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Growth Hormone Deficiency Treatment Market Trends & Projection to 2022

02-26-2018 02:41 PM CET | Health & Medicine

Press release from: Persistence Market Research

Growth Hormone Deficiency Treatment Market Trends & Projection

Growth hormone deficiency (GHD) is a medical condition characterized by insufficient production of somatropin, a growth hormone, from the anterior pituitary gland which is responsible for the growth and cell reproduction. Though the exact cause of growth hormone deficiency is obscure, it is considered to be of genetic origin or also it can develop after a trauma, brain injury, due to pituitary tumors etc. Children with growth hormone deficiency show retarded growth and sometimes delayed puberty. Symptoms of growth hormone deficiency vary among adults and children. The predominant symptom in children is that the child is abnormally shorter than other children of his age with or without compromise in the cognitive intelligence while in adults, growth hormone deficiency may lead to fatigue, tiredness, anxiety and depression. Growth hormone deficiency is treated with growth hormone injections on daily or weekly basis although the effects of therapy starts showing after 2-3 months of therapy.

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The primary factor contributing to the growth of global growth hormone deficiency treatment market is increasing incidence of growth hormone deficiency syndrome. Several other factors which may cause the global growth hormone deficiency market to grow include changing lifestyle, prevalence of other genetic disorders and incidence of GHD in adults. However, high cost of treatment will always remain the major restraint for global growth hormone deficiency treatment market.

The global growth hormone deficiency treatment market has been segmented on the basis of treatment type, end user, retail sales channels and geography.

Based on treatment type, the global hyperpigmentation treatment market is divided into following:

Pharmacological therapy
Recombinant Human Growth Hormone
Human pituitary gland extracts
Surgery

Based on end user, the global hyperpigmentation treatment market is divided into following:

Hospitals
Clinics
Home care settings

Based on retail sales channels, the global hyperpigmentation treatment market is divided into following:

Pharmacy and drugstores
Hospital pharmacy
Online drug stores/email prescription stores

Surgeries in treatment of growth hormone deficiency treatment are rarely performed. Recombinant human growth hormone sub-segment of pharmacological therapy treatment type is expected to hold major share in the global growth hormone deficiency treatment market due to increased patient compliance. Home care settings’ end user segment occupies significant proportion of global growth hormone deficiency treatment market owing to the nature of a therapy requiring daily dosage administration. Introduction of new medicines such as Saizen solution is anticipated to expand the market growth of global growth hormone deficiency treatment market over the forecast period of 2016-2026.  

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Geographically, the global growth hormone deficiency treatment market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.  North America is expected to contribute largest market share in global growth hormone deficiency treatment market followed by Europe. Emerging markets such as China, India, and Brazil are expected to present good opportunity for growth hormone deficiency treatment market due to entrance of key players into the market.

Some of the major players in the global growth hormone deficiency treatment market include Sandoz International GmbH, Sanofi Aventis, Pfizer, Novo Nordisk A/S, Teva Pharmaceutical Industries Limited, Ranbaxy, EMD Serono, Inc., Sun Pharmaceutical Industries Ltd., Eli Lilly and Company and others.

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The report covers exhaustive analysis on:

Growth Hormone Deficiency Treatment Market Segments
Growth Hormone Deficiency Treatment Market Dynamics
Historical Actual Market Size, 2013 - 2015
Growth Hormone Deficiency Treatment Market Size & Forecast 2016 to 2022
Growth Hormone Deficiency Treatment Current Trends/Issues/Challenges
Competition & Companies involved
Growth Hormone Deficiency Treatment Drivers and Restraints

Report Highlights:

Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance

Report Overview @ https://www.persistencemarketresearch.com/market-research/growth-hormone-deficiency-treatment-market.asp

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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