In 2023, the sales of Genito Urinary System and Sex Hormones in the UK were estimated at 756 million pounds sterling. The forecasted data for 2024 to 2028 indicates a steady but modest growth in this sector, with sales projected to grow from 758.96 million pounds sterling in 2024 to 769.9 million pounds sterling in 2028.
The year-on-year growth rate shows minimal increases: approximately 0.37% for 2025, 0.36% for 2026, 0.35% for 2027, and 0.34% for 2028. This points to a stable yet slow-growing market.
Projected trends and factors to watch for in the future include:
- Innovations in drug development and personalized medicine could drive market growth.
- Regulatory changes and price pressures from public health services may impact sales growth.
- Demographic shifts, including an aging population, could lead to increased demand.