Press release
Comprehensive Evenity Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Evenity
The escalating incidence of osteoporosis is anticipated to fuel the expansion of the Evenity market. This medical condition is characterized by a decrease in the density and quality of bone, causing them to become weak and more susceptible to fractures. Factors such as an aging population, which naturally has decreasing bone density, and sedentary lifestyles, which compromise skeletal strength, are contributing to the rising prevalence of osteoporosis. Evenity is used monthly for up to a year to treat osteoporosis; it strengthens bone by enhancing formation, reducing resorption, and preventing fractures. For instance, a report by the UK Parliament in October 2022 disclosed that osteoporotic fractures are imposing over $5.8 billion (£4.6 billion) in direct costs on the NHS. These costs are projected to rise to around $7.5 billion (£6 billion) by 2030 due to the aging population. Therefore, the escalating incidence of osteoporosis is facilitating the growth of the Evenity market.
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What is the projected compound annual growth rate (CAGR) of the evenity market from 2025 to 2034, and what factors influence it?
The evenity market has recently seen a size growth of XX (HCAGR). The forecasted expansion is from $XX million in 2024 to $XX million in 2025, which translates to a compound annual growth rate (CAGR) of XX%. This growth trend in the past can be associated with a greater understanding of osteoporosis and fracture prevention, the rising demand for biologic drugs, a growing elderly population, enhanced diagnostic abilities, and an increased demand for bone health products.
In the coming years, the evenity market is projected to witness an influx amassing to XX (FCAGR). By 2029, it's anticipated to escalate to a hefty $XX million with a compound annual growth rate (CAGR) of XX%. The upswing during the predicted period can be credited to the escalating acceptance of biologics and state-of-the-art injectables, a rise in osteoporosis cases, an increased prevalence of chronic kidney disease (CKD), a surge in cases of rheumatoid arthritis, and a more frequent occurrence of comorbidities. Throughout the forecasted period, major trends expected to prevail include advancements in delivery systems, the incorporation of digital health tools, the shift towards biosimilars, groundbreaking therapeutic approaches, and cutting-edge breakthroughs in diagnostics.
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What are the major segments of the evenity market and their role in driving growth?
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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Which regions are key players in the growth of the evenity market?
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.
Who are the key firms paving the way for growth in the evenity market?
Major companies operating in the evenity market include Amgen Inc.; UCB S.A
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What Is Covered In The Evenity Global Market Report?
•Market Size Forecast: Examine the evenity market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the evenity market for a structured understanding.
•Key Players Overview: Analyze major players in the evenity market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the evenity market.
•Segment Contributions: Evaluate how different segments drive overall growth in the evenity market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the evenity market.
•Industry Challenges: Identify potential risks and obstacles affecting the evenity market.
•Competitive Landscape: Review strategic developments in the evenity market, including expansions, agreements, and new product launches.
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