Parathyroid Hormone Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Parathyroid Hormone Market?
The growing prevalence of osteoporosis is expected to boost the market for parathyroid hormones. Osteoporosis, which leads to an increased risk of bone fractures, affects millions worldwide. For instance, the International Osteoporosis Foundation reported that 1.4 million Canadians suffer from osteoporosis, particularly postmenopausal women and the elderly. The increasing number of osteoporosis cases is driving the demand for parathyroid hormones, which help reduce fracture risk in patients.
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What is the Predicted Annual Growth Rate of theParathyroid Hormone Market Impact Industry Trends by 2034?
The parathyroid hormone market size has grown steadily in recent years. It will grow from $2.35 billion in 2024 to $2.43 billion in 2025 at a compound annual growth rate (CAGR) of 3.5%. This growth is due to the rising prevalence of chronic kidney disease, increased awareness of parathyroid hormone-related disorders, growing demand for parathyroid hormone analogs, increased government funding for research, and rising disposable incomes.
The parathyroid hormone market is projected to grow strongly, reaching $3.5 billion by 2029 with a CAGR of 9.6%. Factors contributing to this growth include the aging population, the expansion of private healthcare sectors, emerging medical indications, precision medicine, increased awareness of bone health, and improved healthcare access. Trends to watch include advancements in parathyroid hormone testing, drug delivery innovations, combination therapies, digital health integration, and sustainability initiatives.
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What Key Market Trends and Innovations Are Shaping the Future of theParathyroid Hormone Industry?
Companies in the parathyroid hormone market are focusing on developing biosimilars for parathyroid-based drugs. Ascendis Pharma’s approval of YORVIPATH, a prodrug for hypoparathyroidism, in August 2024, provides a new treatment option with continuous PTH release, offering significant benefits for patients managing calcium regulation and bone health.
Who Are the Leading Market Players Fueling Growth in the Parathyroid Hormone Market Trend?
Major companies operating in the parathyroid hormone market include Pfizer Inc., Eli Lilly and Company, Radius Health Inc., Ascendis Pharma, Entera Bio Ltd., Extend Biosciences Inc., Gedeon Richter Plc., Abbott Laboratories, Amgen Inc., Merck & Co. Inc., Novartis AG, F. Hoffmann-La Roche AG, Teva Pharmaceutical Industries Ltd., Alcon Laboratories Inc., Bayer Healthcare, AstraZeneca PLC, Biocon, Dr. Reddy’s Laboratories, Glenmark Pharmaceuticals, Jubilant Life Sciences, Lupin Limited, Sun Pharmaceutical Industries, Torrent Pharmaceuticals, Wockhardt, Cipla Limited
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How is the Global Parathyroid Hormone Market Segemented?
The parathyroid hormone market covered in this report is segmented –
1) By Disease Type: Hypocalcemia, Hypoparathyroidism
2) By Product Type: Recombinant Parathyroid Hormone, Parathyroid Hormone Analogues
3) By End-User: Hospitals, Clinics, Other End-Users
Subsegments:
1) By Hypocalcemia: Pseudohypoparathyroidism, Vitamin D Deficiency
2) By Hypoparathyroidism: Post-Surgical Hypoparathyroidism, Idiopathic Hypoparathyroidism
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Which Geographics are Influencing the Growth of the Parathyroid Hormone Market?
The countries covered in the parathyroid hormone market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
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