Levothyroxine Market By Product Type ( Tablet, Intravenous Injection ), By Distribution Channel ( Hospital Pharmacy, Retail Pharmacy, Online Pharmacy ), Industry Trends, Estimation & Forecast, 2017 - 2025

April 2018

 Pages: 178

 ERC 5704

Levothyroxine Market is expected to grow with a CAGR of xx% during the forecast period of 2018 to 2025.

Levothyroxine is the most common medication which is prescribed to the patients dealing with hypothyroidism. Levothyroxine is also called by various other names in the market such as T4, thyroxine and symthroid. In hypothyroidism, the thyroid gland gets underactive and becomes unable to generate appropriate amount of thyroid hormone. Levothyroxine works as an analogue hormone which is used for the hormone replacement in the patients dealing with thyroid issues. The constantly rising number of patients suffering from hypothyroidism coupled with the continuously increasing awareness among common masses regarding proper treatment of thyroid issues is acting as a driving factor for the market growth. Geographically, North America is expected to hold a considerably large market share as a result of high occurrence of hypothyroidism in the region, improper lifestyle and unhealthy dietary habits. As per a data released by American Thyroid Association, more than 12% of the U.S. population will develop a thyroid condition during their lifetime. Approximately 20 million Americans have thyroid disease in the current scenario.

Moreover, hypothyroidism can also result in the generation of goiter and even more critical issues such as thyroid cancer, especially among women. This is compelling the government organizations to spread awareness among people through the means of campaigns and seminars regarding women and maternal health, which acts as a propelling factor for the levothyroxine market growth. As per a research, women are (8-10) times more prone to hypothyroidism and might face severe problematic issues such as mood swings, heavy menstrual flow, sudden weight gain and even knee joint pains. Due to this rise in thyroid disorder patient population globally, rise in demand for these drugs for hypothyroidism, especially in the developing and developed regions is leading the key thyroid drug manufacturers to conduct R&D activities for the development of advance therapeutics. However, factors such as availability of alternative generic drugs and various problematic side effects of levothyroxine might hinder the market growth.

The report provides detailed qualitative and quantitative analysis of the Global Levothyroxine Market. Market size and forecast in terms of value and volume has been provided for the period - (2017 - 2025), for the segments namely type and application in each of the major regions.

Levothyroxine Market Player Analysis -

The report presents detailed analysis of major players operating in Global Levothyroxine Market. Few of the include LGM Pharma, Taj Group, Berlin-Chemie, Merck Serono, Bhaarat Pharmaceutical, Manus Aktteva, Sandoz, Shenzhen Zhonglian Pharmaceutical, Sichuan Hairong Pharmaceutical. A detailed coverage on these market players with information on their revenue from levothyroxine business, market share, gross margin and their growth strategies have been provided in the report.

Market Segmentation

Global Levothyroxine Market is segmented on the basis of product type, distribution channel and geography. By Product type, the market is segmented into Tablet and Intravenous Injection. On the basis of distribution channel, the market is categorized as hospital pharmacy, retail pharmacy and online pharmacy. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Levothyroxine Market Segmentation

By Product Type
    • Tablet
    • Intravenous Injection

By Distribution Channel
    • Hospital Pharmacy
    • Retail Pharmacy
    • Online Pharmacy

By Geography
    • North America
              o U.S.
              o Canada
              o Mexico
    • Europe
              o U.K.
              o France
              o Germany
              o Italy
              o Spain
              o Rest of Europe
    • Asia-Pacific
              o China
              o Japan
              o India
              o Korea
              o Rest of APAC
    • South America
              o Brazil
              o Rest of South America
    • Rest of the World
              o Middle East
              o Africa

Levothyroxine Market Key Players

• LGM Pharma
• Taj Group
• Berlin-Chemie
• Merck Serono
• Bhaarat Pharmaceutical
• Manus Aktteva
• Sandoz
• Shenzhen Zhonglian Pharmaceutical
• Sichuan Hairong Pharmaceutical

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    What Information does this report contain?


    • What was the market size of the Levothyroxine Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Levothyroxine Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?


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