Understanding Key Drivers and Growth Opportunities in the Human Chorionic Gonadotropin Market: Trends and Market Size Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Factors Are Propelling the Market Growth of theHuman Chorionic Gonadotropin Market from 2025 to 2034?
The rise in infertility rate is anticipated to fuel the development of the human chorionic gonadotropin market in the future. Infertility is characterized by the incapability to get pregnant after a minimum of one year of regular, unprotected intercourse. The rise in infertility is on track with the increasing instance of individuals and couples finding it hard to conceive, caused by factors like delayed parenthood, lifestyle modifications, exposure to environmental pollutants, and health disorders. Human chorionic gonadotropin (hCG) is employed in infertility cures to provoke ovulation in females and bolster testosterone generation in males, assisting egg release and enhancing fertility results. For instance, as indicated by the World Health Organization, a Switzerland-originated international institution, around 17.5% of the global adult populace, or nearly one in every six individuals globally, were impacted by infertility in April 2023, underlining the urgent necessity to augment accessibility to affordable, superior fertility treatment for those in need. Thus, the escalating rate of infertility is propelling the expansion of the human chorionic gonadotropin market.
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How Has the Human Chorionic Gonadotropin Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?
The market size of human chorionic gonadotropin has exhibited strong growth in the past few years. The market, which is anticipated to rise from $0.95 billion in 2024 to $1.03 billion in 2025, is set to witness a compound annual growth rate (CAGR) of 8.7%. Factors such as a higher incidence of hypogonadism among the elderly, greater awareness of HCG among patients and healthcare providers, a budding interest in fertility tourism, a growing aged population, and enhanced affordability and advancements in healthcare facilities have all contributed to this historical growth.
The market for human chorionic gonadotropin is set to experience significant expansion over the next several years, potentially reaching $1.42 billion by 2029 with a CAGR of 8.4%. This anticipated growth in the timeframe under forecast can be linked to various factors, such as a rising number of infertility cases, an increasing occurrence of polycystic ovary syndrome, an uptick in female infertility and the heightened use of HCG in veterinary medicine. The forecast period will likely see several notable trends, which include progress in pregnancy detection techniques, novel drug formulations, technological integration, a greater emphasis on research and development, and product innovation.
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How Are Market Trends and Innovations Revolutionizing theHuman Chorionic Gonadotropin Industry in Recent Times?
Leading businesses in the human chorionic gonadotropin market are striving for innovation, creating products like pregnancy detection kits to raise diagnostic precision, improve patient results, and broaden their market presence. These kits serve to verify pregnancy by identifying human chorionic gonadotropin (hCG) within a person’s body. In June 2022, for example, US-based medical equipment producer Proov introduced new hCG tests specifically engineered for early pregnancy determination, facilitating women to confirm their pregnancy up to six days ahead of their anticipated menstruation cycle. These kits function by spotting the existence of human chorionic gonadotropin (hCG) in the urine and offer superior accuracy, with a trustworthiness rate surpassing 99. This novelty aims to offer women a dependable and accessible tool to check their pregnancy status sooner than conventional tests, thus allowing them to make educated choices about their fertility health.
Which Key Market Players Are Shaping the Future and Growth of theHuman Chorionic Gonadotropin Market?
Major companies operating in the human chorionic gonadotropin market are Pfizer Inc., Merck & Co Inc., Novartis AG, Bristol-Myers Squibb Company, Fresenius Kabi AG, Janssen Pharmaceuticals Inc., Teva Pharmaceutical Industries Ltd., Sandoz International GmbH, Sun Pharmaceutical Industries Limited, Menarini Group, Cipla Limited, Hikma Pharmaceuticals plc, Ferring Pharmaceuticals Inc., Intas Pharmaceuticals Ltd., Zydus Lifesciences Limited, Lupin Limited, Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Scripps Laboratories Inc., Aspen Pharmacare Holdings Limited, Corona Remedies Pvt Ltd., Sanzyme Private Limited, Biocare Medical LLC, Lee BioSolutions Inc., MyBioSource Inc.
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What Are the Core Segments of the Human Chorionic Gonadotropin Market, and How Do They Contribute to Growth?
The human chorionic gonadotropin market covered in this report is segmented –
1) By Technology: Natural Source Extraction, Recombinant Technology
2) By Therapeutic Area: Female Infertility Treatment, Oligospermic Treatment, Male Hypogonadism, Other Therapeutic Areas
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
4) By End User: Fertility Clinics, Research Institutions, Other End Users
Subsegments:
1) By Natural Source Extraction: Extraction From Pregnant Women’s Urine, Extraction From Animal Sources
2) By Recombinant Technology: Recombinant Hcg, Recombinant Hcg For Therapeutic Use, Recombinant Hcg For Diagnostic Applications
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What Regions Are Dominating the Human Chorionic Gonadotropin Market Growth?
North America was the largest region in the human chorionic gonadotropin market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the human chorionic gonadotropin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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