Excellent growth of Avascular Necrosis Market- Comprehensive study by key players: Bayer Healthcare AG, Sanofi, Boehringer Ingelheim GmbH, Pfizer Inc, Merck KGaA, Stryker Corporation, Medtronic PLC & More

Avascular Necrosis Market Overview :

Avascular necrosis is the death of the bone tissue due to a lack of blood supply and is also known as osteonecrosis. Avascular necrosis can lead to tiny breaks in the bone, and this eventually leads to the collapsing of bones. This condition is most common in individuals between the ages of 30 and 50. In recent years, the occurrences of avascular necrosis have increased as a result of which the demand for therapeutic surgeries has also increased. This leads to an increase in market growth. The prevalence of avascular necrosis has increased in recent years. The condition also accompanies diseases such as cancer which would have a similar medical condition. According to a study published in the Journal of the Korean Association of Oral and Maxillofacial Surgeons in 2016, the prevalence of bisphosphonate-related necrosis was estimated to be about 2.6% in 2013. The growing cases of bisphosphonate-related necrosis have spurred the growth of the market.

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The global avascular necrosis market is expected to reach a market value of USD 1087.1 million by 2024 from USD 699.6 million in 2017 and is expected to register a CAGR of 6.58% during the forecast period from 2018 to 2024. In 2016, the Americas held the highest share of the market at 36.4%, followed by Europe and Asia-Pacific with shares of 26.7% and 24.9%, respectively. The increasing burden of bone disorder in different parts of the world is expected to increase the growth of the market during the forecast period.  

Key Findings:

The global avascular necrosis market is expected to reach USD 1087.1 million by 2023 at a CAGR of 6.58 % from 2018 to 2024
On the basis of type, avascular necrosis accounted for the largest market share at a CAGR of 6.20% in 2017
The Americas is expected to hold the largest share of the global avascular necrosis market at a CAGR of 6.32% by 2024.
Asia-Pacific is the fastest growing market, which is expected to register a CAGR of 6.90% by 2024
Key Players:

Bayer Healthcare AG, Sanofi, Boehringer Ingelheim GmbH, Pfizer Inc, Merck KGaA, Stryker Corporation, Medtronic PLC, Aurobindo Pharma, Integra Life Sciences Corporation, Zimmer Biomet Holdings, Wright Medical Group N.V., Grifols SA, Smith & Nephew, and Ethicon Inc.

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With this Avascular Necrosis market report, all the participants and the vendors will be in aware of the growth factors, shortcomings, threats, and the lucrative opportunities that the market will offer in the near future.  The report also features the revenue; industry size, share, production volume, and consumption in order to gain insights about the politics and tussle of gaining control of a huge chunk of the market share.

The report has been collated on the basis of synthesis, analysis, and interpretation of data accumulated with regards to the parent market from various resources. The data and information in this report has been collected by using primary and secondary research methodologies, in order to provide a holistic view of the Avascular Necrosis market. Additionally, an in-house study has been made of the global economic conditions and other economic indicators and factors to evaluate their respective impact on the market, along with the present impact, so as to make strategic and informed forecasts about the scenarios in the market.

Most of the players operating in this Avascular Necrosis market are making efforts to grow their market footprint, by focusing on product diversification and development, subsequently making them acquire a larger share of the market. Development in different countries to drive growth and increase product sales is also considered as one of the major strategies undertaken by the key players operating in the global Avascular Necrosis market. This is primarily because of the untapped potentials present in the developing nations, in terms of product pricing and revenue generation.

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