Home > Healthcare & Medical Devices > Triptorelin Market

Triptorelin Market Size, By Drug (Triptorelin Pamoate, Triptorelin Acetate, Triptorelin Embonate), By Application (Cancer [Prostate Cancer, Breast Cancer, Cervix Uteri, Ovary Cancer, Testis], Radical Prostatectomy, Central Precocious Puberty, Endometriosis, Hormone Therapy, Uterine Fibroids), By Product Form (Lyophilized Powder, Pre-Filled Syringes, Vials), By Route Of Administration (Intradermal, Intramuscular, Subcutaneous), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), Regional Outlook, Industry Analysis Report, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032

  • Report ID: GMI5427
  • Published Date: Feb 2023
  • Report Format: PDF

Industry Statistics

Triptorelin Market size was valued at over USD 910 million in 2022. Driven by the growing occurrence of endometriosis across the global female population, industry is expected to grow at over 5% CAGR from 2023 to 2032. 

Triptorelin Market

Get more details on this report - Request Free Sample PDF

Endometriosis is a disease that leads to scar tissue formation within the pelvis due to a chronic inflammatory response caused by the presence of endometrium outside the uterus. As per estimates, around 176 million women across the globe, around one in ten, suffer from endometriosis in their reproductive years, typically between the ages of 15 and 49. Triptorelin is efficacious in alleviating the pain symptoms caused by endometriosis. It has a favorable safety profile and has also been shown to improve reproductive function. Subsequently, it is commonly used to treat deep infiltrating endometriosis (DIE) among women.

Steep prices of triptorelin drugs may hamper industry outlook

Despite an extensive customer pool, triptorelin market faces a major challenge in the form of the high manufacturing cost of triptorelin drugs, which translates into steep medication prices for customers. Given that the raw materials utilized are specific to the drug, the quality of raw materials used in drug development is crucial, which further elevates costs. Meanwhile, the complexity of triptorelin manufacturing process, which entails a wide range of biological or chemical processes, is also impeding product adoption by limiting product availability to those who can afford it.

Rising advanced prostate cancer cases to spur high demand for triptorelin embonate drug segment

Global Triptorelin Market Share, By Drug Type

Get more details on this report - Request Free Sample PDF

Based on drug, triptorelin market share from triptorelin embonate segment is anticipated to grow at over 5% CAGR from 2023 to 2032, driven primarily by the growing number of prostate cancer cases worldwide. According to Global Cancer Observatory, GLOBOCAN, over 1.4 million prostate cancer cases were reported worldwide in 2020. Triptorelin embonate sees high demand owing to its efficacy in the treatment of advanced prostate cancer.

The intramuscular administration of 22.5 grams of triptorelin embonate in a 6-month formulation among men with advanced prostate cancer has been shown to initially increase their serum testosterone levels. It is also generally well-tolerated in such patients and has only mild severity of adverse reactions.

Rising occurrence of cancer to propel the application segment expansion

Authors: Sumant Ugalmugale, Rupali Swain

Frequently Asked Questions (FAQ) :

The global market size for triptorelin held a valuation of over USD 910 million in 2022 and is projected to grow at over 5% CAGR from 2023 to 2032, on account of surging occurrence of endometriosis across the global female population.

The triptorelin market size from the intradermal segment is anticipated to grow at over 4.5% CAGR from 2023 to 2032, fueled by the growing number of hormone therapies performed annually across the globe.

Europe triptorelin business valuation is poised to surpass USD 370 million by 2032, owing to the growing prevalence of diseases such as cancer and endometriosis in the region, coupled with increasing government investments towards the health and well-being of its citizens.

Some of the major triptorelin industry contenders include Taj Pharmaceuticals Limited., Anhui Anke Bioengineering (Group) Co., Ltd., Biozenta Lifescience Pvt. Ltd, Azurity Pharmaceuticals, Inc., and Verity Pharmaceuticals Inc., among others.

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 373
  • Countries covered: 32
  • Pages: 320
Inquiry Before Buying

Budget constraints? Get in touch with us for special pricing

Request Discount