Insulin-like Growth Factors Market

Insulin-like Growth Factors Market (Type: Mechano Growth Factor, Somatomedin C, and IGF 1; and End-user: Hospitals and Medical Centers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034

Insulin-like Growth Factors (IGFs) Market Outlook 2034

  • The global industry was valued at US$ 274.4 Mn in 2023
  • It is expected to grow at a CAGR of 5.8% from 2024 to 2034 and reach US$ 511.4 Mn by the end of 2034

Analyst Viewpoint

Rise in incidence of bone and tissue injury is the factor basically responsible for the insulin-like growth factors (IGFs) market growth. Insulin-like growth factors majorly participate in the growth and functioning of every organ in the body, and are partly responsible for reduction in blood glucose levels. Need for cellular proliferation is another factor promoting the expansion of IGF proteins industry.

The insulin-like growth factors (IGFs) market manufacturers are working toward adoption of the outcome that insulin-like growth factor 2 receptor is one of the key immune-related genes correlated to poor prognosis in the patients suffering from triple-negative breast cancer.

Insulin-like Growth Factors Market Overview

Insulin-like growth factors (IGFs) industry are referred to as proteins that have high sequence similarity to insulin. They are part of a complex system used by cells for communicating with physiologic environment.

This complex system, also called IGF axis, comprises two cell-surface receptors (IGF1R and IGF2R), two ligands (IGF-1 and IGF-2), a family of seven high-affinity IGF-binding proteins (IGFBP1 to IGFBP7), along with associated IGFBP degrading enzymes , which are collectively called proteases.

IGFs are known for decreasing the chance to develop cancer, diabetes, and malnutrition. Their regulatory systems in diverse organs are tissue-specific, which include heart, kidney, liver, and various other tissues, but all of them share similar components.

Advantages of IGF01 peptides include boosting the metabolic rate, enhancing libido and energy levels, helping to elevate feeling of depression, bolstering cognitive function, and increasing muscle binding capacities.

However, research states that IGFs are bound to induce side-effects such as retinal edema, impaired glucose metabolism and hypoglycemia, fatigue, muscle pain, and alterations in sexual function. These side-effects may restrain the insulin-like growth factors market going forward.

Attribute Detail
Insulin-like Growth Factors (IGFs) Market Drivers
  • Preferred Cellular Proliferation
  • Rise in Incidence of Bone and Tissue Injuries

Preference for Cellular Proliferation Propelling Demand for Growth-Promoting Peptides

The liver is known for secreting IGF-1, which is the basic IGF found in bone cells, cartilage, and muscles. IGF-1 basically binds to IGF-1 receptor (IGF1R), i.e. tyrosine kinase receptor. This binding triggers intracellular signaling and catalyzes cell differentiation and proliferation. They also help in tissue repair.

Research states that IGF-1’s higher concentrations in fetuses result in bigger fetal size. From animal studies, it has been inferred that deficiency of IGF-1 is linked with impaired neurological development, which suggests that the hormone has exclusive roles in myelination and axonal growth. The deficiency of this IGF is also linked with neonatal mortality.

As IGFs are promoters of growth, the studies have shown that IGF’1’s blood levels progressively increase during childhood and are at peak during puberty.

Rise in cellular proliferation as mentioned above is thus expanding the insulin-like growth factors (IGFs) market size.

Rise in Incidence of Bone and Tissue Injuries Driving Demand for Insulin Mimetic Growth Factors

IGF-1, during the first phase of bone repair, stimulates proliferation of osteoblast and promotes the formation of bone matrix through 100% differentiated osteoblasts. IGF-II acts at the subsequent stage of endochondral bone formation and triggers type I collagen production, cell proliferation, and cartilage matrix synthesis.

As per the WHO, 440 million people suffer from osteoarthritis globally, followed by neck pain (222 million people), amputations (180 million people), and others. Moreover, increase in the number of sports enthusiasts is resulting in rise in the number of bone fractures worldwide.

Need to effectively check bone and tissue injuries is thus accelerating the insulin-like growth factors (IGFs) market demand.

Regional Analysis of Insulin-like Growth Factors (IGFs) Market

Attribute Detail
Leading Region North America

As per the latest insulin-like growth factors market analysis, North America led the growth factors (IGFs) landscape in 2023 and the status quo is expected to remain unchanged during the forecast period. This is attributed to increase in the number of patients contracting bone and tissue injuries in the U.S. and Canada.

Asia Pacific’s significant insulin-like growth factors (IGFs) market share is due to rise in the number of sports activities in countries such as India. Moreover, rise in awareness regarding the importance of timely treatment of these injuries is keeping the momentum for the market.

Analysis of Key Players

Boehringer Ingelheim International GmbH, Genervon Biopharmaceuticals LLC, Ascendis Pharma, Regulaxis SAS, and MedImmune, LLC are some of the key players covered in the insulin-like growth factors (IGFs) market report.

These companies have been profiled based on parameters such as company overview, business strategies, financial overview, product portfolio, and business segments.

Competitive Landscape of Insulin-like Growth Factors Industry

  • Genervon Biopharmaceuticals LLC is known for its multi-target regulatory peptide called GM6, which is used for protecting neurons against the soluble inflammatory factors in human cerebrospinal fluid of patients suffering from several CNS diseases. GM6 also modulates expression of multiple ALS-related genes in PCR arrays and DNA microarrays. The potential advantages of GM6 include reduction of toxic protein aggregates, modulation of undesirable gene expressions, and reduced apoptosis and inflammation.

Global Insulin-like Growth Factors (IGFs) Market Snapshot

Attribute Detail
Market Size in 2023 US$ 274.4 Mn
Market Forecast (Value) in 2034 US$ 511.4 Mn
Growth Rate (CAGR) 5.87%
Forecast Period 2024-2034
Historical Data Available for 2020-2022
Quantitative Units US$ Bn for Value
Market Analysis It includes segment analysis as well as regional level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape
  • Market share analysis by company (2023)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials
Format Electronic (PDF) + Excel
Market Segmentation
  • Type
    • Mechano Growth Factor
    • Somatomedin C
    • IGF 1
  • End-user
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Countries Covered
  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • China
  • India
  • Japan
  • Australia & New Zealand
  • Brazil
  • Mexico
  • South Africa
  • GCC
Companies Profiled
  • Boehringer Ingelheim International GmbH
  • Genervon Biopharmaceuticals LLC
  • Ascendis Pharma
  • Regulaxis SAS
  • MedImmune, LLC
Customization Scope Available Upon Request
Pricing Available Upon Request

Frequently Asked Questions

How big was the global Insulin-like growth factors market in 2023?

It was valued at US$ 274.4 Mn in 2023

How is the Insulin-like growth factors business expected to grow during the forecast period?

It is projected to grow at a CAGR of 5.8% from 2024 to 2034

What are the key factors driving the demand for Insulin-like growth factors?

Preference for cellular proliferation and growing prevalence of bone and tissue injury

Which Insulin-like growth factors distribution channel segment held the largest share in 2023?

Hospital pharmacies segment accounted for the largest share in 2023

Which region dominated the global Insulin-like growth factors landscape in 2023?

North America was the dominant region in 2023

Who are the key Insulin-like growth factors industry manufacturers?

Boehringer Ingelheim International GmbH, Genervon Biopharmaceuticals LLC, Ascendis Pharma, Regulaxis SAS, and MedImmune, LLC

    1. Preface

        1.1. Market Definition and Scope

        1.2. Market Segmentation

        1.3. Key Research Objectives

        1.4. Research Highlights

    2. Assumptions and Research Methodology

    3. Executive Summary: Global Insulin-like Growth Factors (IGFs) Market

    4. Market Overview

        4.1. Introduction

            4.1.1. Product Definition

            4.1.2. Industry Evolution/Developments

        4.2. Overview

        4.3. Market Dynamics

            4.3.1. Drivers

            4.3.2. Restraints

            4.3.3. Opportunities

        4.4. Global Insulin-like Growth Factors (IGFs) Market Analysis and Forecast, 2020-2034

    5. Key Insights

        5.1. Pipeline Analysis

        5.2. Key Product/Brand Analysis

        5.3. Key Mergers & Acquisitions

        5.4. COVID-19 Pandemic Impact on Industry

    6. Global Insulin-like Growth Factors (IGFs) Market Analysis and Forecast, by Type

        6.1. Introduction & Definition

        6.2. Key Findings/Developments

        6.3. Market Value Forecast, by Type, 2020-2034

            6.3.1. Mechano Growth Factor

            6.3.2. Somatomedin C

            6.3.3. IGF 1

        6.4. Market Attractiveness Analysis, by Type

    7. Global Insulin-like Growth Factors (IGFs) Market Analysis and Forecast, by End-user

        7.1. Introduction & Definition

        7.2. Key Findings/Developments

        7.3. Market Value Forecast, by End-user, 2020-2034

            7.3.1. Hospitals

            7.3.2. Medical Centers

        7.4. Market Attractiveness Analysis, by End-user

    8. Global Insulin-like Growth Factors (IGFs) Market Analysis and Forecast, by Region

        8.1. Key Findings

        8.2. Market Value Forecast, by Region, 2020-2034

            8.2.1. North America

            8.2.2. Europe

            8.2.3. Asia Pacific

            8.2.4. Latin America

            8.2.5. Middle East & Africa

        8.3. Market Attractiveness Analysis, by Region

    9. North America Insulin-like Growth Factors (IGFs) Market Analysis and Forecast

        9.1. Introduction

        9.2. Key Findings

        9.3. Market Value Forecast, by Type, 2020-2034

            9.3.1. Mechano Growth Factor

            9.3.2. Somatomedin C

            9.3.3. IGF 1

        9.4. Market Value Forecast, by End-user, 2020-2034

            9.4.1. Hospitals

            9.4.2. Medical Centers

        9.5. Market Value Forecast, by Country, 2020-2034

            9.5.1. U.S.

            9.5.2. Canada

        9.6. Market Attractiveness Analysis

            9.6.1. By Type

            9.6.2. By End-user

            9.6.3. By Country

    10. Europe Insulin-like Growth Factors (IGFs) Market Analysis and Forecast

        10.1. Introduction

        10.2. Key Findings

        10.3. Market Value Forecast, by Type, 2020-2034

            10.3.1. Mechano Growth Factor

            10.3.2. Somatomedin C

            10.3.3. IGF 1

        10.4. Market Value Forecast, by End-user, 2020-2034

            10.4.1. Hospitals

            10.4.2. Medical Centers

        10.5. Market Value Forecast, by Country/Sub-region, 2020-2034

            10.5.1. Germany

            10.5.2. U.K.

            10.5.3. France

            10.5.4. Italy

            10.5.5. Spain

            10.5.6. Rest of Europe

        10.6. Market Attractiveness Analysis

            10.6.1. By Type

            10.6.2. By End-user

            10.6.3. By Country/Sub-region

    11. Asia Pacific Insulin-like Growth Factors (IGFs) Market Analysis and Forecast

        11.1. Introduction

        11.2. Key Findings

        11.3. Market Value Forecast, by Type, 2020-2034

            11.3.1. Mechano Growth Factor

            11.3.2. Somatomedin C

            11.3.3. IGF 1

        11.4. Market Value Forecast, by End-user, 2020-2034

            11.4.1. Hospitals

            11.4.2. Medical Centers

        11.5. Market Value Forecast, by Country/Sub-region, 2020-2034

            11.5.1. China

            11.5.2. Japan

            11.5.3. India

            11.5.4. Australia & New Zealand

            11.5.5. Rest of Asia Pacific

        11.6. Market Attractiveness Analysis

            11.6.1. By Type

            11.6.2. By End-user

            11.6.3. By Country/Sub-region

    12. Latin America Insulin-like Growth Factors (IGFs) Market Analysis and Forecast

        12.1. Introduction

        12.2. Key Findings

            12.2.1. Mechano Growth Factor

            12.2.2. Somatomedin C

            12.2.3. IGF 1

        12.3. Market Value Forecast, by End-user, 2020-2034

            12.3.1. Hospitals

            12.3.2. Medical Centers

        12.4. Market Value Forecast, by Country/Sub-region, 2020-2034

            12.4.1. Brazil

            12.4.2. Mexico

            12.4.3. Rest of Latin America

        12.5. Market Attractiveness Analysis

            12.5.1. By Type

            12.5.2. By End-user

            12.5.3. By Country/Sub-region

    13. Middle East & Africa Insulin-like Growth Factors (IGFs) Market Analysis and Forecast

        13.1. Introduction

        13.2. Key Findings

        13.3. Market Value Forecast, by Type, 2020-2034

            13.3.1. Mechano Growth Factor

            13.3.2. Somatomedin C

            13.3.3. IGF 1

        13.4. Market Value Forecast, by End-user, 2020-2034

            13.4.1. Hospitals

            13.4.2. Medical Centers

        13.5. Market Value Forecast, by Country/Sub-region, 2020-2034

            13.5.1. GCC Countries

            13.5.2. South Africa

            13.5.3. Rest of Middle East & Africa

        13.6. Market Attractiveness Analysis

            13.6.1. By Type

            13.6.2. By End-user

            13.6.3. By Country/Sub-region

    14. Competition Landscape

        14.1. Market Player - Competitive Matrix (by Tier and Size of Companies)

        14.2. Market Share Analysis, by Company (2023)

        14.3. Company Profiles

            14.3.1. Boehringer Ingelheim International GmbH

                14.3.1.1. Company Overview

                14.3.1.2. Product Portfolio

                14.3.1.3. SWOT Analysis

                14.3.1.4. Financial Overview

                14.3.1.5. Strategic Overview

            14.3.2. Genervon Biopharmaceuticals LLC

                14.3.2.1. Company Overview

                14.3.2.2. Product Portfolio

                14.3.2.3. SWOT Analysis

                14.3.2.4. Financial Overview

                14.3.2.5. Strategic Overview

            14.3.3. Ascendis Pharma

                14.3.3.1. Company Overview

                14.3.3.2. Product Portfolio

                14.3.3.3. SWOT Analysis

                14.3.3.4. Financial Overview

                14.3.3.5. Strategic Overview

            14.3.4. Regulaxis SAS

                14.3.4.1. Company Overview

                14.3.4.2. Product Portfolio

                14.3.4.3. SWOT Analysis

                14.3.4.4. Financial Overview

                14.3.4.5. Strategic Overview

            14.3.5. MedImmune, LLC

                14.3.5.1. Company Overview

                14.3.5.2. Product Portfolio

                14.3.5.3. SWOT Analysis

                14.3.5.4. Financial Overview

                14.3.5.5. Strategic Overview

    List of Tables

    Table 01: Global Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Type, 2020-2034

    Table 02: Global Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by End-user, 2020-2034

    Table 03: Global Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Region, 2020-2034

    Table 04: North America Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Country, 2020-2034

    Table 05: North America Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Type, 2020-2034

    Table 06: North America Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by End-user, 2020-2034

    Table 07: Europe Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020-2034

    Table 08: Europe Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Type, 2020-2034

    Table 09: Europe Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by End-user, 2020-2034

    Table 10: Asia Pacific Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020-2034

    Table 11: Asia Pacific Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Type, 2020-2034

    Table 12: Asia Pacific Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by End-user, 2020-2034

    Table 13: Latin America Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020-2034

    Table 14: Latin America Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Type, 2020-2034

    Table 15: Latin America Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by End-user, 2020-2034

    Table 16: Middle East & Africa Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020-2034

    Table 17: Middle East & Africa Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by Type, 2020-2034

    Table 18: Middle East & Africa Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast, by End-user, 2020-2034

    List of Figures

    Figure 01: Global Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) and Distribution (%), by Region, 2023 and 2034

    Figure 02: Global Insulin-like Growth Factors (IGFs) Market Revenue (US$ Mn), by Type, 2023

    Figure 03: Global Insulin-like Growth Factors (IGFs) Market Value Share, by Type, 2023

    Figure 04: Global Insulin-like Growth Factors (IGFs) Market Revenue (US$ Mn), by End-user, 2023

    Figure 05: Global Insulin-like Growth Factors (IGFs) Market Value Share, by End-user, 2023

    Figure 06: Global Insulin-like Growth Factors (IGFs) Market Value Share, by Region, 2023

    Figure 07: Global Insulin-like Growth Factors (IGFs) Market Value (US$ Mn) Forecast, 2020-2034

    Figure 08: Global Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Type, 2023 and 2034

    Figure 09: Global Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Type, 2020-2034

    Figure 10: Global Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by End-user, 2023 and 2034

    Figure 11: Global Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by End-user, 2020-2034

    Figure 12: Global Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Region, 2023 and 2034

    Figure 13: Global Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Region, 2020-2034

    Figure 14: North America Insulin-like Growth Factors (IGFs) Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020-2034

    Figure 15: North America Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Country, 2020-2034

    Figure 16: North America Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Country, 2023 and 2034

    Figure 17: North America Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Type, 2023 and 2034

    Figure 18: North America Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by End-user, 2023 and 2034

    Figure 19: North America Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Type, 2020-2034

    Figure 20: North America Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by End-user, 2020-2034

    Figure 21: Europe Insulin-like Growth Factors (IGFs) Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020-2034

    Figure 22: Europe Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Country/Sub-region, 2020-2034

    Figure 23: Europe Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Country/Sub-region, 2023 and 2034

    Figure 24: Europe Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Type, 2023 and 2034

    Figure 25: Europe Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by End-user, 2023 and 2034

    Figure 26: Europe Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Type, 2020-2034

    Figure 27: Europe Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by End-user, 2020-2034

    Figure 28: Asia Pacific Insulin-like Growth Factors (IGFs) Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020-2034

    Figure 29: Asia Pacific Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Country/Sub-region, 2020-2034

    Figure 30: Asia Pacific Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Country/Sub-region, 2023 and 2034

    Figure 31: Asia Pacific Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Type, 2023 and 2034

    Figure 32: Asia Pacific Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by End-user, 2023 and 2034

    Figure 33: Asia Pacific Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Type, 2020-2034

    Figure 34: Asia Pacific Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by End-user, 2020-2034

    Figure 35: Latin America Insulin-like Growth Factors (IGFs) Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020-2034

    Figure 36: Latin America Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Country/Sub-region, 2020-2034

    Figure 37: Latin America Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Country/Sub-region, 2023 and 2034

    Figure 38: Latin America Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Type, 2023 and 2034

    Figure 39: Latin America Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by End-user, 2023 and 2034

    Figure 40: Latin America Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Type, 2020-2034

    Figure 41: Latin America Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by End-user, 2020-2034

    Figure 42: Middle East & Africa Insulin-like Growth Factors (IGFs) Market Size (US$ Mn) Forecast and Y-o-Y Growth (%), 2020-2034

    Figure 43: Middle East & Africa Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Country/Sub-region, 2020-2034

    Figure 44: Middle East & Africa Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Country/Sub-region, 2023 and 2034

    Figure 45: Middle East & Africa Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by Type, 2023 and 2034

    Figure 46: Middle East & Africa Insulin-like Growth Factors (IGFs) Market Value Share Analysis, by End-user, 2023 and 2034

    Figure 47: Middle East & Africa Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by Type, 2020-2034

    Figure 48: Middle East & Africa Insulin-like Growth Factors (IGFs) Market Attractiveness Analysis, by End-user, 2020-2034

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