Close-monitor your Competitor's Move, Request sample copy
Increasing Prevalence of Various Chronic ConditionsIncreasing prevalence of chronic conditions such as hypogonadism in adult men worldwide is expected to drive growth of the hormone replacement therapy market. For instance, in June 2021, according to the European Association of Urology, male hypogonadism is a disorder associated with decreased functional activity of the testes, with decreased production and/or action of androgens and/or impaired sperm production. This is caused by poor testicular function or as a result of inadequate stimulation of the testes by the hypothalamic-pituitary-gonadal (HPG) axis. Likewise, several congenital or acquired disorders causing impaired action of androgens have also been described. In men aged between 40 and 79 years old, the incidence of symptomatic hypogonadism varies between 2.1% and 5.7%. The incidence of hypogonadism has been reported to be 12.3 and 11.7 cases per 1,000 people per year in the U.S. Testosterone production declines as a function of age, and the prevalence of hypogonadism increases with aging.
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients