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Global Human Growth Hormone Market Size, Trends, and Growth Opportunity, By Application (Growth Hormone (GH) Deficiency, Turner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome, Small for Gestational Age, Other), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Specialty Pharmacy), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and Forecast till 2030.


Report ID : IR1001981 | Industries : Healthcare | Published On :June 2024 | Page Count : 202

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  • Global Human Growth Hormone Market Size, Trends, and Growth Opportunity, By Application (Growth Hormone (GH) Deficiency, Turner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome, Small for Gestational Age, Other), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Specialty Pharmacy), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and Forecast till 2030.
    Global Human Growth Hormone Market 
    The Global Human Growth Hormone Market was valued at USD 4.1 billion in 2022 and is expected to expand to USD 9.6 billion in 2030 at a CAGR of 9.93% during the forecast period 2023-2030.
    Human growth hormone, also called somatotropin, is a peptide hormone that stimulates growth, cell division, and cell regeneration in humans, therefore being essential for human development. Growth hormone (GH) deficiency occurs when the pituitary gland does not produce enough hGH. This deficiency is treated with subcutaneous injections of recombinant human growth hormone. These can also be caused by genetic diseases such as Prader-Willi syndrome and Turner syndrome, resulting in delayed puberty and shorter-than-average height.
    Market Drivers
    The increasing R& D activities, a robust product pipeline, and initiatives are taken by various government and private organizations to spread awareness about GH deficiencies act as major factors for the growing market during the forecast period. 
    The rising development of novel growth hormone therapies propelling the growth of the market.
    Market Restraints
    The high cost associated with hGH therapies hinders the growth of the human growth hormone market. Additionally, the various adverse and side effects associated with hGH therapies restrain the market growth.
    COVID-19 Impact on Human Growth Hormone Market 
    The outbreak of covid-19 negatively impacted the market as restrictions and lockdowns were imposed by the government to protect public health, and the supply chain and production were disrupted along with travel restrictions. As People were focused on essential things which decreases the demand for human growth hormones during a pandemic.
    Impact of Russia Ukraine War on the Market
    The conflict between Russia and Ukraine can have both direct and indirect impacts on the human growth hormone market:
    Disruptions in the supply chain: Many human growth hormone manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting human growth hormone production and delivery.
    Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as the demand for human growth hormone in the region.
    Market Segmentation 
    The Global Human Growth Hormone Market is segmented on the basis of Application, Distribution Channel, and Region. On the basis of Application, it is segmented into Growth Hormone (GH) Deficiency, Turner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome, Small for Gestational Age, Other. Growth Hormone (GH) Deficiency is sub-segmented as Adult GH Deficiency, and Pediatric GH Deficiency. Based on Distribution Channel, it is segmented into Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, and Specialty Pharmacy. On the basis of Region, it is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 
    Regional Analysis
    North America is likely to dominate the market over the forecast period owing to the growing healthcare infrastructure, significant government support, and rising healthcare awareness regarding hGH therapies among people in this region.
    Asia Pacific is also anticipated to witness substantial growth during the forecast period 2023-2030.
    Key Players 
    Various key players are listed in this report such as Novo Nordisk A/S, Pfizer Inc, Eli Lilly and Company, Sandoz International GmbH (Novartis AG), Merck KGaA, Genentech Inc (Roche), Ferring Pharmaceuticals, Teva Pharmaceutical Industries Ltd, Ipsen.
    Market Taxonomy
    By Application
    • Growth Hormone (GH) Deficiency
    • Adult GH Deficiency
    • Pediatric GH Deficiency
    • Turner Syndrome
    • Idiopathic Short Stature
    • Prader-Willi Syndrome
    • Small for Gestational Age
    • Other 
    By Distribution Channel 
    • Hospital Pharmacy
    • Retail Pharmacy
    • Online Pharmacy
    • Specialty Pharmacy 
    By Region 
    • North America
    • Europe
    • Asia Pacific   
    • Latin America
    • Middle East and Africa
       Key Question Addressed by the Report
    • What are the Key Opportunities in Global Human Growth Hormone Market?
    • What will be the growth rate from 2023 to 2030?
    • Which segment/region will have the highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the role of key players in the value chain?
               

    Global Human Growth Hormone Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Human Growth Hormone Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing economic downturn 
    4.2.6 Post covid-19 world Supply& Demand conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Human Growth Hormone Market, By Distribution Channel
    5.1 Y-o-Y Growth Comparison, By Distribution Channel
    5.3 Global Human Growth Hormone Market Share Analysis, By Distribution Channel
    5.3 Global Human Growth Hormone Market Size and Forecast, By Distribution Channel
    5.3.1 Hospital Pharmacy
    5.3.2 Retail Pharmacy
    5.3.3 Online Pharmacy
    5.3.4 Specialty Pharmacy 
    6 Global Human Growth Hormone Market, By Application
    6.1 Y-o-Y Growth Comparison, By Application
    6.2 Global Human Growth Hormone Market Share Analysis, By Application
    6.3 Global Human Growth Hormone Market Share Analysis, By Application
    6.3.1 Growth Hormone (GH) Deficiency
    6.3.1.1 Adult GH Deficiency
    6.3.1.2 Pediatric GH Deficiency
    6.3.2 Turner Syndrome
    6.3.3 Idiopathic Short Stature
    6.3.4 Prader-Willi Syndrome
    6.3.5 Small for Gestational Age
    6.3.6 Other 
    7 Global Human Growth Hormone Market, By Region
    7.1 Global Human Growth Hormone Market Share Analysis, By Region
    7.2 Global Human Growth Hormone Market Share Analysis, By Region
    8 North America Human Growth Hormone Analysis and Forecast (2023-2030)
    8.1 Introduction
    8.2 North America Human Growth Hormone Market Share Analysis, By Distribution Channel
    8.3 North America Human Growth Hormone Size and Forecast, By Application
    8.4 North America Human Growth Hormone Market Size and Forecast, By Country
    8.4.1 U.S
    8.4.2 Canada
    8.4.3 Mexico
    9 Europe Human Growth Hormone Market Analysis and Forecast (2023-2030)
    9.1 Introduction
    9.2 Europe Human Growth Hormone Market Share Analysis, By Distribution Channel
    9.3 Europe Human Growth Hormone Market Size and Forecast, By Application
    9.4 Europe Human Growth Hormone Market Size and Forecast, By Country
    9.4.1 Germany
    9.4.2 France
    9.4.3 UK
    9.4.4 Rest of Europe
    10 Asia Pacific Human Growth Hormone Market Analysis and Forecast (2023-2030)
    10.1 Introduction
    10.2 Asia-Pacific Human Growth Hormone Market Size and Forecast, By Distribution Channel
    10.3 Asia-Pacific Human Growth Hormone Market Size and Forecast, By Application
    10.4 Asia-Pacific Human Growth Hormone Market Size and Forecast, By Country
    10.4.1 China 
    10.4.2 Japan
    10.4.3 India
    10.4.4. Rest of Asia Pacific
    11 Latin America Human Growth Hormone Market Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 Latin America Human Growth Hormone Market Size and Forecast, By Distribution Channel
    11.3 Latin America Human Growth Hormone Market Size and Forecast, By Application
    11.4 Latin America Human Growth Hormone Market Size and Forecast, By Country
    11.4.1 Brazil
    11.4.2. Rest of Latin America
    12 Middle East Human Growth Hormone Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Middle East Human Growth Hormone Market Share Analysis, By Distribution Channel
    12.3 Middle East Human Growth Hormone Market Size and Forecast, By Application
    12.4 Middle East Human Growth Hormone Market Size and Forecast, By Country
    12.4.1. Saudi Arabia
    12.4.2. UAE
    12.4.3. Egypt
    12.4.4. Kuwait
    12.4.5. South Africa
    13 Competitive Analysis
    13.1 Competition Dashboard
    13.2 Market share Analysis of Top Vendors
    13.3 Key Development Strategies
    14 Company Profiles
    14.1. Novo Nordisk A/S
    14.1.1 Overview
    14.1.2 Offerings
    14.1.3 Key Financials
    14.1.4 Business Segment & Geographic Overview
    14.1.5 Key Market Developments
    14.1.6 Key Strategies
    14.2. Pfizer Inc
    14.2.1 Overview
    14.2.2 Offerings
    14.2.3 Key Financials
    14.2.4 Business Segment & Geographic Overview
    14.2.5 Key Market Developments
    14.2.6 Key Strategies
    14.3. Eli Lilly and Company
    14.3.1 Overview
    14.3.2 Offerings
    14.3.3 Key Financials
    14.3.4 Business Segment & Geographic Overview
    14.3.5 Key Market Developments
    14.3.6 Key Strategies
    14.4. Sandoz International GmbH (Novartis AG)
    14.4.1 Overview
    14.4.2 Offerings
    14.4.3 Key Financials
    14.4.4 Business Segment & Geographic Overview
    14.4.5 Key Market Developments
    14.4.6 Key Strategies
    14.5. Merck KGaA
    14.5.1 Overview
    14.5.2 Offerings
    14.5.3 Key Financials
    14.5.4 Business Segment & Geographic Overview
    14.5.5 Key Market Developments
    14.5.6 Key Strategies
    14.6. Genentech Inc (Roche)
    14.6.1 Overview
    14.6.2 Offerings
    14.6.3 Key Financials
    14.6.4 Business Segment & Geographic Overview
    14.6.5 Key Market Developments
    14.6.6 Key Strategies
    14.7. Ferring Pharmaceuticals 
    14.7.1 Overview
    14.7.2 Offerings
    14.7.3 Key Financials
    14.7.4 Business Segment & Geographic Overview
    14.7.5 Key Market Developments
    14.7.6 Key Strategies
    14.8. Teva Pharmaceutical Industries Ltd 
    14.8.1 Overview
    14.8.2 Offerings
    14.8.3 Key Financials
    14.8.4 Business Segment & Geographic Overview
    14.8.5 Key Market Developments
    14.8.6 Key Strategies
    14.9. Ipsen
    14.9.1 Overview
    14.9.2 Offerings
    14.9.3 Key Financials
    14.9.4 Business Segment & Geographic Overview
    14.9.5 Key Market Developments
    14.9.6 Key Strategies