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Thyroid Gland Disorder Treatment Trends and Forecast
The future of the global thyroid gland disorder treatment market looks promising with opportunities in the hypothyroidism and hyperthyroidism markets. The global thyroid gland disorder treatment market is expected to reach an estimated $3.06 billion by 2030 with a CAGR of 3.5% from 2024 to 2030. The major drivers for this market are rising prevalence of thyroid disorders, growing demand for personalized medicine, and increasing number of disease awareness programs in the developing countries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Thyroid Gland Disorder Treatment by Segment
The study includes a forecast for the global thyroid gland disorder treatment by route of administration, drug type, disease type, and region.
Thyroid Gland Disorder Treatment Market by Route of Administration [Shipment Analysis by Value from 2018 to 2030]:
• Oral
• Intravenous Route
• Others
Thyroid Gland Disorder Treatment Market by Drug Type [Shipment Analysis by Value from 2018 to 2030]:
• Levothyroxine
• Liothyronine
• Propylthiouracil
• Imidazole-Based Compounds
• Others
Thyroid Gland Disorder Treatment Market by Disease Type [Shipment Analysis by Value from 2018 to 2030]:
• Hypothyroidism
• Hyperthyroidism
Thyroid Gland Disorder Treatment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Thyroid Gland Disorder Treatment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies thyroid gland disorder treatment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the thyroid gland disorder treatment companies profiled in this report include-
• AbbVie
• Pfizer
• Merck
• Lannett Company
• Allergan
• Mylan
• GlaxoSmithKline
• Novartis
• RLC LABS
• Abbott Laboratories
Thyroid Gland Disorder Treatment Market Insights
Lucintel forecasts that oral will remain the larger segment over the forecast period due to the fact that the medicines available on the market are tablets or pills, which can be easily administered every day by a patient.
Within this market, hypothyroidism will remain the larger segment due to rising incidence of iodine deficiency worldwide.
North America will remain the largest region over the forecast period due to growing prevalence of thyroid diseases, new product launches and approvals, and strong concentration of market players.
Features of the Global Thyroid Gland Disorder Treatment Market
Market Size Estimates: Thyroid gland disorder treatment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Thyroid gland disorder treatment market size by route of administration, drug type, disease type, and region in terms of value ($B).
Regional Analysis: Thyroid gland disorder treatment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different route of administration, drug types, disease types, and regions for the thyroid gland disorder treatment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the thyroid gland disorder treatment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the thyroid gland disorder treatment market size?
Answer: The global thyroid gland disorder treatment market is expected to reach an estimated $3.06 billion by 2030.
Q2. What is the growth forecast for thyroid gland disorder treatment market?
Answer: The global thyroid gland disorder treatment market is expected to grow with a CAGR of 3.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the thyroid gland disorder treatment market?
Answer: The major drivers for this market are rising prevalence of thyroid disorders, growing demand for personalized medicine, and increasing number of disease awareness programs in the developing countries.
Q4. What are the major segments for thyroid gland disorder treatment market?
Answer: The future of the thyroid gland disorder treatment market looks promising with opportunities in the hypothyroidism and hyperthyroidism markets.
Q5. Who are the key thyroid gland disorder treatment market companies?
Answer: Some of the key thyroid gland disorder treatment companies are as follows:
• AbbVie
• Pfizer
• Merck
• Lannett Company
• Allergan
• Mylan
• GlaxoSmithKline
• Novartis
• RLC LABS
• Abbott Laboratories
Q6. Which thyroid gland disorder treatment market segment will be the largest in future?
Answer: Lucintel forecasts that oral will remain the larger segment over the forecast period due to the fact that the medicines available on the market are tablets or pills, which can be easily administered every day by a patient.
Q7. In thyroid gland disorder treatment market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing prevalence of thyroid diseases, new product launches and approvals, and strong concentration of market players.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the thyroid gland disorder treatment market by route of administration (oral, intravenous route, and others), drug type (levothyroxine, liothyronine, propylthiouracil, imidazole-based compounds, and others), disease type (hypothyroidism and hyperthyroidism), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Thyroid Gland Disorder Treatment Market, Thyroid Gland Disorder Treatment Market Size, Thyroid Gland Disorder Treatment Market Growth, Thyroid Gland Disorder Treatment Market Analysis, Thyroid Gland Disorder Treatment Market Report, Thyroid Gland Disorder Treatment Market Share, Thyroid Gland Disorder Treatment Market Trends, Thyroid Gland Disorder Treatment Market Forecast, Thyroid Gland Disorder Treatment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Thyroid Gland Disorder Treatment Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Thyroid Gland Disorder Treatment Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Thyroid Gland Disorder Treatment Market by Route of Administration
3.3.1: Oral
3.3.2: Intravenous Route
3.3.3: Others
3.4: Global Thyroid Gland Disorder Treatment Market by Drug Type
3.4.1: Levothyroxine
3.4.2: Liothyronine
3.4.3: Propylthiouracil
3.4.4: Imidazole-based compounds
3.4.5: Others
3.5: Global Thyroid Gland Disorder Treatment Market by Disease Type
3.5.1: Hypothyroidism
3.5.2: Hyperthyroidism
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Thyroid Gland Disorder Treatment Market by Region
4.2: North American Thyroid Gland Disorder Treatment Market
4.2.2: North American Thyroid Gland Disorder Treatment Market by Disease Type: Hypothyroidism and Hyperthyroidism
4.3: European Thyroid Gland Disorder Treatment Market
4.3.1: European Thyroid Gland Disorder Treatment Market by Route of Administration: Oral, Intravenous Route, and Others
4.3.2: European Thyroid Gland Disorder Treatment Market by Disease Type: Hypothyroidism and Hyperthyroidism
4.4: APAC Thyroid Gland Disorder Treatment Market
4.4.1: APAC Thyroid Gland Disorder Treatment Market by Route of Administration: Oral, Intravenous Route, and Others
4.4.2: APAC Thyroid Gland Disorder Treatment Market by Disease Type: Hypothyroidism and Hyperthyroidism
4.5: ROW Thyroid Gland Disorder Treatment Market
4.5.1: ROW Thyroid Gland Disorder Treatment Market by Route of Administration: Oral, Intravenous Route, and Others
4.5.2: ROW Thyroid Gland Disorder Treatment Market by Disease Type: Hypothyroidism and Hyperthyroidism
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Thyroid Gland Disorder Treatment Market by Route of Administration
6.1.2: Growth Opportunities for the Global Thyroid Gland Disorder Treatment Market by Drug Type
6.1.3: Growth Opportunities for the Global Thyroid Gland Disorder Treatment Market by Disease Type
6.1.4: Growth Opportunities for the Global Thyroid Gland Disorder Treatment Market by Region
6.2: Emerging Trends in the Global Thyroid Gland Disorder Treatment Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Thyroid Gland Disorder Treatment Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Thyroid Gland Disorder Treatment Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: AbbVie
7.2: Pfizer
7.3: Merck
7.4: Lannett Company
7.5: Allergan
7.6: Mylan
7.7: GlaxoSmithKline
7.8: Novartis
7.9: RLC LABS
7.10: Abbott Laboratories
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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