The global hypoparathyroidism treatment industry is on the brink of substantial growth, as revealed by a comprehensive market analysis conducted by Future Market Insights. The market, valued at US$ 777.4 million in 2022, is anticipated to surge to an estimated US$ 841.9 million by the end of 2023. The analysis further predicts a steady Compound Annual Growth Rate (CAGR) of 7.7% from 2023 through 2033, culminating in a projected market value of US$ 1,767.4 million at the close of the forecast period.
Hypoparathyroidism, a rare endocrine disorder characterized by insufficient levels of parathyroid hormone, has emerged as a key driver behind the escalating demand for innovative treatment approaches. This noteworthy market expansion reflects a growing emphasis on advancing therapeutic interventions to meet the unmet medical needs of individuals affected by this condition.
Get your Sample Report with Latest Market Information! https://www.futuremarketinsights.com/reports/sample/rep-gb-7857
The market analysis conducted by Future Market Insights indicates a robust trajectory for the hypoparathyroidism treatment industry, propelled by ongoing efforts to develop effective and patient-centric solutions. The remarkable growth underscores the industry’s commitment to addressing the unique challenges posed by hypoparathyroidism and improving the quality of life for those affected.
As the hypoparathyroidism treatment industry continues its upward trajectory, stakeholders, including pharmaceutical companies, healthcare professionals, and researchers, are encouraged to collaborate and innovate in the pursuit of groundbreaking solutions. This growth not only represents a significant market opportunity but also signifies a collective commitment to improving the lives of those grappling with this rare endocrine disorder.
Key Takeaways:
- Over the next several decades, the Indian market is expected to grow at an 8.6% CAGR.
- By 2033, the worldwide market is expected to be worth US$ 1767.4 million.
- The United States has emerged as the dominant market, accounting for more than 37.7% of overall demand in 2022.
- Over the next several decades, the Chinese market is expected to grow at a CAGR of 7.9%.
- In 2022, the calcium supplements category accounted for 38.29% of market revenue.
“As patient awareness grows, the market is projected to see a rise in patient screening for a variety of thyroid diseases. Furthermore, the approval and classification of hypothyroidism medications as orphan pharmaceuticals by the US Food and Drug Administration (FDA) and the European Commission (EC), along with the untapped patient pool, is projected to boost market development,” says the FMI analyst
Reach Out To Our Analyst For Prompt Assistance With Your Questions! https://www.futuremarketinsights.com/ask-question/rep-gb-7857
Competitive Landscape:
- Amolyt Pharma revealed an oral presentation at the 25th European Congress of Endocrinology (ECE) 2023 in May 2023. The presentation highlights the potential benefits of eneboparatide as a treatment for hypoparathyroidism, an illness in which numerous individuals have or are at risk of developing osteopenia and osteoporosis.
- In November 2022, the Food and Drug Administration (FDA) authorized for Priority Assessment a new drug application (NDA) for TransConTM PTH (palopegteriparatide) in adults with hypoparathyroidism.
Key Companies Profiled:
- Takeda Pharmaceutical Company Limited.
- Entera Bio Ltd.
- Amgen Inc.
- Ascendis Pharma A/S
- F. Hoffmann-La Roche Ltd
- ProLynx, Inc.
- Extend Biosciences, Inc.
- BionPharma Inc.
- Teva Pharmaceuticals Ltd.
Ignite Innovation with Customization: Uncover the Possibilities in Our Report! https://www.futuremarketinsights.com/customization-available/rep-gb-7857
Hypoparathyroidism Treatment Market Segmentation:
By Product Type:
- Parathyroid Hormone
- Natpara
- Others
- Vitamin D Analogue
- Vitamin D2
- Vitamin D3
- Calcium Supplements
By Route of Administration:
- Oral
- Parenteral
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Sales
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
For In-Depth Competitive Analysis, Purchase this Report! https://www.futuremarketinsights.com/checkout/7857
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
