Global Paget Disease Treatment Market: Introduction
The global paget disease treatment market
is witnessing a continuously changing market dynamics. Much of it
growth stems from the increasing prevalence of paget disease among
people across the world. The rising number of cases related to arthritis
and bone injuries is also leading to a high growth rate of this market.
In
this research report, the global paget disease treatment market has
been thoroughly evaluated, using quantitative and qualitative assessment
techniques. It has estimated the market’s performance over the period
from 2019 to 2027 on the basis of the primary trends and market
dynamics. It also offers precise evaluations of the main segments and
each of the regional markets for paget disease treatment across the
world.
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Global Paget Disease Treatment Market: Notable Developments
The
global paget disease treatment market is highly competitive. Although
it is driven by a few companies only, the continuous research in this
field keep the degree of the competition very high in this market. The
market is witnessing a gradual growth, thanks to the increasing
awareness regarding this disease among people across the world. However,
there is a lack of strong product pipeline in this market and the
leading companies functional in this market are lacking in innovation
and cutting-edge developments.
The
leading players in the global paget disease treatment market are
Novartis AG, Teva Pharmaceutical Industries Ltd., Mylan NV, Neopharma
Inc., Allergan, Sanofi S.A., Fresenius Kabi, Mallinckrodt
Pharmaceuticals, and Sun Pharmaceutical Industries Ltd. These players
are likely to focus on research and development to compete with each
other in the years to come. Going forward, they will involve more in
strategic collaborations to enhance their visibility in the global
market.
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Global Paget Disease Treatment Market Dynamics
Bisphosphonates,
analgesics, calcitonin analogues, and supplements, such as calcium and
vitamin D are the major drug classes for the treatment of paget disease.
Hitherto, the demand for bisphosphonates has been higher. Experts
believe that this scenario will remain so over the next few years, owing
to the reputation of this drug as the first line treatment against this
disease. The efficiency of bisphosphonates in successfully slowing down
the bone remodeling process is also adding to its demand considerably.
Researchers believe that analgesics and supplements, especially vitamin D
and calcium, will also gain impetus in this market over the next few
years to come. The increasing geriatric population base, which is highly
susceptible to this disease, will reflect positively on the demand for
paget disease treatments in the near future.
North America Leads Global Paget Disease Treatment Market
The
global paget disease treatment market mainly reports its presence
across North America, Asia Pacific, Europe, Latin America, and the
Middle East and Africa. Among these, North America has captured the
topmost position, thanks to the increase in research activities, carried
by leading players in this market. Canada and the U.S are leading the
North America paget disease treatment market, whereas, the Asia Pacific
paget disease treatment market is dominated by India, China, and Japan.
The rise in the geriatric population base and the increasing awareness
level among consumers regarding rare orthopedic diseases and their
treatment are supporting this regional market, considerably.
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