Market Research Forecasts Endocrinology Market at $11 Billion by 2018
Rockville, MD, /Marketwire - MarketResearch.com has announced the addition of the new report “Endocrinology Market to 2018 - Advanced Injection Devices for Growth Hormone and Somatostatin will Improve Ease of Use for Patients,” to their collection of Therapeutic Area market reports. For more information, visit http://www.marketresearch.com/GBI-Research-v3759/Endocrinology-Advanced-Injection-Devices-Growth-6842481/
The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts. The report provides an in-depth analysis of the major endocrine markets including growth hormone deficiency market, acromegaly market, male Hypogonadism market and hypothyroidism market. The report also provides the share of generics in the global endocrinology as well as in each indication market. The report examines the global endocrine disorders treatment usage patterns. It provides the geographical distribution of growth hormone deficiency, acromegaly, male hypogonadism, hypothyroidism and markets across the US, the top five countries of Europe and Japan. The report also includes insights into the endocrinology Research and Development (R&D) product pipeline and explores the competitive landscape, including major players in the market. Finally, the report includes analysis on Mergers and Acquisitions (M&A) and licensing agreements that took place in the endocrinology market.
GBI Research’s analysis shows that the overall global endocrinology market for the four indications was valued at $6.0 billion in 2010. It grew from $4.0 billion in 2004 at a CAGR of 6.9%. The market is expected to witness series of patent expiries, generic erosion and possible launches of novel molecules. The market is expected to witness comparatively moderate growth with a CAGR of 8.0% between 2010 and 2018, and is estimated to reach $11.2 billion in 2018. Patent expiries of blockbuster drugs such as Sandostatin LAR, Norditropin will restrict the growth of the market. The rapid uptake of novel dosage forms and formulations of existing drugs will increase the number of patients on treatment. Increased awareness among the general population about rare endocrine disorders will lead to an increase in market size in the forecast period.
For more information, visit http://www.marketresearch.com/GBI-Research-v3759/Endocrinology-Advanced-Injection-Devices-Growth-6842481/
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