Androgen Replacement Therapy (ART) Market

By Product Type;

Testosterone Creams/Gels, Testosterone Patches, Testosterone Injections, Testosterone Implants, and Testosterone Tablets

By Active Ingredient;

Testosterone, Methyl Testosterone, Testosterone Undecanoate, Testosterone Enanthate, and Testosterone Cypionate

By Distribution Channel;

Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Specialty Pharmacies

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn547430155 Published Date: June, 2025 Updated Date: August, 2025

Androgen Replacement Therapy Market Overview

Androgen Replacement Therapy Market (USD Million)

Androgen Replacement Therapy Market was valued at USD 2,042.33 million in the year 2024. The size of this market is expected to increase to USD 3,026.57 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Androgen Replacement Therapy (ART) Market

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 2,042.33 Million
Market Size (2031)USD 3,026.57 Million
Market ConcentrationMedium
Report Pages362
2,042.33
2024
3,026.57
2031

Major Players

  • AbbVie Inc
  • Bayer AG
  • Endo International plc
  • Lilly
  • Kyowa Kirin Co Ltd
  • Novartis AG
  • Pfizer Inc
  • Clarus Therapeutics
  • Perrigo Company plc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Androgen Replacement Therapy (ART) Market

Fragmented - Highly competitive market without dominant players


The Androgen Replacement Therapy Market is experiencing robust momentum driven by increasing recognition of testosterone deficiencies in aging men. Over 40% of males above 45 face hormonal imbalances, leading to higher adoption of androgen therapies. Lifestyle factors are also contributing to rising demand across various age groups.

Advancements in Treatment Delivery Methods
Breakthroughs in non-invasive drug delivery systems, such as patches and subcutaneous implants, are reshaping therapeutic approaches. These solutions have resulted in a 35% surge in patient preference for convenient, long-lasting formats. Long-acting formulations are proving especially beneficial for individuals requiring sustained hormone levels.

Greater Awareness and Early Detection
Wider access to medical diagnostics has caused a 50% rise in testosterone deficiency detection. As awareness spreads, more individuals are receiving timely treatments, leading to a growing reliance on ART beyond traditional applications. Physicians are also prescribing ART for a broader range of hormone-related conditions.

Focus on Safety and Regulatory Compliance
Ongoing regulatory monitoring affects around 20% of products, underscoring the market’s focus on long-term safety. Manufacturers are proactively enhancing safety profiles by complying with updated clinical guidelines. Despite these regulatory checks, ART continues to gain traction as a dependable therapeutic option.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Active Ingredient
    3. Market Snapshot, By Distribution Channel

    4. Market Snapshot, By Region
  4. Androgen Replacement Therapy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population Growth

        2. Rising Hypogonadism Cases

        3. Advanced Delivery Methods

      2. Restraints
        1. Potential Side Effects

        2. High Treatment Costs

        3. Regulatory Hurdles

      3. Opportunities
        1. Emerging Markets Expansion

        2. Novel Drug Development

        3. Telemedicine Integration

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Androgen Replacement Therapy Market, By Product Type, 2021 - 2031 (USD Million)
      1. Testosterone Creams/Gels

      2. Testosterone Patches

      3. Testosterone Injections

      4. Testosterone Implants

      5. Testosterone Tablet

    2. Androgen Replacement Therapy Market, By Active Ingredient, 2021 - 2031 (USD Million)
      1. Testosterone

      2. Methyl Testosterone

      3. Testosterone Undecanoate

      4. Testosterone Enanthate

      5. Testosterone Cypionate

    3. Androgen Replacement Therapy Market, By Distribution Channel, 2021 - 2031 (USD Million)

      1. Hospital Pharmacies

      2. Retail Pharmacies

      3. Online Pharmacies

      4. Specialty Pharmacies

    4. Androgen Replacement Therapy Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AbbVie Inc.
      2. Bayer AG
      3. Endo International plc
      4. Lilly
      5. Kyowa Kirin Co. Ltd
      6. Novartis AG
      7. Pfizer Inc
      8. Clarus Therapeutics
      9. Perrigo Company plc
  7. Analyst Views
  8. Future Outlook of the Market