Press release
Thyroid Gland Disorders Treatment Market 2021-2026 gigantic growth in healthcare at CAGR 3.7% with Abbvie Inc., Amgen Inc., GlaxoSmithKline PLC
The Thyroid Gland Disorders Treatment Market research report added by MarketInsightsReports is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market introduction, Thyroid Gland Disorders Treatment Market definition, regional market scope, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Thyroid Gland Disorders Treatment Market size forecast, 100+ market data, Tables, Pie Chart, Graphs and Figures, and many more for business intelligence. This research report also provides post COVID-19 impact analysis of the Thyroid Gland Disorders Treatment industry.The Thyroid Gland Disorders Treatment Market is expected to register a CAGR of around 3.7%, during the forecast period 2021 to 2026.
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Top Companies in the Global Thyroid Gland Disorders Treatment Market: –
Abbvie Inc., Amgen Inc., GlaxoSmithKline PLC, Merck KGaA, Mylan NV, Novartis AG, Pfizer Inc., Takeda Pharmaceutical Company Limited, Elexis Inc., IBSA Pharma (IBSA Group)
Market Scope:
One of the most common causes of iodine deficiency is very less good sources of iodine in the diet. As per the World Health Organization (WHO), the recommended daily intake (RDI) of iodine is 150 mcg per day, which is sufficient for more than 95% of all healthy adults, with pregnant and lactating women needing more. Iodine deficiency is increasingly common among the European countries, as well as in the low- and middle-income countries in Asia-Pacific and Africa. The National Institute of Health has stated that the prevalence of iodine deficiency is higher in the mountainous regions of the United States and Mexico, where more number of people are falling prey to thyroid diseases.
Regional Analysis:
Furthermore, to broaden the understanding, researchers have studied the global Thyroid Gland Disorders Treatment market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.
Thyroid Gland Disorders Treatment Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.
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Key Market Trends
Hyperthyroidism is Expected to Witness Rapid Growth
Hyperthyroidism is a condition in which, the thyroid gland produces thyroxin in excess amount. As per the National Institute of Health, an estimated prevalence of the disease is around 1-1.3%, and it increases up to 4-5% in older women. Moreover, the disease more commonly occurs in smokers.
Since smoking is increasing among the general population across the world, an increasing number of people are falling prey to the disease. Also, the awareness regarding hyperthyroidism is increasing in developing countries, such as India, which is ultimately driving the growth of the market studied. Furthermore, the easy availability of antithyroid medications for hyperthyroidism is fueling the market.
North America May Dominate the Market
According to the estimates, about 35 million people in North America suffer from at least one form of thyroid disease. Several companies have collaborated with ATA (America Thyroid Association), as the association has supported several research grants worth about USD 2.2 million. In addition, multinational companies are frequently involved in raising awareness in the American society through campaigns. For instance, Merck launched It is not you. It is your thyroid campaign in 2017 and 2018. The annual awareness campaign is in collaboration with the Thyroid Federation International (TFI), as it is observed by companies that the thyroid disorders are still poorly understood and often go underdiagnosed. The increased health infrastructure and high government involvement in the management of thyroid diseases make North America a major revenue contributor to the market studied.
Following are major Table of Content of Thyroid Gland Disorders Treatment Industry:
Thyroid Gland Disorders Treatment Market Sales Overview.
Thyroid Gland Disorders Treatment Market Sales Competition by Manufacturers.
Thyroid Gland Disorders Treatment Market Sales Analysis by Region.
Thyroid Gland Disorders Treatment Market Sales Analysis by Type.
Thyroid Gland Disorders Treatment Market Analysis by Application.
Thyroid Gland Disorders Treatment Market -Manufacturers Analysis.
Reasons to Invest:
Market Size Forecasts: The authors of the report have provided accurate estimation of the global Thyroid Gland Disorders Treatment market size based on value and volume
Market Trend Analysis: This section of the report throws light on the approaching trends and developments in the global Thyroid Gland Disorders Treatment market
Future Prospects: The report here offers crucial information on the rewarding opportunities in the global Thyroid Gland Disorders Treatment market
Thyroid Gland Disorders Treatment market report allows an understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences and the vendor landscape of the overall market.
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