The comprehensive study of “Human Growth Hormone (HGH) Market” report provides deep idea into the market dynamics & overall development of the industry. The report covers growth prospect, current information, market risks involved, cost structure & several other vital information is included in the Human Growth Hormone (HGH) industry report. The latest market study on the Human Growth Hormone (HGH) Market applies the best primary and secondary research techniques to bring the growth rate up to 2024.
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Human Growth Hormone (HGH) Market by Key Players:
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Key Market Trends:
By Application, Turner Syndrome Segment is Expected to Register Steady Growth.
Turner syndrome is a rare chromosomal disorder that affects females, characterized by the partial or complete loss of one of the X chromosomes. The symptoms of Turner syndrome include a wide neck and a low or indistinct hairline, tendency to develop high blood pressure, minor eye problems, drooping of the eyelids, and under-active thyroid gland. The age of diagnosis has been decreasing with better awareness of Turner syndrome in the medical community, which, in turn, is driving the studied market. Since it is associated with many complications related to heart, hearing loss, autoimmune disorders, mental health issues, infertility, and pregnancy complications, the demand for treatment involving growth hormones is increasing.
North America to Dominate the Market
The United States accounted for the largest market share. The dominance of this country can be attributed to factors, such as high healthcare expenditure, the high prevalence of target diseases, and the availability of reimbursements. In the United States, approximately one in 4,000 to 10,000 children suffer from growth hormone deficiency and approximately 50,000 adults have growth hormone deficiency, with about 6,000 new adult patients diagnosed every year. Recombinant growth hormone has been widely available for prescription use in the United States since 1985. It is used for growth hormone deficiency (GHD), Turner’s syndrome, chronic renal insufficiency, small for gestational age or intrauterine growth retardation, Prader-Willi syndrome, continued height deficit at puberty, and cachexia, or AIDS wasting.
The Asia-Pacific region is anticipated to witness the fastest growth during the forecast period as the demand for growth hormone has been rising in the emerging countries for the past few years.
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