Addison’s Disease Market Destine to Reach USD 1111.39 Million, with an Excellent CAGR of 10.50% by 2029, Size, Share, Trends, Growth, Demand & Revenue Forecast

PRESS RELEASE
Published October 18, 2023

The Global Addison’s Disease market survey report conducts a thorough analysis of the market’s potential, encompassing the current landscape and future prospects. It delves into various facets of the Addison’s Disease industry, offering the latest market insights and a comprehensive analysis that brings the marketplace sharply into focus. This market research study assesses the market’s status, growth trajectory, forthcoming trends, drivers, opportunities, challenges, risks, entry barriers, sales channels, and distribution networks. The report emphasizes key market dynamics, the current market scenario, and the future outlook for the Addison’s Disease industry. The Addison’s Disease market research report is the result of a synergistic blend of industry expertise, innovative solutions, practical insights, and the utilization of technology to enhance the user experience.

This influential Addison’s Disease market report encompasses all the studies and estimations integral to the standard market research analysis process. It offers a detailed examination of various market segments expected to experience the most rapid growth during the forecast period. Proficient skills and outstanding resources in research, data collection, development, consulting, evaluation, compliance, and regulatory services converge to create this top-tier market research report. The report caters to diverse business needs and aids in informed decision-making and efficient operations. The Addison’s Disease market research report is poised to empower businesses in making well-informed decisions and effectively managing the marketing of their goods and services.

Data Bridge Market Research analyses a growth rate in the global addison’s disease drugs market in the forecast period 2022-2029. The expected CAGR of global addison’s disease drugs market is tend to be around 10.50% in the mentioned forecast period. The market was valued at USD 500 million in 2021, and it would grow upto USD 1111.39 million by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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The global addison’s disease drugs market is expected to witness significant growth during the forecast period. Emerging markets and huge investment in research and development are the factors responsible for the growth of this market. The growth of addison’s disease drugs market enhanced by the growing cases of addison’s disease and rise in research and development activities conducted by many pharmaceuticals’ companies. Further R&D is launching advanced treatments wherein adrenocortical stem cells will be mixed with immunomodulatory treatment, resulting in immune system modification.

Key Growth Drivers:

  • Need For Long-Term Treatment

Addison’s disease requires long term treatment with steroid replacement therapy. Glucocorticoid and mineralocorticoid replacement therapies are currently the most commonly used treatments for addison’s disease. In addition, hydrocortisone is one of the most preferred drugs in the glucocorticoid class due to its short half-life and ability to absorb into the bloodstream rapidly. In addition, long-acting glucocorticoids such as dexamethasone and prednisone are beneficial for once-daily dosing schedules. This boost the market growth.

  • Increased Healthcare Infrastructure and Government Initiatives

The existence of an established health care infrastructure, government initiatives to implement addison’s disease treatment, and constantly improving reimbursement scenarios are expected to drive the market growth. Europe was the second largest addison’s disease treatment market due to improved health care practices and high demand for health care in the region.

The report outlines the involvement of key players, including:

Bristol-Myers Squibb Company (U.S.), Merck & Co., Inc (U.S.), Novartis AG (Switzerland), Pfizer Inc (U.S.), Takeda Pharmaceutical Company (Japan), Bio-Techne (U.S.), GlaxoSmithKline plc (U.S.), Lupin (India), Abbott (U.S.), Amgen Inc (U.S.), Bayer AG (Germany), Eli Lilly and Company (U.S.)

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Key Market Segmentation

By Drug Class (Glucocorticoid, Mineralocorticoid, Others), Route of Administration (Oral, Parenteral, Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy)

The Addison’s Disease Drugs market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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