Thyroid Hormone Replacement Therapy Market, Global Outlook and Forecast 2023-2029

Report ID: MMG299874 | Category: Pharma & Healthcare | Pages: 61 | Format: PDF | Published Date: December 08,2023

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Report Summary

The global Thyroid Hormone Replacement Therapy market was valued at US$ 4662.2 million in 2022 and is projected to reach US$ 5501.3 million by 2029, at a CAGR of 2.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
One of the key drivers of the thyroid hormone replacement therapy market is the increasing prevalence of hypothyroidism worldwide. Hypothyroidism is a common endocrine disorder, and its prevalence is rising due to factors such as aging populations, lifestyle changes, and improved detection and diagnosis. This growing prevalence of hypothyroidism is creating a larger patient pool requiring thyroid hormone replacement therapy, thereby driving the demand for related medications and treatments. Additionally, advancements in healthcare infrastructure, increased awareness about thyroid disorders, and expanding access to healthcare services in developing regions are further contributing to the growth of the thyroid hormone replacement therapy market.
Thyroid hormone replacement therapy is the primary treatment for hypothyroidism, a condition characterized by an underactive thyroid gland. The goal of this therapy is to restore normal thyroid hormone levels in the body and alleviate symptoms. The most commonly prescribed medication for thyroid hormone replacement is levothyroxine sodium, a synthetic form of the hormone thyroxine (T4). 
This report aims to provide a comprehensive presentation of the global market for Thyroid Hormone Replacement Therapy, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thyroid Hormone Replacement Therapy. This report contains market size and forecasts of Thyroid Hormone Replacement Therapy in global, including the following market information:
Global Thyroid Hormone Replacement Therapy Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Thyroid Hormone Replacement Therapy companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thyroid Hormone Replacement Therapy Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Thyroid Hormone Replacement Therapy Market Segment Percentages, by Type, 2022 (%)
    Oral
    Injection
Global Thyroid Hormone Replacement Therapy Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Thyroid Hormone Replacement Therapy Market Segment Percentages, by Application, 2022 (%)
    Hypothyroidism
    Hyperthyroidism
Global Thyroid Hormone Replacement Therapy Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Thyroid Hormone Replacement Therapy Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thyroid Hormone Replacement Therapy revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Thyroid Hormone Replacement Therapy revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Abbvie
    Mylan Pharma
    Merck
    Pfizer
    Lannett Company
    Novartis
    Fresenius Kabi
    IBSA Institut Biochimique
    Piramal Critical Care
    Abbott
Outline of Major Chapters:
Chapter 1: Introduces the definition of Thyroid Hormone Replacement Therapy, market overview.
Chapter 2: Global Thyroid Hormone Replacement Therapy market size in revenue.
Chapter 3: Detailed analysis of Thyroid Hormone Replacement Therapy company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Thyroid Hormone Replacement Therapy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Thyroid Hormone Replacement Therapy Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Thyroid Hormone Replacement Therapy Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Thyroid Hormone Replacement Therapy Overall Market Size
    2.1 Global Thyroid Hormone Replacement Therapy Market Size: 2022 VS 2029
    2.2 Global Thyroid Hormone Replacement Therapy Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Thyroid Hormone Replacement Therapy Players in Global Market
    3.2 Top Global Thyroid Hormone Replacement Therapy Companies Ranked by Revenue
    3.3 Global Thyroid Hormone Replacement Therapy Revenue by Companies
    3.4 Top 3 and Top 5 Thyroid Hormone Replacement Therapy Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Thyroid Hormone Replacement Therapy Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Thyroid Hormone Replacement Therapy Players in Global Market
        3.6.1 List of Global Tier 1 Thyroid Hormone Replacement Therapy Companies
        3.6.2 List of Global Tier 2 and Tier 3 Thyroid Hormone Replacement Therapy Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Thyroid Hormone Replacement Therapy Market Size Markets, 2022 & 2029
        4.1.2 Oral
        4.1.3 Injection
    4.2 By Type - Global Thyroid Hormone Replacement Therapy Revenue & Forecasts
        4.2.1 By Type - Global Thyroid Hormone Replacement Therapy Revenue, 2018-2023
        4.2.2 By Type - Global Thyroid Hormone Replacement Therapy Revenue, 2024-2029
        4.2.3 By Type - Global Thyroid Hormone Replacement Therapy Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Thyroid Hormone Replacement Therapy Market Size, 2022 & 2029
        5.1.2 Hypothyroidism
        5.1.3 Hyperthyroidism
    5.2 By Application - Global Thyroid Hormone Replacement Therapy Revenue & Forecasts
        5.2.1 By Application - Global Thyroid Hormone Replacement Therapy Revenue, 2018-2023
        5.2.2 By Application - Global Thyroid Hormone Replacement Therapy Revenue, 2024-2029
        5.2.3 By Application - Global Thyroid Hormone Replacement Therapy Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Thyroid Hormone Replacement Therapy Market Size, 2022 & 2029
    6.2 By Region - Global Thyroid Hormone Replacement Therapy Revenue & Forecasts
        6.2.1 By Region - Global Thyroid Hormone Replacement Therapy Revenue, 2018-2023
        6.2.2 By Region - Global Thyroid Hormone Replacement Therapy Revenue, 2024-2029
        6.2.3 By Region - Global Thyroid Hormone Replacement Therapy Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Thyroid Hormone Replacement Therapy Revenue, 2018-2029
        6.3.2 US Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.3.3 Canada Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.3.4 Mexico Thyroid Hormone Replacement Therapy Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Thyroid Hormone Replacement Therapy Revenue, 2018-2029
        6.4.2 Germany Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.4.3 France Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.4.4 U.K. Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.4.5 Italy Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.4.6 Russia Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.4.7 Nordic Countries Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.4.8 Benelux Thyroid Hormone Replacement Therapy Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Thyroid Hormone Replacement Therapy Revenue, 2018-2029
        6.5.2 China Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.5.3 Japan Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.5.4 South Korea Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.5.5 Southeast Asia Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.5.6 India Thyroid Hormone Replacement Therapy Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Thyroid Hormone Replacement Therapy Revenue, 2018-2029
        6.6.2 Brazil Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.6.3 Argentina Thyroid Hormone Replacement Therapy Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Thyroid Hormone Replacement Therapy Revenue, 2018-2029
        6.7.2 Turkey Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.7.3 Israel Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.7.4 Saudi Arabia Thyroid Hormone Replacement Therapy Market Size, 2018-2029
        6.7.5 UAE Thyroid Hormone Replacement Therapy Market Size, 2018-2029
7 Thyroid Hormone Replacement Therapy Companies Profiles
    7.1 Abbvie
        7.1.1 Abbvie Company Summary
        7.1.2 Abbvie Business Overview
        7.1.3 Abbvie Thyroid Hormone Replacement Therapy Major Product Offerings
        7.1.4 Abbvie Thyroid Hormone Replacement Therapy Revenue in Global Market (2018-2023)
        7.1.5 Abbvie Key News & Latest Developments
    7.2 Mylan Pharma
        7.2.1 Mylan Pharma Company Summary
        7.2.2 Mylan Pharma Business Overview
        7.2.3 Mylan Pharma Thyroid Hormone Replacement Therapy Major Product Offerings
        7.2.4 Mylan Pharma Thyroid Hormone Replacement Therapy Revenue in Global Market (2018-2023)
        7.2.5 Mylan Pharma Key News & Latest Developments
    7.3 Merck
        7.3.1 Merck Company Summary
        7.3.2 Merck Business Overview
        7.3.3 Merck Thyroid Hormone Replacement Therapy Major Product Offerings
        7.3.4 Merck Thyroid Hormone Replacement Therapy Revenue in Global Market (2018-2023)
        7.3.5 Merck Key News & Latest Developments
    7.4 Pfizer
        7.4.1 Pfizer Company Summary
        7.4.2 Pfizer Business Overview
        7.4.3 Pfizer Thyroid Hormone Replacement Therapy Major Product Offerings
        7.4.4 Pfizer Thyroid Hormone Replacement Therapy Revenue in Global Market (2018-2023)
        7.4.5 Pfizer Key News & Latest Developments
    7.5 Lannett Company
        7.5.1 Lannett Company Company Summary
        7.5.2 Lannett Company Business Overview
        7.5.3 Lannett Company Thyroid Hormone Replacement Therapy Major Product Offerings
        7.5.4 Lannett Company Thyroid Hormone Replacement Therapy Revenue in Global Market (2018-2023)
        7.5.5 Lannett Company Key News & Latest Developments
    7.6 Novartis
        7.6.1 Novartis Company Summary
        7.6.2 Novartis Business Overview
        7.6.3 Novartis Thyroid Hormone Replacement Therapy Major Product Offerings
        7.6.4 Novartis Thyroid Hormone Replacement Therapy Revenue in Global Market (2018-2023)
        7.6.5 Novartis Key News & Latest Developments
    7.7 Fresenius Kabi
        7.7.1 Fresenius Kabi Company Summary
        7.7.2 Fresenius Kabi Business Overview
        7.7.3 Fresenius Kabi Thyroid Hormone Replacement Therapy Major Product Offerings
        7.7.4 Fresenius Kabi Thyroid Hormone Replacement Therapy Revenue in Global Market (2018-2023)
        7.7.5 Fresenius Kabi Key News & Latest Developments
    7.8 IBSA Institut Biochimique
        7.8.1 IBSA Institut Biochimique Company Summary
        7.8.2 IBSA Institut Biochimique Business Overview
        7.8.3 IBSA Institut Biochimique Thyroid Hormone Replacement Therapy Major Product Offerings
        7.8.4 IBSA Institut Biochimique Thyroid Hormone Replacement Therapy Revenue in Global Market (2018-2023)
        7.8.5 IBSA Institut Biochimique Key News & Latest Developments
    7.9 Piramal Critical Care
        7.9.1 Piramal Critical Care Company Summary
        7.9.2 Piramal Critical Care Business Overview
        7.9.3 Piramal Critical Care Thyroid Hormone Replacement Therapy Major Product Offerings
        7.9.4 Piramal Critical Care Thyroid Hormone Replacement Therapy Revenue in Global Market (2018-2023)
        7.9.5 Piramal Critical Care Key News & Latest Developments
    7.10 Abbott
        7.10.1 Abbott Company Summary
        7.10.2 Abbott Business Overview
        7.10.3 Abbott Thyroid Hormone Replacement Therapy Major Product Offerings
        7.10.4 Abbott Thyroid Hormone Replacement Therapy Revenue in Global Market (2018-2023)
        7.10.5 Abbott Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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