How large is the ngenla market, and what is its growth trajectory?
The ngenla market size has XX (HCAGR) in recent years. It will grow from $XX million in 2024 to $XX million in 2025 at a compound annual growth rate (CAGR) of XX%. The growth in the historic period can be attributed to increasing prevalence of pediatric GHD, improved awareness of growth hormone deficiencies, rise in healthcare spending globally, increasing patient compliance concerns, and regulatory approvals for innovative treatments.
The ngenla market size is expected to see XX (FCAGR) in the next few years. It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%. The growth in the forecast period can be attributed to rising demand for convenient treatment options, growth in the pediatric population worldwide, increasing R&D investments in biologics, expansion of healthcare insurance coverage, and growing focus on personalized medicine. Major trends in the forecast period include the development of next-generation growth hormone therapies, expansion into untapped markets, integration of AI in patient monitoring, growth of telemedicine for patient management, and increasing regulatory focus on patient safety.
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What are the key forces behind the ngenla market’s growth in recent years?
The increasing prevalence of pediatric growth hormone deficiency (GHD) is expected to drive the ngenla market going forward. Pediatric GHD is a condition characterized by inadequate secretion of growth hormone, which can impact physical development and overall health in children. The prevalence of GHD is rising due to improved awareness, enhanced diagnostic capabilities, and increased access to healthcare services globally. Ngenla, a long-acting recombinant human growth hormone (somatrogon), helps pediatric growth hormone deficiency by providing a sustained and consistent release of growth hormone through once-weekly injections, reducing the treatment burden of daily administration, improving adherence, and effectively stimulating growth and development in children with inadequate growth hormone production. For instance, in January 2024, according to the National Library of Medicine (NLM), a US-based biomedical library, growth hormone deficiency (GHD) is a rare condition in children, with its prevalence estimated to range from 1 in 3,500 to 1 in 10,000, depending on the diagnostic criteria and stimulation test thresholds used. Therefore, the rising prevalence of pediatric growth hormone deficiency (GHD) drives the ngenla market.
What are the major segments of the ngenla market?
The ngenla market covered in this report is segmented –
1) By Indication: Growth Hormone Deficiency; Turner Syndrome; Prader-Willi; Small For Gestational Age
2) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
3) By End User: Pediatric Patients; Adult Patients
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Which companies dominate the ngenla market?
Major companies operating in the ngenla market are Pfizer Inc.
What major trends will shape the ngenla market during the forecast period?
The key trend in the Ngenla market is emphasizing advancements such as long-acting growth hormone therapies, enhancing treatment adherence, and delivering better overall outcomes for pediatric and adult patients with growth hormone deficiency. Long-acting growth hormone therapies are designed to provide sustained hormone release, reducing the frequency of injections and improving patient compliance in treating growth hormone deficiencies. For instance, in June 2023, Pfizer Inc., a US-based biopharmaceutical company, and OPKO Health Inc., a US-based medication company, received US Food and Drug Administration (FDA) approval for NGENLA (somatrogon-ghla), a once-weekly human growth hormone analog. NGENLA is indicated for treating pediatric patients aged three years and older who have growth failure due to insufficient endogenous growth hormone secretion.
What are the key regional dynamics of the ngenla market, and which region leads in market share?
North America was the largest region in the ngenla market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ngenla market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Ngenla Market Report 2025 Offer?
The ngenla market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Ngenla refers to a long-acting human growth hormone (somatrogon) developed for the treatment of growth hormone deficiency (GHD) in children and adults. It is used to improve growth and manage growth-related disorders by replacing the natural growth hormone in individuals with inadequate production.
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