Market Trends of Male Hypogonadism Industry
This section covers the major market trends shaping the Male Hypogonadism Market according to our research experts:
Gonadotropin-Releasing Hormones Therapy Segment is Expected to Hold a Major Market Share in the Male Hypogonadism Market
- Gonadotropin releasing hormone stimulates to release follicle-stimulating hormone, and luteinizing hormone, which helps in regulating the gametogenic and steroidogenic functions of the gonads in males.
- As per European Association of Urology 2016 report, incidence of hypogonadism in middle-aged men, varied from 2.1% to 12.8%, men aged 40-79 varied form 2.1% to 5.7%, in Europe. In addition, hypogonadism is more prevalent in older men with obesity and in men with a poor health status.
- Gonadotropin-releasing hormones therapy segment holds a significant market share in male hypogonadism market and is anticipated to show similar trend over the forecast period. Moreover, due to rise in adoption of this therapy with increasing cases of hypogonadism in men are the key driving factors in the Gonadotropin-releasing hormones therapy segment.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America is expected to hold a major market share in the global male hypogonadism market due to increasing incidence and prevalence of hypogonadism and rise in awareness about hypogonadism and its treatment option in this region. According to the study published in European Association of Urology Journal in the year 2017, testosterone prescription trends in the United States estimated an increase between 1.8 and 4-fold over the last two decades (1997 - 2017). Furthermore, increasing research and development coupled with technologically advanced products and presence of well-established healthcare infrastructure is also fueling the growth of the overall regional market to a large extent.
