The global steroids market was notably large in 2020 and is projected to maintain a rapidly increasing revenue CAGR from 2021 to 2028 as per Sciinov Market Insights report. Major factors driving market growth include the growing popularity of bodybuilding among young people, the need to address muscle loss in patients with AIDS and cancer, and the rising prevalence of various medical conditions, such as delayed puberty.

Steroids are synthetic medications that come in two main types: corticosteroids and anabolic steroids. Anabolic steroids, the most commonly recognized type, are used to treat specific medical conditions and are widely utilized as performance-enhancing drugs worldwide. The demand for steroids has surged due to the increasing number of sporting events. Steroids can also enhance focus and ambition, deepen the voice, and promote the growth of pubic and facial hair. Consequently, these anti-inflammatory drugs are particularly beneficial for individuals with an excess of feminine hormones.

Major Companies Profiled In The Report:
Cipla
GSK
Mission Pharmacia Company
AstraZeneca
Steroid
Johnson and Johnson
Hubei Gedian Humanwell Pharmaceutical Co.,Ltd.
Merck and Co., Inc.
Hovione
Halcyon Labs Pvt. Ltd.
Novartis
Pfizer
Avik Pharma
ASG Biochem Private Limited
Switzer Life Science Pvt. Ltd.
Sumit laboratories
AstraZeneca
STEROID S.p.A.
Symbiotec
Sanofi
Anuh Pharma Limited

Type Outlook (Revenue, USD Billion; 2018-2028)
Corticosteroids
Sex Hormones

Modes of Administration Outlook (Revenue, USD Billion; 2018-2028)
Oral
Injection
Topical (Creams & Gels)
Skin Patches
Inhalers

Application Outlook (Revenue, USD Billion; 2018-2028)
Anabolic
Androgenic
Other

By Distribution Channels Outlook (Revenue, USD Billion; 2018-2028)
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

Region Outlook (Revenue, USD Billion; 2018-2028)