europe, Asia Pacific, and LAMEA.
By therapy, testosterone replacement therapy segment held largest male hypogonadism market share in 2020, owing to increase in number of patients suffering from diabetes and blood pressure. However, gonadotropins and gonadotropins releasing hormones therapy is anticipated to be the fastest growing segment during the forecast period.
Depending on drug delivery, topical gels segment dominated the market as the highest revenue generating segment, which is attributed to rise in temporary replacement of testosterone however, injectable segment is anticipated to flourish during the forecast period.
As per the type, pituitary disorders segment dominated the market and is expected to be dominant during the forecast period.
Region wise, North America dominated the market, owing to increase in awareness campaigns and technological advancement in field of male health therapeutics.
Depending on therapy, the testosterone replacement therapy segment was highest contributor to the market in 2020, whereas gonadotropin and gonadotropin releasing hormone therapy segment is anticipated to grow at the highest CAGR during the forecast period.
According to drug delivery, the topical segment was highest contributor to the market in 2020, whereas transdermal patches segment is anticipated to grow at the highest CAGR during the forecast period.
As per the type, the pituitary disorder segment was highest contributor to the market in 2020 and is anticipated to grow at the highest CAGR during the forecast period.
Region-wise, North America generated the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
Companies Mentioned
- Allergan plc
- Pfizer Inc.
- Bayer AG
- Eli Lilly and Company Ltd.
- Endo International plc.
- Merck & Co., Inc.
- Ferring
- Finox Biotec
- Teva Pharmaceutical Industries Ltd.
- Perrigo Company plc
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | April 2022 |
Forecast Period | 2020 - 2030 |
Estimated Market Value ( USD | $ 3072.86 million |
Forecasted Market Value ( USD | $ 5085.03 million |
Compound Annual Growth Rate | 5.2% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |