Overview and Scope
Pituitary dwarf is a medical condition in which the pituitary gland fails to produce sufficient growth hormone (GH). This deficiency leads to impaired growth and development in affected individuals, resulting in short stature or dwarfism. The pituitary dwarf treatment stimulates the growth of bones, muscles and other tissues, which can cause a noticeable increase in height and overall physical development.
Sizing and Forecast
The pituitary dwarf treatment market size has grown rapidly in recent years. It will grow from $4.76 billion in 2023 to $5.52 billion in 2024 at a compound annual growth rate (CAGR) of 15.9%. The growth in the historic period can be attributed to increasing demand for pituitary dwarf treatment drugs, growing prevalence of pituitary dwarfism, awareness of pituitary dwarfism .
The pituitary dwarf treatment market size is expected to see rapid growth in the next few years. It will grow to $9.4 billion in 2028 at a compound annual growth rate (CAGR) of 14.2%. The growth in the forecast period can be attributed to rising geriatric population, rising healthcare spending, growth hormone treatment, growing demand for prescription treatments for pituitary dwarfism
. Major trends in the forecast period include advancements in medical research, drug approvals, advancements in drug delivery systems, innovative growth hormone formulations, genetic testing.
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Segmentation & Regional Insights
The pituitary dwarf treatment market covered in this report is segmented –
1) By Type: Pituitary Dwarfism Type I; Pituitary Dwarfism Type II; Pituitary Dwarfism Type III; Pituitary Dwarfism Type IV; Other Types
2) By Treatment: Surgery; Additional Therapy; Drugs; Other Treatments
3) By Route Of Administration: Parenteral; Other Routes Of Administrations
4) By End User: Hospitals; Homecare; Specialty Clinics; Other End Users
North America was the largest region in the pituitary dwarf treatment market in 2023. The regions covered in pituitary dwarf treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The growing prevalence of growth hormone deficiency is expected to propel the growth of the pituitary dwarf treatment market going forward. Growth hormone deficiency (GHD) is a medical condition characterized by the pituitary gland’s inadequate production or secretion of growth hormone (GH). The pituitary dwarf treatment provides hormonal therapies that increase growth and bone health, regulate metabolism and improve the quality-of-life suffering from dwarfism and growth hormone deficiency. For instance, in January 2021, according to the European Medicines Agency (EMA), a UK-based decentralized agency, an estimated 6,000 adults will be diagnosed with adult growth hormone deficiency (AGHD) each year in the US. Therefore, the growing prevalence of growth hormone deficiency is driving the growth of the pituitary dwarf treatment market.
Key Industry Players
Major players in the pituitary dwarf treatment market are Pfizer Inc., Merck and Co Inc., Novartis AG, Sanofi S.A., Eli Lilly and Company, Novo Nordisk A/S, H. Lundbeck A/S, Mylan N.V., Teva Pharmaceutical Industries Ltd., Ipsen Pharma S.A., Genentech Inc., Apotex Inc., Cipla Limited, Ferring Pharmaceuticals, Anhui Anke Biotechnology (Group) Co Ltd., Amneal Pharmaceuticals LLC., BioMarin Pharmaceutical Inc., Biopartners GmbH, Elekta AB, Xiamen Amoytop Biotech Co Ltd., Lifetech Labs, Alnylam Pharmaceuticals Inc., GeneScience Pharmaceuticals Co Ltd., Armata Pharmaceuticals Inc., Alkermes Plc.
The pituitary dwarf treatment market report table of contents includes:
1. Executive Summary
2.Pituitary Dwarf Treatment Market Characteristics
3.Pituitary Dwarf Treatment Market Trends And Strategies
4.Pituitary Dwarf Treatment
5.Pituitary Dwarf Treatment Market Size And Growth
6.Pituitary Dwarf Treatment Segmentation
7.Pituitary Dwarf Treatment Regional And Country Analysis
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27.Pituitary Dwarf Treatment Competitive Landscape And Company Profiles
28.Pituitary Dwarf Treatment Key Mergers And Acquisitions
29.Pituitary Dwarf Treatment Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Pfizer Inc.
- Merck and Co Inc.
- Novartis AG
- Sanofi S.A.
- Eli Lilly and Company
- Novo Nordisk A/S
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