Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Asia Pacific Bone Degeneration Therapeutics Market: By Drug Type, By Route of Administration, By Application, By Distribution Channel and Country
Asia Pacific Bone Degeneration Therapeutics Market is poised to grow at a CAGR of 4.9% from 2022-2029. Bone degeneration is characterized by the deterioration of articular cartilage casing the joints. Cartilage helps to free the movement of joints without friction. Deterioration of the cartilage leads to a reduction in the flexibility of joint movements and causes compressed nerve, inflammation, and pain. Bone degeneration majorly occurs due to congenital disorders, injuries, diabetes, and obesity among others. Symptoms associated with bone degeneration include joint stiffness, numbness in the case of bone spurs, pain in the back, and joint inflammation. Stringent regulatory policies for product approval, High cost of treatment, and Less number of existing drugs, and limited treatment options available in the market are restraints of the Asia Pacific Bone Degeneration Therapeutics Market.
Increase in the prevalence of diabetes and obesity, Drug approvals for bone degeneration therapeutics combined with patent expiries of block buster drugs and Adoption of newer drugs for bone degeneration therapy are driving Asia Pacific Bone Degeneration Therapeutics Market.
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2023 is the base year and 2030 is the forecast year.
The report covers the asia pacific bone degeneration therapeutics market data: China, India, Japan, Australia and New Zealand
The asia pacific bone degeneration therapeutics market key players are Fate Therapeutics, Amgen, Inc., Regenexx, Kaken Pharmaceutical Co., Ltd.
Key Market Players