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HEALTHCARE & PHARMACEUTICAL

Turner Syndrome Drug Market Segmentation By Syndrome Type (Classic Turner Syndrome and Mosaic Turner Syndrome); By Drug Type (Norditropin, Oxandrolone, Humatrope, Somatropin, Oxandrin, Genotropin, Nutropin and Zomacton); By Therapy Type (Growth Hormone Therapy, Estrogen and Progesterone Replacement Therapy) and By End User (Hospitals, Homecare, Specialty Clinics, Surgical Centers and Others) – Global Demand Analysis & Opportunity Outlook 2028

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Extensive insights into the Growth of Turner Syndrome Drug Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS

· June 2020: The researchers at the Massachusetts General Hospital announced that they have identified a key mechanism in X chromosome inactivation. The released statement further stated that the phenomenon might hold clues that can lead to treatments for certain rare congenital disorders.

Introduction to Turner Syndrome Drugs

Turner syndrome is a rare genetic disorder condition diagnosed in the female population and occurs when one of the X chromosomes is partially or completely missing. Females diagnosed with this condition are much shorter than the average female and are impotent to conceive due to early loss of ovarian function. A variety of symptoms like the webbed neck, a low hairline at the back of the neck, puffiness or swelling of the hands and feet, skeletal abnormalities, or kidney problems can occur in a large number of patients diagnosed with turner syndrome. The syndrome can be detected early including prenatally, infancy, or in early childhood, and require lifelong medical treatment for several complications that can arise due to syndrome. 

Market Size and Forecast

According to the National Library of Medicine in 2017, about 1 in every 2500 new-born girls, around the globe, were diagnosed with turner syndrome, making it one of the primary causes of female-fatal-miscarriages and stillbirths. According to report of National Institute of Health (NIH) U.S., the 45% of patients are affected with classic karyotype and the remaining 55% are affected with mosaic karyotype, a karyotype with abnormally in X chromosomes or may include Y chromosomes or its fragments. Besides, the female population increased from 3.6 billion in 2014 to 3.68 billion in 2016, according to the World Bank. Moreover, an increment of FDA approval for the treatment of the diseases along with the growing biotechnology sector and increasing awareness of women's health is expected to propel the growth of the market.

The turner syndrome drug market is anticipated to show a significant CAGR during the forecast period i.e. 2020-2028. The market is segmented by syndrome type, drug type, therapy type and by end-user. Among these segments, the end-user segment is further segmented to hospitals, homecare, specialty clinics, surgical centers and others, out of which, the segment of hospital is anticipated to hold the leading share in the market on account of availability of turner syndrome drugs used for the patient’s treatment only at the hospital. Global turner syndrome market is a highly disintegrated market and the major players have used various tactics such as joint ventures, partnerships, acquisitions, new product launches, expansion, agreement, and others to increase their mark in this market. CLICK TO DOWNLOAD SAMPLE REPORT

Growth Drivers

Rising Awareness And Concerns For The Health of Women

A rise in patient awareness, prenatal genetic testing, healthcare awareness, and increase in investment in research and developments, and parents awareness and proactiveness towards their child’s health and willingness to seek a physician’s advice at an early stage are some factors that are expected to drive the turner syndrome market over the forecast period.

Surge Inpatient Population To Boost The Turner Syndrome Drug Market

An increment in per capita income disposable income is uplifting people to spend more on healthcare facilities which play a vital role in the market. Varying demographics, as well as rapidly rising patients’ populations in appearing economies such as China, India, Brazil, and South Africa, are expected to thrust the growth of turner syndrome drug market over the forecast period.

Restraints

Increasing concern for the expenditure on health and the rising annual expense on health treatment of individuals worldwide, coupled with the lack of awareness for the drug in several low and middle income nations are some of the factors anticipated to limit the growth of the global turner syndrome drug market in the coming years.

Market Segmentation

By Type

  • Classic Turner Syndrome
  • Mosaic Turner Syndrome

By Drug Type

  • Norditropin
  • Oxandrolone
  • Humatrope
  • Somatropin
  • Oxandrin
  • Genotropin
  • Nutropin
  • Zomacton

By Therapy Type

  • Growth Hormone Therapy
  • Estrogen and Progesterone Replacement Therapy

By End-User

  • Hospitals
  • Homecare
  • Specialty Clinics
  • Surgical Centers
  • Others

By Region

On the basis of regional analysis, the turner syndrome drug market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

North America is anticipated to hold the leading shares in the turner syndrome drug market on account of the adoption of new technologies, existence developed economies, rising of healthcare expenditure and massive patient population. Europe holds the second-largest share in the market on account of rising research and development in the healthcare sector, mammoth patient population and growing biotechnology sector.

The turner syndrome drug market is further classified based on region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • The Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of the Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Top Featured Companies Dominating the Market

  • Pfizer Inc.
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  • Novartis AG
  • Bausch Health
  • Johnson & Johnson Services Inc.
  • Eli Lilly and Company
  • F. Hoffmann-La Roche Ltd.
  • Abbott Laboratories
  • Merck & Co.
  • Sanofi
  • GlaxoSmithKline

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