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Home » Hgh » Current research: Growth deficiency syndrome is expected to contribute a major share in the Human Growth Hormone (HGH) Market 2029 – WhaTech

Human growth hormone, also known as somatotropin or growth hormone, helps in the growth of all the essential tissues of the body including bones. It is one of the most essential hormones required by a human body. Human growth hormone is produced and secreted by somatotrophs, anterior pituitary cells that secrete almost 1-2 milligrams of hormones every day. Synthetic human growth hormone was developed in the 1980s and was approved by FDA for use in children and adults. As per a study conducted by the Partnership Attitude Tracking Study (PATS), the usage of synthetic human growth hormone by teenagers has witnessed an increase of 120% from 2012 to 2013. Human growth hormone spurs muscle strength, growth, and exercise performance. Lower levels of human growth hormone can increase the risk of diseases, hamper quality of life and initiate fat gain. Human growth hormone helps avoid several disorders, which include growth hormone deficiency, Turner syndrome, Prader-Willi syndrome, Noonan syndrome, SHOX gene haploinsufficiency, idiopathic short stature, Creutzfeldt-Jakob disease, and chronic kidney diseases.

The research report presents a comprehensive assessment of theHuman Growth Hormone (HGH) Market Driversand contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry

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Human Growth Hormone (HGH) Market: Segmentation

The global Human Growth Hormone (HGH) market can be segmented on the basis of application type, end users, and geography.

Based on application type, the global Human Growth Hormone (HGH) market is segmented as:

Based on end users, the global Human Growth Hormone (HGH) market is segmented as:

Based on geography, the global Human Growth Hormone (HGH) market is segmented as:

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Human Growth Hormone (HGH) Market: Overview

Growth deficiency syndrome is expected to contribute a major share in the human growth hormone market owing to the increased incidence of pituitary dysfunctioning and growing support for the R&D of growth hormone drugs. Turner syndrome also plays a significant role in the human growth hormone market. A large number of patients suffering from Turner syndrome are treated by growth hormones for delayed sexual and physical development. US. FDA has approved human growth hormone for the treatment of Turner syndrome in 1996. The others segment includes chronic kidney diseases, Down syndrome, skeletal dysplasia, Noonan syndrome, SHOX gene haploinsufficiency, and several other indications that are anticipated to boost the human growth hormone market.

Human Growth Hormone (HGH) Market: Regional Outlook

North Americas human growth hormone market is anticipated to grow the fastest over the forecast period owing to the presence of local players in the market, easy availability, and better affordability for human growth hormone drugs and hormonal therapy. Commercialization of human growth hormone drugs by the US. FDA over the years is also one of the vital factors boosting the human growth hormone market. The Asia-Pacific human growth hormone market is also expected to grow significantly over the forecast period because of improved healthcare expenditure, large patient pool, and increasing investments by market players. Increasing awareness about the treatment of short stature by human growth hormone is also propelling the human growth hormone market.

Human Growth Hormone (HGH) Market: Key Players

Some of the major market participants operating in the global Human Growth Hormone (HGH) market are Novo Nordisk; Eli, Lilly and company; Merck & Co., Inc.; Pfizer Inc., Genentech, Inc.; Ferring Holding SA; Sandoz International GmbH; and Ipsen.

Pfizer signed an agreement with OPKO for the developing and commercializing the hGH-CTP human growth hormone for the treatment of adults and children. Novo Nordisk, in January 2015, received U.S. FDA approval for an injection pen, Norditropin FlexPro, for patients suffering from growth hormone disorders. The companies are competing for the production of long-acting drugs with lower adverse effects.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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The report covers exhaustive analysis on:

Regional analysis includes

Themarket analyzes the consumption patterns of each end use segment with the help of extensive primary and secondary research. Further, the impacts of all the end uses on the market growth has been examined in the report.

The report answers important questions which include:

Why is player leading the in region?

Which factors pose a negative impact on the growth?

What was the value registered in 2018?

What challenges do the players face during R&D stages?

Which countries contribute a significant share to the total revenue in region?

Key findings of the market report:

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Current research: Growth deficiency syndrome is expected to contribute a major share in the Human Growth Hormone (HGH) Market 2029 - WhaTech

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Home » Hgh » Current research: Growth deficiency syndrome is expected to contribute a major share in the Human Growth Hormone (HGH) Market 2029 – WhaTech