Press release
Global Human Growth Hormone (hGH) Market: Industry Analysis & Outlook (2017-2021)
Pharmaceutical Industry
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Growth hormone (GH)/ Human Growth hormone (HGH) is a type of peptide hormone produced by the body which is responsible for stimulating cell reproduction, growth, and regeneration amongst humans. Within the anterior of pituitary glands, lateral wings are present the somatotropic cells which synthesize, store, and secrete the GH, a 191-amino acid in single chain polypeptide. It is responsible for keeping a check on the normal human growth and development, especially amongst the teenagers and children. Apart from stimulating cell growth and maintaining muscle mass, HGH also prompts the liver to produce IGF-l which in turn regulates the metabolic functioning of muscles, tissues, and osteocytes.
The deficiency of growth hormone is termed as Growth Hormone Deficiency (GHD), which is a medical condition affecting both children and adults. Amongst children, GHD could be associated with congenital conditions, like married pituitary development and other genetic abnormalities. On the other hand, GHD amongst adults is supposedly linked with pituitary tumors and it usually has non-specific symptoms, like weight gain, reduced energy levels, disturbed sleep, and emotional sickness. Depending upon the indications targeted, the hGH market can be segmented into two broad categories; Pediatric GHD and others. Others segment include adult GHD, PWS, ISS and other GH related abnormalities.
The global hGH market is driven by development and entry of long-acting drugs, rising cases of cancer and HIV/AIDS, higher incidence of GHD and other related diseases, rising health care expenditure and increasing purchasing power. However, this market growth is challenged by the high cost of drugs, off-label uses of hGH drugs and side effects related to rhGH.
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The report “Global Human Growth Hormone (hGH) Market: Industry Analysis & Outlook (2017-2021)” analyzes the development of this market, with focus on the US, Europe and Japan. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Novartis AG., Pfizer Inc., Eli Lilly and Company and Novo Nordisk A/S are being profiled along with their key financials and strategies for growth. The report contains a comprehensive analysis of the global human growth market along with the study of the regional markets.
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