Germany Graves’ disease market is growing at a CAGR of around 4.3% during the forecast period. Germany is one of the major players in the European region. The growing patient population in the region is one of the major driving forces of such a huge spending in Germany. Moreover, the growing demand for the quality healthcare services in the region is another factor boosting the market. Increasing prevalence of type-1 diabetes is one of the key factors likely to increase the prevalence of Grave’s disease in the country. This is expected to create opportunities for increased demand of advanced treatment options and in turn influences the Germany Graves’ disease market.
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Germany is among the top ten countries across the globe in which the prevalence of type-1 diabetes is on a high. According to the International Diabetes Federation, the number of children and adolescents with type-1 diabetes were 28,600. As the prevalence of such disease increases, it is expected to increase the risk associated with prevalence of Grave’s disease, thereby creating opportunity for the growth of the Germany Graves’ disease market in the near future.
Further, the healthcare expenditure in Germany has also been increasing significantly in the past years, which is expected to be followed in the future. This is expected to be one of the key reasons which increase the inflow of R&D funds in autoimmune diseases such as Grave’s disease in the future. This is expected to create opportunities for the development of the Germany Graves’ disease market over the forecast period.
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Germany Graves’ disease Market Segmentation
By Diagnosis
- Ultrasound
- Imaging Tests
- Radioactive Iodine Uptake
- Blood Sample
By Treatment
- Anti- Thyroid Medication
- Radioactive Iodine Therapy
- Surgery
Company Profiles
- Abbott Laboratories Inc.
- Allergan PLC
- Eli Lilly and Co.
- GlaxoSmithKline PLC
- Johnson & Johnson
- Merck & Co. Inc.
- Mylan NV
- Novartis International AG
- Pfizer Inc.
- Sanofi SA
- Takeda Pharmaceutical Co. Ltd.
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