The global estrogen and progesterone market is anticipated to grow at a considerable CAGR of 14.1% during the forecast period. The growing number of sex reassignment procedures performed globally is one of the major factors driving the growth of the estrogen and progesterone market. Such treatments provide functional abilities and physical appearance to the transgender with sexual characteristics they believe belong to. The increasing awareness and rising social acceptance of transgender, LGBT, and gay people will also give significant support to the estrogen and progesterone market during the forecast period. Additionally, supportive reimbursement policies in developed nations including the US, the UK, and Germany will also boost the number of sex reassignment procedures. Insurance companies including Aetna and Unicare provide insurance cover for such treatments.
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Moreover, the rising prevalence of uterine bleeding, amenorrhea, breast cancer, and uterus cancer are also boosting the demand for estrogen and progesterone drugs. According to the Breast Cancer Foundation Organization, in 2020, there were over 684,996 mortality from breast cancer. Survival rates of breast cancer are high if the cancer is diagnosed at an early stage, however 80% of the breast cancers are diagnosed at an advanced stage. Thus, various foundations are supporting breast cancer-specific initiatives including The Breast Cancer Research Foundation. In October 2020, the Breast Cancer Foundation announced that it is funding $40 million for breast cancer research from 2020-2021. Additionally, BCRF’s 40% grants are for Metastatic breast cancer which funded 88 projects in 2020. These factors are driving the demand for estrogen and progesterone drugs globally.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Estrogen and Progesterone Market by Type
- Aglepristone
- Mifepristone
- Asoprisnil
- Telapristone
- Ulipristal Acetate
Global Estrogen and Progesterone Market by Distribution Channel
- Pharmacy
- Hospital and Clinics
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Aspen Pharmacare Australia Pty Ltd.
- Bayer AG
- Besins Healthcare Benelux
- Bluebell pharma Group Co.
- Kade Pharmazeutische Fabrik GmbH
- Eli Lilly Nederland B.V.
- I.S.-FABBRICA ITALIANA SINTETICI S.p.A.
- Gedeon Richter Plc
- Jenapharm GmbH & Co. KG
- MERCK SERONO, Ltd.
- V.Organon
- Orion Corp.
- Pfizer, Inc.
- Shanghai Yijing Industrial Co., Ltd.
- Sofgen Pharmaceuticals
- Virtus Pharmaceuticals LLC
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global estrogen and progesterone market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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