HUMAN CHORIONIC GONADOTROPIN (HCG) MARKET ANALYSIS

Human Chorionic Gonadotropin (HCG) Market, by Product Type (Human Chorionic Gonadotropin and Recombinant Human Chorionic Gonadotropin), by Therapeutic Application (Male Hypogonadism, Female Infertility Treatment, Oligospermic Treatment, Cryptorchidism Treatment, Chronic Pain and Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and by Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Oct 2022
Code : CMI1011
Pages :178
Formats :
Excel and PDF
Industry : Pharmaceutical

Human Chorionic Gonadotropin (HCG) MarketSize and Trends

Global human chorionic gonadotropin (HCG) market is estimated to be valued at US$ 710.88 Million in 2022 and is expected to exhibit a CAGR of 6.5% during the forecast period (2022-2030).

Increasing infertility rates globally are expected to augment growth of the global human chorionic gonadotropin (HCG) market over the forecast period.

Increasing infertility rates globally are expected to augment growth of the global human chorionic gonadotropin (HCG) market over the forecast period. For instance, according to the report published in Galadari Printing and Publishing LLC, 2018, the prevalence of infertility increased with a significant decline in demographics ranging from 6.6 births per woman in the 1970s to 5.22 children in 1980-1985 and 1.73 from 2015- 2020, registering an overall decrease of 160%.

Increase in incidence of hypogonadism-related disorders is expected to drive the market growth during the forecast period.

Increase in incidence of hypogonadism-related disorders is expected to drive the market growth during the forecast period. For instance, according to the Endocrine Society (January 2022), globally hypogonadism is a common condition in the male population, with a higher prevalence in older men, obese men, and men with type 2 diabetes.