About Male Hypogonadism
Hypogonadism occurs when your sex glands produce little or no sex hormones, male hypogonadism or testosterone deficiency is a condition in which the body doesn't produce enough of the hormone that plays a vital role in the development and masculine growth during puberty or enough sperm or both. Sex hormones help control secondary sex characteristics such as testicular development in men, and pubic hair growth and sperm production. According to Boston University School of Medicine, approximately 4 to 5 million men in the United States, are affected with hypogonadism and low testosterone levels are commonly seen in older males. More than 60% of men over 65 years of age have free testosterone levels below the normal values of men between 30 to 35 years of age
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Male Hypogonadism market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Astrazeneca Plc. (United Kingdom), Merck & Co. Inc. (United States), Laboratories Genevrier (France), Eli Lilly and Company Ltd. (United States), Teva Pharmaceutical Industries Ltd. (Israel), Bayer AG (Germany), Pfizer Inc.(United States), Allergan Plc. (Ireland), Ferring (Switzerland) and AbbVie Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are IBSA Institut Biochimque (Slovakia) and Endo International Plc. (Ireland).
Segmentation Overview
AMA Research has segmented the market of Global Male Hypogonadism market by Type (Primary hypogonadism(Genetic, congenital) and Secondary hypogonadism(Kallman syndrome, pituitary gland tumour)), Application (Kallmann Syndrome, Klinefelters Syndrome, Pituitary Disorders and Others) and Region.
On the basis of geography, the market of Male Hypogonadism has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Therapy, the sub-segment i.e. Testosterone Replacement Therapy will boost the Male Hypogonadism market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Treatment, the sub-segment i.e. Radiation will boost the Male Hypogonadism market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diagnosed , the sub-segment i.e. Hormone tests will boost the Male Hypogonadism market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cause, the sub-segment i.e. Congenital will boost the Male Hypogonadism market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drug Delivery, the sub-segment i.e. Injection will boost the Male Hypogonadism market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High adoption of hormones therapy with increasing cases of hypogonadism
Market Growth Drivers:
The increasing number of Cases of Male Hypogonadism Worldwide and The Increasing Awareness Among Individuals Regarding Hypogonadism Treatment
Challenges:
High cost associated with the treatment
Restraints:
The adverse effect of the treatment
Opportunities:
Increasing incidence and prevalence of hypogonadism and rise in awareness about hypogonadism
Market Leaders and their expansionary development strategies
In June 2022, Novel testosterone undecanoate capsule launched in US hypogonadism market. The launch of Tlando represents second testosterone replacement therapy product,
In February 2020 Clarus Therapeutics announced the launch of new capsule for the male hypogonadism named JATENZO®. JATENZO is the first and only oral softgel testosterone undecanoate, and the first oral testosterone medicine approved by the U.S. FDA in more than 60 years. JATENZO is indicated for testosterone replacement therapy in adult males for conditions associated with a deficiency or absence of endogenous testosterone.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Male Hypogonadism Manufacturer, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.