Parathyroid Disorders Market Latest Trends and Analysis, Future Growth Study by 2032

The global hyperparathyroidism treatment market is expected to register a steady revenue CAGR during the forecast period.

The expanding older population, as well as increased vitamin D deficiency in the general population, are contributing to an increase in the prevalence of parathyroid diseases and are viewed as main drivers of hyperparathyroidism therapy market revenue growth.

Hyperparathyroidism occurs when one or more parathyroid glands become overactive and produce an abnormally large amount of parathyroid hormone. This could be the result of a cancer, gland enlargement, or structural problems with the parathyroid glands. The production of parathyroid hormone by the thyroid gland aids in the maintenance of appropriate calcium balance in the circulation and in tissues that rely on calcium for optimal function. This is necessary for neuron and body functions, as well as bone growth.

Primary hyperparathyroidism and secondary hyperparathyroidism are the two kinds of hyperparathyroidism. When there is a complication inside the parathyroid gland, it is usually a benign (non-cancerous) gland tumour in primary hyperparathyroidism, whereas in secondary hyperparathyroidism, the glands are normal but a disease, such as renal failure, reduces calcium levels, causing the body to respond by producing excess parathyroid hormone.

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Symptoms of hyperparathyroidism can range from mild to severe, depending on the type. Fatigue, weakness, sadness, increased urination, memory problems, fractures, swollen joints, and bone abnormalities are some of the symptoms. Other symptoms are determined by the underlying cause, which could be chronic renal failure or severe vitamin D deficiency.

The insight partners' high-quality database publishes the Parathyroid Disorders Market size (volume and value) and Market chain structure, which is a significant source of information and direction for organisations and individuals interested in the Market. Major firms are profiled, along with market volumes and revenues, for each area (North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America).

An exclusive Parathyroid Disorders Market research report examines market dynamics in five regions: North America, Europe, South America, Asia-Pacific, the Middle East, and Africa.

The parathyroid disorders market is segmented on the basis of type, diagnosis, treatment and by end user. Based on type the market is segmented as hyperparathyroidism (HPT), parathyroid cancer and hypoparathyroidism. On the basis of diagnosis the market is categorized as blood tests, imaging tests and urine tests. On the basis of treatment the market is categorized as surgery, radiation therapy, drugs and others. On the basis of end user the market is categorized as hospitals and clinics, diagnostic centers, drug stores, pharmacies and others.

Segment Overview
The parathyroid disorders market can be segmented based on the type of disorder and the mode of treatment.
Based on the type of disorder, the market can be segmented into:
1. Hyperparathyroidism: This is a condition where the parathyroid glands produce too much parathyroid hormone (PTH), leading to high levels of calcium in the blood. Hyperparathyroidism can be primary, secondary or tertiary.
2. Hypoparathyroidism: This is a condition where the parathyroid glands produce too little PTH, leading to low levels of calcium in the blood.
Based on the mode of treatment, the market can be segmented into:
1. Drugs: Calcium and vitamin D supplements are often used to treat parathyroid disorders. Other drugs that can be used to treat hyperparathyroidism include bisphosphonates, calcimimetics, and denosumab.
2. Surgery: Surgery is the most common treatment for parathyroid disorders. In cases of hyperparathyroidism, surgery involves removing the affected parathyroid gland(s). In cases of hypoparathyroidism, surgery may involve transplanting parathyroid tissue or implanting a device that delivers PTH.
3. Other treatments: Other treatments for parathyroid disorders include radiation therapy, which is sometimes used to shrink tumors that are causing hyperparathyroidism, and dialysis, which is sometimes used to manage high levels of calcium in the blood caused by kidney failure.
Overall, the parathyroid disorders market is expected to grow in the coming years, driven by an increasing incidence of these disorders and the development of new and more effective treatments.
Geographical Overview
The market for parathyroid disorders can vary geographically, depending on factors such as population demographics, access to healthcare, and prevalence of the disorders. However, parathyroid disorders are relatively rare conditions, affecting only a small percentage of the population.
In general, developed countries with better access to healthcare tend to have higher rates of diagnosis and treatment for parathyroid disorders. North America and Europe are major markets for parathyroid disorders, with the United States being the largest market due to its large population and well-developed healthcare system. In Europe, Germany, the UK, and France are the largest markets for parathyroid disorders.
Asia-Pacific is a growing market for parathyroid disorders, with increasing awareness and diagnosis of the conditions in countries such as China, Japan, and South Korea. Other regions such as Latin America and the Middle East & Africa also have potential for growth in the parathyroid disorders market, but this is largely dependent on healthcare infrastructure and access to treatment.

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Competitive Analysis
The parathyroid disorders market is expected to grow significantly in the coming years due to the increasing prevalence of these disorders and the growing aging population. The market is highly competitive, with several established players and new entrants vying for market share. Here is a competitive analysis of the key players in the parathyroid disorders market:
1. Amgen Inc.: Amgen is a leading player in the parathyroid disorders market, with its flagship product Sensipar/Mimpara. The drug is approved for the treatment of secondary hyperparathyroidism in patients with chronic kidney disease and hypercalcemia in patients with parathyroid carcinoma. The company has a strong distribution network and a wide range of products in its pipeline.
2. F. Hoffmann-La Roche Ltd: Roche is another major player in the parathyroid disorders market, with its drug Parsabiv. The drug is used for the treatment of secondary hyperparathyroidism in adult patients with chronic kidney disease on hemodialysis. The company has a strong R&D pipeline and is constantly investing in research to develop new treatments for parathyroid disorders.
3. AbbVie Inc.: AbbVie is a leading pharmaceutical company with a strong presence in the parathyroid disorders market. Its drug, Orilissa, is used for the treatment of endometriosis, a condition that can lead to secondary hyperparathyroidism. The company has a wide range of products in its pipeline and is constantly exploring new treatment options for parathyroid disorders.
4. Teva Pharmaceutical Industries Ltd.: Teva is a leading player in the parathyroid disorders market, with its drug, Cinacalcet Hydrochloride. The drug is used for the treatment of secondary hyperparathyroidism in patients with chronic kidney disease and hypercalcemia in patients with parathyroid carcinoma. The company has a strong distribution network and a wide range of products in its pipeline.
5. Pfizer Inc.: Pfizer is a leading pharmaceutical company with a strong presence in the parathyroid disorders market. Its drug, Genotropin, is used for the treatment of growth hormone deficiency, which can lead to secondary hyperparathyroidism. The company has a strong R&D pipeline and is constantly exploring new treatment options for parathyroid disorders.
Other notable players in the parathyroid disorders market include Eli Lilly and Company, Novartis AG, Merck & Co., Inc., and Sanofi S.A. These companies are also investing heavily in R&D to develop new treatments for parathyroid disorders and expand their market share.

Major highlights of the report:

All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, and forecast years
Evaluation of market share
Study of niche industrial sectors
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen their position in the market.

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