Press release
A Deep Dive into Evenity Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Evenity Market
In recent times, the size of the evenity market has grown substantially, marked by an HCAGR of $XX%. Its worth is projected to rise from $XX million in 2024 to $XX million in 2025, corresponding to a compound annual growth rate (CAGR) of $XX%. This expansion during the historical period is due to factors such as a heightened awareness about osteoporosis and preventing fractures, a surge in the demand for biologic drugs, an ageing population, enhanced diagnostic capabilities, and an increased consumer demand for products that boost bone health.
Predictions indicate that the evenity market will undergo $XX expansion in the ensuing years, escalating to a worth of $XX million by 2029 with a compound annual growth rate (CAGR) of $XX%. Enhanced acceptance of biologics and sophisticated injectables, the growing incidence of osteoporosis, a rise in chronic kidney disease (CKD), an uptick in rheumatoid arthritis cases, and an increase in comorbidity prevalence are all contributing factors to the growth anticipated in this forecast period. Future trends consist of innovations in delivery systems, the inclusion of digital health utilities, the embrace of biosimilars, novel treatment approaches, and technological progression in diagnostic techniques.
What Are the Main Catalysts for Growth in the Evenity Market?
The escalating incidence of osteoporosis is anticipated to fuel the expansion of the evenity market in the future. Osteoporosis, a health condition, is marked by a reduction in bone density and quality which results in weakened, easily fractured bones. This growing prevalence is attributed to an aging demographic with naturally diminishing bone density and inactive lifestyles that deplete skeletal strength. Evenity is delivered via a monthly injection for a period of up to 12 months to address osteoporosis, enhancing bone creation, scaling down bone resorption, and fortifying bones in order to resist fractures. For example, as per a report issued by the UK Parliament in October 2022, a UK governing entity, the direct costs of osteoporotic fractures on the NHS currently surpass $5.8 billion (£4.6 billion), predicted to achieve nearly $7.5 billion (£6 billion) by 2030 due to an aging demographic. Consequently, the escalating incidence of osteoporosis is steering the expansion of the evenity market.
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Which Businesses Are at the Forefront of Evenity Market Development?
Major companies operating in the evenity market include Amgen Inc.; UCB S.A
How Is the Evenity Market Segmented?
The evenity market covered in this report is segmented -
1) By Indication: Postmenopausal Osteoporosis, Osteoporosis In Men
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
3) By End User: Hospitals And Clinics, Specialty Centers, Homecare Settings, Research And Academic Institutions
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Where Is the Evenity Market Growth Most Prominent?
North America was the largest region in the evenity market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the evenity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Is Covered In The Evenity Global Market Report?
- Market Size Analysis: Analyze the evenity Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the evenity market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall evenity market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the evenity market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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