Growth Hormone Market Research Report: Information by Brand (Norditropin, Genotropin, Humatrope, Saizen, Omnitrope, Skytrofa, and Others), by Route of Administration (Subcutaneous, Intramuscular, and Intravenous), by Application (Pediatric Growth Hormone Deficiency, Adult, Growth Hormone Deficiency, Idiopathic Growth Hormone Deficiency, Small for Gestational Age, Turner Syndrome, Prader-Willi Syndrome, and Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacy, and Specialty Pharmacy), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Forecast Till 2030
Growth Hormone Market Size was valued at USD 2.02 billion in 2021 and is projected to grow from USD 2.40 billion in 2022 to USD 9.46 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.46% during the forecast period (2022 – 2030). The growth hormone market is a part of the global pharmaceutical industry and includes drugs used for the treatment of growth hormone deficiency (GHD) and other related conditions. The market is primarily driven by the increasing prevalence of growth hormone disorders, such as GHD, and the rising demand for effective treatment options. The market is segmented by application, distribution channel, and region. By application, the market is segmented into growth hormone deficiency, Turner syndrome, idiopathic short stature, Prader-Willi syndrome, and others. By distribution channel, the market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies.
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Market Segmentation
Global Growth Hormone market has been segmented into Brand, Route of Administration, Application and Distribution Channel,
Brand Outlook: Norditropin, Genotropin, Humatrope , Saizen ,Omnitrope , Skytrofa
Administration Outlook: Subcutaneous, Intramuscular, Intravenous
Application Outlook: Pediatric Growth Hormone Deficiency, Adult Growth Hormone Deficiency,
Idiopathic Growth Hormone Deficiency, Small for Gestational Age, Turner Syndrome, Prader-Willi Syndrome
Distribution Channel Outlook: Hospital Pharmacies, Retail Pharmacies, Online Pharmacy, Specialty Pharmacy
Key Players
Novo Nordisk A/S (Denmark), Pfizer Inc. (US), Ascendis Pharma A/S (Denmark), EMD Serono (US), Ferring B.V. (Switzerland), Zhongshan Sinobioway Hygene Biomedicine Co., Ltd (China), Sandoz International GmbH (Germany), AnkeBio Co., Ltd (China), Ipsen Pharma (France), Genentech (US),
Regional Analysis
North America is one of the largest markets for growth hormone due to the high prevalence of growth hormone deficiency and other related conditions. The market is driven by the presence of a large number of pharmaceutical companies in the region, advanced healthcare infrastructure, and favorable reimbursement policies. The United States is the largest market in North America, followed by Canada.
Europe is another significant market for growth hormone due to the high incidence of growth hormone deficiency and related conditions. The market is driven by the presence of a large number of pharmaceutical companies, advanced healthcare infrastructure, and favorable reimbursement policies. The United Kingdom, Germany, and France are the largest markets in Europe.
The Asia Pacific region is expected to grow at a high rate due to the increasing awareness about growth hormone therapy, rising prevalence of growth hormone deficiency, and improving healthcare infrastructure. China, Japan, and India are the largest markets in the region.
Latin America is also a significant market for growth hormone due to the increasing prevalence of growth hormone deficiency and related conditions. The market is driven by the presence of a large number of pharmaceutical companies and improving healthcare infrastructure. Brazil and Mexico are the largest markets in Latin America.
Browse In-depth Market Research Report (175 Pages) on Growth Hormone: https://www.marketresearchfuture.com/reports/human-growth-hormone-market-6494
The Middle East and Africa region is expected to grow at a moderate rate due to the increasing awareness about growth hormone therapy and improving healthcare infrastructure. The market is driven by the presence of a large number of pharmaceutical companies and favorable government initiatives. Saudi Arabia and South Africa are the largest markets in the region.
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