Desmopressin Market Size And Forecast

Desmopressin Market size was valued at USD 943.06 Million in 2020 and is projected to reach USD 1420.06 Million by 2028, growing at a CAGR of 5.3% from 2021 to 2028.

The emerging research and developments for creating efficient and cost-effective treatments and the launch of new medications are expected to boost the significant growth of the Desmopressin Market. Additionally, the rising prevalence of diabetes and other chronic diseases also the increasing teenage population in various countries is the major driver for this Desmopressin Market. The Global Desmopressin Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Desmopressin Market Definition

Desmopressin is a synthetic octapeptide that is an antidiuretic and coagulant analogue of the human hormone arginine vasopressin. Desmopressin binds to V2 receptors in the collecting ducts, causing exocytosis of von Willebrand factor (VWF) and tissue plasminogen activator (t-PA) from the Weibel-Palade bodies, resulting in increased water resorption. This agent also causes afferent arteriolar vasodilation by increasing nitric oxide (NO) production by activating endothelial NO synthase.

Desmopressin also enhances blood coagulation by stimulating the release of factor VIII from endothelial cells through the V1a receptor. Desmopressin is a medicine that helps to regulate excessive thirst, urination, and dehydration. It’s also been utilized to control nighttime bedwetting in children of a certain age group. Desmopressin drugs have also been used extensively in conditions such as diabetes insipidus, in which the body produces an abnormally large amount of urine.

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Global Desmopressin Market Overview

The emerging research and developments for creating efficient and cost-effective treatments and the launch of new medications are expected to boost the significant growth of the Desmopressin Market. Additionally, the rising prevalence of diabetes and other chronic diseases also the increasing teenage population in various countries is the major driver for this Desmopressin Market. Desmopressin is a drug that acts on the body’s vasopressin receptors. It has a wide range of clinical uses, including nocturnal enuresis and hemophilia. The majority of patients tolerate desmopressin effectively. There are a few instances where patients must be examined for drug adverse effects.

Desmopressin is used to treat a wide range of medical conditions, including nocturnal polyuria, hemophilia A, diabetes insipidus, Willebrand disease, uremic bleeding, and a variety of off-label uses such as preventing rapid sodium correction when used in conjunction with hypertonic saline, intracranial hemorrhage associated with various antiplatelet agents, and trauma resuscitation with active hemorrhage.

However, lack of awareness among people regarding different eye disorders and fewer medical treatments and side effects associated with desmopressin such as headaches, nausea, vomiting, loss of appetite, and others may restrain the growth of the Desmopressin Market in the forecast period. Furthermore, Manufacturers and market players in the Desmopressin Market are expected to improve their product manufacturing and are also taking initiatives such as conducting activities of awareness programs about measures to prevent night-time bedwetting, and treatment of diabetes insipidus, and other initiatives. The market players’ actions are acting as a growth opportunity for the market.

Global Desmopressin Market Segmentation Analysis

The Global Desmopressin Market is Segmented on the basis of Form, Application, Distribution Channel, and Geography.

Desmopressin Market, By Form

• Injectable Solution
• Nasal Spray
• Tablet

Based on Form, the market is segmented into Injectable Solution, Nasal Spray, and Tablet. The tablet segment is expected to grow at a significant rate during the forecasted years.

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 Desmopressin Market, By Application

• Pediatric Use
• Geriatric Use

Based on Application, the market is segmented into Pediatric Use and Geriatric Use. The geriatric use segment is expected to grow at a significant rate during the forecasted years.

Desmopressin Market, By Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

Based on Distribution Channel, the market is segmented into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies. Retail pharmacies are expected to dominate the global Desmopressin Market by distribution channel, owing to increasing patient footfall. Desmopressin Market manufacturers are likely to improve their collaboration with regional and country-level manufacturers.

Desmopressin Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Geography, the Global Desmopressin Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America has the largest market share owing to the presence of key manufacturers of the product is high and, increasing research and development activities, healthcare expenditure contributes to raising the significant growth of the market. Asia-Pacific is expected to grow in the forecasted years owing to increased new research and developments in the Desmopressin Market.

Key Players

The “Global Desmopressin Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such Pfizer, Teva, Northstar Rx, Blue Point Laboratories, Johnson & Johnson, Sun Pharmaceutical Industries Ltd., Bachem, Ferring Pharmaceuticals, and Amring Pharmaceuticals Inc.

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