The global ossotide market is anticipated to grow at a CAGR of 4.8% during the forecast period (2022- 2028). Ossotide is an effective bone formation compound preparation that has been proved to promote osteoblasts differentiation. The increase in the prevalence of arthritis and bone fracture and the growth of the aged population are some factors that are driving the growth of the global ossotide market. The increase in cases of bone and joint injuries especially in aged people and the rise in the count of obese and weight people are boosting the growth of the market.
The market is segmented based on the type and application. Based on the type, the market is sub-segmented into ossotide tablets and ossotide injection. Ossotide tablets and injections both are used for the treatment of bone fracture, rheumatoid arthritis, and osteoarthritis. Based on the application, the market is sub-segmented into fractures, osteoarthritis, and rheumatoid arthritis. Ossotide injection supports to regulate the serum bone metabolism among patients suffering from femoral intertrochanteric fracture and increase bone mineral density (BMD).
Some major players in the market include Nanjing Xinbai Pharmaceutical Co., Ltd., and Harbin Medisan Pharmaceutical Co., Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Nanjing Xinbai Pharmaceutical Co., Ltd., and Harbin Medisan Pharmaceutical Co., Ltd., among others.
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Global Ossotide Market Report by Segment
By Type
- Ossotide Tablets
- Ossotide Injections
By Application
- Fracture
- Osteoarthritis
- Rheumatoid Arthritis
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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