Market Synopsis of Global Thyroid Disorder Market
The thyroid gland is known to regulate many functions in the body, and in the event of a disoder in the thyroid gland, the domino effect impacts various other bodily functions. Market focused reports linked with the healthcare industry among others recently have been made available by Market Research Future which issues reports on this industry. The market for thyroid disorder is predicted to achieve revenues worth US$2400.8 million by 2022 while developing with a CAGR of 3.1 percent approximately in the forecast period.
The disorders related to the thyroid hormone cause fluctuations in the level of release of the thyroid hormones. The fluctuations need to monitored and controlled by way of medication and certain lifestyle changes. Functions such as fertility, cardiac functions, and kidney functions are among those critical body functions that are affected by the thyroid disorders. Increasing awareness about thyroid disorders and growing access to medical assistance has increased the growth pace of the market. The rise of alternative medicines is also expected to positively boost the progress of the market in the forecast period.
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Key Players for Global Thyroid Disorder Market:
Some of the key players in this market are namely Allergan, Abbott Laboratories, GlaxoSmithKline plc, Merck & Co., Inc., Pfizer Inc., RLC LABS, AbbVie, Mylan and others.
Global thyroid disorder market has been segmented on the basis of treatment which comprises of drugs and supplements, diagnostics and surgery. On the basis of disease indication; market is segmented into hypothyroidism, hyperthyroidism and other. On the basis of route of administration the market is segmented into oral, injectable and others. On the basis of end users the market is segmented into hospitals and home use.
Regional Analysis of Global Thyroid Disorder Market:
Globally America is the largest market for thyroid disorder and Europe is the second-largest market. Developed regions are expected to lose their market leadership in future due to growing Asia Pacific region which is expected to be the fastest growing region in thyroid disorder market. This region will be led by China and India. Africa is expected to be a moderately growing market in the global thyroid disorder market.
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Table Of Contents
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.5 Macroeconomic Indicators
List Of Tables
Table 1 Global Thyroid Disorders Market, 2013-2022 (Usd Million)
Table 2 Global Thyroid Disorders Market, By Drug Class, 2013-2022 (Usd Million)
Table 3 Global Thyroid Disorders Market, By Route Of Administration, 2013-2022 (Usd Million)
Table 4 Global Thyroid Disorders Market, By End Users, 2013-2022 (Usd Million)
Table 5 Global Thyroid Disorders Market, By Region, 2013-2022 (Usd Million)
List Of Figures
Figure 1 Research Process
Figure 2 Porters Five Forces Model
Figure 3 Global Thyroid Disorders Market, By Drug Class
Figure 4 Global Thyroid Disorders Market, By Route Of Administration
Figure 5 Global Thyroid Disorders Market, By End Users
Figure 6 Global Thyroid Disorders Market, By Region
Figure 7 Global Thyroid Disorders Market: Company Share Analysis, 2015 (%)
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