Towards Healthcare
Steroid Hormone API Market to Increase USD 6.06 Bn by 2034

Steroid Hormone API Market Expansion Driven by AI Growth

According to market projections, the steroid hormone API sector is expected to grow from USD 3.54 billion in 2024 to USD 6.06 billion by 2034, reflecting a CAGR of 5.54%. The steroid hormone API market is growing due to rising demand for natural steroids. Europe is dominating the market due to the rising production of various natural and synthetic steroid hormones.

  • Last Updated: 09 September 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

About The Author

Rohan Patil is a seasoned market research professional with over 5 years of focused experience in the healthcare sector, bringing deep domain expertise, strategic foresight, and analytical precision to every project he undertakes.

He began his journey with Precedence Research, where he played a pivotal role in developing high-impact healthcare market reports. Today, Rohan leads research initiatives at Towards Healthcare, while also contributing to Statifacts, where he supports cross-industry analysis and data-driven storytelling.

Rohan’s core strengths lie in trend analysis and emerging technologies, regulatory monitoring and thought leadership through high-quality report writing. He excels at identifying future-ready opportunities and translating complex data into strategic recommendations. His work spans pharmaceuticals, biotechnology, medical devices, and digital health, assessing everything from market potential and competitive positioning to customer needs and regulatory shifts.

A trusted advisor and a relentless innovator, Rohan continues to push the boundaries of traditional market research, merging scientific rigor with commercial insight to stay ahead in a fast-evolving healthcare landscape.

FAQ's

The steroid hormone API market is worth USD 3.74 billion in 2025, and by 2034, it is forecasted to hit USD 6.06 billion, registering a CAGR of 5.54% over the decade.

Europe is currently leading the steroid hormone API market due to rising demand for steroid hormones.

The steroid hormone API market includes five segments such as by product type, by source, by application, by end-user, and by region.

Some key players include Pfizer, Merck KGaA, Novartis AG, Sanofi S.A., etc.

Key trends include hormonal disorders and steroid-based therapy demand.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.