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Metastatic Bone Disease Market 2024 - Growth by Regional Segments, Upcoming Business Strategies, Industry Revenue And Forecast by 2033
Metastatic Bone Disease Market
As per the report, the metastatic bone disease market size has grown strongly in recent years. It will grow from $15.60 billion in 2023 to $17.14 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The metastatic bone disease market size is expected to see strong growth in the next few years. It will grow to $25.04 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%.
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Impact Of Bone Cancer Prevalence On The Metastatic Bone Disease Market
The increasing bone cancer prevalence is expected to propel the growth of the metastatic bone disease market going forward. Bone cancer refers to a malignant tumor that originates in the cells of the bone. The prevalence of bone cancer is driven by genetic factors, radiation exposure, and environmental factors such as exposure to certain chemicals. Bone cancer can lead to metastatic bone disease as cancer cells from the primary tumor spread through the bloodstream or lymphatic system, forming new tumors in other bones. For instance, in 2023, according to the American Cancer Society, a US-based non-profit organization, there were 3,970 new cases of bone and joint cancer reported, showing an increase compared to the 3,910 cases reported in 2022. Therefore, an increasing bone cancer prevalence is driving the growth of the metastatic bone disease market.
Advancements in Targeted Therapies for Metastatic Bone Disease
Major companies operating in the metastatic bone disease market are developing targeted therapies to improve treatment outcomes. Targeted therapies help in metastatic bone disease by precisely targeting cancer cells, minimizing damage to healthy cells, and offering a personalized treatment approach based on individual patients' molecular characteristics. For instance, in March 2022, Novartis AG, a Switzerland-based pharmaceutical company, introduced Zometa (zoledronic acid), a bisphosphonate medication approved for the prevention of skeletal-related events in patients with bone metastases from solid tumors and multiple myeloma. These advancements aim to improve treatment outcomes and quality of life for patients living with metastatic bone disease.
The metastatic bone disease market covered in this report is segmented -
1) By Treatment: Medication, Radiation Therapy, Surgical Intervention, Tumor Ablation Therapy
2) By Origin: Breast, Lung, Thyroid, Kidney, Prostate, Other Origins
3) By End-User: Hospitals, Specialty Clinics, Ambulatory Surgical Centers
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Major companies operating in the metastatic bone disease market are Pfizer Inc., Johnson & Johnson, Roche Holding AG, Merck & Co. Inc., Bayer AG, Sanofi SA, Bristol-Myers Squibb Company, AstraZeneca plc, Novartis AG, GSK plc, Takeda Pharmaceutical Company Limited, Medtronic plc, Eli Lilly and Company, Amgen Inc., Boston Scientific Corporation , Regeneron Pharmaceuticals Inc., Astellas Pharma Inc., Daiichi Sankyo Company Limited, Jazz Pharmaceuticals Inc., Exelixis Inc., BeiGene Ltd., Mylan N.V., Novocure GmbH, Galapagos NV, Telix Pharmaceuticals Limited
Contents of the report:
1. Executive Summary
2. Metastatic Bone Disease Market Report Structure
3. Metastatic Bone Disease Market Trends And Strategies
4. Metastatic Bone Disease Market - Macro Economic Scenario
5. Metastatic Bone Disease Market Size And Growth
…..
27. Metastatic Bone Disease Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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