Global Bone Pain Treatment Market – Overview
The pain caused in the bone due to any reason is known as bone pain. Bone pain can occur due to various reasons like accidents or by any diseases conditions. Some time in several conditions, it is difficult to examine the cause of bone pain and so diagnostic methods like CT scan, MRI, bone scanning and many more are implemented.
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According to International Osteoporosis Foundation, globally osteoporosis causes more than 8.9 million fractures annually and resulting in an osteoporotic fracture every 3 seconds. Increasing prevalence of orthopedic diseases and growing aging population across the world is the major reason for the growth of bone pain treatment market.
Global bone pain treatment market is expected to grow at a CAGR of 9.8% during forecasted period 2017-2022.
Cancer has been one of the major reasons for the growth of this market. Usually, when cancer has metastasized to the bone it is categorized by either the breakdown of the bone; osteolytic, the formation of bone; osteoblastic, or both. However, side effects of the drugs and expensive R&D activates has hampered the growth of the market.
Global Bone pain treatment Market – Competitive Analysis
Characterized by the presence of several well-established and small players, the global market of Bone pain treatment appears to be highly competitive and fragmented. With well-established market in the Americas region major companies like
- Eli Lilly and Company
- Amneal Pharmaceuticals LLC
- Amgen, Inc
- Actavis plc
- Pfizer Inc
And various others have their home in the region and generate maximum market share. These companies have expanded their operating unit in various other emerging regions as well.
Global Bone pain treatment Market -Segmentation
Global bone pain treatment is segmented on the basis of condition, into bone cancer, osteoporosis, and infectious diseases and other. Bone cancer is further segmented into primary bone cancer and secondary bone cancer. Primary bone cancer is sub segmented into osteosarcoma, Bone Pain Treatment, and Ewing tumor and other.
On the basis of treatment, the market is segmented into drug treatment, cryosurgery, radiotherapy, surgical treatment. Drug treatment are further segmented into chemotherapeutic agents, NSAIDS, antibiotics, antidepressant and other. And on the basis of end users, they are segmented into hospitals, clinics and other.
Global Bone pain treatment Market – Regional Analysis
Global Bone pain treatment market is segmented on the basis of geographies or regions which mainly includes Americas, Europe, Asia Pacific, and Middle East & Africa. Americas is dominating the global market for bone pain treatment with more than 40% share of the total market in 2016.
The major factors influencing the growth of the market include increasing prevalence of bone cancer and other bones related diseases. In 2016, according to American Cancer Society, approximately 3,450 new cases of bone cancer were diagnose in 2018.
According to Centers for Disease Control and Prevention, approximately 30% individuals with age 65 and above are suffering from osteoporosis. Europe holds the second largest share of the global bone pain treatment market. Asia Pacific is the fastest growing bone pain treatment market across the globe.
The Middle East & Africa holds the least share of the global market due to limited availability of medical facilities. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East & African market. Whereas, the African region is expected to witness a moderate growth.
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Global Bone pain treatment Market -Some Points from TOC
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Bone Pain Treatment Market, By Type
Chapter 7. Global Bone Pain Treatment Market, By Treatment
Chapter 8 Global Bone Pain Treatment Market, By End User
Chapter 9. Global Bone Pain Treatment Market, By Region
Chapter 10 Company Landscape
Chapter 11 Company Profiles
Chapter 12 MRFR Conclusion
Chapter 13 Appendix
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