5-Alpha Reductase Deficiency Global Market Report 2024: A $1.94 Billion Projected Market in 2028 [Yahoo! Finance]
Sanofi - American Depositary Shares (SNY)
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Source: Yahoo! Finance
The 5-alpha reductase deficiency market size has grown strongly in recent years, growing from $1.29 billion in 2023 to $1.39 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth observed in the historical period can be attributed to several factors, including investments in research and development, the regulatory landscape influencing healthcare practices, the development and improvement of healthcare infrastructure, increased awareness and educational efforts, and expanded health insurance coverage. These combined elements have played a significant role in shaping the growth trajectory within the specified historic period. The 5-alpha reductase deficiency market size is expected to see continued growth in the next few years, reaching $1.94 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The anticipated growth in the forecast period can be attributed to various factors, including innovations in therapeutics, advances in genetic research, the
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