openPR Logo
Press release

Octreotide Market to 2030: Ongoing research and development efforts aimed at improving the efficacy of octreotide and developing new formulations are expected to drive market growth.

02-07-2023 07:33 AM CET | Health & Medicine

Press release from: Allied Market Research

Octreotide is a medication used in the treatment of various medical conditions such as acromegaly, carcinoid syndrome, and diarrhea. It is a synthetic analogue of the naturally occurring hormone somatostatin and acts by suppressing the release of certain hormones and neurotransmitters in the body. The octreotide market is a growing market, with increasing demand for the drug in the treatment of various medical conditions. Major pharmaceutical companies are involved in the production and sale of octreotide, and there is ongoing research to develop new formulations and uses for the drug.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.alliedmarketresearch.com/request-toc-and-sample/14752

Octreotide is a versatile drug that has multiple indications, including the treatment of acromegaly, diarrhea, and flushing associated with tumors. It is also used to alleviate the side effects of cancer chemotherapy. The growing incidence of these conditions, combined with an aging population, is expected to drive the demand for octreotide and contribute to the growth of the market. Additionally, ongoing research and development efforts aimed at improving the drug's efficacy and expanding its indications are also expected to drive market growth.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ :
Novartis pharmaceuticals corp., App pharmaceuticals llc, Bedford laboratories div ben venue laboratories Inc, Sun pharmaceutical industries ltd., Sinopharm A-THINK Pharmaceutical Co., Ltd, Teva parenteral medicines Inc, Neiss Labs Pvt. Ltd., Samarth Pharma Pvt. Ltd, J.B. Chemicals and Pharmaceuticals Ltd.

๐“๐จ๐ฉ ๐ข๐ฆ๐ฉ๐š๐œ๐ญ๐ข๐ง๐  ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ: ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐ž๐ง๐š๐ซ๐ข๐จ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐“๐ซ๐ž๐ง๐๐ฌ, ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The World Health Organization (WHO) reports that diarrhea is a leading cause of death among children and is estimated to cause over 2200 deaths annually. This highlights the importance of addressing the issue and making sure that adequate treatment is available for those who suffer from diarrhea.

In addition, you mentioned that the use of octreotide in radiolabelling is expected to increase the demand for the drug sustainably. Radiolabelling refers to the process of attaching a radioactive substance to a drug, allowing it to be traced through the body and helping to diagnose or treat certain conditions. The use of octreotide in radiolabelling is a growing area of research, and its increasing use is expected to drive demand for the drug in the future.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.alliedmarketresearch.com/purchase-enquiry/14752

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

1. Versatile treatment options: Octreotide is used in the treatment of several medical conditions, including acromegaly, carcinoid syndrome, and diarrhea, which increases its potential to reach a larger patient population.

2. Effective relief of symptoms: Octreotide has been shown to effectively relieve symptoms associated with the conditions it is used to treat, which can improve patients' quality of life.

3. Growing demand for new treatments: The growing incidence of acromegaly, carcinoid syndrome, and diarrhea, as well as the increasing incidence of cancer, is expected to drive demand for new treatments, including octreotide.

4. Innovations in drug formulation: Ongoing research and development efforts aimed at improving the efficacy of octreotide and developing new formulations are expected to drive market growth.

5. Potential use in radiolabelling: Octreotide's potential use in radiolabelling is a growing area of research and is expected to increase demand for the drug in the future.

6. Strong patent protection: Octreotide has strong patent protection, which helps to ensure that the drug remains protected and profitable for its producers.

7. Support from government and non-profit organizations: Government and non-profit organizations provide support and funding for research into the use of octreotide in the treatment of various medical conditions, further supporting market growth.

๐€ ๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ (๐“๐Ž๐‚) ๐Ÿ๐จ๐ซ ๐š ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐ง ๐จ๐œ๐ญ๐ซ๐ž๐จ๐ญ๐ข๐๐ž ๐ฆ๐š๐ฒ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐œ๐ญ๐ข๐จ๐ง๐ฌ:

Introduction

Overview of Octreotide

Key Benefits of Octreotide

Market Segmentation

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Market Trends

Global Octreotide Market Analysis

Market Overview

Market Size and Forecast

Market Share Analysis

Market Segmentation

Regional Octreotide Market Analysis

North America

Europe

Asia-Pacific

Rest of the World

Competitive Landscape

Key Players

Market Positioning

Market Share Analysis

Company Profiles


Novartis (Sandoz)

Teva Pharmaceuticals

Sun Pharmaceutical Industries

Other Key Players

Conclusion


Market Summary

Future Market Outlook

Recommendations

๐๐ฎ๐ฒ ๐๐จ๐ฐ @https://www.alliedmarketresearch.com/checkout-final/0c6b8222cdf78ab09cd68b0af643915b

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us -

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various research data tables and confirms utmost accuracy in our market forecasting. Each and every us companies and this helps us in digging out market data that helps us generate accurate y data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Octreotide Market to 2030: Ongoing research and development efforts aimed at improving the efficacy of octreotide and developing new formulations are expected to drive market growth. here

News-ID: 2917093 • Views: โ€ฆ

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collectโ€ฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโ€ฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โ€ฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโ€ฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โ€ฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโ€ฆ

All 5 Releases


More Releases for Octreotide

Octreotide Acetate Market | Exploring Current Trends and Growth Status for 2025
Octreotide Acetate Market Outlook and Investment Analysis What is the outlook for the Octreotide Acetate market in the coming years? The Octreotide Acetate market is anticipated to experience steady growth due to its increasing applications in the treatment of various conditions, such as neuroendocrine tumors, acromegaly, and gastrointestinal disorders. Factors like a growing geriatric population, rising incidences of these disorders, and advancements in drug formulations are expected to fuel the demand forโ€ฆ
Octreotide Acetate Market is Rising in Upcoming Years | 2024-2031
๐”๐’๐€, ๐๐ž๐ฐ ๐‰๐ž๐ซ๐ฌ๐ž๐ฒ- The global Octreotide Acetate Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion. The impact of manufacturers on the market is significant across various industries, influencing supply chains, consumer choices, and economic growth. Manufacturers are key players inโ€ฆ
Octreotide Acetate Market Size and Forecast
๐”๐’๐€, ๐๐ž๐ฐ ๐‰๐ž๐ซ๐ฌ๐ž๐ฒ- The global Octreotide Acetate Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion. The octreotide acetate market is witnessing steady growth due to its critical role in the treatment of various medical conditions such as acromegaly, neuroendocrine tumors,โ€ฆ
Global Octreotide Market 2019 - Novartis, Sun Pharmaceutical, Chengdu Tiantaisha โ€ฆ
This new report by Eon Market Research, titled โ€œGlobal Octreotide Market 2019 Research Report, 2015 โ€“ 2025โ€ offers a comprehensive analysis of Octreotide industry at a global as well as regional and country level. Key facts analyzed in this report include the Octreotide market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study of the competitiveโ€ฆ
Octreotide Market: Competitive Dynamics & Global Outlook 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Octreotide market. Octreotide is an octapeptide that mimics natural somatostatin pharmacologically๏ผŒit is a more potent inhibitor of growth hormone, glucagon, and insulin than the natural hormone. Usually in the form of a salt of acetic acid. The production of Octreotide mainly focuses on Europe, China and India. The Europe occupies the largest share and it about reachโ€ฆ
Octreotide Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026
Octreotide is an octapeptide that resembles natural somatostatin pharmacologically. Octreotide acetate is widely used in treatment of some types of cancers, diarrhea, and tumors such as carcinoid, pancreatic islet cell tumors, and vasoactive intestinal peptide secreting tumors. Octreotide acetate is also used to treat acromegaly when the body produces excess of growth hormone, which causes enlarged feet, hands, face, and head. Access Table of Content (TOC) Of the Report @ https://www.coherentmarketinsights.com/ongoing-insight/toc/1836 Octreotideโ€ฆ