The answer is that deer antler velvet is just another fat burner. Another cell volumizer. Another body-toning shoe. It’s fitness marketing at it’s finest—playing off a goal you desire (gaining more muscle and size) and drawing unsubstantiated and wildly exaggerated claims. There’s nothing miraculous about deer antler spray. And after a closer look at the product, there’s really—well—nothing to it at all.
Deer antler velvet is supposed to help you build muscle. It allegedly elevates levels of IGF-1, an important hormone that helps you pack on mass. As “side effects” you also should see improvements in strength and endurance. And some products even claim it speeds recovery, which is why it was linked to Ray Lewis who earlier suffered an apparent season-ending injury, and yet has played and performed at a high level in the playoffs.
While consumers wanted more information on the product. Let’s not forget the supplement industry is a multi-billionaire dollar business. And if Ray used the product then it must be legit, right? That’s what the immediate response in supplement sales would have you believe, as ESPN business reporter Darren Rovel reported that purchases skyrocketed within 24 hours of the report.
The word antler is derived from the Latin Anteoculae, meaning "in front of the eyes." Antlers are present in almost all members of the deer family Cervidae. The first documented evidence of deer velvet as a medicinal was found on a scroll recovered from a tomb in Hunan China dating back 2000 years. The use of antler dates back to the Han Dynasty 206 BC to 220 AD. A 16th century medical text, Pen Ts'ao Kang Mu, lists several antler preparations including pills, tinctures, and ointments. In traditional Chinese medicine, velvet antler has been used for over 2000 years as a tonic, to improve bone health, to nourish the blood, reduce swelling, and to treat impotence. Later research on deer antler dates back to the 1980s in Russia. Hundreds of articles have since been published including those documented by Chinese, Korean, and Japanese scientists.14, 15
Tonic Adaptogen* - This is a fancy concept that references the research into supplements that elicit a strengthening effect on the body and its systems.* They are tonic in action and stimulate clean holistic energy and prevent fatigue while helping us to overcome stress and maintain strong immune systems.* Due to some of the following actions we will see that this stress adaptation is generally physical in nature.
On January 30, 2013, Vijay Singh professional PGA Tour golfer was caught unaware and openly admitted to the personal use of deer antler spray which contained a banned substance at the time. A week later the World Anti-Doping Agency (WADA) lifted the ban on deer antler spray, but with urgency, "Deer Antler Velvet Spray may contain IGF-1 and WADA recommends therefore that athletes be extremely vigilant with this supplement because it could lead to a positive test."  The consensus opinion of leading endocrinologists concerning any purported claims and benefits "is simply that there is far too little of the substance in even the purest forms of the spray to make any difference,"  and "there is no medically valid way to deliver IGF-1 orally or in a spray." 
For women, deer antler velvet can help ease the symptoms associated with pre-menstruation by relieving cramps, suppressing mood swings, and raising energy levels. It is also used to treat vaginal discharges, uterine bleeding, menstrual disorders, infertility, and menopause. Russian researchers claim that compounds found in deer antler velvet can ease the effects of menopause in women.
I am a 68 year old grandmother of four. My friend introduced me to this wonderful product from Nutronics Labs, called IGF-1. I have been taking it for three months now and I have never felt better in my life! I am able to play with my grandchildren without getting tired and my arthritis pain has seemed to diminish completely. This product truly is a miracle! I will never go without it. I have told all my friends and they are also spraying IGF-1 now. We are your biggest fan club.
In another randomized, double blind, placebo controlled experiment (Broeder, 2004), 38 males, all of whom were experienced weightlifters, entered a 10 week strength training program. Those who took deer antler velvet experienced an increase in peak torque and average power relative to the placebo group. They also experienced unexpected improvements in aerobic performance.
Deer antler velvet's effects on cell growth and repair have been investigated in several areas. Deer antler velvet may be a natural source of hormones for those seeking aid to muscle growth and development. Research has identified various growth factors in deer antler velvet including IGF-1 (insulin–like Growth Factor-1), IGF-2 (insulin–like Growth Factor-2), and EGF (Epidermal Growth Factor).