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Adrenocorticotropic Hormone [ACTH] Market Size Estimated to Touch US$ 1.91 Billion, Expand at a CAGR of 3.9 by 2031 | Transparency Market Research

03-18-2024 01:59 PM CET | Health & Medicine

Press release from: Transparency Market Research

The Adrenocorticotropic Hormone (ACTH) Market encompasses the production, distribution, and utilization of ACTH-based pharmaceuticals for the treatment of various medical conditions related to adrenal insufficiency, autoimmune disorders, and diagnostic testing. ACTH, produced by the pituitary gland, plays a crucial role in regulating the production of cortisol and other adrenal hormones. Synthetic ACTH formulations are used therapeutically to stimulate cortisol production in patients with adrenal insufficiency or as part of diagnostic tests for adrenal function assessment.

Adrenocorticotropic Hormone [ACTH] market is estimated to attain a valuation of US$ 1.91 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 3.9% during the forecast period, 2021-2031

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The significant players operating in the global Adrenocorticotropic Hormone [ACTH] market are

Mallinckrodt plc, Pfizer, Inc., Novartis AG, Merck KGaA, Ferring B.V., Avantor, Inc., Viatris, Inc., Hikma Pharmaceuticals plc

Recent Developments in the Adrenocorticotropic Hormone (ACTH) Market: Recent developments in the Adrenocorticotropic Hormone (ACTH) Market include:

New Formulations and Delivery Systems: Pharmaceutical companies are developing novel ACTH formulations and delivery systems to enhance therapeutic efficacy, patient compliance, and convenience. Extended-release formulations, subcutaneous injection devices, and alternative administration routes offer potential improvements in treatment outcomes and patient experience.

Clinical Research and Evidence-Based Practice: Ongoing clinical research and studies continue to explore the efficacy, safety, and optimal use of ACTH-based therapies in various medical conditions. Evidence-based guidelines and treatment protocols provide clinicians with valuable insights into ACTH therapy selection, dosing regimens, and monitoring parameters.

Regulatory Approvals and Market Expansion: Regulatory approvals for new indications, formulations, and manufacturing facilities support market expansion and product innovation in the ACTH market. Expanded market authorizations enable pharmaceutical companies to reach broader patient populations and healthcare markets, driving revenue growth and market share.

Patient Education and Awareness Initiatives: Patient education programs and awareness initiatives raise awareness of adrenal disorders, diagnostic testing options, and treatment strategies involving ACTH therapy. Empowering patients with knowledge about their condition and available treatment options improves treatment adherence, self-management, and health outcomes.

Future Outlook for the Adrenocorticotropic Hormone (ACTH) Market: The Adrenocorticotropic Hormone (ACTH) Market is poised for continued growth and innovation, driven by:

Personalized Medicine Approaches: Advances in personalized medicine, pharmacogenomics, and biomarker research will lead to the development of tailored ACTH therapies and treatment regimens based on individual patient characteristics, genetics, and disease profiles.

Integration of Digital Health Technologies: Integration of digital health technologies, such as telemedicine, remote monitoring, and electronic health records (EHRs), will enhance patient access to ACTH-based therapies, streamline treatment delivery, and improve communication between patients and healthcare providers.

Emerging Therapeutic Applications: Ongoing research into the immunomodulatory, anti-inflammatory, and neuroprotective properties of ACTH may uncover new therapeutic applications beyond its traditional use in adrenal disorders. Potential indications may include autoimmune and inflammatory conditions, neurological disorders, and neurodevelopmental disorders.

Global Market Expansion: The globalization of healthcare and pharmaceutical markets will drive the expansion of the ACTH market into emerging economies, where the prevalence of adrenal disorders is increasing due to demographic changes, lifestyle factors, and improved disease detection and diagnosis.

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Market Segmentation -

Market Segmentation
Source
Natural
Synthetic

Indication
Rheumatology
Neurology
Nephrotic Syndrome
Ophthalmology
Others

Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Sales

This Report lets you identify the opportunities in Adrenocorticotropic Hormone [ACTH] Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

Key Features of the Adrenocorticotropic Hormone [ACTH] Market Report: -

➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.

➤ Examine the market opportunities for stakeholders by identifying higher growth sections.

➤ To study and analyze the global Adrenocorticotropic Hormone [ACTH] industry status and forecast including key regions.

➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

➤ It helps you make strategic business decisions and investment plans.

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About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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