Global Natural Desiccated Thyroid (NDT) Market Growth 2023-2029

Global Natural Desiccated Thyroid (NDT) Market Growth 2023-2029

Natural desiccated thyroid (NDT), also known as desiccated thyroid extract (DTE) and porcine thyroid, is a prescription medication made from the desiccated (dried) thyroid glands of animals. It is generally provided in tablet form. Hypothyroidism is a condition that can affect the entire body and plays a role in many essential processes. Symptoms can include fatigue, weight gain, hair loss, cognitive issues, loss of libido, and more. The only way to treat this condition is by restoring levels of thyroid hormone. There are two types of thyroid medications for doing this which are synthetic and naturally derived. Synthetic thyroid hormones are levothyroxine (T4) and liothyronine (T3), which can be taken separately or combined into one capsule. Desiccated thyroid hormone is made from the glands of pigs and includes T3 and T4 along with the thyroid co-factors T1 and T2. It is made from the entire dried gland so it includes all forms of the thyroid hormone.

LPI (LP Information)' newest research report, the “Natural Desiccated Thyroid (NDT) Industry Forecast” looks at past sales and reviews total world Natural Desiccated Thyroid (NDT) sales in 2022, providing a comprehensive analysis by region and market sector of projected Natural Desiccated Thyroid (NDT) sales for 2023 through 2029. With Natural Desiccated Thyroid (NDT) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Natural Desiccated Thyroid (NDT) industry.

This Insight Report provides a comprehensive analysis of the global Natural Desiccated Thyroid (NDT) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Natural Desiccated Thyroid (NDT) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Natural Desiccated Thyroid (NDT) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Natural Desiccated Thyroid (NDT) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Natural Desiccated Thyroid (NDT).

The global Natural Desiccated Thyroid (NDT) market size is projected to grow from US$ 293.5 million in 2022 to US$ 639.3 million in 2029; it is expected to grow at a CAGR of 639.3 from 2023 to 2029.

Global key players of natural desiccated thyroid (ndt) include AbbVie, RLC Labs, Acella Pharmaceuticals, LLC, etc. Global top five manufacturers hold a share over 92%. In terms of product, 30-90 mg is the largest segment, with a share over 58%. And in terms of application, the largest application is adult, with a share over 96%.

This report presents a comprehensive overview, market shares, and growth opportunities of Natural Desiccated Thyroid (NDT) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Below 30 mg
30-90 mg
Above 90 mg

Segmentation by application
Adult
Child

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AbbVie
RLC Labs
Acella Pharmaceuticals, LLC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Natural Desiccated Thyroid (NDT) market?

What factors are driving Natural Desiccated Thyroid (NDT) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Natural Desiccated Thyroid (NDT) market opportunities vary by end market size?

How does Natural Desiccated Thyroid (NDT) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.