TechNavio today launched its Global Human Growth Hormone (HGH) Drugs Market 2011“2015 report based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the past and future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Healthcare team said; Injection syringes were widely used to release HGH drugs into the body during the developmental stages of the Global HGH Drugs market. However, because of rising concerns about the safety and efficacy of using such methods, the usage of injection syringes was reduced significantly. This has encouraged vendors to develop HGH drug-releasing devices such as electromechanical injection devices, needle-free HGH drug releasing devices, and reusable pen devices, which are used to deliver the doses more accurately. This is contributing to the growth of the market.
According to the report, the patents of most of the top HGH drugs have already expired or they are about to expire in the coming years. This will help new entrants to introduce generic HGH drugs at low cost. Thus, the reduced price of the drugs is expected to increase their sales, thereby increasing the revenue in the Global HGH Drugs market. Moreover, it is easier to get approval for generic HGH drugs as opposed to the stringent regulations for branded HGH drugs.
Further, the report also discusses that the high cost of HGH drugs has kept a large number of potential buyers outside the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-human-growth-hormone-drugs-market-20…
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TechNavio Announces the Publication of its Report “ Global Human Growth Hormone Drugs Market 2011“2015
