Market Research Future adds the “Acromegaly Market Research Report- Global Forecast Till 2023” report to their unique collection. The Global Acromegaly Market is expected to grow at a CAGR of ~5.2 % during the forecast period 2017-2023.

The major driving factors for the market are increasing prevalence of acromegaly, changing lifestyle, and increasing genetic incident of genetic diseases. Moreover, increasing prevalence of hormonal diseases, for instance, endocrine diseases, and hypopituitarism, increasing government support and rapid developments in technology have fuelled the growth of the market. On the other hand, surgical costs is high, which ranges from approximately USD 2,800 to USD 9,200, however, when averaged it is less than the cost of medications. Unavailability of precise treatment and high cost of the surgery may restrain the growth of the market.

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The global acromegaly market is expected to grow at a CAGR of ~5.2 % during the forecast period 2017-2023.
Acromegaly is a hormonal disorder that results from heavy secretion of growth hormones (GH) in the body. The pituitary gland in the brain, secretes GH. In acromegaly, the pituitary produces excessive amounts of GH. Usually the excess GH comes from benign, or noncancerous, tumors on the pituitary. These benign tumors are called adenomas. Acromegaly is one of the rare diseases, which most often diagnosed in the middle-aged adults and affects 5-8 people per 1 lakh people. If the diseases is not treated, it can result in serious illness and premature death. The most serious health consequences of the disease may result into high blood pressure, type 2 diabetes, increased risk of cardiovascular disease, arthritis, and others.

Key Players
• Novartis AG (Switzerland),
• Aegis Therapeutics LLC (US),
• Chiasma Inc (US),
• Crinetics Pharmaceuticals Inc (US),
• Daewoong Pharmaceutical Co Ltd (South Korea),
• Peptron Inc (South Korea),
• Silence Therapeutics Plc (UK),
• Strongbridge Biopharma plc (US),
• Amryt Pharma plc (UK),
• Foresee Pharmaceuticals LLC (US),
• Glide Pharmaceutical Technologies Ltd (US),
• Ionis Pharmaceuticals Inc (US),
• Ipsen SA (France)
Segmentation
Acromegaly market is segmented on the basis of type, diagnosis, treatment, and end user.
On the basis of treatment, the market is segmented into medications, surgery, radiation therapy, and others. The medication is further segmented into somatostatin analogues, dopamine agonists, growth hormone receptor antagonists, and others. The surgery is further segmented into endonasal transphenoidal surgery, and transphenoidal surgery.
On the basis of diagnosis, the market is segmented into medical imaging, medical laboratory investigations, others. The medical imaging is further segmented into radiography, magnetic resonance imaging (MRI), nuclear medicine, ultrasound, and others.
On the basis of type, the market is segmented into ectopic acromegaly, acromegaly due to growth hormone, and others.
Regional Analysis
Asia Pacific is the fastest growing acromegaly market. China, and India are the significant contributors to the market growth due to the presence of huge population base, increasing prevalence of acromegaly, rapidly growing healthcare sector, and increasing healthcare expenditure. Whereas, the Middle East & Africa holds the least share of the global market due to poor economic condition and limited availability of medical facilities in African region. The Middle East & African acromegaly market is majorly driven by the UAE, Saudi Arabia, and Kuwait.
The Americas commands the global market owing to increasing prevalence of acromegaly, large patient population, high healthcare spending, and strong government support for research & development. According to the Health Research Funding Organization, in America, over 3,000 new cases of acromegaly occurs per year.
Europe leads the second position of the global the market, which is followed by Asia Pacific. High healthcare expenditure, well developed healthcare sector, and increasing government support drives the growth of the market.
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DATA TABLES
Table 1 Acromegaly Industry Synopsis, 2017-2023
Table 2 Global Acromegaly Market Estimates And Forecast, 2017-2023, (USD Million)
Table 3 Global Acromegaly Market By Region, 2017-2023, (USD Million)
Table 4 Global Acromegaly Market By Types, 2017-2023, (USD Million)
Table 5 Global Acromegaly Market By Diagnosis, 2017-2023, (USD Million)
Table 6 Global Acromegaly Market By Treatment, 2017-2023, (USD Million)
Table 7 Global Acromegaly Market By End Users, 2017-2023, (USD Million)
Table 8 North America Acromegaly Market By Types, 2017-2023, (USD Million)
Table 9 North America Acromegaly Market By Diagnosis, 2017-2023, (USD Million)
Table 10 North America Acromegaly Market By Treatment, 2017-2023, (USD Million)
Table 11 North America Acromegaly Market By End Users, 2017-2023, (USD Million)
Table 12 US Market By Types, 2017-2023, (USD Million)
Table 13 US Acromegaly Market By Diagnosis, 2017-2023, (USD Million)
Table 14 US Acromegaly Market By Treatment, 2017-2023, (USD Million)
FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Global Acromegaly Market
Figure 3 Segmentation Market Dynamics For Global Acromegaly Market
Figure 4 Global Acromegaly Market Share, By Type 2016
Figure 5 Global Acromegaly Market Share, By Diagnosis 2016
Figure 6 Global Acromegaly Market Share, By Treatment 2016
Figure 7 Global Acromegaly Market Share, By End Users, 2016
Figure 8 Global Acromegaly Market Share, By Region, 2016
Figure 9 North America Acromegaly Market Share, By Country, 2016
Figure 10 Europe Acromegaly Market Share, By Country, 2016
Figure 11 Asia Pacific Acromegaly Market Share, By Country, 2016
Figure 12 Middle East & Africa Acromegaly Market Share, By Country, 2016
Figure 13 Global Acromegaly Market: Company Share Analysis, 2016 (%)
...Continued!
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