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Anti-Thyroid Drugs Market Size, Share, Growth, Trends And Global Forecast 2023-2032
Anti-Thyroid Drugs Market Report
The Business Research Company's Anti-Thyroid Global Market Report 2023 identifies Graves' disease is one of the direct causes of hyperthyroidism as the major driver for the anti-thyroid market's growth in the forecast period. According to a research study published in 2020, in developed countries, Graves' disease (GD) is the most common cause of hyperthyroidism. It is more common between the ages of 30 and 60, and women are 5-10 times more likely than men. Genetic predisposition accounts for 79% of the risk for GD, while environmental factors account for 21%. Owing to the rising number of Grave's disease, people suffering from hyperthyroidism are also increasing.
The global anti-thyroid drugs market size will grow from $2.45 billion in 2022 to $2.52 billion in 2023 at a compound annual growth rate (CAGR) of 3.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global anti-thyroid drugs market size is expected to grow to $2.78 billion in 2027 at a CAGR of 2.5%.
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Major competitors in the anti-thyroid market are Mylan N.V., Abbott Laboratories, GlaxoSmithKline PLC., Merck & Co., AbbVie Inc., Pfizer Inc., Allergan PLC, RLC LABS, Amgen Inc., and Lannett Company Inc.
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The anti-thyroid market is segmented -
•By Drug Type: Thionamides (Inhibition of hormone synthesis), Iodides (Inhibition of hormone release)
•By Route of Administration: Oral, Intravenous, Other Route of Adminitration
•By Distribution Channel: Wholesaler/Distributors, Retail Chain, Online Distribution, Other Distribution Channels
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the anti-thyroid market.
The Business Research Company's "Global Anti-Thyroid Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Anti-Thyroid Market Include:
1. Executive Summary
2. Anti-Thyroid Drugs Market Characteristics
3. Anti-Thyroid Drugs Market Trends And Strategies
4. Anti-Thyroid Drugs Market - Macro Economic Scenario
5. Anti-Thyroid Drugs Market Size And Growth
……
26. Africa Anti-Thyroid Drugs Market
27. Anti-Thyroid Drugs Market Competitive Landscape And Company Profiles
28. Anti-Thyroid Drugs Pipeline Analysis
29. Key Mergers And Acquisitions In The Anti-Thyroid Drugs Market
30. Anti-Thyroid Drugs Market Future Outlook and Potential Analysis
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