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Acromegaly Treatment Market is set to stimulate excessive growth prospects as a result of growing hormonal and endocrine disorders

07-28-2021 06:43 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Acromegaly Treatment Market

Acromegaly Treatment Market

Acromegaly Treatment is usually sought by young patients who have a deformation of the supratentorial breast tissues or chest wall muscles and by patients with excessive sweating (hyperhidrosis) and by patients with anatomical asymmetry. The congenital cause of this condition is unknown. However, there is suggestive evidence that it may be caused by an overabundance of the hormone corticosteroid in the body. Corticosteroids are the steroid hormones which are used to reduce inflammation and swell in the body and reduce the number of fat cells which are developed in the mammary glands (melanin glands). Acromegaly treatment involves administration of a steroid called Prednisolone or sometimes even more powerful corticosteroids in a repeated-dose regime, until the patient's condition has been completely controlled. In June 2021, the bio-pharmaceutical company, Chiasma, Inc., submitted an application to the European Medicines Agency for distribution of its MYCAPSSA therapy which is developed to treat patients suffering from acromegaly.

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If this course of treatment fails to control the excessive growth of tissue, then other types of treatment are then available for this condition. Acromegaly treatment can either be performed as a surgical procedure or using pharmacological agents. In the case of surgery, the patient is placed under general anesthesia and the affected area is cut (for example, the perineum). The location and size of the incision will be determined by the surgeon. Once the size and location of the cut are decided, a small incision is made and the gland is removed along with a part of the related duct. This is known as the supratympathetic duct. The remaining gland is folded in on itself (for hygienic reasons) and the surrounding tissue is analyzed for normal gland size, shape, and proliferation. In April 2020, a group of researchers working on Chiasma OPTIMAL study developed a drug injection called somatostatin analog for treatment of acromegaly and other pituitary tumors.

Regionally, the acromegaly treatment market in North America is foreseen to augment at a significant rate owing to the growing prevalence of gigantism, acromegaly, and other pituitary gland disorders in the region. Likewise, the Asia Pacific region is also boding well for the acromegaly treatment market on the heels of increased awareness about the hormonal disorders along with the growing expenditure on the healthcare sector.

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Although, the unclear prognosis of this condition in combination with the high treatment costs can cause a serious dent in the progress of the acromegaly treatment market. On the contrary, the acromegaly treatment market is being driven by growing awareness of the condition and an improvement in screening rates. Similarly, the innovations in operations and rising options such as radiotherapy and other medications are widening the scope for the acromegaly treatment market.

This report focuses on the top players in global market, like Pfizer Inc., Novartis Pharma AG, GlaxoSmithKline plc, Midatech Pharma PLC, Strongbridge Biopharma plc, Chiasma Inc, Aegis Therapeutics LLC, Amryt Pharma plc, Antisense Therapeutics Ltd, Crinetics Pharmaceuticals Inc, Dauntless Pharmaceuticals Inc, and Ipsen Biopharmaceuticals Inc.

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About Coherent Market Insights

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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