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Global Endocrinology Drugs Market 2018-2022 | Increasing Incidence of Endocrine Disorders to Boost Demand | Technavio

October 9, 2018

LONDON--(BUSINESS WIRE)--Oct 9, 2018-- analysts forecast the global endocrinology drugs market to grow at a CAGR of over 6% during the forecast period, according to their latest market research report.

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Technavio analysts forecast the global endocrinology drugs market to grow at a CAGR of over 6% by 2022. (Graphic: Business Wire)

The association between obesity and endocrine disorders is one of the major trends being witnessed in the . The increasing incidence of obesity may be associated with the high incidence of endocrine disorders such as , hypothyroidism, and PCOS. Obesity may also be associated with rare endocrinology disorders such as Crushing’s syndrome and hypothyroidism. These disorders may be causative factors for the development of obesity in some cases or maybe the secondary effects of obesity.

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According to Technavio analysts, one of the key factors contributing to the growth of the global endocrinology drugs market is the increasing incidence of endocrine disorders:

Global endocrinology drugs market: Increasing incidence of endocrine disorders

The increase in the incidence of endocrine disorders may be due to the rising aging population globally. The aging population is at a high-risk of hormone disorders that increase with age. With advances in technology, life expectancy is increasing. This increases the proportion of aging and dependent population, which, in turn, poses a significant burden on public healthcare spending as well as the average spending per person on healthcare.

According to a senior analyst at Technavio for research on infectious and rare diseases, “Diabetes is the most common disorder, and its incidence is increasing globally, posing as a major public health issue. The risk factors are generally known to be a genetic and poor lifestyle and dietary habits. The incidence of diabetes also has a high economic impact globally due to the costs associated such as hospital costs, purchase of drugs and biologics, primary care visits, and specialized visits.”

Global endocrinology drugs market: Segmentation analysis

The global endocrinology drugs market research report provides market segmentation by therapy area (diabetes drugs, thyroid hormone disorder drugs, HGH, and testosterone replacement therapy), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The Americas held the largest share of the market in 2017, accounting for close to 52% share. It was followed by EMEA and APAC respectively. However, the incidence patterns of the disease are rising in APAC. For instance, Asia accounts for about 60% of the world diabetic population with almost one-half of the population in China and India combined.

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Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005735/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA SOUTH AMERICA AFRICA MIDDLE EAST

INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY CLINICAL TRIALS PHARMACEUTICAL PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES RESEARCH SCIENCE

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 10/09/2018 10:14 AM/DISC: 10/09/2018 10:13 AM

http://www.businesswire.com/news/home/20181009005735/en

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