Global market for Human Growth Hormone is expected to reach about 4.63 billion USD by 2022

The global market for Human Growth Hormone is expected to reach about 4.63 billion USD by 2022 from 3.63 billion USD in 2016, registering a Compounded Annual Growth Rate (CAGR) of 4.16% during the analysis period, 2017-2022.

Publisher: QYResearch

Published Date: 2018/6/1

First, for industry structure analysis, the Human Growth Hormone industry is very concentrated. These manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for more than 80% of the revenue market. Regionally, North America is the biggest production value area of valves, also the leader in the whole Human Growth Hormone industry.

Second, the production of Human Growth Hormone increased from 170.67 Million IU in 2012 to 209 Million IU in 2016 with an average growth rate of 5.20%.

Third, North America occupied 42.65% of the production market in 2016. It is followed by Europe and China, which respectively have around 27.26% and 16.70% of the global total industry. Other countries have a small amount of production. Geographically, North America was the largest consumption market in the world, which took about 44.59% of the global consumption volume in 2015.

Forth, the downstream industries of Human Growth Hormone products are kids and adults. In the recent years, with the recovery of global economic, the development of emerging countries and the rising health concern, the consumption increase of Human Growth Hormone will be obvious.

Fifth, for forecast, the global Human Growth Hormone revenue would keep increasing with annual growth rate with 3~5%. We tend to believe that this industry still has a bright future, considering the current demand of Human Growth Hormone.

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