인간성장호르몬(HGH) 시장 - 산업 규모, 점유율, 동향, 기회, 예측 : 제품별, 용도별, 유통 채널별, 지역별 및 경쟁(2021-2031년)

The Global Human Growth Hormone (HGH) Market is on a robust growth trajectory, predicted to expand from USD 6.78 billion in 2025 to USD 14.82 billion by 2031, demonstrating a compound annual growth rate (CAGR) of 13.92%. This market primarily revolves around somatropin, a recombinant peptide hormone vital for stimulating human physical growth, cell reproduction, and regeneration. Key growth drivers include the rising incidence of congenital conditions like growth hormone deficiency, Turner syndrome, and Prader-Willi syndrome, alongside increasing clinical identification of adult-onset deficiencies. These factors generate significant demand, as healthcare providers focus on early intervention for developmental disorders, further highlighted by the MAGIC Foundation's 2025 report indicating that approximately 48 percent of children evaluated for the two most common causes of growth failure remained undiagnosed, pointing to a substantial unmet need.

Despite this strong growth potential, the market faces considerable challenges, notably the high cost of HGH treatment and the stringent reimbursement policies enforced by payers. Insurance providers frequently implement rigorous prior authorization protocols to control expenses and prevent off-label use, which in turn limits patient access to these critical biologics. This financial barrier poses a significant restraint, particularly in regions with constrained healthcare funding, thereby impeding the global market's potential for saturation despite clear clinical necessity.

Market Driver

Fundamental advancements in long-acting formulations and novel drug delivery systems are significantly transforming the Global Human Growth Hormone Market by effectively addressing historical challenges related to treatment adherence. The shift from daily injections to more convenient once-weekly administrations substantially reduces the treatment burden for patients, which, in turn, accelerates the adoption of premium biologic therapies and drives significant revenue growth for innovating companies. For instance, Ascendis Pharma reported in February 2025 that its long-acting therapy, Skytrofa, generated approximately 202 million Euros in revenue for the full year 2024, underscoring the market's receptiveness to next-generation formulations that are progressively replacing traditional daily somatropin regimens.

Further fueling market expansion is the increasing prevalence of growth hormone deficiency disorders, largely due to improved diagnostic screening that identifies a greater number of patients requiring long-term therapy. The rising occurrence of both congenital pituitary defects and acquired deficiencies necessitates ongoing endocrine management, thereby broadening the eligible patient population. A systematic review published in the journal Endocrine in March 2024 indicated that the prevalence of this condition in children ranges between 1 in 1107 and 1 in 8646 individuals, reinforcing the robust demand for established treatments. In 2025, Novo Nordisk reported that its rare disease segment, predominantly comprising growth hormone products, achieved 18.64 billion Danish Krone in sales for the 2024 fiscal year.

Market Challenge

The Global Human Growth Hormone (HGH) Market is significantly constrained by the elevated cost of treatment and the rigorous reimbursement criteria imposed by payers. Insurance providers frequently enforce strict prior authorization protocols and maintain restrictive formulary lists to manage the considerable expenses associated with these high-value biologic therapies. These administrative hurdles often create disruptions in the continuum of care, leading to substantial delays or outright denials for pediatric patients, for whom there is a critical and time-limited window for effective growth stimulation. Consequently, the difficulty in obtaining and sustaining coverage discourages long-term treatment adherence and ultimately reduces the total volume of dispensed prescriptions, effectively counteracting the demand generated by improved diagnostic rates.

This persistent financial barrier hinders the market's ability to achieve its full commercial potential by restricting the accessible patient population primarily to those with comprehensive insurance approval. Data from the PAN Foundation's 2025 State of Patient Access Scorecard revealed a critically low score of 63.1 for treatment access through healthcare plans, indicating that insurance obstacles remain a primary impediment for patients requiring specialty medications. This highlights a fundamental structural issue where stringent payer policies directly limit patient uptake, thereby slowing the overall revenue growth trajectory of the market despite the evident clinical necessity for these therapies.

Market Trends

The Global Human Growth Hormone (HGH) Market's competitive landscape is undergoing a fundamental transformation driven by the increasing commercialization of cost-effective biosimilars, facilitated by the expiration of patents for original biologic drugs. Payers and healthcare systems are increasingly prioritizing these therapeutically equivalent, lower-priced options to alleviate the significant financial burden associated with long-term endocrine therapies, thus prompting a volume-based shift away from premium branded products. This market dynamic is clearly demonstrated by the strong financial performance of leading biosimilar developers, who are successfully capturing substantial market share through competitive pricing strategies. For example, Sandoz reported in March 2025 that its biosimilars division achieved sales of USD 2.85 billion in 2024, representing a 30 percent increase largely attributable to the sustained high demand for its somatropin biosimilar, Omnitrope.

Concurrently, the expansion of clinical indications to include adult growth hormone deficiency is broadening the addressable patient population beyond the traditional pediatric segment. Pharmaceutical companies are actively seeking and securing regulatory approvals for adult-specific dosing and indications, recognizing growth hormone's vital role in managing metabolic health, body composition, and overall quality of life in mature patients with pituitary disorders. This strategic evolution redefines the market, shifting it from a time-limited pediatric intervention to a potential lifelong chronic care model. Ascendis Pharma, for instance, announced in July 2025 the FDA approval of SKYTROFA for once-weekly treatment of adults with growth hormone deficiency, based on the successful Phase 3 foresiGHt trial involving 259 adult patients, signifying this pivotal market trend.

Key Market Players

• Novo Nordisk A/S
• Eli Lilly and Company
• Pfizer, Inc.
• Sandoz International GmbH
• Genentech, Inc.
• Merck KGaA
• Ferring Holding S.A.
• Ipsen S.A.
• Teva Pharmaceutical Industries, Ltd.

Report Scope

In this report, the Global Human Growth Hormone (HGH) Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Human Growth Hormone (HGH) Market, By Product

• Long Acting
• Others

Human Growth Hormone (HGH) Market, By Application

• Growth Hormone (GH) Deficiency
• Turner Syndrome
• Idiopathic Short Stature
• Prader-Willi Syndrome
• Small for Gestational Age
• Other

Human Growth Hormone (HGH) Market, By Distribution Channel

• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy
• Specialty Pharmacy

Human Growth Hormone (HGH) Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Human Growth Hormone (HGH) Market.

Available Customizations:

Global Human Growth Hormone (HGH) Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Human Growth Hormone (HGH) Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Product (Long Acting, Others)
  • 5.2.2. By Application (Growth Hormone (GH) Deficiency, Turner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome, Small for Gestational Age, Other)
  • 5.2.3. By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Specialty Pharmacy)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Human Growth Hormone (HGH) Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Product
  • 6.2.2. By Application
  • 6.2.3. By Distribution Channel
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Human Growth Hormone (HGH) Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Product
      • 6.3.1.2.2. By Application
      • 6.3.1.2.3. By Distribution Channel
  • 6.3.2. Canada Human Growth Hormone (HGH) Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Product
      • 6.3.2.2.2. By Application
      • 6.3.2.2.3. By Distribution Channel
  • 6.3.3. Mexico Human Growth Hormone (HGH) Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Product
      • 6.3.3.2.2. By Application
      • 6.3.3.2.3. By Distribution Channel

7. Europe Human Growth Hormone (HGH) Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Product
  • 7.2.2. By Application
  • 7.2.3. By Distribution Channel
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Human Growth Hormone (HGH) Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Product
      • 7.3.1.2.2. By Application
      • 7.3.1.2.3. By Distribution Channel
  • 7.3.2. France Human Growth Hormone (HGH) Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Product
      • 7.3.2.2.2. By Application
      • 7.3.2.2.3. By Distribution Channel
  • 7.3.3. United Kingdom Human Growth Hormone (HGH) Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Product
      • 7.3.3.2.2. By Application
      • 7.3.3.2.3. By Distribution Channel
  • 7.3.4. Italy Human Growth Hormone (HGH) Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Product
      • 7.3.4.2.2. By Application
      • 7.3.4.2.3. By Distribution Channel
  • 7.3.5. Spain Human Growth Hormone (HGH) Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Product
      • 7.3.5.2.2. By Application
      • 7.3.5.2.3. By Distribution Channel

8. Asia Pacific Human Growth Hormone (HGH) Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Product
  • 8.2.2. By Application
  • 8.2.3. By Distribution Channel
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Human Growth Hormone (HGH) Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Product
      • 8.3.1.2.2. By Application
      • 8.3.1.2.3. By Distribution Channel
  • 8.3.2. India Human Growth Hormone (HGH) Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Product
      • 8.3.2.2.2. By Application
      • 8.3.2.2.3. By Distribution Channel
  • 8.3.3. Japan Human Growth Hormone (HGH) Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Product
      • 8.3.3.2.2. By Application
      • 8.3.3.2.3. By Distribution Channel
  • 8.3.4. South Korea Human Growth Hormone (HGH) Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Product
      • 8.3.4.2.2. By Application
      • 8.3.4.2.3. By Distribution Channel
  • 8.3.5. Australia Human Growth Hormone (HGH) Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Product
      • 8.3.5.2.2. By Application
      • 8.3.5.2.3. By Distribution Channel

9. Middle East & Africa Human Growth Hormone (HGH) Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Product
  • 9.2.2. By Application
  • 9.2.3. By Distribution Channel
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Human Growth Hormone (HGH) Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Product
      • 9.3.1.2.2. By Application
      • 9.3.1.2.3. By Distribution Channel
  • 9.3.2. UAE Human Growth Hormone (HGH) Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Product
      • 9.3.2.2.2. By Application
      • 9.3.2.2.3. By Distribution Channel
  • 9.3.3. South Africa Human Growth Hormone (HGH) Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Product
      • 9.3.3.2.2. By Application
      • 9.3.3.2.3. By Distribution Channel

10. South America Human Growth Hormone (HGH) Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Product
  • 10.2.2. By Application
  • 10.2.3. By Distribution Channel
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Human Growth Hormone (HGH) Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Product
      • 10.3.1.2.2. By Application
      • 10.3.1.2.3. By Distribution Channel
  • 10.3.2. Colombia Human Growth Hormone (HGH) Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Product
      • 10.3.2.2.2. By Application
      • 10.3.2.2.3. By Distribution Channel
  • 10.3.3. Argentina Human Growth Hormone (HGH) Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Product
      • 10.3.3.2.2. By Application
      • 10.3.3.2.3. By Distribution Channel

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Human Growth Hormone (HGH) Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Novo Nordisk A/S
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Eli Lilly and Company
• 15.3. Pfizer, Inc.
• 15.4. Sandoz International GmbH
• 15.5. Genentech, Inc.
• 15.6. Merck KGaA
• 15.7. Ferring Holding S.A.
• 15.8. Ipsen S.A.
• 15.9. Teva Pharmaceutical Industries, Ltd.

16. Strategic Recommendations

17. About Us & Disclaimer