The global Human Chorionic Gonadotropin (hCG) market has been growing at a phenomenal pace since the past few years due to rise in infertility in women. Changing lifestyles and poor dietary habits are expected to make a significant contribution to the soaring revenue of the hCG market. Gynecology is the fundamental branch of medicine concerned with medical issues among women. It incorporates conditions related to wellbeing of women and their screening and testing methodology. Female body is particularly prone to different types of cancer, such as, breast cancer, cervical cancer, and ovarian cancer. Other rising medical conditions comprise infertility, polycystic ovarian disorder, menopause, osteoporosis, depression and obesity. Human chorionic gonadotropin is a hormone produced by placenta in a pregnant women and is a type of gonadotropin hormone.
Rise in availability of treatment and services regarding infertility and increase in awareness about therapeutics for infertility issues are boosting the demand for human chorionic gonadotropin (hcG) hormone in developing countries. Increasing prevalence of hypogonadism-related disorders in males, especially in elderly men, is a primary driver of the human chorionic gonadotropin (hCG) market as recently hcG hormone is also used in treating males hypogonadism. Efforts of global health organizations and voluntary organizations for improving the sexual health of people in underdeveloped countries are also stoking the demand for hCG hormone. In addition, sedentary lifestyle and stress concerning personal and professional life have also led to fertility-related issues. Urban women tend to seek medical help for women-centric ailments that may impact the quality of life. Rise in elderly women population is another factor propelling the growth of human chorionic gonadotropin (hCG) market. However, FDA has issued certain warnings against the side-effects associated with using human chorionic gonadotropin as a treatment, which is anticipated to act as a restraint to the growth of the human chorionic gonadotropin (hcG) market in the near future.
The global human chorionic gonadotropin (hCG) market can be segmented on the basis of technology, therapeutic area, end-user, and region. Based on technology, the market can be divided into natural source extraction and recombinant technology. In terms of therapeutic area, the market can be classified into male hypogonadism, infertility treatment in women, oligospermic treatment, and others. Among these, infertility treatment in women constitutes the dominant share of the global human chorionic gonadotropin market. On the basis of end-user, the market can be segmented into fertility clinics, research institutions, and others.
Geographically, the global human chorionic gonadotropin (hCG) market can be distributed into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe are expected to remain the leading market for human chorionic gonadotropin due to focus on innovation in technology to introduce new, advanced techniques with more particular treatment; better spotlight on infertility treatment, and presence of significant global pharmaceutical and biotechnology associations in the regions. The human chorionic gonadotropin (hCH) market in Asia Pacific is projected to grow rapidly during the forecast period. Increase in patient population and rise in awareness regarding health care treatment facilities and services are fuelling the growth of the human chorionic gonadotropin (hCG) market.
Major players operating in the global women health diagnostics market include Bristol Myers Squibb Company, Merck & Co., Inc., Cigna, Lee BioSolutions Inc., Scripps Laboratories, Ferring Pharmaceuticals Inc., Fresenius Kabi AG, Sun Pharmaceutical Industries Ltd., Sanzyme, and LUPIN.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.