LONDON--(BUSINESS WIRE)--TechNavio, an independent tech-focused research firm, has published a list of the top 13 vendors in the Global Human Growth Hormone (HGH) Market, which is growing at a CAGR of 4.22 percent from 2015-2019.
TechNavio pegs F. Hoffmann-La Roche Ltd, Merck Serono, Novo Nordisk A/S and Pfizer Inc, among others, as the top vendors offering products in this market.
HGH is currently approved for the treatment of children born small for gestational age, as well as for various disorders such as Noonan syndrome and Turner syndrome.
The increasing incidence and prevalence of these disorders is expected to fuel the demand for human growth hormone through the projected period.
The new report also indicates that advances in technology are expected to be one of the main trends in the market, as vendors strive to develop better therapies using HGH.
"Collaborations and mergers and acquisitions will mark this industry over the next four years," says Faisal Ghaus, Vice President of TechNavio.
"Established pharmaceutical companies are acquiring late-stage products from small companies where efficacy has already been demonstrated, thereby cutting down on initial R&D expenditure."
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
- Global Hormone Replacement Therapy Market 2014-2018
- Global Schizophrenia Therapeutics Market 2014-2018
About TechNavio
TechNavio is a leading global technology research and advisory company.
Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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