Global Acromegaly Treatment Industry Outlook To Witness The Lucrative Growth US$ 2.1Bn by 2031| Demand, Pipeline Drugs & Forecasts

The Global Acromegaly Treatment Market reached US$ 1.2 billion in 2022 and is expected to reach US$ 2.1 billion by 2031 growing with a CAGR of 7.4% during the forecast period 2024-2031.

The Acromegaly Treatment Market Report by DataM Intelligence offers comprehensive insights into the latest market trends, key growth drivers, and emerging challenges. Crafted to support smarter and faster decision-making, our reports blend in-depth data analysis with expert insights. At DataM Intelligence, we simplify complex market dynamics into actionable strategies empowering businesses to remain competitive, scale confidently, and capitalize on the right opportunities in an ever-evolving landscape.

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Acromegaly Treatment Market Overview

Acromegaly is a rare hormonal disorder that results from excess growth hormone (GH) in the body, typically caused by a benign tumor (adenoma) on the pituitary gland. Treatments aim to reduce GH production, remove the tumor, or block GH effects and may include surgery, medication, and radiation therapy.

Research Methodology:

The global Acromegaly Treatment Market research report is based on a combination of primary and secondary data sources. The study carefully analyzes various factors influencing the industry, including government regulations, market dynamics, competitive landscape, historical trends, current conditions, and technological progress. It also evaluates future developments, related industry trends, market volatility, growth prospects, potential obstacles, and emerging challenges.

Segment Covered in the Acromegaly Treatment Market:

By Disease Type: Ectopic Acromegaly, Pseudo Acromegaly

By Treatment: Medication (Somatostatin analogs, Dopamine Agonists, Growth hormone receptor antagonists, Others), Surgery, Radiation Therapy

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List of the Key Players in the Acromegaly Treatment Market:

Recordati Rare Diseases, Pfizer Inc., Validus Pharmaceuticals LLC, Ipsen Pharma, Crinetics Pharmaceuticals, Inc., Amryt Pharma plc, Debiopharm, ADVANZ PHARMA, Novartis Pharmaceuticals Corporation and Amolyt Pharma among others.

Industry Development:

On December 5, 2022, the European Commission (EC) approved Mycapssa for continued treatment of acromegaly in the European Union. This approval applies to patients who have responded to and are stable on octreotide or lanreotide therapy. According to Amryt, a global commercial-stage biopharmaceutical company focused on rare diseases, Mycapssa is already approved in the United States for maintenance therapy in patients who have shown a positive response to injectable octreotide or lanreotide.

On March 16, 2022, Ipsen announced its investment in a state-of-the-art electronic autoinjector for Somatuline Autogel (Somatuline Depot in the U.S.), aimed at advancing innovation and improving patient experience during administration. Ipsen will collaborate with Phillips-Medisize, a global expert in drug delivery design and manufacturing, as part of a broader initiative that also includes expanding Ipsen's manufacturing facility in Signes, France.

Regional Analysis for Acromegaly Treatment Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

The Report Includes:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Go-to-market Strategy.

➡ Neutral perspective on the market performance.

➡ Customized regional/country reports as per request and country level analysis.

➡ Potential & niche segments and regions exhibiting promising growth covered.

People Also Ask:

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➠ What key opportunities and challenges do vendors face in the Acromegaly Treatment industry?

➠ Which product types, applications, or end-users are driving market growth, and what is their market share?

➠ What are the major growth drivers and restraints of the Acromegaly Treatment market?

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