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| Human Growth Hormone Market |
San Francisco 6 May 2019 The
Report Human Growth Hormone (hGH) Market Analysis By Application (Growth Hormone
Deficiency, Turner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome,
SGA), By Region, And Segment Forecasts, 2018 - 2025
The global human growth hormone (hGH) market is expected to reach USD 7.1 billion by 2025, according
to a new report by Grand View Research, Inc. Rising cases of pituitary
dysfunction and increasing use of human growth hormone are likely to drive the
market in coming years.
Turner syndrome, growth hormone deficiency,
Prader-Willi syndrome, idiopathic short stature, and small for gestational age
(SGA) are major disorders in which growth hormone (GH) are used. Additionally,
growth hormone also received an approval for other indications such as Creutzfeldt-Jakob
disease, chronic kidney disease, SHOX gene haploinsufficiency, and Noonan
syndrome.
Although FDA has not approved the use of
hGH as anti-aging therapy, many practitioners offer injections of growth
hormones at higher prices. The hGH therapy is aggressively promoted for
advanced age symptoms.
hGH is anabolic as it accelerates protein
synthesis and breaks down fat. Hence, athletes involved in strength demanding
activities and sports are likely to use growth hormones for its anabolic
effects. It is a fairly common practice among athletes and body-builders to use
combination of anabolic steroids and GH for the benefits.
Access Research Report of Human Growth Hormone Market @ https://www.grandviewresearch.com/industry-analysis/human-growth-hormone-drugs-market
Further Key Findings From the Report Suggest:
· Increasing demand for hGH due to rising
growth hormone deficiency diseases and technological advancement such as
recombinant DNA technology are expected to propel the market growth.
· The growth hormone deficiency segment
accounted for the highest share of the market in 2016 and is estimated to
observe the fastest growth of the market. This can be attributed to increasing
incidence of pituitary dysfunctioning and investment by major players for the
research and development of human growth hormone drugs.
· Turner syndrome also accounted for the
significant share in the GH market. Large number of patients and effectivity of
growth hormone to treat Turner’s syndrome are the key reasons for the
significant share in the market.
· Geographically, North America was the
largest market for GH in 2016 and is anticipated to maintain its dominance
during the forecast period due to the local presence of market players, the
presence of strong pipeline, and affordability of hormonal therapy.
· Asia Pacific is estimated to witness the
fastest growth during the forecast period owing to increasing healthcare
expenditure, investment by market players, and large patient pool. Furthermore,
increasing awareness about the therapy for short stature is likely to boost the
demand for GH.
· Some of the key players are Pfizer, Inc.;
Merck & Co., Inc.; Eli Lilly and Company, Genentech, Inc., Novo Nordisk,
Sandoz International GmbH, Ferring Holding SA, and Ipsen.
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/pharmaceuticals
Grand View Research has
segmented the global human growth hormone market on the basis of application
and region:
Application Outlook (Revenue, USD Million,
2014 - 2025)
·
Growth Hormone Deficiency
·
Turner Syndrome
·
Idiopathic Short Stature
·
Prader-Willi Syndrome
·
Small for Gestational Age
·
Others
Regional Outlook (Revenue, USD Million,
2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Human Growth Hormone Market@ https://www.grandviewresearch.com/press-release/global-human-growth-hormone-hgh-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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