This report focuses on Somatostatin volume and value at global level, regional level and company level. From a global perspective, this report represents overall Somatostatin market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Los Angeles, CA -- (SBWIRE) -- 02/05/2019 -- QY Research always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Somatostatin market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts.
Somatostatin is one kind of hormone. It is widely distributed throughout the body, especially in the hypothalamus and pancreas. It also acts as an important regulator of endocrine and nervous system function by inhibiting the secretion of several other hormones such as growth hormone, insulin, and gastrin.
The global Somatostatin market is valued at 210 million US$ in 2018 is expected to reach 460 million US$ by the end of 2025, growing at a CAGR of 11.4% during 2019-2025.
Somatostatin is one of the fastest growing medical Products in recent years in China. China is also the world's most rapid expansion Market. Rapid growth numbers of general hospital form a strong Market Demand of Somatostatin, especially the demand of second class and below second class hospital.
As the analogue is expanding in the market, and the price of Somatostatin not decreasing so much, Somatostatin will limited in many regions, like North America and EU. Even though the analogue and regional limited, the consumption of Somatostatin is keeping quick growth rate.
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The following manufacturers are covered:
Merck (Schweiz) AG
Lyomark Pharma GmbH
ALFA WASSERMANN S.p.A.
Polypeptide Laboratories, Inc
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