Somatropin Market, by Dosage Form (Powder, Solvent), by Application (Growth Hormone Deficiency (GHD), Turner Syndrome, Chronic Renal Insufficiency, Prader Willi Syndrome, Small for Gestational Age, SHOX Deficiency, Others), by Distribution Channel (Hospit

Somatropin Market, by Dosage Form (Powder, Solvent), by Application (Growth Hormone Deficiency (GHD), Turner Syndrome, Chronic Renal Insufficiency, Prader Willi Syndrome, Small for Gestational Age, SHOX Deficiency, Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Somatropin injection is used to replace growth hormone (a natural hormone produced by body) in adults and children with growth hormone deficiency. Somatropin injection is also used to increase growth in children with certain conditions that affect normal growth and development. Somatropin injection comes as a solution (liquid) in prefilled dosing pens and cartridges and also as a powder in vials and cartridges to be mixed with liquid to be injected subcutaneously (under the skin). When somatropin injection is given to replace growth hormone in adults, it is usually given once a day. Somatropin injection (Serostim) is used to increase body weight and physical endurance in patients with human immunodeficiency virus (HIV) who have HIV-associated wasting syndrome. Somatropin injection (Zorbtive) is used to treat short bowel syndrome in adults who are receiving additional nutrition or fluids from intravenous (IV) therapy. Somatropin is a human growth hormone (hGH) analog. It works by replacing growth hormones that are normally produced in the body, which may result in increased growth, body weight, and improved absorption of nutrients and fluids from the intestines.

Market Dynamics

Increasing product approval by regulatory authorities is expected to fuel growth of the global somatropin market over the forecast period. For instance, on January 13, 2022, Ascendis Pharma A/S, a company that manufactures pharmaceutical products announced that the European Commission (EC) granted marketing authorization for Lonapegsomatropin Ascendis Pharma (developed under the name TransCon hGH) as a once-weekly subcutaneous injection for the treatment of children and adolescents aged 3 to 18 years with growth failure due to insufficient secretion of endogenous growth hormone (also known as growth hormone deficiency, or GHD). TransCon hGH is a prodrug of somatropin that provides sustained release of unmodified somatropin (hGH) at predictable therapeutic levels in the body.

Key features of the study: This report provides an in-depth analysis of the global somatropin market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players It profiles key players in the global somatropin market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies Key companies covered as a part of this study include Novo Nordisk A/S, Pfizer, Inc., Eli Lilly and Company, AnkeBio Co. Ltd., Reliance Life Sciences, GeneScience Pharmaceuticals, Zhongshan Sinobioway Hygene Biomedicine Co., Ltd., JCR Pharmaceuticals Co., Ltd., Sandoz International GmbH, Ipsen Pharma, LG Chem, Merck KGaA, Genentech, Inc., Ferring B.V., and USV Limited Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics The global somatropin market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global somatropin marketDetailed Segmentation: Global Somatropin Market, By Dosage Form:PowderSolvent Global Somatropin Market, By Application :Growth Hormone Deficiency (GHD)Turner SyndromeChronic Renal InsufficiencyPrader Willi SyndromeSmall for Gestational AgeSHOX DeficiencyOthers Global Somatropin Market, By Distribution Channel:Hospital PharmaciesRetail PharmaciesOnline Pharmacies Global Somatropin Market, By Region:North AmericaBy CountryU.S.CanadaLatin AmericaBy CountryBrazilMexicoArgentinaRest of Latin AmericaEuropeBy CountryGermanyU.K.FranceItalySpainRussiaRest of EuropeAsia PacificBy CountryChinaIndiaJapanAustraliaSouth KoreaASEANRest of Asia PacificMiddle EastBy CountryGCCIsraelRest of Middle EastAfricaBy Region/CountrySouth AfricaCentral AfricaNorth Africa Company ProfilesNovo Nordisk A/S *Company Highlights

Products Portfolio

Key Highlights

Financial Performance

StrategiesPfizer, Inc.Eli Lilly and CompanyGeneScience PharmaceuticalsSandoz International GmbHIpsen PharmaLG ChemMerck KGaAGenentech, Inc.Ferring B.V.AnkeBio Co., LtdUSV Limited “*” marked represents similar segmentation in other categories in the respective section.