Follicle Stimulating Hormone Market Future Prospects and Forecast To 2028
The global follicle stimulating hormone (FSH) market
is expected to grow at a CAGR of xx% during the forecast period 2022 to 2028. Precision Business Insights published a research report on "Follicle stimulating hormone market By Product Type (Recombinant Follicle Stimulating Hormone, Urinary
follicle Stimulating Hormone), By Application (Assisted Reproductive
technology, Infertility Treatment), By End Users (Hospitals, Gynecology
Clinics, Infertility Centers), and Geography –- Global/Region/Country
Forecast to 2028". Follicle stimulating hormone market is anticipated
to grow at significant rate.
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Increase in healthcare expenses fuelling the Follicle Stimulating Hormone Market
Follicle stimulating hormone (FSH) helps to regulate the functions of
ovaries as well as tests. It also helps in the development of reproductive
process and pubertal maturation process. FSH is a gonadotropic hormone secreted
by anterior pituitary gland. Deficiency of follicle stimulating hormone can
cause the infertility women and men. There are a number of factors that are
projected to foster the follicle stimulating hormone market over the forecast
period such as growing healthcare expenses, increasing cases of infertility in
women and men because of the lifestyle change and growing R&D for the
follicle stimulating hormone synthesis. But, dearth of consciousness in
underdeveloped countries, strict regulatory guidelines for the approval of the
product and availability of other procedures for infertility can hinder the
follicle stimulating hormone market. Follicle stimulating market is categorized
according to end user, product type, region and application.
Follicle
Stimulating Hormone (FSH) Market – Geographical Analysis
On the basis of geographical analysis,
the global follicle stimulating hormone market is categorized into different
regions such as North America, Latin America, Middle East, Africa, Europe and
Asia Pacific. Follicle stimulating hormone market in North America is
anticipated to experience considerable growth rate owing to increasing
consciousness amid physicians related to synthetic derivatives in the region.
Europe market also obtained notable share, which is hugely driven by the
growing adoption of synthetic FSH products and growing awareness amid the
healthcare experts. Follicle stimulating hormone market growth in Asia pacific
is fuelled by the presence of large patient pool in emerging countries of this
region such as India and China. Economic growth and business expansion by the
industry players are the key factors greatly contribute towards the growth of
follicle stimulating hormone market in Latin America.
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Competitive Market
A few major key players profiled in the follicle stimulating hormone market are Merck Serono (Germany), Merck Sharp & Dohme Corp. (Merck & Co. Inc.) (U.S.), Ferring B.V. (Switzerland), IBSA Institut Biochimque SA (Switzerland), Livzon Pharmaceutica Group Inc. (Hong Kong), Techwell Inc. (U.S.), Gedeon Richter Plc (Hungary) and GenScience Pharmaceuticals Co. Ltd. (Changchun High & New Tech) (China). Market players focus on adopting a few key strategies including mergers, acquisitions, collaborations and new product launches to leverage their position in the market and expand their business. For example, Gedeon Richter acquired Finox Holding in June 2016 for expanding its business including FSH in market of Europe.
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