Anabolic Steroids Market Is Likely to Experience a Tremendous Growth in Near Future
Starting with the overview of the Anabolic Steroids market , it provides an overall analysis of the latest trends prevailing in the industry. The report begins by describing the market environment and analyzing the size and forecast of products or services based on regions and applications.
In addition, the report introduces the market competition landscape among the vendors and manufacturers that contribute to the growth of the product or service. The company profile and market price analysis in terms of value chain characteristics are also covered in the report. The data experts examined and questioned the industry trends in the focus regions. 2022 was considered as the base year, the forecast period extends to 2031.
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Anabolic steroids, also known as androgenic steroids, are derivatives of testosterone that are important for promoting and maintaining muscle mass and creating additional male sex characteristics such as an elongated voice and facial hair.
They are anabolic and increase protein in cells, particularly in skeletal muscle, anabolic steroids used in disease recovery to stimulate muscle growth, stimulate male youth and treat chronic wasting diseases including cancer and AIDS.
The increase in the geriatric population is driving the commercial center for androgens and anabolic steroids as more men are prone to hypogonadism. Also, the increase in weight problems in men is driving the overall androgens and anabolic steroids market. The increasingly adverse health conditions especially in the developing countries are expected to drive the growth of the market over the forecast period.
Also, the increase in government ventures for higher human services is attributed to the growth of the overall androgens and anabolic steroids market. The increase in occurrence of hypogonadism in males is expected to increase the global androgens and anabolic steroids market throughout the forecast period. The rise in male impotence due to weight problems and fatigue is expected to increase demand for androgens and anabolic steroids during the projected duration.
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market segmentation
Based on synthetic derivatives
17 alpha-alkyl derivatives
17 beta-ester derivatives
Based on Routes of Administration
Oral
Injection
Topical (Creams & Gels)
Skin Patches
Inhalers
Based on Applications
Anabolic
Androgenic
Other
Based on the sales channels
hospital pharmacies
retail pharmacies
online pharmacies
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Regional Outlook
The North American anabolic steroid market has had the largest market share due to the increasing prevalence of breast cancer in women. According to many studies, breast cancer is one of the leading causes of death in the United States. Europe has the second largest share of the anabolic steroid market due to accelerated incidence of hypogonadism in males and delayed puberty in adolescent boys.
key figures
Valeant, Endo Pharmaceuticals Solutions Inc., Germiphene Corporation, Taro Pharmaceuticals, Inc., Antares Pharma, Inc, Actavis Pharma, Inc, Sandoz, Pfizer, Unimed Pharmaceuticals, Upsher-Smith und andere
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