Somatostatin Market Outlook 2025: Endocrine Therapy Trends According to a newly published market research report by 24LifeSciences, global somatostatin market was valued at USD 345 million in 2024 and is projected to reach USD 766 million by 2031, growing at a compound annual growth rate (CAGR) of 12.3% during the forecast period 2025-2031. Somatostatin, a critical cyclic peptide hormone, acts as a potent inhibitor of endocrine secretion and is widely distributed throughout the body with significant concentrations in the hypothalamus and pancreas. Its primary function is regulating the endocrine and nervous systems by inhibiting the release of other hormones including growth hormone, insulin, gastrin, and glucagon. Synthetic versions known as somatostatin analogs (SSAs) have become vital therapeutic agents for managing conditions like acromegaly, neuroendocrine tumors (NETs), and severe gastrointestinal bleeding, underpinning their importance in endocrinology and oncology. Download a Free Sample Report (PDF): https://www.24lifesciences.com/download-sample/7457/somatostatin-market