openPR Logo
Press release

Thyroid Deficiency Treatment Market Revenue, Opportunity, Segment and Key Trends 2017-2027

03-30-2017 11:49 AM CET | Health & Medicine

Press release from: Future Market Insights

Thyroid Deficiency Treatment Market Revenue, Opportunity,

According to Harvard Medical School, 13 million Americans suffer from thyroid disorders, and in more than 80% of cases, the problem is underactive thyroid gland i.e. Hypothyroidism. As thyroid hormone regulates body metabolism, its deficiency would lead to symptoms like tiredness, irregular heartbeat, impaired memory, weight gain, slow metabolism and others. The major cause of thyroid deficiency is autoimmunity in developed nations and most often iodine deficiency in developing countries. Almost one-third of the world's population belongs to the Asian and African region which is one of the prevalent regions for iodine deficiency which can lead to the chronic conditions such as congenital hypothyroidism or goiter further leading to thyroid cancer.

Synthetic thyroxine is given as therapeutic for thyroid deficiency treatment by oral or intravenous route and most commonly used the drug is the levothyroxine oral sold by the brand names Synthroid, Levoxyl, Levothroid, Unithroid, Tirosint, Levo-T. Thyroid deficiency treatment market is continuously growing over the years by applying thyroid hormone replacement therapy. Thyroid deficiency treatment cost is also growing at the same pace with the increase in some patients with hypothyroidism.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3140

Thyroid Deficiency Treatment Market: Drivers & Restraints

Thyroid deficiency treatment market growthis likely to propagate in the future as per current trends of increase in the number of patients across the globe. Increasing Iodine deficiencies among the population of Asian and African countries and growing prevalence of autoimmune diseases across North America and Europe regions are fueling the demand for thyroid deficiency treatment market. With addition to it, people suffering from obesity, diabetes and cardiovascular diseases are likely to witness thyroid deficiencies and these risk factors are growing over the years. Increasing government’s focus over the healthcare sector in developing countries elevating the investment in thyroid deficiency treatment market is across the Asia Pacific region. Some alternative therapies used for treatment are also trending these days like the use of remedial herbs, acupuncture and others which restraints the hypothyroidism therapeutics market. However, Tthe side-effects associated with the current medication and treatment also limits the market growth.

Point-of-Care Genetic Testing Market: Segmentation

Segmentation by Treatment Type

Drugs
T4 (Levothyroxine)
T3 (Liothyronine)
Dietary Supplements
IODINE
TIRATRICOL
Segmentation by Disease Indication

Autoimmunity
Iodine Deficiency
Congenital Hypothyroidism
Segmentation by Distribution Channels

Hospital Pharmacies
Retail Pharmacies
Mail Order Pharmacies
Thyroid Deficiency Treatment Market: Overview

Hypothyroidism is prevalent in all parts of the world. Developed countries mostly suffered due to autoimmunity or congenital hypothyroidism and developing countries get suffered mostly due to iodine deficiency in the diet. This shows an increase in demand and need of novel therapeutics and providing a base for Thyroid Deficiency Treatment Market. Trends also direct towards an increase in hormone-related disorders these days. Thus the estimate of medication intake will boost the thyroid deficiency treatment market. The diagnostics and pathology segment is also improving in the developing countries nowadays which grows the therapeutics market. The research and development activities in the field like emerging novel therapeutics, increasing the efficacy of medicine and reducing allergic reactions would be the cutting edge for the market progress. Selling campaigns initiated by the global players is increasing the market progressively.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3140

Recent epidemiological data from WHO suggests that there are more than 750 million cases globally with a thyroid disorder. Increasing focus by government organizations and private agencies like WHO and pharmaceutical companies to create awareness of thyroid deficiency is fuelling the market growth. Levothyroxine and Cytomel are the most selling drugs in the thyroid deficiency treatment market.

Thyroid Deficiency Treatment Market: Region-wise Outlook

North America is the top marketplace for thyroid deficiency treatment because of number of patients. Western Europe is observed as the growing market with the increase in the number of patients than Eastern Europe. The amount of prescribed thyroid hormone used in England only is more than double over the last ten years. More than the developed countries, the developing countries like Asia-Pacific, China, Japan, Middle East and Africa will likely to show tremendous growth in the market in the future due to high prevalence of iodine deficiency, increasing cases of Goiter, the inabilityof in-depth diagnostic work-up, decrease diet and other factors.

Thyroid Deficiency Treatment Market: Key Players

Generic drugs with several brand names are being manufactured in different parts of the world. Some of the global key players in thyroid deficiency treatment market are Glaxo Smithkline Pharmaceuticals Ltd., Abbott Laboratories, Pfizer Inc., Mylan Pharmaceuticals Inc., Allergan, Genzyme Therapeutics and others.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
press@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Thyroid Deficiency Treatment Market Revenue, Opportunity, Segment and Key Trends 2017-2027 here

News-ID: 486238 • Views: 215

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Thyroid

Thyroid Gland Disorders Treatment Market Increasing incidence of Autoimmune Dise …
The global market for thyroid gland disorders features a consolidated vendor landscape with a handful of companies accounting for a major chunk of the global market, observes Transparency Market Research in a recent report. In 2016, the thyroid gland disorders treatment market was dominated by Merck KGaA and AbbVie, Inc., which collectively accounted for more than half of the market. It has been observed that despite the large pool of
Thyroid Gland Disorder Treatment Market: Increasing incidence of Autoimmune Dise …
The global market for thyroid gland disorders features a consolidated vendor landscape with a handful of companies accounting for a major chunk of the global market, observes Transparency Market Research in a recent report. In 2016, the thyroid gland disorders treatment market was dominated by Merck KGaA and AbbVie, Inc., which collectively accounted for more than half of the market. It has been observed that despite the large pool of
Thyroid Functioning Tests Market Scope and Opportunities Analysis 2017 - 2025
Thyroid is one of the most important endocrine glands responsible for its secretions which control many body functions. Its primary functions are production, storage, and release of hormones into the blood circulation. The hormones released are triiodothyronine (T3) and thyroxine (T4); it is important to keep a balance between the levels of these two hormones for the normal functioning of organs. An imbalance in maintaining the levels of T3 and
Increasing Incidence of Thyroid Gland Disorders Expected to Propel the Thyroid G …
Thyroid gland is made of thyroid cells that absorb iodine from food and convert it into triiodothyronine (T3) and thyroxine (T4). These hormones are released into the blood stream and play an important role in the regulation of metabolism. Thyroid gland disorders are defined as an abnormal release of thyroid hormones which may demand proper therapeutic agents to correct the disorder condition. This report studies the market in a view
Increasing Incidence of Thyroid Gland Disorders Expected to Propel the Thyroid G …
Thyroid gland is made of thyroid cells that absorb iodine from food and convert it into triiodothyronine (T3) and thyroxine (T4). These hormones are released into the blood stream and play an important role in the regulation of metabolism. Thyroid gland disorders are defined as an abnormal release of thyroid hormones which may demand proper therapeutic agents to correct the disorder condition. This report studies the market in a view
Increasing Incidence of Thyroid Gland Disorders Expected to Propel the Thyroid G …
The number of patients suffering from thyroid gland disorders across the globe is increasing at a rapid rate. This direct increase in demand is expected to be a primary driver for the development of thyroid gland disorder treatments. The number of patients with thyroid gland disorder is increasing due to a growing population of the elderly, who are prone to thyroid disorders and similar illnesses. Additionally, a person suffering from