Home > Healthcare > Pharmaceuticals > Finished Drug Form > Acromegaly Treatment Market
Acromegaly Treatment Market size was valued at USD 2.2 billion in 2023 and is estimated to grow at 5.4% CAGR from 2024 to 2032, due to the rising prevalence and incidence of acromegaly and pituitary tumors coupled with growing global awareness of the disease.
According to Orphanet, the global prevalence of acromegaly ranges from 1 in 7,500 to 1 in 35,800 people, while the annual incidence is between 1 in 91,000 to 1 in 526,000 people. Thus, the prevalence of acromegaly has significantly boosted the demand for effective treatments, thereby driving market growth. Furthermore, the rising demand for advanced treatments is encouraging pharmaceutical companies to invest in research and development (R&D). These efforts focus on creating innovative therapies and delivery methods for rare disease treatment, thereby exposing new market opportunities.
Report Attribute | Details |
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Base Year: | 2023 |
Acromegaly Treatment Market Size in 2023: | USD 2.2 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 5.4% |
2032 Value Projection: | USD 3.5 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 140 |
Tables, Charts & Figures: | 250 |
Segments covered: | Type, Treatment Type, Age Group, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Acromegaly is a rare hormonal disorder resulting from excess growth hormone secretion, typically due to a benign pituitary adenoma. Treatment aims to reduce growth hormone levels, alleviate symptoms, and prevent complications. Primary treatments include surgical resection of the pituitary tumor, often achieved via transsphenoidal surgery. Medications such as somatostatin analogs, and growth hormone receptor antagonists are used to inhibit growth hormone production or block its effects. Radiotherapy is also an option for patients who do not respond adequately to surgery or medication.