Iodine Deficiency Drug Market Future Projections and competitive Landscape by 2026 - Sanofi, Johnson & Johnson, Novartis, Abbott, Bayer, GSK, Merck, Lupin Pharmaceuticals, Roche, Eli Lilly and Company, Pfizer, Astellas Pharma US, and others

The Iodine Deficiency Drug report highlights CAGR value fluctuations during the forecast period of 2019-2026 for the market. To put marketplace clearly into the focus of clients, most up to date market insights and analysis are provided via this Iodine Deficiency Drug report. The market research data included in this report is analysed and forecasted using market statistical and coherent models. The general market drivers analysed in this report are consumer demand, government policy and demand which makes consumer to buy product thereby leads to market growth and development. SWOT analysis is performed while generating this Iodine Deficiency Drug market report along with many other standard steps of researching, analysing and collecting data.

The Iodine Deficiency Drug market research report offers an analytical assessment of the prime challenges faced by the market currently and in the coming years, which gives idea to other market participants about the problems they may face while operating in this market over a longer period of time. With the actionable market insights included in this Iodine Deficiency Drug report, businesses can craft sustainable and cost-effective strategies. The Iodine Deficiency Drug market report gives market analysis by taking into account market structure along with forecast of the various segments and sub-segments of the Healthcare industry.

Prominent Players of Iodine Deficiency Drug Market are Few of the major competitors currently working in the global iodine deficiency drug market are Sanofi, Johnson & Johnson Services, Inc, Biotex Inc, Apitope, Novartis AG, Immunovant, Inc., Abbott, Bayer AG, Ildong Pharmaceutical Co., Ltd, GlaxoSmithKline plc, Merck KGaA, Titan Pharmaceuticals, Inc, Synthonics, Inc, Genexine, Inc, Lupin Pharmaceuticals, Inc, Alvogen AbbVie Inc, King Pharma, Fresenius Kabi USA, Mylan N.V., F. Hoffmann La Roche Ltd, Eli Lilly and Company, Pfizer Inc, Novo Nordisk A/S , AstraZeneca, Astellas Pharma Inc, and many others.

Global iodine deficiency drug market is expected to grow at a substantial CAGR in the forecast period of 2019-2026. The emergence of drugs used in treating the risk associated with iodine deficiency disorders and vulnerable iodine deficiency disorder’s population are the key factor for market growth.

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Iodine deficiency disorders are the rare endocrinology disorders in which thyroid gland present in the neck produce insufficient or not capable of producing thyroid hormone due to the deficiency of iodine as it is essential nutrients required for development of thyroid to be functional. Thyroid hormone is responsible for regulating the body’s temperature, metabolism and heart rate. The patients with iodine deficiency experience abnormal brain development, mental retardation psychomotor defects and hearing and speech impairment.

According to the article published in National Health Portal India, It was estimated over 1.5 billion patients diagnosed with iodine deficiency disorder worldwide of which 200 million patients were from India. Growing incident population of iodine deficiency disorders and expeditious innovation of novel dosage forms and new formulations of existing drugs increases the number of patients for treatment of iodine deficiency disorders are the factors for lucrative growth of market.

Global iodine deficiency drug market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of iodine deficiency drug market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Developments in the Market:

In January 2019, Lupin Pharmaceuticals, Inc received the abbreviated new drug application (ANDA) approval from the FDA for levothyroxine sodium tablet for the treatment of hypothyroidism. With this approval of levothyroxine sodium expanded the company’s generic portfolio in therapeutic area of endocrinology.
In July 2018, Merck KGaA received recommendation letter for new formulation of Euthyrox (levothyroxine) for approval in 21 European Union countries from the Federal Institute for Drugs and Medical Devices, a medical devices regulatory body in the Germany. If approved, it will increase the number of patients seeking the treatment of hypothyroidism, Goiter as well as post-treatment of thyroid cancer.

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Key Segmentation of Iodine Deficiency Drug Market

By Therapy Type

• Thyroid hormone replacement therapy
• Radioactive iodine therapy

By Treatment

• Medications
• Surgery
• Iodine supplements

By Route of Administration

• Oral
• Injectable

By Dosage Form

• Tablet
• Capsule
• Solution
• Power

By End Users

• Hospitals
• Homecare
• Specialty Clinics
• Others

By Geography

• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

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Reasons to Purchase this Report

• Current and future of global iodine deficiency drug market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

• Regions/Countries that are expected to witness the fastest growth rates during the forecast period

• The latest developments, market shares, and strategies that are employed by the major market players

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