Published :
Tables : 45
Figures : 48
Category : Healthcare
No. of Pages : 235
Report Code : HC-1146
Levothyroxine market is projected to achieve a CAGR of over 4% from the forecast period 2020 to 2029. Levothyroxine acts as an analogue hormone that is used to replace the hormone in patients who are suffering from a thyroid issue. The rising awareness regarding hypothyroidism is propelling the market. The rise in the number of drugs used to diagnose hypothyroidism is driving the growth of the market. The rising number of thyroid disorder and thyroid cancer issue has also boosted the market. The market is bifurcated into type, disease indication, distribution channel and by region. Based on disease indication, hypothyroidism is forecasted to witness substantial growth. Hypothyroidism is the most common thyroid disorder. Iodine deficiency holds a huge majority of hypothyroidism cases. According to research reports, about one-third of the global population lives in iodine-deficient areas and its consequences could cause hypothyroidism and growth disorders. This has resulted in the growing demand for levothyroxine, thus accelerating the growth of the market. The imposition of new thyroid function testing has resulted in a spike in prescriptions of levothyroxine to diagnose hypothyroidism. In terms of type, intravenous injection is said to have substantial growth. Increasing R&D is set to boost the demand for intravenous injection, thus elevating the market. In terms of distribution channel, hospital pharmacies are expected to dictate the market. Developed healthcare infrastructure in developed economies is driving its growth. Hospital pharmacies have experienced personnel who supply diagnose hypothyroidism as per the requirement. Online pharmacies are also expected to show significant growth during the forecast period. Expansion of e-commerce is expected to have a positive influence on online pharmacy. In terms of region, North America is the global leader of the market. According to the American Thyroid Association report, approximately 12% of the U.S. population will develop a thyroid condition during their lifetime and an approximate amount of 20 million Americans are diagnosed with some form of thyroid disease during their lifetime. Asia-Pacific region is also expected to be a lucrative region for manufacturers. Rising disposable income alongside developed health infrastructure is promoting the market in the region. The large patient population in developing economies like India and China is driving the growth of the market. The imposition of favorable policies by the government is also escalating the growth of the market in the region. Additional Insights: The ATA has confirmed that levothyroxine sodium is the most preferred choice of treatment for hypothyroidism. India and China are major markets for levothyroxine drugs. Established players of the market are Abbott Ltd, Alara Pharm (Sandoz), Forest (Actavis), Merck Serono, Piramal Healthcare, Mylan, KING PHARMS R AND D and Jerome Stevens. Levothyroxine Market Segmentation: By Disease Indication Hypothyroidism Goiter Thyroid Cancer Myxedema Coma By Type Tablet Intravenous Injection By Distribution Channel Hospital Pharmacy Retail Pharmacy Online Pharmacy By Region North America Latin America Europe Asia-Pacific Rest of World Competitive Landscape: Tier 1 players- established companies in the market with a major market share Tier 2 players Emerging players which are growing rapidly New Entrants FutureWise Key Takeaways Mergers and acquisitions of a prominent player are also propelling the market. The merging of Amneal with Jerome Stevens Pharmaceuticals Inc. has strengthened the company's presence in North America. Objectives of the Study: To provide with an exhaustive analysis on the global levothyroxine market based on disease indication, distribution type, type, and region To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) To evaluate and forecast micro-markets and the overall market To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and rest of the world To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers, and expansions Profiling of companies to evaluate their market shares, strategies, financials and core competencies Flexible Delivery Model: We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement The customization services offered are free of charge with purchase of any license of the report. You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com
Levothyroxine acts as an analogue hormone that is used to replace the hormone in patients who are suffering from a thyroid issue. The rising awareness regarding hypothyroidism is propelling the market. The rise in the number of drugs used to diagnose hypothyroidism is driving the growth of the market. The rising number of thyroid disorder and thyroid cancer issue has also boosted the market.
The market is bifurcated into type, disease indication, distribution channel and by region. Based on disease indication, hypothyroidism is forecasted to witness substantial growth. Hypothyroidism is the most common thyroid disorder. Iodine deficiency holds a huge majority of hypothyroidism cases. According to research reports, about one-third of the global population lives in iodine-deficient areas and its consequences could cause hypothyroidism and growth disorders. This has resulted in the growing demand for levothyroxine, thus accelerating the growth of the market. The imposition of new thyroid function testing has resulted in a spike in prescriptions of levothyroxine to diagnose hypothyroidism.
In terms of type, intravenous injection is said to have substantial growth. Increasing R&D is set to boost the demand for intravenous injection, thus elevating the market.
In terms of distribution channel, hospital pharmacies are expected to dictate the market. Developed healthcare infrastructure in developed economies is driving its growth. Hospital pharmacies have experienced personnel who supply diagnose hypothyroidism as per the requirement. Online pharmacies are also expected to show significant growth during the forecast period. Expansion of e-commerce is expected to have a positive influence on online pharmacy.
In terms of region, North America is the global leader of the market. According to the American Thyroid Association report, approximately 12% of the U.S. population will develop a thyroid condition during their lifetime and an approximate amount of 20 million Americans are diagnosed with some form of thyroid disease during their lifetime. Asia-Pacific region is also expected to be a lucrative region for manufacturers. Rising disposable income alongside developed health infrastructure is promoting the market in the region. The large patient population in developing economies like India and China is driving the growth of the market. The imposition of favorable policies by the government is also escalating the growth of the market in the region.
Additional Insights:
The ATA has confirmed that levothyroxine sodium is the most preferred choice of treatment for hypothyroidism. India and China are major markets for levothyroxine drugs.
Established players of the market are Abbott Ltd, Alara Pharm (Sandoz), Forest (Actavis), Merck Serono, Piramal Healthcare, Mylan, KING PHARMS R AND D and Jerome Stevens.
Levothyroxine Market Segmentation:
By Disease Indication
By Type
By Distribution Channel
By Region
Competitive Landscape:
FutureWise Key Takeaways
Objectives of the Study:
Flexible Delivery Model:
1. Market Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Years Considered for the Study 1.3.2 Market Covered 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2. Research Methodology 2.1 Research Data 2.1.1 Secondary Data 2.1.1.1 Key Data From Secondary Sources 2.1.2 Primary Data 2.1.2.1 Key Data From Primary Sources 2.2 Market Size Estimation 2.3 Market Breakdown and Data Triangulation 2.4 Assumptions for the Study 3. Executive Summary 3.1 Market Outlook 3.2 Segment Outlook 3.3 Competitive Insights 4. Global Levothyroxine Market Variables, Trends & Scope 4.1. Market Lineage Outlook 4.2. Penetration and Growth Prospect Mapping 4.3. Industry Value Chain Analysis 4.4. Cost Analysis Breakdown 4.5. Technology Overview 4.6. Regulatory Framework 4.6.1. Reimbursement Framework 4.6.2. Standards And Compliances 5. Market Overview 5.1. Market Dynamics 5.1.1. Market Driver Analysis 5.1.1.1. Increasing focus on Brand Protection 5.1.1.2. Untapped Opportunities in Emerging Regions 5.1.2. Market Restraint Analysis 5.1.3. Industry Challenges 5.1.3.1. Presence of Ambiguous Regulatory Framework 6. Global Levothyroxine Market Analysis Tools 6.1. Industry Analysis - Porter’s 6.1.1. Supplier Power 6.1.2. Buyer Power 6.1.3. Substitution Threat 6.1.4. Threat from New Entrants 6.1.5. Competitive Rivalry 6.2. Pestel Analysis 6.2.1. Political Landscape 6.2.2. Environmental Landscape 6.2.3. Social Landscape 6.2.4. Technology Landscape 6.2.5. Legal Landscape 6.3. Major Deals And Strategic Alliances Analysis 6.3.1. Joint Ventures 6.3.2. Mergers and Acquisitions 6.3.3. Licensing and Partnership 6.3.4. Technology Collaborations 6.3.5. Strategic Divestments 6.4. Market Entry Strategies 6.5. Case Studies 7. Global Levothyroxine Market, By Disease Indication Historical Analysis and Forecast 2020-2027 (USD Million) 7.1. Hypothyroidism 7.2. Goiter 7.3. Thyroid Cancer 7.4. Myxedema Coma 8. Global Levothyroxine Market, By Type Historical Analysis and Forecast 2020-2027 (USD Million) 8.1. Tablet 8.2. Intravenous Injection 9. Global Levothyroxine Market, By Distribution Channel Historical Analysis and Forecast 2020-2027 (USD Million) 9.1. Hospital Pharmacy 9.2. Retail Pharmacy 9.3. Online Pharmacy 10. North America Levothyroxine Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) along with expected regulatory needs 10.1. Introduction 10.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 10.2.1. U.S.A 10.2.2. Canada 10.3. Market Size (USD Million) Forecast for North America 2020-2027 11. Latin America Levothyroxine Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 11.1. Introduction 11.2. Regional Market Trends 11.3. Historical Market Size (USD Million) Analysis By Country, 2015-2019 11.3.1. Brazil 11.3.2. Venezuela 11.3.3. Argentina 11.3.4. Rest of Latin America 11.4. Market Size (USD Million) Forecast for Latin America 2020-2027 12. Europe Levothyroxine Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 12.1. Introduction 12.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 12.2.1. Germany 12.2.2. U.K 12.2.3. France 12.2.4. Italy 12.2.5. Spain 12.2.6. Russia 12.2.7. Poland 12.2.8. Switzerland 12.2.9.Rest of Western Europe 13. Asia Pacific Levothyroxine Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) - along with expected regulatory needs 13.1. Introduction 13.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 13.2.1. Japan 13.2.2. China 13.2.3. Singapore 13.2.4. India 13.2.5. Australia and New Zealand 13.2.6. ASEAN 13.2.7. South Korea 13.2.8. Rest of Asia Pacific 13.3. Market Size (USD Million) Forecast for Asia Pacific 2020-2027 14. Rest of the World Levothyroxine Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) along with expected regulatory needs 14.1. Introduction 14.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 14.2.1. Saudi Arabia 14.2.2. UAE 14.2.3. South Africa 14.2.4. Egypt 14.3. Market Size (USD Million) Forecast for MEA 2020-2027 15. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Type and Technology Portfolio, Financial Layouts) 15.1. Shenzhen LA Lighting Company Limited 15.1.1. Company Overview 15.1.2. Product Portfolio 15.1.3. SWOT Analysis 15.1.4. Financial Overview 15.1.5. Strategic Overview 15.2. Ziphearing 15.2.1. Company Overview 15.2.2. Product Portfolio 15.2.3. SWOT Analysis 15.2.4. Financial Overview 15.2.5. Strategic Overview 15.3. Austar Hearing Science and Technology Co., Ltd. 15.3.1. Company Overview 15.3.2. Product Portfolio 15.3.3. SWOT Analysis 15.3.4. Financial Overview 15.3.5. Strategic Overview 15.4. Resound 15.4.1. Company Overview 15.4.2. Product Portfolio 15.4.3. SWOT Analysis 15.4.4. Financial Overview 15.4.5. Strategic Overview 15.5. Sound world solution 15.5.1. Company Overview 15.5.2. Product Portfolio 15.5.3. SWOT Analysis 15.5.4. Financial Overview 15.5.5. Strategic Overview 15.6. SoundHawk 15.6.1. Company Overview 15.6.2. Product Portfolio 15.6.3. SWOT Analysis 15.6.4. Financial Overview 15.6.5. Strategic Overview 15.7. Foshan Vohom Technology Co.Ltd. 15.7.1. Company Overview 15.7.2. Product Portfolio 15.7.3. SWOT Analysis 15.7.4. Financial Overview 15.7.5. Strategic Overview 16. FutureWise SME key takeaway points for Client
1. Market Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.3.2 Market Covered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2. Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study
3. Executive Summary
3.1 Market Outlook
3.2 Segment Outlook
3.3 Competitive Insights
4. Global Levothyroxine Market Variables, Trends & Scope
4.1. Market Lineage Outlook
4.2. Penetration and Growth Prospect Mapping
4.3. Industry Value Chain Analysis
4.4. Cost Analysis Breakdown
4.5. Technology Overview
4.6. Regulatory Framework
4.6.1. Reimbursement Framework
4.6.2. Standards And Compliances
5. Market Overview
5.1. Market Dynamics
5.1.1. Market Driver Analysis
5.1.1.1. Increasing focus on Brand Protection
5.1.1.2. Untapped Opportunities in Emerging Regions
5.1.2. Market Restraint Analysis
5.1.3. Industry Challenges
5.1.3.1. Presence of Ambiguous Regulatory Framework
6. Global Levothyroxine Market Analysis Tools
6.1. Industry Analysis - Porter’s
6.1.1. Supplier Power
6.1.2. Buyer Power
6.1.3. Substitution Threat
6.1.4. Threat from New Entrants
6.1.5. Competitive Rivalry
6.2. Pestel Analysis
6.2.1. Political Landscape
6.2.2. Environmental Landscape
6.2.3. Social Landscape
6.2.4. Technology Landscape
6.2.5. Legal Landscape
6.3. Major Deals And Strategic Alliances Analysis
6.3.1. Joint Ventures
6.3.2. Mergers and Acquisitions
6.3.3. Licensing and Partnership
6.3.4. Technology Collaborations
6.3.5. Strategic Divestments
6.4. Market Entry Strategies
6.5. Case Studies
7. Global Levothyroxine Market, By Disease Indication Historical Analysis and Forecast 2020-2027 (USD Million)
7.1. Hypothyroidism
7.2. Goiter
7.3. Thyroid Cancer
7.4. Myxedema Coma
8. Global Levothyroxine Market, By Type Historical Analysis and Forecast 2020-2027 (USD Million)
8.1. Tablet
8.2. Intravenous Injection
9. Global Levothyroxine Market, By Distribution Channel Historical Analysis and Forecast 2020-2027 (USD Million)
9.1. Hospital Pharmacy
9.2. Retail Pharmacy
9.3. Online Pharmacy
10. North America Levothyroxine Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) along with expected regulatory needs
10.1. Introduction
10.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
10.2.1. U.S.A
10.2.2. Canada
10.3. Market Size (USD Million) Forecast for North America 2020-2027
11. Latin America Levothyroxine Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
11.1. Introduction
11.2. Regional Market Trends
11.3. Historical Market Size (USD Million) Analysis By Country, 2015-2019
11.3.1. Brazil
11.3.2. Venezuela
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Market Size (USD Million) Forecast for Latin America 2020-2027
12. Europe Levothyroxine Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
12.1. Introduction
12.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
12.2.1. Germany
12.2.2. U.K
12.2.3. France
12.2.4. Italy
12.2.5. Spain
12.2.6. Russia
12.2.7. Poland
12.2.8. Switzerland
12.2.9.Rest of Western Europe
13. Asia Pacific Levothyroxine Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) - along with expected regulatory needs
13.1. Introduction
13.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
13.2.1. Japan
13.2.2. China
13.2.3. Singapore
13.2.4. India
13.2.5. Australia and New Zealand
13.2.6. ASEAN
13.2.7. South Korea
13.2.8. Rest of Asia Pacific
13.3. Market Size (USD Million) Forecast for Asia Pacific 2020-2027
14. Rest of the World Levothyroxine Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) along with expected regulatory needs
14.1. Introduction
14.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
14.2.1. Saudi Arabia
14.2.2. UAE
14.2.3. South Africa
14.2.4. Egypt
14.3. Market Size (USD Million) Forecast for MEA 2020-2027
15. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Type and Technology Portfolio, Financial Layouts)
15.1. Shenzhen LA Lighting Company Limited
15.1.1. Company Overview
15.1.2. Product Portfolio
15.1.3. SWOT Analysis
15.1.4. Financial Overview
15.1.5. Strategic Overview
15.2. Ziphearing
15.2.1. Company Overview
15.2.2. Product Portfolio
15.2.3. SWOT Analysis
15.2.4. Financial Overview
15.2.5. Strategic Overview
15.3. Austar Hearing Science and Technology Co., Ltd.
15.3.1. Company Overview
15.3.2. Product Portfolio
15.3.3. SWOT Analysis
15.3.4. Financial Overview
15.3.5. Strategic Overview
15.4. Resound
15.4.1. Company Overview
15.4.2. Product Portfolio
15.4.3. SWOT Analysis
15.4.4. Financial Overview
15.4.5. Strategic Overview
15.5. Sound world solution
15.5.1. Company Overview
15.5.2. Product Portfolio
15.5.3. SWOT Analysis
15.5.4. Financial Overview
15.5.5. Strategic Overview
15.6. SoundHawk
15.6.1. Company Overview
15.6.2. Product Portfolio
15.6.3. SWOT Analysis
15.6.4. Financial Overview
15.6.5. Strategic Overview
15.7. Foshan Vohom Technology Co.Ltd.
15.7.1. Company Overview
15.7.2. Product Portfolio
15.7.3. SWOT Analysis
15.7.4. Financial Overview
15.7.5. Strategic Overview
16. FutureWise SME key takeaway points for Client
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