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Global Ketoprofen Market Is Expected to Witness a Steady Growth By 2020
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Europe dominates the global market for ketoprofen due to large number of aging population and increasing junk food habits and sedentary lifestyle. Asia is expected to show high growth rates in the next five years in the global ketoprofen market. China and India are expected to be the fastest growing ketoprofen markets in Asia-Pacific region. Some of the key driving forces for ketoprofen market in emerging countries are large pool of patients, increasing healthcare expenditure and rising government funding.
In recent times there is increased use of ketoprofen due to increasing aging population. Increased healthcare expenditure, increasing sedentary lifestyle, increasing prevalence of obesity and increasing prevalence of bone and joint disorders are some of the key factors driving the growth for the global ketoprofen market. In addition, increasing healthcare awareness and increasing number of surgeries are also fuelling the growth of the global ketoprofen market. However, strict regulations for approval of the drug and side-effects of ketoprofen are some the major factors restraining the growth for the global ketoprofen market.
Broaden application of ketoprofen would develop opportunity for the global ketoprofen market. However, introduction of new therapeutic analgesics and herbal products could lead a challenge for the global ketoprofen market.
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Some of the major companies operating in the global ketoprofen market are Sanofi, Hubei Xunda, Boehringer Ingelheim, Schein Pharmaceutical and Zhejiang Jiuzhou.
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