Press release
Global Somatostatin Market Expected to Witness a Sustainable Growth over 2023
Somatostatin is one kind of hormone. It is widely distributed throughout the body, especially in the hypothalamus and pancreas. It also acts as an important regulator of endocrine and nervous system function by inhibiting the secretion of several other hormones such as growth hormone, insulin, and gastrin.
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Global Somatostatin Market: Forecast by Type / Application / Region
Somatostatin is one of the fastest growing medical Products in recent years in China. China is also the world's most rapid expansion Market. Rapid growth numbers of general hospital form a strong Market Demand of Somatostatin, especially the demand of second class and below second class hospital.
As the analogue is expanding in the market, and the price of Somatostatin not decreasing so much, Somatostatin will limited in many regions, like North America and EU. Even though the analogue and regional limited, the consumption of Somatostatin is keeping quick growth rate.
Over the next five years, LPI(LP Information) projects that Somatostatin will register a 11.5% CAGR in terms of revenue, reach US$ 370 million by 2023, from US$ 210 million in 2017.
Global Somatostatin Market: Key Players
Merck (Schweiz) AG
SANOFI-AVENTIS FRANCE
Lyomark Pharma GmbH
ALFA WASSERMANN S.p.A.
Polypeptide Laboratories, Inc
SAMARTH
UBPL
HYBIO
TianTaiShan
Yangtze River
Siyao
Shuangcheng
Hainan Zhonghe
SL PHARM
Wuhan Hualong
Qingdao Guoda
Chengdu Shengnuo
Longjin
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Related Information:
United States Somatostatin Market Research Report 2018
Europe Somatostatin Market Research Report 2018
North America Somatostatin Market Research Report 2018
Asia-Pacific Somatostatin Market Research Report 2018
China Somatostatin Market Research Report 2018
EMEA Somatostatin Market Research Report 2018
Global Somatostatin Market Research Report 2018
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Summary:
The Somatostatin Market Report elaborates market outlook including present scenario, competitive behavior and future growth prospects also sheds light on the various elements like type, application, SWOT analysis, business environment, Development Strategies, trends in upcoming years and key aspects behind the growth and demand of Somatostatin market is analyzed detailed in this report.
Somatostatin otherwise known as growth hormone-inhibiting hormone (GHIH), is a peptide hormone that regulates the endocrine system and…
