Hypogonadism Treatment Market Size and Share

Hypogonadism Treatment Market (2025 - 2030)
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Hypogonadism Treatment Market Analysis by Mordor Intelligence

The hypogonadism treatment market size is estimated at USD 4.47 billion in 2025 and is forecast to reach USD 6.07 billion by 2030, registering a 6.32% CAGR over the period. Recent removal of United States Food and Drug Administration cardiovascular warnings from all testosterone labels, issued in February 2025, has resolved years of regulatory friction and immediately broadened eligibility for men with biochemically proven testosterone deficiency. Simultaneously, a swelling cohort of older males, incremental advances in diagnostic precision and an expanding pipeline of selective androgen receptor modulators (SARMs) support sustained uptake. North American telehealth operators intensify competitive pressures by lowering consultation hurdles, while product‐specific innovations—such as prefilled single-dose testosterone cypionate and high-bioavailability oral undecanoate capsules—directly tackle safety, convenience and adherence constraints that historically restrained long-term therapy adoption. Collectively, these factors establish a demand environment in which payers, clinicians and developers align behind a more permissive posture toward testosterone restoration for clearly identified endocrine deficiency rather than elective vitality enhancement.

Key Report Takeaways

  • By type of hypogonadism, mixed/late-onset presentations held 45.51% of 2024 hypogonadism treatment market share, whereas secondary/central hypogonadism is set to grow at a 9.65% CAGR through 2030.
  • By therapy class, testosterone replacement therapy accounted for 84.53% of 2024 revenue, while SARMs are projected to advance at a 13.85% CAGR to 2030.
  • By route of administration, topical gels captured 36.21% of 2024 demand, and oral/buccal tablets are poised for the quickest expansion at a 10.87% CAGR during the forecast horizon.
  • By end user, hospitals contributed 50.12% of sales in 2024; online and telehealth clinics are forecast to climb at a 14.71% CAGR through 2030.
  • By gender, male patients represented 90.32% of 2024 consumption, yet the transgender and non-binary segment is projected to grow at a 17.61% CAGR by 2030.
  • By geography, North America commanded 39.32% of 2024 revenue, while Asia-Pacific is anticipated to rise at a 10.61% CAGR across the assessment period.

Segment Analysis

By Type of Hypogonadism: Mixed Presentations Drive Clinical Complexity

Mixed or late-onset presentations captured 45.51% of 2024 revenue, making them the largest slice of the hypogonadism treatment market. This dominance arises because progressive Leydig‐cell senescence often combines with partial hypothalamic or pituitary insufficiency, producing hormonally ambiguous profiles that demand treatment once clinical symptoms emerge. Secondary or central etiologies, while only a quarter of current incidence, will outpace all other categories at a 9.65% CAGR through 2030 as imaging and hormone panels detect subtle pituitary lesions sooner. 

Clinicians increasingly parse mixed pathology into organic versus functional subsets, consistent with Italian Society of Andrology recommendations that drive tailored regimens[3]Italian Society of Andrology and Sexual Medicine, “Adult- and Late-Onset Male Hypogonadism: Clinical Practice Guidelines,” ncbi.nlm.nih.gov. Awareness that chronic illness, obesity and medication burden can induce reversible central suppression encourages early therapeutic trials combined with lifestyle modification. As guideline adoption widens, the secondary segment’s contribution to hypogonadism treatment market size is projected to swell, bringing sophisticated diagnostic workflows into primary care and tele-endocrinology settings alike.

Hypogonadism Treatment Market: Market Share by Type of Hypogonadism
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Note: Segment shares of all individual segments available upon report purchase

By Therapy Class: SARMs Challenge Testosterone Dominance

Testosterone formulations delivered 84.53% of 2024 hypogonadism treatment market size, underscoring their entrenched clinical role. Yet SARMs are forecast to surge at 13.85% CAGR, signalling a pivot toward molecules that isolate anabolic benefit from androgenic liability. Repeated demonstration of lean-mass gain in cachexia and age-related sarcopenia positions SARMs as either step-up therapy for high-risk men or first-line for patients wary of erythrocytosis and prostate events. 

Progress remains gated by ongoing Phase 3 endpoints and FDA comfort with long-term safety datasets, but venture funding and pharmaceutical licensing deals suggest strong confidence in eventual commercialization. Once approved, SARMs could erode testosterone’s hypogonadism treatment market share both through direct substitution and combination protocols that lower total androgen exposure while maintaining eugonadal benefits.

By Route of Administration: Oral Formulations Gain Momentum

Topical gels held 36.21% of global revenue in 2024, reflecting decades of preference for non-invasive self-administration. However, the oral/buccal segment is advancing fastest, expanding at a 10.87% CAGR as pharmacokinetic hurdles are overcome by lymphatic absorption technologies. KYZATREX pivotal data show trough maintenance within physiologic bands without hepatotoxicity, persuading endocrinologists to consider pills for compliant candidates who dislike dermal transfer risks. 

Injectable depots remain essential for men prioritizing quarterly dosing, now enhanced by sterile single-dose cypionate syringes that cut clinic preparation time. Pellet implants occupy a durable niche among patients who desire multi-month stability with minimal compliance burden. Collectively, diversified delivery drives patient‐centric tailoring, bolstering both adherence and lifetime value per treated individual in the hypogonadism treatment market.

By End User: Telehealth Disrupts Traditional Care Models

Hospitals generated 50.12% of 2024 expenditure owing to their pivotal role in complex endocrine workups and comorbidity management. Yet online clinics exhibit a 14.71% CAGR as app-based questionnaires, mailed laboratories and at-home sample collection compress the diagnostic interval. Virtual follow-up also mitigates geographic disparities, activating demand in communities underserved by endocrinologists. 

Specialty centers retain an edge in multifactorial cases—such as infertility co-management or pituitary adenoma surveillance—but frequently partner with telemedicine firms to extend reach. Pharmacists, empowered by state collaborative practice agreements, open another front by running protocolized refill programs for stable patients. This fragmentation diffuses channel power and compels traditional providers to adopt hybrid models to protect share within the hypogonadism treatment industry.

Hypogonadism Treatment Market: Market Share by End User
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Note: Segment shares of all individual segments available upon report purchase

By Gender: Transgender Segment Drives Fastest Growth

Male cisgender patients represented 90.32% of therapy volume in 2024, given the biological predominance of testicular insufficiency. Nevertheless, the transgender and non-binary cohort will expand at a 17.61% CAGR owing to broader social acceptance and increasing insurance alignment on gender-affirming hormone care. Clinical protocols for masculinizing therapy in this population often overlap dosing regimens used in primary hypogonadism, thereby leveraging existing supply chains. 

Female androgen deficiency remains a smaller but clinically validated niche—particularly following oophorectomy—where low-dose formulations improve libido and mood. Ongoing psychiatric research underscores quality-of-life gains from appropriate testosterone titration in post-menopausal women. Expansion of gender-inclusive endocrinology curricula ensures future prescribers can navigate dosing nuance across sex spectra, supporting incremental lift to hypogonadism treatment market growth.

Geography Analysis

North America secured 39.32% of 2024 global sales supported by mature payer structures, direct-to-consumer testing and widespread telehealth infrastructure. Clinician familiarity with long-acting injectables and topical gels further entrenches penetration among symptomatic men. Yet the region’s saturated awareness and strict prescription oversight temper volume acceleration. 

Asia-Pacific will set the growth pace at a 10.61% CAGR as demographic ageing converges with rapid healthcare-access expansion. Japanese longitudinal data proving symptom benefit over 60 months catalyze regional guideline harmonization. China’s parallel surge in menopausal hormone therapy illustrates cultural normalization of endocrine interventions, likely spilling over into male deficiency management. India’s urban clinics increasingly market bundled lab panels and teleconsults targeting fatigue and metabolic syndrome, thus broadening addressable hypogonadism treatment market size.

Europe combines universal coverage with stringent prescribing criteria, producing steady but moderate volume gains. Market potential grows as the European Association of Urology refines late-onset hypogonadism definitions to streamline initiation. The Middle East and Africa, though embryonic, show positive directionality given private-sector hospital growth and expatriate demand for Western standard care. South America’s moderating inflation and progressive medical licensure reciprocity foster cross-border telehealth initiatives that inject new competition into urban centres.

Hypogonadism Treatment Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The hypogonadism treatment market is moderately consolidated. AbbVie, Pfizer and Endo International maximise scale via depth across gels, injectables and adjunct therapies, leveraging sales forces that already co-detail urology and primary-care products. AbbVie recorded USD 56.334 billion in 2024 net revenue, underwriting continuous life-cycle management of its hormone portfolio. Pfizer preserves franchise relevance through supply agreements on generic testosterone esters filed with regulators worldwide.

Disruptive entrants build brand equity around convenience. Marius Pharmaceuticals’ intellectual-property moat for KYZATREX secures exclusivity until 2040, incentivising direct-to-consumer outreach that bypasses traditional detailing. Azurity’s Azmiro pivots on delivery innovation to win prescriber trust in hospital and home-health channels. Telehealth conglomerates use subscription frameworks with automated laboratory scheduling to lock in multiyear customer lifetime value, pressuring legacy retail pharmacies.

Compounding outsourcing facilities operating under Section 503B inject bespoke pellet or cream variants for patients intolerant to commercial SKUs, intensifying price transparency. Long-run differentiation will pivot on combining therapeutic breadth with digital adherence monitoring, closing the loop among prescribers, labs and patients.

Hypogonadism Treatment Industry Leaders

  1. AbbVie Inc

  2. Pfizer Inc

  3. Endo International

  4. Eli Lilly

  5. Bayer AG

  6. *Disclaimer: Major Players sorted in no particular order
Hypogonadism Treatment Market Concentration
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Recent Industry Developments

  • May 2025: Marius Pharmaceuticals received a sixth United States patent allowance for KYZATREX, extending exclusivity to 2040 and reinforcing its oral testosterone leadership.
  • December 2024: Azurity Pharmaceuticals launched Azmiro, the first FDA-approved single-dose prefilled testosterone cypionate syringe for outpatient and self-administration.

Table of Contents for Hypogonadism Treatment Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Prevalence Of Age-Related Hypogonadism
    • 4.2.2 Greater Awareness & Screening Initiatives
    • 4.2.3 Product Line Extensions In Testosterone Delivery
    • 4.2.4 Selective Androgen Receptor Modulators (SARMs) Pipeline Traction
    • 4.2.5 Telemedicine-Based TRT Clinics Scaling In U.S. & EU
    • 4.2.6 Relaxed U.S. 503B Outsourcing Rules For Pellet Implants
  • 4.3 Market Restraints
    • 4.3.1 Safety & Cardiovascular Risk Perceptions
    • 4.3.2 Social Stigma Surrounding Hormone Therapy
    • 4.3.3 Reimbursement Hurdles & Prior-Authorization Delays
    • 4.3.4 API Supply Disruptions After China's Environmental Crack-Downs
  • 4.4 Porter's Five Forces
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitutes
    • 4.4.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Type of Hypogonadism
    • 5.1.1 Primary (Testicular) Hypogonadism
    • 5.1.2 Secondary/Central Hypogonadism
    • 5.1.3 Mixed / Late-onset
  • 5.2 By Therapy Class
    • 5.2.1 Testosterone Replacement Therapy
    • 5.2.2 Estrogen Therapy
    • 5.2.3 Progesterone Therapy
    • 5.2.4 SARMs & Novel Androgens
    • 5.2.5 Gonadotropin-releasing Hormone Analogues
  • 5.3 By Route of Administration
    • 5.3.1 Topical Gel
    • 5.3.2 Transdermal Patch
    • 5.3.3 Intramuscular Injection
    • 5.3.4 Sub-cutaneous / Implantable Pellet
    • 5.3.5 Oral / Buccal Tablets
  • 5.4 By End User
    • 5.4.1 Hospitals
    • 5.4.2 Specialty Clinics
    • 5.4.3 Online / Telehealth Clinics
    • 5.4.4 Home-care Settings
  • 5.5 By Gender
    • 5.5.1 Male
    • 5.5.2 Female
    • 5.5.3 Transgender & Non-binary
  • 5.6 Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 Europe
    • 5.6.2.1 Germany
    • 5.6.2.2 United Kingdom
    • 5.6.2.3 France
    • 5.6.2.4 Italy
    • 5.6.2.5 Spain
    • 5.6.2.6 Rest of Europe
    • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 Japan
    • 5.6.3.3 India
    • 5.6.3.4 South Korea
    • 5.6.3.5 Australia
    • 5.6.3.6 Rest of Asia-Pacific
    • 5.6.4 Middle East and Africa
    • 5.6.4.1 GCC
    • 5.6.4.2 South Africa
    • 5.6.4.3 Rest of Middle East and Africa
    • 5.6.5 South America
    • 5.6.5.1 Brazil
    • 5.6.5.2 Argentina
    • 5.6.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 AbbVie Inc
    • 6.3.2 Pfizer Inc
    • 6.3.3 Endo International
    • 6.3.4 Eli Lilly
    • 6.3.5 Bayer
    • 6.3.6 Ferring Pharmaceuticals
    • 6.3.7 Merck KGaA (Serono)
    • 6.3.8 Teva
    • 6.3.9 Viatris (Mylan)
    • 6.3.10 Clarus Therapeutics
    • 6.3.11 Acerus Pharma
    • 6.3.12 Besins Healthcare
    • 6.3.13 Novo Nordisk
    • 6.3.14 Ipsen
    • 6.3.15 Lupin Ltd
    • 6.3.16 Cipla Ltd
    • 6.3.17 Sandoz AG
    • 6.3.18 BioTE Medical
    • 6.3.19 Antares Pharma
    • 6.3.20 Endoceutics

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment

Global Hypogonadism Treatment Market Report Scope

Hypogonadism is a rare hormonal disorder characterized by insufficient production of testes or ovaries, result in diminished production of sex hormones. Hypogonadism Treatment Market is segmented By Type, Treatment Type, Route of Administration and Geography.

By Type of Hypogonadism
Primary (Testicular) Hypogonadism
Secondary/Central Hypogonadism
Mixed / Late-onset
By Therapy Class
Testosterone Replacement Therapy
Estrogen Therapy
Progesterone Therapy
SARMs & Novel Androgens
Gonadotropin-releasing Hormone Analogues
By Route of Administration
Topical Gel
Transdermal Patch
Intramuscular Injection
Sub-cutaneous / Implantable Pellet
Oral / Buccal Tablets
By End User
Hospitals
Specialty Clinics
Online / Telehealth Clinics
Home-care Settings
By Gender
Male
Female
Transgender & Non-binary
Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By Type of Hypogonadism Primary (Testicular) Hypogonadism
Secondary/Central Hypogonadism
Mixed / Late-onset
By Therapy Class Testosterone Replacement Therapy
Estrogen Therapy
Progesterone Therapy
SARMs & Novel Androgens
Gonadotropin-releasing Hormone Analogues
By Route of Administration Topical Gel
Transdermal Patch
Intramuscular Injection
Sub-cutaneous / Implantable Pellet
Oral / Buccal Tablets
By End User Hospitals
Specialty Clinics
Online / Telehealth Clinics
Home-care Settings
By Gender Male
Female
Transgender & Non-binary
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America

Key Questions Answered in the Report

What is the current value of the hypogonadism treatment market?

The global hypogonadism treatment market size is pegged at USD 4.47 billion in 2025.

How fast will the market expand over the next five years?

From 2025 to 2030, the market is projected to grow at a 6.32% CAGR.

Which therapy class is growing fastest?

Selective androgen receptor modulators are forecast to increase at a 13.85% CAGR, outpacing all other classes.

Why are oral testosterone products gaining traction?

High-bioavailability oral capsules now achieve physiologic testosterone levels without liver toxicity, offering a convenient alternative to daily gels and injections.

What region offers the best growth prospects?

Asia-Pacific is expected to record a 10.61% CAGR, driven by demographic ageing and wider diagnostic coverage.

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