According to IMARC Group’s latest report, titled "Human Growth Hormone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the human growth hormone market share.
The global human growth hormone market size reached US$ 4.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2027, exhibiting a CAGR of 8.47% during 2022-2027. Human growth hormone (HGH) refers to a peptide hormone produced by the pituitary gland to promote growth and development in children and adolescents. The hormone mainly regulates the growth, regeneration, repair, reproduction, and metabolism of the cells, thereby contributing to the overall body development. HGH also helps in regulating body fluids, fat metabolism, and bone and muscle growth. The deficiency of HGH can increase the risk of growth-related ailments and fat accumulation in children and adults, whereas the higher HGH levels may cause gigantism, muscle-wasting disease, acromegaly, and short bowel syndrome.
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Human Growth Hormone Market Trends:
The rising prevalence of Turner syndrome and other growth-related disorders is primarily driving the market growth. Moreover, the increasing consumer health consciousness, along with the growing awareness towards several preventive measures against endocrine disorders, is also propelling the global market for HGH drugs. Various medical ailments, such as Prader-Willi syndrome (PWS) and idiopathic short stature (ISS), that are caused by the deficiency of HGH in the body, have also augmented the demand for HGH drugs. Furthermore, the growing utilization of HGH as performance enhancer by weightlifters, along with extensive R&D activities pertaining to recombinant human growth hormone (HGH), are further expected to drive the market growth.
Human Growth Hormone Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the human growth hormone market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Eli Lilly and CompanyEMD Serono Inc.F. Hoffmann-La Roche AGFerring B.V.Genentech Inc.IpsenMerck KGaANovartis AGNovo NordiskPfizer Inc.Sandoz, etc.Key Market Segmentation:
The report has segmented the global human growth hormone market on the basis of application, distribution channel, route of administration and region.
Breakup by Application:
Growth Hormone (GH) DeficiencyAdult GH DeficiencyPediatric GH DeficiencyTurner SyndromeIdiopathic Short Stature (ISS)Prader-Willi Syndrome (PWS)Small for Gestational AgeOthersBreakup by Distribution Channel:
Hospital PharmacyRetail PharmacyOnline PharmacyOthersBreakup by Route of Administration:
IntravenousIntramuscularSubcutaneousOralBreakup by Region:
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)North America (United States, Canada)Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)Middle East and Africa (Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/human-growth-hormone-market
Key Highlights of the Report:
Market Performance (2016-2021)Market Outlook (2022-2027)Market TrendsMarket Drivers and Success FactorsImpact of COVID-19Value Chain AnalysisComprehensive mapping of the competitive landscapeIf you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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