Some of the key findings from our rickets treatment market forecast report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from the rickets treatment market report.
Global rickets treatment industry overview
There is a preference for OTC drugs as they can be bought without a prescription. Additionally, the increasing penetration of the Internet that has led to increased awareness about the deficiencies among patients is also encouraging them to prefer OTC medicines. Moreover, these drugs can be purchased without any consultation which has further reduced the need for medical services. This preference for OTC drugs and their high-volume sales is inducing vendors to develop generic and OTC versions of the available drugs rather than developing new drugs for the treatment of rickets. The availability of therapeutics in the form of OTC drugs is one of the key drivers that will contribute to the growth of the rickets treatment market.
The growing adoption of veganism in recent years has led to an increase in the sale of vegan foods. Vegan foods such as soya milk and cereals provide essential nutrients such as vitamin D but are inadequate when compared to animal sources such as dairy and meat. This results in a high risk of cobalamin and calcium deficiency and insufficient levels of vitamin D will increase the prevalence of rickets. With the number of vegan awareness programs held across the globe that are encouraging people to adapt to a vegan diet, there will be an increase in various vitamin and mineral deficiencies. This will subsequently drive the growth of the global rickets market which will register a CAGR of almost 6% during 2019-2023.
Top companies covered in the rickets treatment market research report
The global rickets treatment market is fairly fragmented. To help clients improve their revenue share, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Key insights provided by this rickets treatment market analysis report will help clients create strategies to make the most of future growth opportunities.
The report offers a detailed analysis of several leading companies, including:
- F. Hoffmann-La Roche Ltd
- Merck KGaA
- Novartis AG
- Pfizer Inc.
- Sanofi
Rickets treatment market segmentation based on the type
- Vitamin D-related rickets
- Minerals-related rickets
The vitamin D-related rickets market segment will account for the largest rickets treatment market share over the forecast period. Factors such as poor nutrition and lack of exposure to sunlight that result in the deficiency of vitamin D, drive the demand for vitamin D products. This will subsequently drive the rickets treatment market growth in this segment.
Rickets treatment market segmentation based on geography
- Asia
- Europe
- North America
- ROW
The high prevalence of rickets and the availability of improved diagnostics are driving the market’s growth in the North American region. The presence of countries in the northern latitudes has reduced the UV-B exposure that is essential to produce vitamin D3 in the skin. Moreover, the rising number of immigration in countries such as the US and Canada has increased the prevalence of rickets in the region.
Key highlights of the global rickets treatment market for the forecast years 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the rickets treatment market during the next five years
- Precise estimation of the global rickets treatment market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the rickets treatment industry across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of rickets treatment companies
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