The global pituitary stalk interruption syndrome treatment market is expected to garner a market value of USD 112.82 Million in 2023 and is expected to accumulate a market value of USD 159.14 Million by registering a CAGR of 3.5% in the forecast period 2023 to 2033.
The growth of the pituitary stalk interruption syndrome treatment market can be attributed to the increasing population of the globe along with the development of medication and treatment. The market for Pituitary Stalk Interruption Syndrome Treatment registered a CAGR of 2.3% in the historical period 2017 to 2022.
Pituitary stalk interruption syndrome is characterized by a triad of the thin or interrupted pituitary stalk, aplasia or hypoplasia of the anterior pituitary, and absent or ectopic posterior pituitary (EPP) seen on magnetic resonance imaging (MRI). It is a congenital anomaly of the pituitary whose exact prevalence is unknown.
Report Attribute | Details |
---|---|
Expected Market Value (2023) | USD 112.82 Million |
Anticipated Forecast Value (2033) | USD 159.14 Million |
Projected Growth Rate (2023 to 2033) | 3.5% CAGR |
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According to market research and competitive intelligence provider Future Market Insights- the market for Pituitary Stalk Interruption Syndrome Treatment reflected a value CAGR of 2.3% during the historical period, 2018 to 2022.
The cases of Pituitary Stalk Interruption Syndrome Treatment are fewer along with the nature of the ailment being rare. The growing population of Asia Pacific is expected to contribute to the Pituitary Stalk Interruption Syndrome Treatment in the upcoming years. With technological advancement being at the forefront of the development of medication, innovation of medication and treatment is expected to positively influence the market for pituitary stalk interruption syndrome treatment market. Thus, the market for pituitary stalk interruption syndrome treatment is expected to register a CAGR of 3.5% in the forecast period 2023 to 2033.
Breech Delivery Major Reason for Pituitary Stalk Interruption Syndrome Treatment
The National Library of Medicine states that 0.5/100 live births suffer from Pituitary Stalk Interruption Syndrome Treatment. PSIS is a rare clinical entity with an incidence of 0.5/100,000. Lately, more cases of PSIS are being recognized, after the use of MRI as a primary radiological modality in patients with panhypopituitarism. The mean age at the time of diagnosis is 9.4 ± 11.6 years. Interestingly, male predominance has also been reported with a male-to-female ratio of 2.3-6.9:1.0, suggesting X-linked inheritance.
The incidence of breech delivery, cesarean section, and neonatal distress are high in the PSIS population. Breech delivery leads to deformation of the head which can result in injury to the pituitary stalk. Similarly, hypoxemia due to anoxia after birth may also cause injury to the pituitary stalk and pituitary. Genetic mutations are thought to contribute to less than 5% of PSIS cases. Mutations detected were in HESX1, LHX4, SOX3, PROKR2, and OTX2 genes.
Growth Retardation increasing efforts for Research and Development for Medication
PSIS, the clinical manifestations of this disease are diverse. The severity of the hormone deficiency determines the age of diagnosis. When PSIS occurs at birth, hypoglycemia, and failure to thrive are the most common symptoms. In childhood, growth retardation is typically the main complaint, while delayed puberty is usually the main concern when it manifests in adolescence and early adulthood.
The varied nature of pituitary stalk interruption syndrome is experienced in individuals ranging from the age group of infants to teenage. Thus, research and development efforts to invent and manufacture medications for the same have increased over time.
Improper diagnosis and reason hampering Pituitary Stalk Interruption Syndrome Treatment market growth
Due to the limited number of reported cases of pituitary stalk interruption syndrome, the exact reason for the ailment hasn’t been diagnosed yet. In addition, the different symptoms experienced by different people is creating obstacles to thoroughly understanding and studying the nature of the ailment. This, in turn, is hampering the growth of the overall market.
Furthermore, certain individuals experience the effects of pituitary stalk interruption syndrome in their teenage whereas some experience the symptoms in early childhood. Thus, the nature of treatment is varied and in most cases is not applicable. All these reasons are derailing the progress of the overall pituitary stalk interruption syndrome treatment market.
Research and development activities finding novel solutions for the treatment of Pituitary Stalk Interruption Syndrome Treatment
The major factor driving the growth of the pituitary stalk interruption syndrome treatment market rises in the population of the region especially in USA and Canada along with wide research and development by market players to innovate and launch different types of treatment for Pituitary Stalk Interruption Syndrome Treatment market to grow in future.
As the companies are constantly engaged in research and developmental activities, the knowledge about Pituitary Stalk Interruption Syndrome Treatment would help in developing medication for treating the ailment. Key players present in the region are focusing on collaborations and partnerships with market players in the USA, Europe, and Asia Pacific region. This signifies that the increase in research and development investment for the discovery and development of treatments for Pituitary Stalk Interruption Syndrome Treatment boosts the market growth. Thus, North America is expected to possess a 40% market share for the Pituitary Stalk Interruption Syndrome Treatment market in 2023.
Research and development activities creating lucrative opportunities for Pituitary Stalk Interruption Syndrome Treatment
Asia Pacific is the largest contributor to the growing population of the world. With China and India contributing more than one billion populations to the globe, the prevalence of Pituitary Stalk Interruption Syndrome Treatment is expected to increase in the upcoming years in the region. Moreover, research and development activities in the region are boosting the growth of the market.
The increasing birth rate along with the presence of a younger population in the country is supporting the growth of the market. Furthermore, improving healthcare infrastructure in the region is changing the landscape for the pituitary stalk interruption syndrome treatment market. Thus, Asia Pacific is expected to possess a 35% market share.
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Favorable reimbursement policies make hospitals a viable option for Treatment
On the basis of distribution channel, the Pituitary Stalk Interruption Syndrome Treatment market is segmented into Laboratories Hospitals & Clinics. The presence of healthcare experts and neurologists is playing a key role in the wide usage of hospitals for the treatment of pituitary stalk interruption syndrome. Thus, the hospital segment is expected to hold the largest market share for Pituitary Stalk Interruption Syndrome Treatment. This is owing to the availability of various treatments and diagnostics in hospitals.
In addition, initiatives by government authorities to support the treatment of pituitary stalk interruption syndrome, especially in hospitals are favoring the growth of the same. Moreover, reimbursement schemes and their benefits are making hospitals a go-to option for the treatment of Pituitary Stalk Interruption Syndrome Treatment. Thus, hospitals and clinics are expected to hold a 45% market share in 2023.
Key players in the Pituitary Stalk Interruption Syndrome Treatment market are JenaValve Technology Inc, TTK Healthcare Ltd, Lepu Medical Technology Co. Ltd, Abbott, Medtronic, Sorin Group, Micro Interventional Devices Inc, Boston Scientific Corporation, CryoLife Inc., Edward Lifesciences Corporation and Pfizer Inc
Report Attribute | Details |
---|---|
Market Value in 2023 | USD 112.82 Million |
Market Value in 2033 | USD 159.14 Million |
Growth Rate | CAGR of 3.5% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
Symptoms, End Users, Treatment, Region |
Regions Covered |
North America; Latin America; South Asia; East Asia; Oceania; Middle East & Africa |
Key Countries Profiled |
USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, India, Malaysia, Singapore, Thailand, China, Japan, South Korea, Australia, New Zealand, GCC, South Africa, Israel |
Key Companies Profiled |
JenaValve Technology Inc.; TTK Healthcare Ltd; Lepu Medical Technology Co. Ltd; Abbott Laboratories; Medtronic Plc.; Sorin Group; Micro Interventional Devices Inc.; Boston Scientific Corporation; CryoLife Inc.; Edward Lifesciences Corporation; Pfizer Inc. |
Customization | Available Upon Request |
From 2018 to 2022, the pituitary stalk interruption syndrome treatment market grew at a CAGR of 2.3%
The global pituitary stalk interruption syndrome treatment market is expected to grow with a 3.5% CAGR from 2023 to 2033.
As of 2033, the pituitary stalk interruption syndrome treatment market is expected to reach USD 159.14 Million
The hospitals and clinics segment is expected to hold 45% of the market share in 2023 for the Pituitary Stalk Interruption Syndrome Treatment market.
North America is expected to possess a 40% market share for the pituitary stalk interruption syndrome treatment market in 2023
Future Market Insights projects the Asia Pacific to account for 35% of all pituitary stalk interruption syndrome treatments in 2023
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Symptoms 5.1. Hypoglycaemia 5.2. Jaundice 5.3. Micropenis 5.4. Cryptorchidism 5.5. Others 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Treatment 6.1. Hormone replacement 6.2. MRI scan 6.3. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Users 7.1. Specialty Clinics 7.2. Hospitals & Surgical Centers 7.3. Research Institutes 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. South Asia 8.5. East Asia 8.6. Oceania 8.7. Middle East and Africa (MEA) 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. JenaValve Technology Inc. 18.2. TTK Healthcare Ltd 18.3. Lepu Medical Technology Co. Ltd. 18.4. Abbott Medtronic 18.5. Sorin Group 18.6. Micro Interventional Devices Inc. 18.7. Boston Scientific Corporation 18.8. CryoLife Inc. 18.9. Edward Lifesciences Corporation 18.10. Pfizer Inc. 19. Assumptions & Acronyms Used 20. Research Methodology
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