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Endocrinology and Metabolism Market is predicted to reach Significant Value at a CAGR of 12.50% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Endocrinology and Metabolism Market”.


The Endocrinology and Metabolism market is estimated to register a CAGR of 12.50% during the forecast period of 2024 to 2032.


MRFR recognizes the following companies as the key players in the global endocrinology and metabolism market— Abbott Laboratories, Acerus Pharmaceuticals Corp., Ascendis Pharma AS, Bayer AG, Beta Cell NV, Biocon Ltd., Eli Lilly and Co., Endo International Plc, F. Hoffmann La Roche Ltd., GlaxoSmithKline Plc, Hanmi Pharm Co. Ltd., and Ipsen Pharma.


Market Highlights


The global endocrinology and metabolism market is accounted to register a CAGR of 12.50% during the forecast period and is estimated to reach Significant Value by 2032.


The growing global prevalence of chronic diseases like diabetes, thyroid problems, and obesity is one of the main factors driving the endocrinology and metabolism market. As lives become increasingly sedentary and dietary habits change, the prevalence of these illnesses increases, resulting in a greater patient population in need of medical intervention. Furthermore, advances in healthcare technologies, such as precision medicine, genetic testing, and digital health solutions, are transforming diagnostic, treatment and management methods. These technological advancements not only improve patient outcomes but also propel market growth by allowing for more targeted and effective healthcare interventions.


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Segment Analysis


The global endocrinology and metabolism market has been segmented into therapy area and distribution channel.


On the basis of the therapy area, the market is segmented into diabetes drugs, HGH, thyroid hormone disorders, and others. The diabetes drugs segment was attributed to holding the largest market share in 2023. This market is growing as a result of the increasing incidence of diabetes worldwide, especially type 2 diabetes, which is closely associated with unhealthy eating habits and inactive lifestyle choices.


Based on distribution channels, the global endocrinology and metabolism market has been segmented into hospital pharmacies, retail pharmacies, and online pharmacies. The retail pharmacies segment was expected to hold the largest market share in 2023. Retail pharmacies are growing because they are often found in nearby areas and provide longer hours of operation. In addition, the prevalence of chronic illnesses necessitates more frequent trips to pharmacies for consultations and medication refills, which raises demand for retail pharmacy services.


Regional Analysis


The global endocrinology and metabolism market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe endocrinology and metabolism market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The endocrinology and metabolism market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's endocrinology and metabolism market comprises the Middle East, Africa, and Latin America.


North America appears as the largest region, owing to well-established healthcare infrastructure, high healthcare spending, and a huge patient population suffering from chronic diseases such as diabetes and thyroid disorders.


Europe is the second-largest continent due to an aging population, rising frequency of endocrine problems, and strong healthcare systems in many European countries.


Asia-Pacific emerges as the fastest-growing region, owing to rapid urbanization, changing lifestyles, and increased adoption of Western food habits, which have increased metabolic illnesses such as diabetes and obesity.


Furthermore, the rest of the world's endocrinology and metabolism market is divided into the Middle East, Africa, and Latin America. Improving healthcare infrastructure, increasing disposable incomes, and raising knowledge about endocrine health among populations in emerging countries are all significant factors in the region's growth.


Key Findings of the Study



  • The global endocrinology and metabolism market is expected to reach Significant Value by 2032 at a CAGR of 12.50% during the forecast period.

  • The Asia Pacific region accounted for the fastest-growing global market, spurred by fast urbanization, changing lifestyles, and increased adoption of Western food patterns, which has seen an increase in metabolic illnesses such as diabetes and obesity.

  • Based on therapy area, the diabetes drugs sector has the greatest market share, accounting for approximately 40% of the market.

  • Abbott Laboratories, Acerus Pharmaceuticals Corp., Ascendis Pharma AS, Bayer AG, Beta Cell NV, Biocon Ltd., Eli Lilly and Co., Endo International Plc, F. Hoffmann La Roche Ltd., GlaxoSmithKline Plc, Hanmi Pharm Co. Ltd., and Ipsen Pharma are the key market players.

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Companies Covered 15
Pages 128
Certified Global Research Member
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