Anti-Thyroid Drugs Market
Pharmaceuticals

Global Anti-Thyroid Drugs Market Size, Forecasts, And Opportunities

Learn about the global anti-thyroid drugs market through The Business Research Company, which provides information on anti-thyroid drugs market size, anti-thyroid drugs market drivers and restraints, anti-thyroid drugs market players, the COVID-19 impact on the anti-thyroid drugs market, and more.

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The global anti-thyroid drugs market is expected to decline from $1.71 billion in 2020 to $1.5 billion in 2021 at a compound annual growth rate (CAGR) of -12.3%. The decline is mainly due to the companies rearranging their operations and recovering slowly from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The anti-thyroid drugs market is expected to reach $1.73 billion in 2025 at a CAGR of 3.6%.

The rising number of Grave’s disease, people suffering from hyperthyroidism is expected to drive innovation in anti-thyroid drugs manufacturing, thus driving the market during the forecast period.

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The anti-thyroid drugs market consists of sales of anti-thyroid drugs and related services which are used for the treatment of hyperthyroidism. Hyperthyroidism is caused by over production of thyroid hormones in children, adults and pregnant women. Anti-thyroid class of drugs are also called thionamides which block the formation of thyroid hormone from over active thyroid gland.

Global anti-thyroid drugs market segments include:

By Drug Type: Thionamides (inhibition of hormone synthesis), Iodides (inhibition of hormone release)

By Route of Administration: Oral, Intravenous, Others

By Distribution Channel: Wholesaler/Distributors, Retail Chain, Online Distribution, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Associations for thyroid care are launching initiatives to spread more awareness about thyroid disorders, update on the recent treatment methods and other summaries regarding various research on thyroid disorders.

TBRC’s anti-thyroid drugs market report covers:

Major Market Players: Mylan N.V., Abbott Laboratories, GlaxoSmithKline plc, Merck & Co. and AbbVie, Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Anti-Thyroid Drugs Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides anti-thyroid drugs market overviews, analyzes and forecasts market size, share, anti-thyroid drugs market players, anti-thyroid drugs market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s anti-thyroid drugs market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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