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The parathyroid hormone market is forecasted to achieve high growth in the coming few years with a forecast CAGR (compound annual growth rate) of 4%, as per The Business Research Company’s market report!

Read More On The Parathyroid Hormone Market Report 2022 – https://www.thebusinessresearchcompany.com/report/parathyroid-hormones-global-market-report

The Parathyroid Hormone Market Size In 2022 And Forecast

The global parathyroid hormone market is expected to grow from $2.02 billion in 2021 to $2.15 billion in 2022 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The parathyroid hormone market is expected to reach $2.51 billion in 2026 at a CAGR of 4%.

The parathyroid hormone market consists of sales of parathyroid hormones and related services by entities (organizations, sole traders and partnerships) that develop parathyroid hormones to treat various diseases.

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Rise In The Prevalence Of Osteoporosis Is Driving The Growth Of The Parathyroid Hormone Market

According to the International Osteoporisis Foundation osteoporosis affects approximately 1.4 million Canadians, mainly postmenopausal women and the elderly. The parathyroid hormone which is naturally produced by the body for regulating the calcium levels is used to reduce the risk of bone fracture in people with osteoporosis and is administered as a daily subcutaneous injection. The increase in osteoporosis is therefore expected to contribute to the growth of the parathyroid hormone market.

Competitive Landscape And The Regional Analysis Of The Parathyroid Hormone Market

Major players in the parathyroid hormone market are Pfizer Inc, Eli Lilly and Company, Radius Health Inc, Shire, Ascendis Pharma, Entera Bio Ltd., Extend Biosciences Inc. and Gedeon Richter Plc.

Additionally, as per TBRC’s research – North America was the largest region in the parathyroid hormone market in 2021 holding the largest market share and Middle East is expected to be the fastest-growing region in the forecast period.

The Parathyroid Hormone Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the parathyroid hormone market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the parathyroid hormone market.

Developing A Biosimilar Of Parathyroid-Based Drugs – A Key Trend In The Parathyroid Hormone Market

A biosimilar is a biological product that is developed to be similar to an already FDA-approved biologic, known as the reference product. Biosimilars potentially offer consumers the opportunity to reduce their healthcare costs without compromising on treatment standards, thus parathyroid hormones manufacturing companies are investing in it.

Parathyroid Hormone Market Segmentation By The Business Research Company

1) By Disease Type: Hypocalcaemia, Hypoparathyroidism

2) By End-User: Hospitals, Clinics, Other

3) By Product Type: Recombinant Parathtyoid Hormone, Parathyroid Hormone Analogues

Here Are Some Reports Related To The Parathyroid Hormone Market –

Anti-Thyroid Drugs Global Market Report 2022

Drugs For Hormonal Replacement Therapy Global Market Report 2022

Thyroid Cancer Drugs Global Market Report 2022

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