DUBLIN--(BUSINESS WIRE)--The "Global Human Growth Hormone Market - Segmented by Application, Distribution Channel, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global human growth hormone market is expected to register a CAGR of 6.8% during the forecast period, 2018 to 2023.
The pituitary gland produces hormones that the affect growth and functionality of the other glands. It plays an important role in the physical growth of children. Growth Hormones levels rise gradually during childhood and peak during puberty. The dysfunction of pituitary may lead to the abnormal physical growth. According to the estimates of American Society of Clinical Oncology (ASCO) in the United States, 14,230 pituitary gland tumors were diagnosed in 2017.
The side effects of this hormone may affect adults more than the younger population. Side effects associated with the use of human growth hormones, such as nerve, muscle, or joint pain, swelling of the arms and legs from fluid retention, growth of facial features, hands, and feet, may hamper the growth of the human growth hormone market over the forecast period. Long-term effects of human growth hormone are unknown.
North America dominates the global human growth hormone market. The dominance of the region can be attributed to factors, such as high healthcare expenditure and commercialization of growth hormone by US Food and Drugs Administration (FDA) since last few years. In the United States, approximately 50,000 adults have growth hormone deficiency. Also, about 6,000 new adult patients diagnosed every year.
Companies Mentioned
- AnkeBio Co. Ltd
- EMD Serono Inc.
- F. Hoffmann-La Roche
- Ferring BV
- Genentech Inc.
- Ipsen
- Lilly USA LLC
- Novo Nordisk A/S
- Pfizer Inc.
- Teva Pharmaceutical Industries Ltd
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key Players
10. Future of the Market
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