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Acromegaly Treatment Market Size, Share, Growth & Industry Analysis, By Drug Class [Somatostatin Analogues (SSAs), Growth Hormone Receptor Antagonists (GHRAs), Dopamine Agonists, Others], By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Others), and Regional Analysis, 2024-2031
Pages: 120 | Base Year: 2023 | Release: April 2025 | Author: Sharmishtha M.
The market encompasses the development and production of therapies and treatments for managing and treating acromegaly. Acromegaly is a rare hormonal disorder caused by the overproduction of growth hormone (GH) by the pituitary gland, typically due to a benign tumor.
This excessive growth hormone leads to abnormal growth of bones and tissues, particularly in the hands, feet, and face. The report examines critical market drivers, industry trends, and regional analysis, along with the regulatory frameworks influencing market growth over the forecast period.
Global acromegaly treatment market size was valued at USD 1570.0 million in 2023, which is estimated to be valued at USD 1670.0 million in 2024 and reach USD 2689.0 million by 2031, growing at a CAGR of 7.04% from 2024 to 2031. Growing awareness and improved symtom recognition of acromegaly are leading to a rise in diagnosed cases, driving demand for effective treatments and therapies.
Major companies operating in the acromegaly treatment industry are Novartis Pharmaceuticals Corporation, Sun Pharmaceutical Industries Ltd., Chiesi Group, Peptron, Wockhardt, Pfizer Inc., ADVANZ PHARMA, Amryt Pharma plc, Cipla, Ipsen Pharma, Viatris Inc., Zydus Pharmaceuticals, Inc., Teva Pharmaceutical Industries Ltd., Recordati Rare Diseases, Xeris Pharmaceuticals, Inc., and others.
The market is evolving, fueled by rising awareness and improved diagnosis, particularly in regions with limited medical knowledge. The expanding patient pool is creating new opportunities for treatment providers, increasing demand for effective therapies and innovative therapies.
The market is set to winess substantial growth, propelled by improved healthcare access and greater recognition of acromegaly are expected to boost market expansion.
Market Driver
"Rising Awareness"
Acromegaly, though rare, is being diagnosed more frequently due to increased awareness and improved diagnostic methods. As per the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), the condition affects 3 to 14 out of every 100,000 individuals.
Greater awareness among healthcare professionals and the public is enabling earlier detection, leading to increased demand for specialized therapies. Improvements in diagnostic methods, such as advanced imaging and blood tests, is further contributing to this growth, offering a more accurate and timely diagnosis.
Market Challenge
"Complexity in Managing Long-Term Treatment"
A major challenge hampering the expansion of the acromegaly treatment market is the complexity of long-term therapy management, which require continuous monitoring and regular treatment adjustments. This places a burden on patients and healthcare providers.
However, innovations such as a once-daily oral treatments offer a promising solution by eliminating frequent injections, improving patient compliance, and reducing logistical challenges in chronic care.
Market Trend
"Shift Toward Innovative and Less Invasive Therapies"
The acromegaly treatment market is witnessing a notable shift toward more innovative and less invasive therapies. This trend reflects the growing demand for treatments that reduce the complexity of managing the condition.
Patients increasingly seek options that offer convenience, such as oral medications, to avoid the challenges of regular injections and hospital visits. This focus on less invasive therapies aims to improve patient adherence, reduce treatment burdens, and enhance the long-term management of acromegaly, driving a more patient-centric approach in the market.
Segmentation |
Details |
By Drug Class |
Somatostatin Analogues, Growth Hormone Receptor Antagonists (GHRAs), Dopamine Agonists, Others |
By Distribution Channel |
Hospital Pharmacies, Retail Pharmacies, Others |
By Region |
North America: U.S., Canada, Mexico |
Europe: France, UK, Spain, Germany, Italy, Russia, Rest of Europe | |
Asia-Pacific: China, Japan, India, Australia, ASEAN, South Korea, Rest of Asia-Pacific | |
Middle East & Africa: Turkey, UAE, Saudi Arabia, South Africa, Rest of Middle East & Africa | |
South America: Brazil, Argentina, Rest of South America |
Market Segmentation
Based on region, the market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
North America acromegaly treatment market share stood at around 33.24% in 2023, valued at USD 521.9 million. This dominance is reinforved by advanced healthcare infrastructure, increased awareness, and strong adoption of innovative therapies.
The presence of leading healthcare providers, along with significant investments in research and development, further supports regional market growth. Additionally, a well-established reimbursement system and access to specialized care lead to higher diagnosis rates and treatment uptake, positioning North America as a key region for the acromegaly treatment landscape.
Asia Pacific acromegaly treatment industry is set to grow at a robust CAGR of 7.89% over the forecast period. This growth is fueled by robust healthcare infrastructure, increasing awareness of rare diseases, and a rising number of diagnosed cases.
Rapid medical advancements, improved access to treatments, and favorable healthcare policies. Additionally, rising disposable incomes and greater healthcare investments are fostering regional market growth, making Asia Pacific a key region for acromegaly treatment advancements.
In the acromegaly treatment industry, companies are focusing on innovative therapies that offer more convenient administration and improved efficacy. Key developments include oral medications, longer-acting injectable formulations, and targeted therapies. These advancements aim to enhance patient compliance, reduce side effects, and improve disease management.
Recent Developments (Clinical Trial/Launch)