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2023 Vitamin D Therapy Market Report: Size, Share, Price, Trends, Growth And Detailed Analysis, Forecast To 2032
Vitamin D Therapy Market
Vitamin D Therapy Market Size, Growth Rate, And Forecast
The global vitamin D therapy market is expected to grow from $2.34 billion in 2022 to $2.62 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The vitamin D therapy market is expected to grow to $4.09 billion in 2027 at a CAGR of 11.7%.
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Vitamin D Therapy Market Drivers
An increased prevalence of malnutrition cases is expected to propel the growth of the vitamin D therapy market going forward. Malnutrition refers to deficiencies or excesses in nutrient intake, imbalances of essential nutrients, or impaired nutrient utilization. Vitamin D deficiency is highly prevalent in the population of malnourished inpatients and is negatively associated with long-term mortality, particularly when patients are not receiving vitamin D treatment. Thus, the increased prevalence of malnutrition cases creates demand for vitamin D therapy.
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Vitamin D Therapy Market Segments
1) By Administration: Oral, Parenteral
2) By Purchasing: OTC Drugs, Prescription Grugs
3) By Age Group: Children, Adults, Senior Adults
4) By Application: Osteoporosis, Rickets, Skin Diseases, Muscle Weakness, Autoimmune Disorders
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Vitamin D Therapy Market.
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Vitamin D Therapy Market Key Players
Major competitors in the Vitamin D Therapy Market include Abbott Laboratories, Sanofi SA, Glaxo Smith Kline, Pfizer Inc., Merck and Co. Inc., Torrent Pharmaceuticals Ltd., Novartis International AG, Alkem Laboratories, Sun Pharmaceutical Industries Ltd., Cadila Healthcare Ltd., Biotics Research Corporation, Solvay Pharma India Pvt. Ltd., Forgo Pharmaceuticals Ltd., Mankind Pharmaceuticals Pvt. Ltd., and Cipla Ltd
The Business Research Company's "Global Vitamin D Therapy Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Vitamin D Therapy Market Include:
1. Executive Summary
2. Vitamin D Therapy Market Characteristics
3. Vitamin D Therapy Market Trends And Strategies
4. Vitamin D Therapy Market - Macro Economic Scenario
5. Vitamin D Therapy Market Size And Growth
.......
26. Africa Vitamin D Therapy Market
27. Vitamin D Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vitamin D Therapy Market
29. Vitamin D Therapy Market Future Outlook and Potential Analysis
30. Appendix
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