Product Code: ETC104928 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines hormone replacement therapy (HRT) market size was valued at USD 840.8 million in 2018 and is expected to reach USD 1,279.5 million, expanding at a CAGR of 5.3% during the forecast period. The increasing prevalence of menopausal symptoms among women has driven the growth of this market in Philippines over the years as HRT helps relieve those symptoms. Additionally, rising health consciousness among people worldwide coupled with increasing awareness about various lifestyle related diseases have further helped drive demand for HRT products in recent times. Moreover, governments across countries are increasingly focusing on providing healthcare facilities to their citizens which has also contributed significantly towards boosting sales of these products across numerous regions including but not limited to Asia Pacific region such as Philippines where government initiatives have led to increased access and affordability levels for consumers looking for various treatments options such as Hormone Replacement Therapy (HRT). Furthermore, product innovations coupled with development of new delivery systems will generate more opportunities for revenue growth throughout the projected timeline from 2025-2031 due to benefits offered by new forms like gels or patches when compared against traditional modes such as tablets or capsules that can be taken orally.
The Philippines hormone replacement therapy (HRT) market is influenced by factors such as aging demographics and increasing awareness about menopause-related health concerns. As women seek solutions to manage menopausal symptoms, the demand for HRT products and services has grown. Key drivers in this market include healthcare providers and pharmaceutical companies like Pascual Laboratories, which offer hormone therapy options to address women`s health needs, aiming to improve the quality of life for women experiencing hormonal changes.
The Philippines hormone replacement therapy (HRT) market, catering to women`s health and addressing hormonal imbalances, could include key players such as Bayer Philippines, known for its comprehensive healthcare solutions. Another notable participant might be Novartis Philippines, contributing to the market with its pharmaceutical expertise and HRT options, providing valuable choices for healthcare providers and patients.
The Philippines hormone replacement therapy (HRT) market faced challenges amid the COVID-19 pandemic. HRT is utilized in healthcare for managing hormone imbalances. The disruptions in healthcare services and reduced clinic visits influenced the market`s demand. However, as healthcare services adapt to remote consultations and clinics resume normal operations, the market is anticipated to recover. The ongoing need for hormone management and the aging population will drive the resurgence of the HRT market.
The Philippines hormone replacement therapy (HRT) market, catering to women`s health and addressing hormonal imbalances, could include key players such as Bayer Philippines, known for its comprehensive healthcare solutions. Another notable participant might be Novartis Philippines, contributing to the market with its pharmaceutical expertise and HRT options, providing valuable choices for healthcare providers and patients.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Hormone Replacement Therapy Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Hormone Replacement Therapy Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Hormone Replacement Therapy Market - Industry Life Cycle |
3.4 Philippines Hormone Replacement Therapy Market - Porter's Five Forces |
3.5 Philippines Hormone Replacement Therapy Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Hormone Replacement Therapy Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Philippines Hormone Replacement Therapy Market Revenues & Volume Share, By Type of Disease, 2021 & 2031F |
4 Philippines Hormone Replacement Therapy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Hormone Replacement Therapy Market Trends |
6 Philippines Hormone Replacement Therapy Market, By Types |
6.1 Philippines Hormone Replacement Therapy Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Estrogen Hormone Replacement Therapy, 2021-2031F |
6.1.4 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Human Growth Hormone Replacement Therapy, 2021-2031F |
6.1.5 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Thyroid Hormone Replacement Therapy, 2021-2031F |
6.1.6 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Testosterone Hormone Replacement Therapy, 2021-2031F |
6.2 Philippines Hormone Replacement Therapy Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Oral, 2021-2031F |
6.2.3 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Parenteral, 2021-2031F |
6.2.4 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Transdermal, 2021-2031F |
6.2.5 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Hormone Replacement Therapy Market, By Type of Disease |
6.3.1 Overview and Analysis |
6.3.2 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Menopause, 2021-2031F |
6.3.3 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Hypothyroidism, 2021-2031F |
6.3.4 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Male Hypogonadism, 2021-2031F |
6.3.5 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Growth Hormone Deficiency, 2021-2031F |
6.3.6 Philippines Hormone Replacement Therapy Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Hormone Replacement Therapy Market Import-Export Trade Statistics |
7.1 Philippines Hormone Replacement Therapy Market Export to Major Countries |
7.2 Philippines Hormone Replacement Therapy Market Imports from Major Countries |
8 Philippines Hormone Replacement Therapy Market Key Performance Indicators |
9 Philippines Hormone Replacement Therapy Market - Opportunity Assessment |
9.1 Philippines Hormone Replacement Therapy Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Hormone Replacement Therapy Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Philippines Hormone Replacement Therapy Market Opportunity Assessment, By Type of Disease, 2021 & 2031F |
10 Philippines Hormone Replacement Therapy Market - Competitive Landscape |
10.1 Philippines Hormone Replacement Therapy Market Revenue Share, By Companies, 2024 |
10.2 Philippines Hormone Replacement Therapy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |