Hormone Replacement Therapy Market: Trends, Growth, and Future Insights (2023-2030)
The global hormone replacement therapy (HRT) market was valued at approximately USD 21.28 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. This growth is being driven by a combination of factors, including the rising prevalence of target diseases, the increasing awareness about HRT benefits, and the availability of advanced long-acting human growth hormone (hGH) products. HRT is widely used to address hormonal imbalances in both men and women, particularly for conditions like menopause, thyroid disorders, and growth hormone deficiencies. One of the significant factors contributing to the expansion of the HRT market is the rising incidence of target diseases. According to the American Thyroid Association, 12.0% of the U.S. population is estimated to suffer from thyroid disease during their lifetime. Additionally, the association reports that approximately 20 mil...