Press release
Breaking Down Cushings Syndrome and Acromegaly Treatment Market Trends
Cushings Syndrome and Acromegaly Treatment Market 2023The physicians' as well as patients' experiences are being enhanced by VR (Virtual reality) and AR (Augmented Reality). The major application areas include training surgeons and physicians with various essential insights. Various players are also teaming up for making important decisions, so as to assure of consent of patients. The Cushings Syndrome and Acromegaly Treatment Market would go along these lines going forward.
Persistence Market Research (PMR) delivers the key insights on the global Cushing's Syndrome and Acromegaly treatment market in its upcoming report titled "Cushing's Syndrome and Acromegaly Treatment Market: Global Industry Analysis 2013-2017 and Forecast 2018 - 2026". In terms of revenue, the global Cushing's syndrome and Acromegaly treatment market is projected to register a CAGR of 9.3% over the forecast period.
๐๐ฒ๐ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ข๐ณ ๐๐๐๐ต๐ถ๐ป๐ด๐ ๐ฆ๐๐ป๐ฑ๐ฟ๐ผ๐บ๐ฒ ๐๐ป๐ฑ ๐๐ฐ๐ฟ๐ผ๐บ๐ฒ๐ด๐ฎ๐น๐ ๐ง๐ฟ๐ฒ๐ฎ๐๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐@ https://www.persistencemarketresearch.com/samples/24664
The Cushing's syndrome and Acromegaly treatment is segmented based on drug type, distribution channels and regions. Based on the drug type, the Cushing's syndrome and Acromegaly Treatment is segmented into Cushing's syndrome treatment and Acromegaly treatment. The Cushing's syndrome treatment is further sub segmented into Glucocorticoid Receptor Inhibitors, Somatostatin, and other Off-label.
Company Profiles
โข Novartis AG
โข Corcept Therapeutics
โข HRA Pharma
โข Bristol-Myers Squibb Company
โข Pfizer Inc.
โข Ipsen Biopharmaceuticals, Inc.
โข Others.
The Acromegaly treatment is further sub segmented into Somatostatin, Glucocorticoid Receptor Inhibitors, and other Off-label. Based on the distribution channels, the global Cushing's syndrome and Acromegaly treatment market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies.
The Cushing's syndrome treatment segment is expected to be the leading segment in the Cushing's Syndrome and Acromegaly Treatment market over the forecast period. The Cushing's syndrome treatment segment is expected to witness a high growth at a CAGR of 9.5% over the forecast period.
๐ฆ๐๐ถ๐๐ฐ๐ต ๐ข๐๐ฒ๐ฟ ๐ง๐ผ ๐ง๐ต๐ฒ "๐ ๐ฒ๐๐ต๐ผ๐ฑ๐ผ๐น๐ผ๐ด๐" ๐ง๐ฎ๐ฏ@ https://www.persistencemarketresearch.com/methodology/24664
The Cushing's syndrome and Acromegaly Treatment market is also segmented based on the distribution channels. The hospital pharmacies segment in the Cushing's syndrome and Acromegaly treatment market is expected to have a dominant share, while the retail pharmacies segment in the Cushing's syndrome and Acromegaly treatment is expected to grow at a CAGR of 9.7 % over the forecast period.
The growth of the global Cushing's syndrome and Acromegaly treatment market is primarily driven by its growing prevalence coupled with the growing awareness and the rate of screening. The development of healthcare infrastructure around the world coupled with the governmental support towards orphan and rare diseases is also expected to drive the growth of the Cushing's syndrome and Acromegaly treatment market.
However, the high cost of drugs coupled with the lower screening rates in the developing world are factors expected to hamper the growth of the market. Government support in terms of orphan drug status and the financial and tax incentives have led to a high return on investment for the Cushing's syndrome and acromegaly treatment market.
In the U.S., incentives include a 7-year period of market exclusivity following product launch, regardless of patent life, a waiver on Food and Drug Administration fees, and 50% tax credit on clinical studies. In the EU, Regulation offers 10-year market exclusivity, with tax credits offered by individual EU markets.
In 2012, FDA Safety Innovation Act that has made rare disease drugs to progress through clinical trials activities. This has translated into driving the global sales of orphan drugs by 10% in a year between 2005-2011, and a 400 orphan drugs approvals in the U.S. and EU region.
This report assesses the trends that are driving the growth of each segment of the Cushing's syndrome and Acromegaly treatment market on the global as well as regional level, and offers potential takeaways that proves substantially useful for manufacturers planning to enter the Cushing's syndrome and Acromegaly treatment market.
๐๐ผ ๐ง๐ผ "๐ฃ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ฒ ๐ก๐ผ๐" ๐ง๐ผ ๐๐ฒ๐ฐ๐ถ๐ฝ๐ต๐ฒ๐ฟ ๐ง๐ต๐ฒ ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐๐ป ๐ข๐๐ฟ ๐๐๐๐ต๐ถ๐ป๐ด๐ ๐ฆ๐๐ป๐ฑ๐ฟ๐ผ๐บ๐ฒ ๐๐ป๐ฑ ๐๐ฐ๐ฟ๐ผ๐บ๐ฒ๐ด๐ฎ๐น๐ ๐ง๐ฟ๐ฒ๐ฎ๐๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐@ https://www.persistencemarketresearch.com/checkout/24664
North America is expected to be the dominant regional market for Cushing's syndrome and Acromegaly treatment, accounting for a high revenue share in 2017.
The U.S. Cushing's Syndrome and Acromegaly Treatment market is expected to account for a large share and to grow at a CAGR of 9.8 % over the forecast period, while Canada is expected to register a CAGR of 9.0%.
Europe and Asia Pacific Cushing's Syndrome and Acromegaly treatment markets collectively are expected to grow at CAGRs of 8.9 % and 10.5%, respectively. The market is expected to shift in favour of developing regions led by Asia Pacific nation of China owing to its fast developing economy and healthcare.
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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