Spain Human Growth Hormone Market Size & Outlook

The human growth hormone market in Spain is expected to reach a projected revenue of US$ 378.2 million by 2030. A compound annual growth rate of 12.7% is expected of Spain human growth hormone market from 2024 to 2030.
Revenue, 2023 (US$M)
$164.1
Forecast, 2030 (US$M)
$378.2
CAGR, 2024 - 2030
12.7%
Report Coverage
Spain

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Spain human growth hormone market, 2018-2030 (US$M)

Spain human growth hormone market, 2018-2030 (US$M)

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Spain human growth hormone market highlights

  • The Spain human growth hormone market generated a revenue of USD 164.1 million in 2023 and is expected to reach USD 378.2 million by 2030.
  • The Spain market is expected to grow at a CAGR of 12.7% from 2024 to 2030.
  • In terms of segment, growth hormone deficiency was the largest revenue generating application in 2023.
  • Growth Hormone Deficiency is the most lucrative application segment registering the fastest growth during the forecast period.

Human growth hormone market data book summary

Market revenue in 2023USD 164.1 million
Market revenue in 2030USD 378.2 million
Growth rate12.7% (CAGR from 2023 to 2030)
Largest segmentGrowth hormone deficiency
Fastest growing segmentGrowth Hormone Deficiency
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTurner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome, Small for Gestational Age, Other Applications, Growth Hormone Deficiency
Key market players worldwideNovo Nordisk A/S ADR, Eli Lilly and Co, Pfizer Inc, Sandoz Group AG ADR, Roche, Ferring, Ipsen SA, Teva Pharmaceutical Industries Ltd

Other key industry trends

  • In terms of revenue, Spain accounted for 2.6% of the global human growth hormone market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany human growth hormone market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 586.8 million by 2030.

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Human Growth Hormone Market Companies

Name Profile # Employees HQ Website
Sandoz Group AG ADR View profile - - -
Ipsen SA View profile 5325 65 Quai Georges Gorse, Billancourt Cedex, Boulogne, France, 92100 https://www.ipsen.com
Ferring View profile 5001-10000 Saint-prex, Vaud, Switzerland, Europe https://www.ferring.com
Roche View profile 10001+ Basel, Basel-Stadt, Switzerland, Europe http://www.roche.com
Novo Nordisk A/S ADR View profile 66015 Novo Alle 1, Bagsvaerd, Denmark, 2880 https://www.novonordisk.com
Eli Lilly and Co View profile 43000 Lilly Corporate Center, Indianapolis, IN, United States, 46285 https://www.lilly.com
Pfizer Inc View profile 88000 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 https://www.pfizer.com
Teva Pharmaceutical Industries Ltd View profile 37851 124 Dvora HaNevi’a Street, Tel Aviv, Israel, 6944020 https://www.tevapharm.com

Spain human growth hormone market size, by application, 2018-2030 (US$M)

Spain Human Growth Hormone Market Outlook Share, 2023 & 2030 (US$M)

Spain human growth hormone market size, by application, 2018-2030 (US$M)

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