The report is titled as ‘Growth Hormone Deficiency Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the growth hormone deficiency market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The growth hormone deficiency market is expected to grow at a significant rate in the near future.
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Growth Hormone Deficiency Introduction
A normal human height is governed by interactions among various factors such as nutritional status, genetic predisposition, environmental factors, and hormonal secretion. Conventionally, short stature has been indent as a height of two standard deviations (SD) below the average of age, sex, and ethnic-matched healthy commands, and is a invariable reason for reference to pediatric endocrinologists.
Growth hormone deficiency (GHD) is a rare but essential cause of short stature with a prevalence of just about one in 4000 in the course of childhood. Although it is a highly unique medical condition, it is crucial to make an accurate diagnosis in order to initiate substitutive recombinant human (rh) GH therapeutic right away and attain a standardization of child development.
As a matter of fact, lacking a diagnosis is estimated to result in inferior or inadequate growth and short stature adults. On the contrary, a deceitful positive diagnosis might lead to several years of regular hypodermic injections and considerable inessential expenditure.
Growth Hormone Deficiency Market Dynamics
The rising incidence of growth hormone (GH) deficiency has become a strain for the healthcare industry in the past couple of years, which is majorly bolstering the growth of the global growth hormone deficiency market.
By the same token, the GH deficiency has also resulted in further chronic disorders, including different body physique, lower muscle strength and energy levels, and other abnormalities which is likely to lead to brain injury, in the near future, which is also playing a part in positively fueling the growth of the global growth hormone deficiency market.
However, there are certain side-effects of GH drugs which might be harmful for the patients, such as fluid retention, joint pain, and muscle pain, which is likely to slow down the growth of the global growth hormone deficiency market in the years to come.
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Growth Hormone Deficiency Market Segmentation
The global growth hormone deficiency market is segmented on the basis of application, treatment type, end-user, distribution channel and region. The application segment of the growth hormone deficiency market is divided into adult growth hormone deficiency and pediatric growth hormone deficiency. Furthermore, the treatment type segment is divided into Surgery and Growth Hormone Therapy. On the basis of end-user, the market is segmented into Hospitals, Clinics, and Homecare settings. On the basis of the distribution channel, the market is segmented into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies.
Growth Hormone Deficiency Market Key Players
The global growth hormone deficiency market is dominated by Sandoz International GmbH, Sanofi-Aventis, Pfizer, Novo Nordisk A/S, Teva Pharmaceutical Industries Limited, Ranbaxy, EMD Serono, Inc., Sun Pharmaceutical Industries Ltd., Eli Lilly and Company, Ferring Holding SA, Genentech, Inc., Merck & Co., Inc., Ipsen, GeneScience Pharmaceuticals Co., Ltd., and Roche Holdings, Inc., among others.
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