Bone Biology Market Key Trends and Forecast Research Report 2025
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Based on bone disease, the global bone biology market can be divided into osteoporosis, arthritis, hypocalcaemia, and bone fracture. The osteoporosis segment is growing at a faster rate than the other segments. Rising geriatric population is the leading factor restraining the market. In terms of test type, the bone biology market can be segmented into alkaline phosphatase test, x ray, CT scan, and bone mineral density test. The bone mineral density test and x-ray test segment account for significant market share. The market is driven by rising prevalence’s of accidents and intake of calcium deficiency diet which lead to bone fracture and low calcium density in the bone. Increasing trend of inactive lifestyle, rising geriatric population and obesity are factors that likely to boost market growth. The side-effects and complications such as nausea, ulcer in stomach and irritable bowel syndrome associated with administration of drugs are factors expected to hamper the growth of the global market.
Geographically, North America is expected to be the largest market for bone biology globally. This is attributed to rising geriatric population and increasing awareness about bone disease such as osteoporosis. Osteoporosis takes a huge personal and economic toll. In Europe, the disability due to osteoporosis is greater than that caused by cancers (with the exception of lung cancer) and is comparable or greater than that lost to a variety of chronic non communicable diseases, such as rheumatoid arthritis, are likely to drive the market in Europe. Moreover, according to International Osteoporosis Foundation (IOF) and the European Federation of Pharmaceutical Industry Associations (EFPIA), the annual number of fractures in the European union will rise from 3.5 million in 2010 to 4.5 million in 2025, corresponding to an increase of 28%.However, the market in Asia-Pacific is expected to witness the highest growth during the forecast period. This is due rising geriatric population, increasing healthcare expenditure, and large patient’s pools. Changing lifestyle, increasing awareness about osteoporosis and improving economy structure are likely to drive the market of bone biology in Middle East & Africa.
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Pfizer, Inc.,Eli Lily and Company,F. Hoffmann La Roche,Novartis Ag,Merck & Co., Inc.,Radius Health, Inc.,Teva Pharmaceutical Industries Ltd. and GlaxoSmithKline Plc are key pharmaceutical company operating in the bone biology market.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
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