The testosterone replacement therapy is used to improve sexual performance, accomplishing higher energy levels and building muscles. Testosterone replacement therapy has many benefits such as improved sexual desire, better blood sugar regulation, lowers bad cholesterol levels, decreased risk of diabetes, increased muscle mass and strength, improved brain function and cognitive ability, decreased body fat, improved ability to handle stress, increased confidence and a more positive mood, improved sleep and increased energy levels throughout the day. Testosterone replacement therapy has many side effects such as acne and oily skin, increased risk of heart attack, lower sperm count, which results in infertility, larger breasts, increased risk of blood clots and shrinkage of the testicles.
Companies covered:
- AbbVie
- Bayer AG
- Allergan plc
- Eli Lilly and Company
- Endo Pharmaceuticals
- Mylan N.V.
- Kyowa Kirin International plc
- Novartis AG
- Pfizer
COVID-19 Scenario analysis:
To take care of infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil population for precautionary measures.
Key benefits of the report:
- This study presents the analytical depiction of the global testosterone replacement therapy market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed from 2020 to 2027.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
Top impacting factors: Market Scenario Analysis
Testosterone replacement therapy includes substitution of testosterone hormone in male patients when they experience the ill effects of hypogonadism and lower testosterone level. The TRT drugs are accessible in six diverse forms that are gels, infusions, inserts, buccal glues and orals, which is influencing the market growth. Settled medicinal services and high use and interest for cutting edge TRT items are causing the growth. Increase in the awareness among people about testosterone replacement therapy is the factor to drive market. The high risks of infections like cardiovascular sickness and prostate disease related with testosterone substitution treatment will limit market development, which will restrain the growth.
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