A new market study on the 2022-2028 Thyroid Disorder Therapy Market with 100+ market data Tables, Pie Chat, and Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry-validated market data. The report incorporates a broad evaluation of different methods like combinations and acquisitions, thing headways, and investigation and enhancements embraced by observable market pioneers to stay at the front line in the overall market.
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Overview:
The two main types of thyroid disorders are hypothyroidism and hyperthyroidism. Both can be caused by other diseases that impact the way the thyroid gland works. Thyroid disorders may lead to decreased or elevated levels of metabolic hormones. The major factors that may lead to thyroid disorder are iodine deficiency and autoimmune disease.
Drivers:
Increasing prevalence of thyroid cancer and increasing the demand for therapy is expected to augment the growth of the global thyroid disorder therapy market over the forecast period. For instance, according to the National Cancer Institute, in 2016, around 822,242 people in the U.S. were living with thyroid cancer. While, according to the American Cancer Society, over 52,070 new cases of thyroid cancer were reported in the U.S. in 2019, including 2,170 deaths.
In May 2018, the U.S. Food and Drug Administration (FDA) approved the combination of two targeted drugs, trametinib (Mekinist) and dabrafenib (Tafinlar), to treat two different types of cancer. The first approval covers the use of the two-drug combination in some patients with advanced melanoma. Whereas, the second approval covers a subset of patients with a rare and aggressive form of thyroid cancer called anaplastic thyroid cancer. Moreover, Eisai Co., Ltd. received manufacturing and marketing authorization in Japan for its in-house developed novel anticancer agent Lenvima (lenvatinib mesylate) to treat unresectable thyroid cancer.
Furthermore, technological advances in thyroid disorder therapy are expected to boost growth of the global thyroid disorder therapy market.
Market Taxonomy:
By Disease Type:
- Thyroid Cancer
- Hypothyroidism
- Hyperthyroidism
By Drug Class:
- Levothyroxine
- Liothyronine
- Kinase Inhibitors
- Anthracyclines
- Beta-Blockers
By Route of Administration:
- Oral
- Intravenous
By Distribution Channel:
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Restraints:
High cost associated with thyroid disorder therapy is expected to hinder growth of the global thyroid disorder therapy market. For instance, as per the National Center for Biotechnology Information, in 2013, the aggregate national cost of well-differentiated thyroid cancer (WDTC) care was US$ 1.6 billion.
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Regional Insights:
North America is expected to witness significant growth in the global thyroid disorder therapy market due to the high prevalence of thyroid in the region. For instance, as per the American Thyroid Association (ATA), more than 12% of the US population is expected to have thyroid in their lifetime.
Moreover, Asia Pacific is expected to witness substantial growth in the global thyroid disorder therapy market due increasing cases of thyroid in the region. For instance, as per the Indian Thyroid Society (2018 report), over 42 million people have thyroid disorders.
Competitive Landscape:
Major players active in the global thyroid disorder therapy market are Pfizer Inc., Mylan N.V., Merck & Co., Novartis A.G., Sanofi, Lanett company, Inc., AbbVie Inc., GlaxoSmithKline, Aspen, and Abbott laboratories, among others.
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Table Of Content
Chapter No. 1 Introduction
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. USP & Key Offerings
1.2. Key Benefits for Stakehulders
1.3. Target Audience
1.4. Report Scope
Chapter No. 2 Executive Summary
2.1. Key Findings
2.1.1. Top Investment Pockets
2.1.1.1. Market Attractiveness Analysis, By Type
2.1.1.2. Market Attractiveness Analysis, By End Use
2.1.1.3. Market Attractiveness Analysis, By Region
2.2. Market Snapshot
2.3. Global Thyroid Disorder Therapy Market, 2017 – 2022 (USD Million)
2.4. Insights from Primary Respondents
Chapter No. 3 COVID 19 Impact Analysis
3.1. Impact Assessment of COVID-19 Pandemic, By Region
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. The Middle-East and Africa
About Us:
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