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Hypoparathyroidism Treatment Market Size

Report ID: GMI8302 Published Date: February 2024Report Format: PDF
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Hypoparathyroidism Treatment Market Size

Hypoparathyroidism Treatment Market was valued at USD 1.3 billion in 2023 and is estimated to register a CAGR of 6.9% from 2024 to 2032. The market has witnessed significant growth over the recent years, driven by the increasing cases of hypoparathyroid disorders, rising number of thoracic surgeries and thyroid gland disorders, and increasing cases of thyroid cancer worldwide. Additionally, advancements in diagnostic technologies are enabling more accurate and timely diagnosis of hypoparathyroidism, leading to a higher number of patients seeking treatment. Further, growing awareness among healthcare professionals and patients about the importance of early detection and treatment is driving market growth by encouraging more proactive management of hypoparathyroidism.

 

Hypoparathyroidism Treatment Market

Hypoparathyroidism is a rare endocrine disorder characterized by insufficient production or secretion of parathyroid hormone (PTH) by the parathyroid glands. These small glands are located in the neck, behind the thyroid gland, and play a crucial role in regulating calcium and phosphorus levels in the body. This imbalance disrupts various physiological processes in the body, affecting the muscles, nerves, and bones.

 

Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

Which companies define the competitive landscape of global hypoparathyroidism treatment industry?+

Ascendis Pharma A/S, Amgen Inc., BioNTech SE, Bristol-Myers Squibb Company, Entera Bio Ltd., F. Hoffmann-La Roche Ltd., Merck & Co., Inc., SK biopharmaceuticals Co., Ltd., Sun Pharmaceutical Industries Ltd. are some of the major industry contenders.

What factors are pushing the growth of North America hypoparathyroidism treatment market?+

North America market for hypoparathyroidism treatment is expected to grow at 6.8% rate during 2024 and 2032, driven by the presence of advanced healthcare infrastructure with access to state-of-the-art medical facilities and specialized healthcare professionals.

Why is the demand for supplements in hypoparathyroidism treatment industry increasing?+

The supplements segment garnered USD 888.2 million in 2023 and is set to gain traction by 2032, attributed to the well-established safety profile of supplements, and ease of availability.

How big is the hypoparathyroidism treatment market?+

The market size for hypoparathyroidism treatment was valued at USD 1.3 billion in 2023 and is estimated to account for USD 2.4 billion by 2032, driven by the increasing cases of hypo parathyroid disorders and rising number of thoracic surgeries.

Hypoparathyroidism Treatment Market Scope

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