The Global Addison's Disease Market is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 168 million in 2017 and is projected to grow at a CAGR of 10.4% over the forecast period. Addison's disease is a disorder which occurs when the body produces scarce amounts of specific hormones produced by the adrenal glands. When a person has Addison's disease, the adrenal glands produce too little cortisol and often inadequate levels of aldosterone as well. It is also known as adrenal insufficiency. Addison's disease can affect all age groups and can occur in both males & females. The disease can be life-threatening.
The factors such as the growing prevalence of Addison’s disease, increasing awareness of the disease, and rising healthcare expenditure is expected to propel the growth of the market. However, lack of awareness and inability to diagnose the disease in early stages can hamper the market growth over the forecast period.
Segmentation
The Global Addison’s Disease Market has been segmented into diagnosis, treatment and end user.
The market, on the basis of diagnosis, has been segmented into laboratory tests and imaging tests. Laboratory tests have been further segmented into blood tests, ACTH stimulation tests, insulin-induced hypoglycemia test, and other tests. Blood tests are expected to hold the largest market share owing to their high effectiveness to diagnose the disease and preference among the physicians. ACTH stimulation test is expected to be the fastest growing market due to the low cost of the diagnosis method. Imaging tests have been segmented into chest radiography and CT scan.
The market, by treatment, has been segmented into oral corticosteroids and corticosteroids injections.
The market, by end user, has been segmented into hospitals & clinics, diagnostic laboratories, and other end users.
Key Players
Pfizer Inc., Boehringer Ingelheim International GmbH, Shire, Tocris Bioscience, GlaxoSmithKline plc, Merck KGaA, Lupin Pharmaceuticals, Inc., Abbott, Amgen Limited & Amgen Ireland Limited, Bayer AG, Biogen, Eli Lilly and Company, Novartis AG, Diurnal, Switzer Life science Pvt. Ltd. are some of the key players in the global Addison's disease market.
Global Addison’s Disease Market, by Diagnosis
Global Addison’s Disease Market, by Treatment
Global Addison’s Disease Market, by End User