VALLEY COTTAGE, New York, December 10, 2018 /PRNewswire/ --
The global hypoparathyroidism treatment landscape thatonly gained much significance post the FDA approval of Natpara in 2015, is projected grow at a rather robust CAGR of approximately 8% through 2026. As per a recent in-depth analysis by Future Market Insights (FMI), the valuation of global hypoparathyroidism
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"The global hypoparathyroidism treatment market holds the potential to exceed the US$ 1.1 Billion mark by 2026, in terms of revenue. The treatment landscape for hypoparathyroidism-a rare endocrine disorder, characterized by high phosphate and low calcium levels, during low or inappropriately normal PTH level-will mostly be driven by increasing incidences of thoracic surgeries and cancer combined with Rising screening rates of thyroid diseases. Moreover, considering the rarity, hypoparathyroidism was classified as an orphan disease in European Union and United States. Considering which, favorable government schemes relating to orphan drug combined with tax incentives such as tax credits for qualified clinical trials and market exclusivity upon regulatory approval are some expected to translate into high return on investment for companies innovating drugs in hypoparathyroidism treatment market", explains a senior analyst.
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A Comprehensive Analysis of the Pipeline Clinical Programs for Hypoparathyroidism Treatment by FMI, Reveals:
Preview Analysis On : Hypoparathyroidism Treatment Market Segmentation By Drug Class - parathyroid hormone, vitamin D analogue and calcium supplements; Route of Administration - Oral, Parenteral; Distribution Channels - Retail pharmacy, Hospital pharmacy, Online sales: https://www.futuremarketinsights.com/reports/hypoparathyroidism-treatment-market
Natpara Holds Approximately $2 Billion Market Opportunity, Reveals FMI
Hypoparathyroidism Treatment Market Showcases a Fairly Consolidated Landscape
Largely dominated by branded drug manufacturers, the competition in Hypoparathyroidism Treatment Market is projected to remain low through the forecast period of 2018-2026. Key leaders including EnteraBio Ltd., Shire-NPS Pharmaceuticals, Inc., and Teva Pharmaceutical Industries Ltd. account for nearly 50 percent market share, with a key focus on developing novel treatment options for hypoparathyroidism. Apart from new product innovations, key players are also expected to take the 'strategic acquisitions to expand global presence combined with increasing distribution channel' route to reach untreated patient pool. In Asia, India accounts for the highest hypoparathyroidism-related mortality incidences, compared to any other region, arising from lack of sufficient screening and treatment lines. However, on the other hand, large unmet treatment needs combined with long clinical trials, will translate into patients opting for alternative medications available in the form of calcium and vitamin generics, thereby increasing the buyer advantage.
Insights Drawn From Segmentation Analysis of Hypoparathyroidism Treatment Market
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SOURCE Future Market Insights
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