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Growth Hormone Market Technological Advancement, Top Key Players, Financial Overview and Forecast to 2030

Oct 18, 2023 10:00 PM ET

Growth Hormone Market Technological Advancement, Top Key Players, Financial Overview and Forecast to 2030


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

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) .

Human growth hormone, also known as somatotropin, is a peptide hormone secreted by the pituitary gland that regulates the creation and growth of cells, renewal and restoration, and metabolism—all processes required for proper human development. Exercise, agitation, worry, and low blood sugar levels can all affect human growth hormone levels, which should be suitable for optimum growth. Human growth hormones aid in controlling bodily fluids, the metabolism of sugar and fat, the development of bones and muscles, and the healing of wounds. It also enhances muscle strength and performance.

Growth hormone therapy is now more important than ever because of the rising incidence of a lack of growth hormone (GHD) linked to genetic abnormalities, congenital illnesses, and certain medical treatments. The rapid expansion of fresh human growth hormone books is anticipated to fuel the market’s expansion. Additionally, implanted devices and long-acting formulations that provide a sustained and extended supply of growth hormone are growing. This lowers the frequency of the dose. These developments broaden the application of growth hormone therapy while enhancing treatment outcomes and patient experiences.

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Market Segmentation

Brand-based segmentation of the growth hormone market comprises Norditropin, Saizen, Omnitrope, Skytrofa, Genotropin, Humatrope, and other products. The growth hormone market data has been divided by application into small for gestational age, turner condition, Prader-Willi syndrome, adult growth hormone deficiency, idiopathic growth hormonal deficiency, and others. The growth hormone market has been divided into pharmacies in hospitals, retail pharmacies, online pharmacies, and specialty pharmacies based on the distribution channel. Subcutaneous, intramuscular, and intravenous injection routes comprise the growth hormone market segmentation.

Market Competitive Landscape:

  • Ferring B.V. (Switzerland‎)
  • Zhongshan Sinobioway Hygene Biomedicine Co., Ltd (China)
  • Sandoz International GmbH (Germany)
  • Novo Nordisk A/S (Denmark)
  • Pfizer Inc. (US)
  • Ascendis Pharma A/S (Denmark)
  • EMD Serono (US)
  • AnkeBio Co., Ltd (China)
  • Ipsen Pharma (France)
  • Genentech (US),

Regional Insights

Due to the expanding availability of novel pharmaceuticals, supported by the existence of a sizable number of recognized corporations and supporting reimbursement regulations, North America held the biggest market share. Furthermore, the regional market’s growth is fueled by considerable government initiatives, a well-developed medical system, and a high degree of public awareness. However, due to growing populations and increased public awareness, Asia-Pacific is anticipated to experience the most rapid growth rate in terms of sales throughout the projection period. Along with this, the continent’s economic status has improved, and healthcare infrastructure has expanded.

Browse In-depth Market Research Report (175 Pages) on Growth Hormone Market:

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