Human Growth Hormone MarketThe significant growth is expected in the global human growth hormone market, according to the market research report by Transparency Market Research TMR. The market is likely to register CAGR of 6. Human growth hormone also known as somatotropin boldenone good steroid produced by the human growth hormone market pituitary. Growth hormone deficiency usually occurs due to any damage to the pituitary gland human growth hormone market it also can be acquired genetically. Growth hormone deficiency is common among children and adults.
Human Growth Hormone (hGH) Market | Industry Report,
Rising cases of pituitary dysfunction and increasing use of human growth hormone are likely to drive the market in coming years. Turner syndrome, growth hormone deficiency, Prader-Willi syndrome, idiopathic short stature, and small for gestational age SGA are major disorders in which growth hormone GH are used.
Additionally, growth hormone also received an approval for other indications such as Creutzfeldt-Jakob disease, chronic kidney disease, SHOX gene haploinsufficiency, and Noonan syndrome. Although FDA has not approved the use of hGH as anti-aging therapy, many practitioners offer injections of growth hormones at higher prices.
The hGH therapy is aggressively promoted for advanced age symptoms. Hence, athletes involved in strength demanding activities and sports are likely to use growth hormones for its anabolic effects.
It is a fairly common practice among athletes and body-builders to use combination of anabolic steroids and GH for the benefits. To request a sample copy or view summary of this report, click the link below: Increasing demand for hGH due to rising growth hormone deficiency diseases and technological advancement such as recombinant DNA technology are expected to propel the market growth.
The growth hormone deficiency segment accounted for the highest share of the market in and is estimated to observe the fastest growth of the market. This can be attributed to increasing incidence of pituitary dysfunctioning and investment by major players for the research and development of human growth hormone drugs. Turner syndrome also accounted for the significant share in the GH market. Geographically, North America was the largest market for GH in and is anticipated to maintain its dominance during the forecast period due to the local presence of market players, the presence of strong pipeline, and affordability of hormonal therapy.
Asia Pacific is estimated to witness the fastest growth during the forecast period owing to increasing healthcare expenditure, investment by market players, and large patient pool. Furthermore, increasing awareness about the therapy for short stature is likely to boost the demand for GH. Some of the key players are Pfizer, Inc. Grand View Research has segmented the global human growth hormone market on the basis of application and region:. We never share your personal data.
Avail customized purchase options to meet your research needs: Get your queries resolved from an industry expert. Request for a free product review before report purchase. Speak to the report author to design an exclusive study to serve your research needs. December Report Format: Grand View Research has segmented the global human growth hormone market on the basis of application and region: Share E-mail Save Print.
Buy Chapters or Sections Avail customized purchase options to meet your research needs: Custom research service Speak to the report author to design an exclusive study to serve your research needs. We are committed towards customer satisfaction, and quality service.
Client Testimonials "The quality of research they have done for us has been excellent Request a Free Sample.