Human Growth Hormone Market Share & Trend Analysis is Expected To Reach USD 15.66 Billion By 2032, at a CAGR of 11.4% | Polaris Market Research, Inc.
The Human Growth Hormone Market, in terms of revenue, was evaluated to be worth USD 5.95 billion in 2023 and is foreseen to reach USD 15.66 billion by 2032, growing at a CAGR of 11.4% from 2024 to 2032, according to a new report by Polaris Market Research. The main driver of market growth is the increasing frequency of growth hormone deficiency (GHD).Human growth hormone (HGH), typically known as growth hormone, is a hormone built by the pituitary gland at the bottom of the brain in the development stage of life. HGH is a naturally occurring hormone that helps humans grow. It aids in the development of bones, the maintenance and repair of brain and organ tissue, and the stimulation of cell division and renewal.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/human-growth-hormone-market/request-for-sample
Humans can also have growth hormone insufficiency due to a number of hereditary disorders, such as Turner syndrome, Prader-Willi syndrome, and idiopathic short stature (ISS), which results in delayed puberty and shorter-than-average height.
Furthermore, several conditions, including genetic disorders, severe brain traumas, and pituitary gland absence at birth, propel the human growth hormone market. Also, an increasing number of product releases in the upcoming years will result from rising research and development expenses by companies due to the market's potential growth.
๐๐ก๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข AnkeBio Co., Ltd
โข Ascendis Pharma
โข Eli Lilly and Company
โข Ferring Pharmaceuticals
โข Genentech, Inc (Roche)
โข Merck KGaA
โข Novartis AG
โข Novo Nordisk
โข Pfizer Inc.
โข Sandoz International GmbH
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3655/2
๐๐ฎ๐ฆ๐๐ง ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐จ๐ซ๐ฆ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข The long-acting segment is projected to expand at the highest CAGR during the forecast period, owing to the safety profile & effectiveness of long-acting human growth hormones.
โข In 2023, the growth hormone deficiency segment accounted for the largest market share, owing to the high prevalence of the disease and the rising number of new products for its treatment.
โข In 2023, the hospital pharmacies segment accounted for the largest market share, owing to the increasing number of patient visits to hospitals.
โข North America accounted for the largest revenue share in the human growth hormone market in 2023, owing to the rising cases of Turner syndrome and growth hormone deficiencies.
The market players include AnkeBio Co., Ltd, Ascendis Pharma, Novo Nordisk, Pfizer, Eli Lilly, Sandoz International, Merck, Genentech, and more.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
In 2023, market revenue was highest in North America. One of the main factors propelling the market expansion in this region is the high frequency of Turner syndrome and human growth hormone insufficiency. Also, throughout the projection period, Asia Pacific is expected to see the greatest CAGR. In the upcoming years, it is anticipated that the human growth hormone market will develop more rapidly due to the increased prevalence of uncommon genetic illnesses and rising awareness of human growth hormone insufficiency.
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/human-growth-hormone-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐ฒ๐ฉ๐:
โข Long-acting
โข Short-acting & Intermediate-acting
๐๐ฒ ๐๐จ๐ฎ๐ญ๐ ๐จ๐ ๐๐๐ฆ๐ข๐ง๐ข๐ฌ๐ญ๐ซ๐๐ญ๐ข๐จ๐ง:
โข Oral
โข Parenteral
โข Intravenous
โข Subcutaneous
โข Intramuscular
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐๐๐ฌ ๐๐ฎ๐ซ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.linkedin.com/pulse/gas-turbine-market-powering-efficiency-reliability-energy-mohit-harne-mhpqf
๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐๐๐ญ๐ฒ ๐๐๐๐ข๐ง๐๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.linkedin.com/pulse/biological-safety-cabinet-market-safeguarding-ummaf
๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐๐ญ๐ฎ๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.linkedin.com/pulse/aircraft-actuator-market-driving-precision-control-aviation-2v7wf
๐๐ฎ๐ง๐ฌ๐ก๐จ๐ญ ๐๐๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ: https://www.linkedin.com/pulse/gunshot-detection-system-market-enhancing-public-twcrf
๐๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.linkedin.com/pulse/military-vetronics-market-advancing-vehicle-electronics-zelnf
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
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Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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