Endocrinology Drugs Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027
Report Description
The global Endocrinology Drugs market size is estimated at USD 68,407.1 million in 2020, expanding at a CAGR of 5.5% from 2021 to 2027.
Market Dynamics
Because of the rising prevalence of endocrine diseases, the global endocrinology drugs market is expected to grow at a rapid pace over the forecast period. Endocrine gland disorders such as Addison's disease, gigantism, goiter, Cushing's syndrome, polycystic ovary syndrome (PCOS), diabetes, hypertension, hyperlipidemia, acromegaly, thyroiditis, and osteomalacia are examples of these diseases. The growing adolescent population, which is more susceptible to such diseases due to hormonal imbalances, is also driving the growth of the endocrinology drugs market. Unhealthy lifestyle factors such as high cholesterol intake, work stress, and weight gain, ultimately lead to endocrine system malfunctioning, the introduction of new drug delivery systems, extensive research and development, and an increase in disposable income drive the growth of the endocrinology drugs market.
Regional Insights
North America accounted for a sizable portion of the endocrinology drugs market. Major contributors to this large share include increased prevalence of endocrine diseases, increased use of hormone replacement therapies, and government reimbursement policies. Due to an increase in the prevalence of growth hormone deficiency and the region's expected growth in research and development, Asia Pacific is expected to grow at a relatively faster rate over the forecast period. An increase in the incidence of the endocrine gland and diabetes-related cancers, such as end-stage renal disease, is expected to have a positive impact on the region's endocrinology drugs market.
Segment Insights
The Endocrinology Drugs market is fragmented into product type and distribution channel segments. Based on the product type, the diabetes drugs segment held the dominant share. Based on distribution channels, the online platforms segment is anticipated to grow at a lucrative CAGR.
Competitive Insights
The Endocrinology Drugs market is highly competitive in nature with the presence of local & international players. Major players in the industry engage in strategic mergers & acquisitions, partnerships, and new product launches to remain competent in the market. For example, in September 2021, AstraZeneca invested $360m in an advanced manufacturing facility near Dublin, Ireland to establish a next-generation active pharmaceutical ingredient (API) manufacturing facility for small molecules to ensure the Company’s global supply network is fit for future growth.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Endocrinology Drugs by product type, distribution channel, and region. In addition, this report introduces the market competition situation among the vendors, and the company profile, besides, market price analysis, and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):
- Acerus Pharmaceuticals Corp.
- Beta Cell NV
- GlaxoSmithKline Plc
- Eli Lily
- Ipsen Pharma SA
- Merck and Co. Inc.
- Novartis AG
- Novo Nordisk
- Pfizer
- Sanofi SA
- AbbVie
- AstraZeneca
Therapy Area Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Diabetes Drugs
- Human Growth Hormone Drugs
- Thyroid Hormone Disorder Drugs
- Others
Distribution Channel Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Hospitals and Clinics
- Pharmacy Stores
- Supermarkets
- Online Platforms
Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain, etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina, etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)
Table Of Content
1. Endocrinology Drugs Market Overview
1.1. Product Overview and Scope of Endocrinology Drugs
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Endocrinology Drugs Market Size Growth Rate Analysis by Product Type 2020 VS 2027
1.3.1. Diabetes Drugs
1.3.2. Testosterone Replacement Drugs
1.3.3. Human Growth Hormone Drugs
1.3.4. Thyroid Hormone Disorder Drugs
1.3.5. Others
1.4. Global Endocrinology Drugs Comparison by Distribution Channel: 2020 VS 2027
1.4.1. Hospitals and Clinics
1.4.2. Pharmacy Stores
1.4.3. Supermarkets
1.4.4. Online Platforms
1.5. Global Endocrinology Drugs Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.5.1. North America Endocrinology Drugs Estimates
1.5.2. Europe Endocrinology Drugs Estimates
1.5.3. Asia Pacific Endocrinology Drugs Estimates
1.5.4. South America Endocrinology Drugs Estimates
1.5.5. Middle East & Africa Endocrinology Drugs Estimates
2. Market Competition by Manufacturers
2.1. Global Endocrinology Drugs Revenue Market Share by Manufacturers (2020)
2.2. Endocrinology Drugs Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.3. Global Endocrinology Drugs Average Price by Manufacturers (2021-2027)
2.4. Manufacturers Endocrinology Drugs Production Sites, Area Served, Product Types
2.5. Endocrinology Drugs Market Competitive Situation and Trends
2.5.1. Endocrinology Drugs Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Endocrinology Drugs Consumption by Region (2021-2027)
3.1. Global Endocrinology Drugs Consumption by Region
3.2. Global Endocrinology Drugs Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Endocrinology Drugs Consumption Growth Rate (2021-2027)
3.2.3. North America Endocrinology Drugs Consumption, Price and Gross Margin (2021-2027)
3.2.4. North America Endocrinology Drugs Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Endocrinology Drugs Consumption Growth Rate (2021-2027)
3.2.7. Europe Endocrinology Drugs Consumption, Price and Gross Margin (2021-2027)
3.2.8. Europe Endocrinology Drugs Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Endocrinology Drugs Consumption Growth Rate (2021-2027)
3.2.11. Asia Pacific Endocrinology Drugs Consumption, Price and Gross Margin (2021-2027)
3.2.12. Asia Pacific Endocrinology Drugs Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Endocrinology Drugs Consumption Growth Rate (2021-2027)
3.2.15. South America Endocrinology Drugs Consumption, Price and Gross Margin (2021-2027)
3.2.16. South America Endocrinology Drugs Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Endocrinology Drugs Consumption Growth Rate (2021-2027)
3.2.19. Middle East and Africa Endocrinology Drugs Consumption, Price and Gross Margin (2021-2027)
3.2.20. Middle East and Africa Endocrinology Drugs Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Endocrinology Drugs Consumption by Product Type (2021-2027)
4.1. Global Endocrinology Drugs Price by Product Type (2021-2027)
4.2. Global Endocrinology Drugs Revenue Market Share by Product Type (2021-2027)
4.2.1. Diabetes Drugs
4.2.2. Testosterone Replacement Drugs
4.2.3. Human Growth Hormone Drugs
4.2.4. Thyroid Hormone Disorder Drugs
4.2.5. Others
5. Global Endocrinology Drugs Consumption by Distribution Channel (2021-2027)
5.1. Global Endocrinology Drugs Price by Distribution Channel (2021-2027)
5.2. Global Endocrinology Drugs Revenue Market Share by Distribution Channel (2021-2027)
5.2.1. Hospitals and Clinics
5.2.2. Pharmacy Stores
5.2.3. Supermarkets
5.2.4. Online Platforms
6. Key Companies Profiled
6.1.1. Acerus Pharmaceuticals Corp.
6.1.2. Acerus Pharmaceuticals Corp. Endocrinology Drugs Corporation Information
6.1.3. Acerus Pharmaceuticals Corp. Endocrinology Drugs Product Portfolio
6.1.4. Acerus Pharmaceuticals Corp. Endocrinology Drugs Consumption, Price and Gross Margin (2021-2027)
6.1.5. Acerus Pharmaceuticals Corp. Main Business and Markets Served
6.1.6. Acerus Pharmaceuticals Corp. Recent Developments/Updates
6.2. Beta Cell NV
6.3. GlaxoSmithKline Plc
6.4. Eli Lily
6.5. Ipsen Pharma SA
6.6. Merck and Co. Inc.
6.7. Novartis AG
6.8. Novo Nordisk
6.9. Pfizer
6.10. Sanofi SA
6.11. AbbVie
6.12. AstraZeneca
7. Marketing Channel, Distributors and Customers
7.1. Marketing Channel
7.2. Endocrinology Drugs Distributors List
7.3. Endocrinology Drugs Customers
8. Market Dynamics
8.1. Endocrinology Drugs Industry Trends
8.2. Endocrinology Drugs Growth Drivers
8.3. Endocrinology Drugs Market Challenges
8.4. Endocrinology Drugs Market Restraints
9. Global Endocrinology Drugs Consumption and Demand Forecast, by Region (2022-2027)
9.1. Global Forecasted Demand Analysis of Endocrinology Drugs, by Regions and Country
9.1.1. North America Forecasted Consumption of Endocrinology Drugs by Country
9.1.2. Europe Market Forecasted Consumption of Endocrinology Drugs by Country
9.1.3. Asia Pacific Market Forecasted Consumption of Endocrinology Drugs by Region
9.1.4. Latin America Forecasted Consumption of Endocrinology Drugs by Country
9.1.5. Middle East and Africa Forecasted Consumption of Endocrinology Drugs by Country
10. Research Finding and Conclusion
11. Methodology and Data Source
11.1. Methodology/Research Approach
11.1.1. Research Programs/Type
11.1.2. Market Size Estimation
11.1.3. Market Breakdown and Data Triangulation
11.2. Data Source
11.2.1. Secondary Sources
11.2.2. Primary Sources
11.3. Author List
11.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
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