Global Hashimoto's Thyroiditis Drug Market­ Booming Worldwide to Show Significant Growth by 2026| ACELLA PHARMACEUTICALS, LLC, AbbVie Inc, Pfizer Inc, Sanofi, Merck KGaA

Global Hashimoto's thyroiditis drug market­ is expected to grow at a steady CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the high prevalence of autoimmune diseases such as Grave's disease and Hashimoto's thyroiditis. Rising investment in the research & development of treatments for Hashimoto's thyroiditis is expected to drive the market.

The key market players in the global Hashimoto's thyroiditis drug market­ are ALLERGAN, Mylan N.V., ACELLA PHARMACEUTICALS, LLC, AbbVie Inc, Pfizer Inc, Sanofi, Merck KGaA, Lannett, Novartis AG, Amneal Pharmaceuticals LLC, GlaxoSmithKline plc, Akrimax Pharmaceuticals, LLC, Intas Pharmaceuticals Ltd, LLOYD, Inc, LUPIN, Taj Pharmaceuticals Limited, WOCKHARDT, JEROME STEVENS PHARMACEUTICALS, INC, and others.

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Key Developments in the Market

In February 2019, IBSA Institut Biochimique SA received FDA approval for Tirosint-SOL (levothyroxine sodium) oral solution for the treatment of hypothyroidism and pituitary thyrotropin suppression. It is the first liquid levothyroxine solution approved by the FDA and indicated for patients of all ages
In December 2018, GE Healthcare received the FDA approval for Omnipaque drug which is a generic version of lohexol and can be used for the treatment of hypothyroidism including Hashimoto's thyroiditis. The route of administration is Intrathecal and it is absorbed from cerebrospinal fluid (CSF) into the bloodstream
Industry Insights in the report

To describe and forecast the Hashimoto's thyroiditis drug market, in terms of value, by process, product type, and industry.
To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various Hashimoto's thyroiditis drug across geographies.
To strategically analyze micro markets with respect to individual growth trends, prospects, and contribution to the overall market

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Market Drivers

High prevalence of autoimmune diseases such as Grave's disease and Hashimoto's thyroiditis is driving the market growth
Rising investment in the research & development of treatments for Hashimoto's thyroiditis is expected to drive the market growth
Various national health programs related to thyroid disease that raise awareness regarding such diseases further boosts the growth of this market.
Sedentary lifestyle of people can also drive the growth of this market

Market Restraints

Stringent regulation of food and drug administration regarding medication of Hashimoto's Thyroiditis can hinder the market growth
The treatment associated with Hashimoto's thyroiditis are very long which can also hamper the growth of this market

Segmentation: Global Hashimoto's Thyroiditis Drug Market­

By Product Type

Armour Thyroid
Synthetic Thyroid

By Diagnosis Type

Thyroid-Stimulating Hormone Test
Anti-thyroid Antibodies Tests
Others

By Treatment Type

Medication
Hormone Replacement Therapy
Others

By Route of Administration

Oral
Intravenous
Others

By Distribution Channel

Online Pharmacy
Direct Tenders
Retailers
Others

By End-Users

Hospitals
Homecare
Specialty Clinics
Others

By Geography

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

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