PUBLISHER: Orion Market Research Pvt Ltd | PRODUCT CODE: 1064634
PUBLISHER: Orion Market Research Pvt Ltd | PRODUCT CODE: 1064634
Global Acromegaly Drug Market Size, Share & Trends Analysis Report by Product Type (Somatostatin Analogs, Growth Hormone Receptor Antagonist (GHRA), Dopamine Agonists, and Other Product Types), Forecast Period (2021-2027)
The global acromegaly drug market is anticipated to grow at a considerable CAGR during the forecast period. Acromegaly is a hormonal condition that occurs when the pituitary gland produces too much growth hormone in maturity. According to the National Institutes of Health (NIH) and Endocrine Society, around 69,000 individuals living with acromegaly globally. In addition, increasing incidence of pituitary tumors and acromegaly, changing lifestyle and increasing investments in R&D for developing new molecules are driving the growth of acromegaly drugs market.
The global acromegaly drugs market is segmented based on product type into somatostatin analogs, growth hormone receptor antagonist (GHRA), dopamine agonists, and other product types. Somatostatin analogs segment is estimated to hold a prominent share in the acromegaly drugs market and is anticipated to show a similar trend during the forecast period owing to the wide availability of drugs and its cost-efficiency.
Geographically, the global acromegaly drugs market covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and the Rest of the World.
Market Segmentation
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