2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Drivers Are Shaping the Growth and Development of theHuman Growth Hormone Market?

The human growth hormone market is anticipated to grow, due to the rising awareness about various treatment procedures. Medical interventions, aimed at managing or curing diseases, are gaining recognition owing to advancements in medical technology, increased digital media exposure, and heightened focus on health and wellness. Human growth hormone (HGH) treatments have attracted significant media focus and public interest, enhancing the understanding of modern medical interventions. For example, in November 2023, the Substance Abuse and Mental Health Services Administration (SAMHSA) reported that among adolescents aged 12 to 17, the percentage receiving treatment for Major Depressive Episode (MDE) rose from 40.6% in 2021 to 56.8% in 2022. This increased awareness about therapeutic procedures is propelling the progress of the human growth hormone market. Growing health-related spending is another factor expected to fuel the human growth hormone market’s growth. Funds allocated for health services, products, and procedures designed to enhance and uphold health are escalating. Human growth hormone (HGH) therapy, that addresses root health issues, enhances recovery and quality of life, and potentially prevents costly chronic conditions, provides a novel solution to lessen healthcare expenditures. As per a report from the Office for National Statistics in May 2023, the UK healthcare spending rose by 5.6% between 2022 and 2023, reaching about $317.63 billion (£292 billion) in 2023, as compared to a growth of 0.9% in 2022. Thus, the upsurge in healthcare expenditure is driving the human growth hormone market.

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What is the Predicted Annual Growth Rate of theHuman Growth Hormone Market Impact Industry Trends by 2034?

The market size for human growth hormone has seen a fast-paced expansion in recent years. The market, valued at $4.75 billion in 2024, is predicted to increase to $5.23 billion in 2025, registering a compound annual growth rate (CAGR) of 10.1%. Factors that fueled growth during the historical period include more widespread growth disorders, increased cognizance of hormone therapies, heightened use in sports medicine, an uptick in the aging population, and enhancements in healthcare facilities.

In upcoming years, the market size for human growth hormone is predicted to experience robust expansion, with estimates predicting a growth to $7.6 billion by 2029 with a 9.8% compound annual growth rate (CAGR). This growth over the forecast period can be ascribed to the emergence of personalized medicine, the global rise in healthcare spending, increased acceptance of recombinant DNA technology, growing need for hormone replacement therapies, and an increasing incidence of endocrine disorders. Key trends in the forecast period comprise the widening of distribution networks in emerging markets, the implementation of artificial intelligence in drug discovery, a focus on eco-friendly manufacturing methods, the creation of long-acting formulations, and the application of combination therapies for improved efficacy.

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Which Cutting-Edge Market Trends Are Expected to Drive theHuman Growth Hormone Market’s Growth?

Leading firms in the human growth hormone market are intensifying their emphasis on the development and approval of drugs to improve their medical offerings and provide superior treatment options. The process of creating new drugs is multifaceted and thorough, involving numerous stages to ensure the safety, efficacy, and quality of the drug prior to its market introduction. For instance, in June 2023, Pfizer Inc., a US-based biopharmaceutical firm, along with OPKO Health Inc., another US-based biopharmaceutical and diagnostics firm, received Food and Drug Administration (FDA) approval for NGENLA (somatrogon-ghla). This therapy provides a more practical dosage protocol and heightens patient compliance, as opposed to daily injections. It gives children suffering from growth hormone deficiency the ability to decrease injection frequency from daily to weekly. The FDA’s approval was backed by a Phase 3 study that demonstrated NGENLA’s non-inferiority compared to once-daily somatropin, alongside a safety profile similar to somatropin.

What Are the Leading Market Players Impacting theHuman Growth Hormone Market’s Growth Trend?

Major companies operating in the human growth hormone market are Pfizer Inc., Roche Holding AG, Novartis AG, Thermo Fisher Scientific Inc., Eli Lilly and Company, Novo Nordisk A/S, Merck KGaA, Teva Pharmaceutical Industries Ltd., Sandoz International GmbH, Ipsen Pharma, Ferring Holding SA, Endo International, Zydus Lifesciences Limited, Opko Health, LG Life Sciences, EMD Serono Inc., Wockhardt Ltd., JCR Pharmaceuticals Co. Ltd., Genentech Inc., Shanghai United Imaging Healthcare Co. Ltd., SOFAR S.p.A., United Laboratories, Ascendis Pharma, Uni-Pharma S.A., Versartis Inc., Reliance Life Sciences, Anhui Anke Biotechnology (Group) Co. Ltd., Rani Therapeutics

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How Are the Key Segments of the Human Growth Hormone Market Driving Opportunities and Innovations?

The human growth hormone market covered in this report is segmented –

1) By Product: Liquid, Powder

2) By Brand: Norditropin, Genotropin, Humatrope, Saizen, Omnitrope, Skytrofa, Others Brands

3) By Route Of Administration: Oral, Intravenous, Intramuscular, Subcutaneous

4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacy, Specialty Pharmacy

5) By Application: Growth Hormone (GH) Deficiency, Adult Growth Hormone (GH) Deficiency, Pediatric Growth Hormone (GH) Deficiency, Turner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome, Small For Gestational Age, Other Applications

Subsegments:

1) By Liquid: Pre-Filled Liquid Syringes, Vials Of Liquid Growth Hormone

2) By Powder: Reconstitutable Powder, Freeze-Dried Powder

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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theHuman Growth Hormone Market?# Market Expansion?

North America was the largest region in the human growth hormone market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the human growth hormone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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