Press release
Bone Degeneration Therapeutics Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023
Bone Degeneration Therapeutics Market
Market Outline: Bone Degeneration Therapeutics Market
Bone degeneration is characterized by the deterioration of articular cartilage casing the joints. Cartilage provides helps to free movement of joint without friction. Deterioration of the cartilage leads to the reduce in flexibility of joint movements and causes compressed nerve, inflammation, and pain. Bone degeneration is majorly occurs due to congenital disorders, injuries, diabetes, and obesity among others. Symptoms associated with bone degeneration include joint stiffness, numbness in case of bone spurs, pain in back, and joint inflammation.
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Market Dynamics: Bone Degeneration Therapeutics Market
Drivers
• Increase in the prevalence of diabetes and obesity
• Drug approvals for bone degeneration therapeutics combined with patent expiries of block buster drugs
• Strong pipeline products
Restraints
• Stringent regulatory policies for product approval
• High cost of treatment
• Less number of existed drugs and limited treatment options available in the market
Market Scope: Bone Degeneration Therapeutics Market
Global bone degeneration therapeutics market is segmented on the basis of drug type, rout of administration, application, distribution channel, and region
Based on the drug type, bone degeneration therapeutics market is segmented into the following:
• Hyaluronic acid
• Platelet rich plasma
• Steroids and cortisone
• Others
Based on the route of administration, bone degeneration therapeutics market is segmented into the following:
• Oral
• Parenteral
Based on the application, bone degeneration therapeutics market is segmented into the following:
• Osteopenia
• Osteoporosis
• Spinal fusion
Based on the distribution channel, bone degeneration therapeutics market is segmented into the following:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
Based on the region, This market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Competition Assessment: Bone Degeneration Therapeutics Market
Some of the players in the global bone degeneration therapeutics market include:
• Fate Therapeutics (U.S.)
• Amgen, Inc. (U.S.)
• Regenexx (U.S.)
• Bone Therapeutics SA (Belgium)
• Se-cure Pharmaceuticals, Ltd. (Israel)
• Kaken Pharmaceutical Co., Ltd. (Japan)
• Flexion Therapeutics, Inc. (U.S.)
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Notable Market Developments: Bone Degeneration Therapeutics Market
• In October 2017, Flexion Therapeutics received FDA approval for Zilretta used in the treatment of osteoarthritis knee pain
Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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