The study covers a detailed analysis segmented by key business segments i.e. and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Americas Pasireotide market throughout the predicted period.
What is Pasireotide?
Pasireotide (Signifor) is a drug for treating people with Cushing's disease which is a condition caused by too much growth hormone creation called cortisol and acromegaly (excess growth of bones in the hands and feet). This drug is used to decrease the effect of disease and also when the surgery has failed or in any conditions not at all possible. As the number of patients with this kind of disease is rare the medicine is considered as an 'orphan medicine' and has been approved in the United States and Europe. Improvement in drug making it safe for consumption for all age groups is on the process with continuous research and development.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Pasireotide market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, including:
- Novartis International AG (United States)
On 8 October 2009, orphan designation (EU/3/09/671) was granted by the European Commission to Novartis Europharm Limited, United Kingdom, for pasireotide for the treatment of Cushing's disease. Pasireotide in the treatment of Cushing's disease has been authorized in the EU as Signifor since 24 April 2012. and "The FDA approval of Signifor was based on phase III, multicenter, randomized study. The trial enrolled 162 subjects with Cushing’s disease with the persistent or recurrent disease despite pituitary surgery or de novo patients for whom surgery was not indicated or who had refused surgery. Subjects with a baseline 24-hour urine free cortisol (UFC) >1.5 x upper limit of normal (ULN) were randomized to receive a Signifor dosage of either 0.6 mg subcutaneous b.i.d. or 0.9 mg subcutaneous b.i.d."
Market Trend
Continuous Research and Development about Pasireotide
Restraints
- Risk of Adverse Side Effects and Allergic Reactions of Pasireotide on Health
- Stringent Regulatory Safety Norms of Pasireotide
Opportunities
Rise in Awareness About Pasireotide in Emerging Countries
Key highlights of the Americas Pasireotide market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Pasireotide market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Americas Pasireotide market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Pasireotide Players
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Americas Pasireotide market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Pasireotide market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Pasireotide Manufacturers, Pasireotide International Traders, Pasireotide Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.