The global market for Addison’s disease is projected to have a considerable CAGR during the forecast period. Addison’s disease, which is also known as adrenal insufficiency, is a disorder that occurs due to a lack of enough production of certain hormones (chemicals that control the function of tissues or organs.). In Addison’s disease, the adrenal glands, located just above the kidneys, produce too little cortisol and, often, too little aldosterone. The disease affects all age groups and both male and female however is most common in the 30–50-year-old age range. The cause of the occurrence of Addison’s disease includes Injury to the adrenal glands, Bleeding into the adrenal glands, infection such as tuberculosis and HIV/AIDS, and other Genetic defects. Apart from this, extreme fatigue, weight loss and decreased appetite, darkening of your skin (hyperpigmentation), nausea, diarrhoea or vomiting (gastrointestinal symptoms), irritability, and depression or other behavioral symptoms are some of the major problems associated with Addison’s disease.
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The global Addison’s disease market is segmented based on diagnosis, treatment, and end-user. On the basis of diagnosis, the market is segmented into laboratory testing and imaging tests. The laboratory testing by treatment segment is anticipated to grow significantly during the forecast period. Laboratory testing comprises many tests including blood test, ACTH stimulation test, insulin-induced hypoglycemia test, and other tests which are important for the treatment of these diseases. Among these tests, the ACTH stimulation test is expected to be the fastest-growing market due to the low cost of the diagnosis method. The test measures how well the adrenal glands respond to adrenocorticotropic hormone (ACTH). Thus, the rising prevalence of Addison’s diseases will demand these laboratory test which in turn, further drive the market growth. By application, the global Addison’s disease market is categorized into oral corticosteroid and corticosteroid injections. Similarly, based on end-user, it is divided into hospitals & clinics, and diagnostic laboratories.
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Geographically, the global Addison’s Disease market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, ASEAN and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). Europe is expected to hold the second-largest position in Addison’s disease market. The factors attributed to the growth of this region include rising healthcare expenditure and the presence of key market players. Asia -Pacific is expected to be the fastest-growing region during the forecast period owing to the rising awareness about the disease among the population and increasing R&D activities by major market players for the development and production of new treatments and drugs.
Global Addison’s Disease Market – Segmentation
By Diagnosis
Laboratory Testing
Imaging Teste
By Treatment
Oral Corticosteroids
Corticosteroids Injections
By End User
Hospitals and Clinics
Diagnostic Laboratories
Global Addison’s Disease Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Boehringer Ingelheim International GmbH.
Diurnal Group plc
GlaxoSmithKline plc
Laboratory Corporation of America
Lupin Pharmaceuticals, Inc.,
Merck KGaA
Novartis AG
Pfizer Inc.
Tocris Bioscience
Trinity Biotech PLC
ViroPharma
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