The 7 major acromegaly markets are expected to exhibit a CAGR of 8.1% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2034
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Historical Years
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2018-2023
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Market Growth Rate 2024-2034 | 8.1% |
The acromegaly market has been comprehensively analyzed in IMARC's new report titled "Acromegaly Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Acromegaly refers to a rare, chronic disorder caused by the excessive production of growth hormone (GH), usually by a benign tumor of the pituitary gland known as an adenoma. This condition typically presents in middle-aged adults, leading to the abnormal growth of bones and tissues, notably in the hands, feet, and face. The symptoms of acromegaly often develop gradually and can include enlarged hands and feet, facial changes, such as a protruding jaw or enlarged nose, thickened skin, joint pain, and increased spacing between teeth. Individuals suffering from the ailment may also experience complications like cardiovascular issues, diabetes, and sleep apnea due to the hormonal imbalances caused by excess GH. The diagnosis typically involves blood tests to measure GH and insulin-like growth factor-1 (IGF-1) levels, which are elevated in acromegaly. The healthcare provider may also recommend several imaging studies, such as MRI or CT scans, to locate and assess the pituitary tumor in patients.
The increasing prevalence of changes in certain genes within the pituitary cells that can lead to the development of adenomas is primarily driving the acromegaly market. In addition to this, the inflating utilization of efficacious medications like somatostatin analogs, growth hormone receptor antagonists, and dopamine agonists to regulate hormone levels and manage symptoms effectively is also creating a positive outlook for the market. Moreover, the widespread adoption of surgical interventions, such as transsphenoidal surgery and radiation therapy, which aim to remove or shrink the pituitary tumor responsible for the excess GH production in individuals suffering from the illness, is further bolstering the market growth. Apart from this, the rising usage of physical and occupational therapies, since they assist in improving mobility, enhancing muscle strength, and addressing the challenges associated with the condition, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of personalized medicine, that prioritizes patient genetic makeup to optimize therapeutic interventions and minimize adverse effects, is also augmenting the market growth. Furthermore, the escalating application of novel treatment modalities, such as targeted therapies that focus on specific molecular and cellular pathways, is expected to drive the acromegaly market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the acromegaly market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for acromegaly and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc., have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the acromegaly market in any manner.
Sandostatin LAR is a long-acting octreotide formulation used to treat individuals with acromegaly. Sandostatin LAR is approved at doses of 10, 20, and 30 mg (and up to 40 mg for patients with acromegaly in certain countries such as the US and Japan), allowing for once-monthly administration, maintaining the efficacy of Sandostatin immediate-release while significantly reducing the number of injections administered.
Paltusotine is the first oral, once-daily selectively-targeted somatostatin receptor type 2 (SST2) agonist for acromegaly. It was designed by the Crinetics discovery team to provide an effective and easy once-daily solution for those suffering from acromegaly. In a recently completed PATHFNDR-1 Phase 3 study, paltusotine maintained IGF-1 levels in acromegaly patients who converted from monthly injectable medicines to paltusotine.
CAM2029 (octreotide SC depot) is a ready-to-use octreotide subcutaneous depot currently under development for the treatment of acromegaly. The medicine is intended to be administered once a month using an injectable pen, making it simple for patients to administer themselves. The efficacy and safety of octreotide SC depot in acromegaly are now being evaluated in the ACROINNOVA program.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current acromegaly marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Sandostatin Lar Depot (Octreotide Acetate) | Novartis |
Parlodel (Bromocriptine Mesylate) | Novartis |
Somavert (Pegvisomant) | Pfizer |
Signifor® Lar (Pasireotide) | Novartis |
Mycapssa (Octreotide) | Chiasma |
Paltusotine | Crinetics Pharmaceuticals |
CAM2029 | Camurus |
Debio 4126 | Debiopharm International |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Acromegaly: Current Treatment Scenario, Marketed Drugs and Emerging Therapies