The Hypoparathyroidism Treatment Market Size was valued at USD 1.38 billion in 2022 and is expected to reach USD 2.64 billion by 2030, and grow at a CAGR of 8.4% over the forecast period 2023-2030.
Hypoparathyroidism is an uncommon disorder in which the activity of the parathyroid glands is reduced. The most prevalent cause of hypoparathyroidism in patients is when their parathyroid glands are removed or damaged during surgery. It is characterised by low parathyroid hormone secretion and can result in a significant decline in blood calcium levels as well as elevated phosphorus levels. Hypoparathyroidism symptoms range from modest tingling in the fingers, hands, or lips to severe and painful muscle cramps. Patients may experience convulsions and severe muscle cramps across their entire body. PTH shortage due to poor secretion and PTH inability to elicit a response from the bones and kidneys are the two types of hypoparathyroidism.
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Supplementing the body with vitamins and minerals to restore calcium and phosphorus levels in the blood is one of the most popular hypoparathyroidism treatments. This can involve things like taking calcium carbonate tablets or getting a lot of vitamin D. The latter entails the ingestion of calcitriol and works by improving the body's calcium absorption rate. Other therapy option is to inject PTH every day using an FDA-approved injection.
Hypoparathyroidism is a condition in which the parathyroid glands do not produce enough hormone. Hypoparathyroidism can be caused by a wide variety of factors, including parathyroid gland injury or removal, DiGeorge syndrome, a genetic illness, autoimmune disease, cancer radiation treatment, and a low magnesium level. The purpose of parathyroid hormone is to keep the blood phosphorus and calcium levels in check. Hypoparathyroidism symptoms arise when the blood calcium level is low and the phosphorus level is high, causing the human body to exhibit symptoms such as muscle spasms, hair loss, dry skin, numbness, and convulsions. Both children and adults can develop hypoparathyroidism. If a child has hypoparathyroidism, symptoms include poor tooth development, vomiting, headaches, and mental issues.
DRIVERS
Side effects Increased Thoracic Surgery and Cancer Incidence
Investing more in R&D
Government Support for New Drug Development
RESTRAINTS
Side effects
High cost
OPPORTUNITIES
The increasing increase in demand for hypothyroidism biologics
The rise of biologics is expected to bring lucrative
CHALLENGES
Long Clinical Approval Processes
The COVID-19 has had a significant effect on the health industry. While research trials for uncommon diseases have been delayed or postponed until 2020 due to the high emphasis placed on the development of life-saving medications, the market for hypoparathyroidism is projected to experience a short-term fall through 2021.
Government financing and subsidies to assist the development of new hormonal therapies, as well as the relaxing of regulatory laws, are projected to give significant chances for industry expansion. As a result, during the projected period, the market is expected to increase at a stable rate.
By Product:
Low parathyroid hormone secretions cause hypocalcemia. To normalize the insufficiency, doctors use calcium supplements as the first line of treatment.
By Route of Administration:
Due to increased product introductions and a strong pipeline, the oral sector had the highest market share by route of administration. Various elements, such as drug delivery speed, efficacy, and bioavailability, are expected to drive the oral segment's development. The oral mode of administration is effective for medications with a medium to high oral availability.
Oral therapies reduce the need for central lines for intravenous drug administration, lowering the risk of problems and hospitalization. One of the primary elements projected to promote segment growth is the advancement of promising new drugs and possible clinical pipeline candidates.
By Distribution:
Due to the general growing number of facilities and patient accessibility, hospital and retail sales are predicted to have the largest market share among all distribution channels. Additionally, one of the primary reasons driving market expansion throughout the projection period is the rapid delivery of medicines.
By Product Type
Parathyroid Hormone
Natpara
Vitamin D Analogue
Vitamin D2
Vitamin D3
Calcium Supplements
By Route of Administration
Parenteral
Oral
By Distribution Channel
Retail Pharmacies
Hospital Pharmacies
Online
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With a market share of 39.5% in 2021, North America dominated the Hypoparathyroidism Treatment Market. This can be linked to the rise in thyroid-related disorders and pharmaceutical companies' efforts to develop novel formulations. The market in this region is growing due to an increase in the number of thoracic procedures and the incidence of cancer.
However, due to increased government initiatives to promote awareness and the presence of generic manufacturers, Asia Pacific is expected to develop at a faster CAGR over the projection period 2022-2028. The market in this region is growing due to new technological breakthroughs in the treatment of hypoparathyroidism.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Some of the major key players are as follows: Amgen Inc., Ascendis Pharma A/S, BionPharma Inc., Entera Bio Ltd., Extend Biosciences, Inc., F. Hoffmann-La Roche Ltd, ProLynx, Inc., Takeda Pharmaceutical Company Limited and Other Players
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 1.38 Billion |
| Market Size by 2030 | US$ 2.64 Billion |
| CAGR | CAGR of 8.4% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product Type (Parathyroid Hormone (Natpara), Vitamin D Analogue (Vitamin D2, Vitamin D3), Calcium Supplements) • By Route of Administration (Parenteral, Oral) • By Distribution Channel (Retail Pharmacies, Hospital Pharmacies, Online) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Amgen Inc., Ascendis Pharma A/S, BionPharma Inc., Entera Bio Ltd., Extend Biosciences, Inc., F. Hoffmann-La Roche Ltd, ProLynx, Inc., Takeda Pharmaceutical Company Limited. |
| DRIVERS | • Side effects Increased Thoracic Surgery and Cancer Incidence • Investing more in R&D • Government Support for New Drug Development |
| RESTRAINTS | • Side effects • High cost |
Ans:- The Hypoparathyroidism Treatment market is expected to grow at a CAGR of 8.4% over the forecast period 2023-2030.
Ans: - The Hypoparathyroidism Treatment Market size was valued at US$ 1.38 billion in 2022.
Neurorehabilitation Market is divided into four segments and they are By Type, By Application Type, and, By End User Type
North America dominated the Hypoparathyroidism Treatment Market.
Due to increased product introductions and a strong pipeline, the oral sector had the highest market share by route of administration
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces Model
7. PEST Analysis
8. Hypoparathyroidism Treatment Market Segmentation, By Product Type
8.1 Parathyroid Hormone
8.1.1 Natpara
8.2 Vitamin D Analogue
8.2.1 Vitamin D2
8.2.2 Vitamin D3
8.3 Calcium Supplements
9. Hypoparathyroidism Treatment Market Segmentation, By Route of Administration
9.1 Parenteral
9.2 Oral
10. Hypoparathyroidism Treatment Market Segmentation, By Distribution Channel
10.1 Retail Pharmacies
10.2 Hospital Pharmacies
10.3 Online
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Amgen Inc.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Ascendis Pharma A/S
12.3 BionPharma Inc.
12.4 Entera Bio Ltd.
12.5 Extend Biosciences, Inc.
12.6 F. Hoffmann-La Roche Ltd
12.7 ProLynx, Inc.
12.8 Takeda Pharmaceutical Company Limited.
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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