Explosive Growth in Human Growth Hormone Market Expected by 2019: Pfizer Inc., Genetech Inc., Merck & Co., Eli Lilly And Company, Novo Nordisk, Sandoz International GmbH Human Growth Hormone

Major driver for human growth hormone market is new mergers and acquisitions. For instance, in 2014, Pfizer Inc., a U.S.-based pharmaceutical company, merged with OPKO Health Inc., a U.S.-based company, to develop a long acting growth hormone (hGH-CTP) and to bring innovative treatments for growth hormone deficient patients. hGH-CTP is more convenient, as the patients need to take just one injection in a week rather than daily doses. hGH-CTP has an orphan drug designation in the U.S. and Europe for adults and children with growth hormone deficiency.

Robust pipeline is also expected to support the growth in human growth hormone market size. For instance, Somapacitan sponsored by Novo Nordisk A/S, a Denmark-based company, completed phase 3 clinical trials in 2017. This drug is used for the treatment of growth hormone deficiency in adults. MOD-4023 sponsored by Opko Biologics, an Israel-based company, completed phase 2 clinical trials in 2015. High prevalence of growth hormone deficiency is another factor boosting growth of human growth hormone market. According to a survey conducted by the National Organisation for Rare Diseases (NORA) in 2015, over 10,000 children and 50,000 adults have growth hormone deficiency in the U.S.

However, strict rules and regulations for the use of human growth hormone by athletes and sports professionals is expected to restrain growth of human growth hormone market. The Food and Drug Administration (FDA) and the International Olympic Committee had banned the use of human growth hormone for sports professionals in 2006.

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Human Growth Hormone Market Taxonomy:-

By Application
Growth Hormone Deficiency
Idiopathic short stature
Prader-Willi Syndrome
Turner Syndrome
Others

By Route of Administration
Oral
Intravenous
Subcutaneous
Intramuscular

Europe human growth hormone market is expected to witness significant growth due to mergers and acquisitions. For instance, in 2017, Ferring Pharmaceuticals S.A., a pharmaceutical company, acquired a product i.e. Zoma Jet of Antares Pharma Inc, a pharmaceutical company. Zoma Jet is a needle free auto injectable device. Ferring Pharmaceuticals S.A acquired Zoma Jet in order to increase use of Zomacton (Injectable somatropin hGH). Zoma Jet is used to deliver Zomacton for the treatment of growth hormone deficiency in children and Turner’s syndrome in girls. By acquiring the injectable device Zoma Jet, would eventually lead to increase in use of the drug, Zomacton, which will further encourage Ferring Pharmaceuticals to develop better treatment options for growth hormone deficiency, thereby resulting in growth of the human growth hormone market. Asia Pacific is expected to grow over the forecast period due to robust pipeline. For instance, Cinna Tropin sponsored by Cinnagen, an Iran-based company, completed phase 3 clinical trials in 2017. This drug is used to treat idiopathic short stature in children and adults.

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Table of Contents
Chapter One Human Growth Hormone Industry Overview
Chapter Two Human Growth Hormone Up and Down Stream Industry Analysis
Chapter Three Asia Human Growth Hormone Market Analysis
Chapter Four 2014-2019 Asia Human Growth Hormone Productions Supply Sales Demand Market Status and Forecast
Chapter Five Asia Human Growth Hormone Key Manufacturers Analysis
Chapter Six Asia Human Growth Hormone Industry Development Trend
Chapter Seven North American Human Growth Hormone Market Analysis
Chapter Eight 2014-2019 North American Human Growth Hormone Productions Supply Sales Demand Market Status and Forecast
Chapter Nine North American Human Growth Hormone Key Manufacturers Analysis
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