Thyroid Gland Disorders Therapeutics Market Share, Size, Value, Trends Growth Demand Insights 2022-2029
Thyroid Gland Disorders Therapeutics Market Outlook
The size of the Thyroid Gland Disorders Therapeutics Market is estimated to reach USD million by 2029, with growth at a CAGR of 3.2% during the forecast period 2022-2029. Thyroid gland-related disorders are caused due to the inefficiency of the thyroid gland to produce enough thyroid hormones. Thyroid disorders are mainly caused due to a deficiency of iodine in the body.
The global thyroid gland disorders therapeutics market growth is primarily driven by the rising burden of the population with iodine deficiency. Iodine deficiency is majorly caused by a low intake of iodine in the diet. As per the National Institute of Health, the prevalence of iodine deficiency is higher in the mountainous regions of the United States and Mexico, where more people are falling prey to thyroid diseases.
COVID-19 is affecting the global economy by directly affecting production and demand, disturbing the supply chain and market disruption, and by its a financial impact on firms and financial markets.
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Thyroid Gland Disorders Therapeutics Market Segmentation:
The global market Thyroid Gland Disorders Therapeutics Market is segmented by disease type, by drug class, and by route of administration.
Based on Disease Type, the segment is subdivided into Hypothyroidism, Hyperthyroidism, and Others. Based on Drug Class, it is further divided into Thiourea derivatives, Beta-adrenergic blocking agents, Thyroid hormones, Liothyronine, Electrolytes, Corticosteroids, Tricyclic antidepressants, and Antiepileptic agents. By Route of Administration into Oral, Parenteral, and Others. By Distribution Channel into Retail Stores, Online pharmacies, Wholesale Distribution, and Others.
Thyroid Gland Disorders Therapeutics Market Geographical Classification:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Rest of the World
Thyroid Gland Disorders Therapeutics Market Regional Presence:
Among all regions, the North American region is controlling the global market during the forecast period, and it remains to continue its dominance over the global market. Next to North America, the Europe region is projected to be expected as the second largest market during the forecast period 2022-2029.
Where the Asia Pacific is anticipated to be the fastest growing market during the forecast period 2022-2029, major countries such as China, Japan, India, and South Korea are contributing to their share growth of the Asia Pacific region.
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Some of the Major Companies Leading the Global Thyroid Gland Disorders Therapeutics Market:
- Abbvie Inc
- GlaxoSmithKline PLC
- Amgen Inc
- Novartis AG
- Mylan NV
- Merck KGaA
- Pfizer Inc
- Takeda Pharmaceutical Company Limited
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The Full Report has the below insights
- The report offers a comprehensive evaluation of the market in terms of Market Value (US$) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data (2020-2021), and verifiable projections about market size during the forecast period (2022-2029).
- Visualize the composition of the global Thyroid Gland Disorders Therapeutics market segmentation by disease type, by drug class, and by route of administration, and region highlighting the key commercial assets and players.
- Identify commercial opportunities in the global Thyroid Gland Disorders Therapeutics Market by analyzing trends and co-development deals.
- The report also covers data insights on various industry forces such as porter’s five forces, regulations in each country, pipeline analysis and pricing analysis.
- Excel data sheet with thousands of data points global Thyroid Gland Disorders Therapeutics Market -level 4/5 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
- The report will provide access to approximately 50+ market data tables, 40+ figures, and close to 180 pages.
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