Global Calcitriol Market Overview:
Lack of Vitamin D in the Human Body might cause various health issues such as osteoporosis that affects bone-related diseases as well as osteoporosis that affects the production of parathyroid hormone. To avoid this severe scenario, Vitamin D is provided to the human body with the help of capsules or tablets, which has calcitriol as their primary ingredient. Calcitriol regulated the basic body functions by keeping vitamin D level to equilibrium. These tablets are mainly used for the treatment of osteoporosis and hypocalcemia. It generally does not possess any major side effects but it can cause vomiting, constipation, headache, minor defects in the kidneys, nausea, muscle pain, abdominal pain and many others. According to AMA, the Global Calcitriol market is expected to see growth rate of 4.1% and may see market size of USD485.23 Million by 2025.
Growth Drivers
- Rising Prevalence of Bone-Related Disorders as well as Osteoporosis
- Growing Healthcare Facilities as well as Expenditures on Developing Healthcare Facilities
Market Trends
- Introduction to Calcitrion with Minimized Side Effects
- Increased Instances of Bone-Related Diseases
Roadblocks
- Stringent Regulatory Moves across the Globe
- Complex Intellectual Property Regulations requires Drug Rebranding
Opportunities
- Growing Awareness among People about the Growing Healthcare Infrastructure
- Robust amount of Research and Developments Investments in the Global Calcitriol Market
Challenges
- Skilled Workforce required in Calcitriol Manufacturing
- Expiry of Branded Drugs leading to Increased Wastage Amount
Competitive Landscape:
The calcitriol market is majorly covered by the pharma manufacturing firms. Moreover, manufacturing any drug requires patent registration for the same thus, the threat of new entrants is lower. Moreover, the initial investment is comparatively higher. That will lead to generating moderate competitive rivalry amongst global manufacturers. In addition to this, the demand for vitamin deficiency treatments is always growing leading to increase in overall competition in the market. Some of the dominating players are F. Hoffmann-La Roche Ltd., CP Pharmaceutical Group (United Kingdom), Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., and many others and each of them is investing robustly in research and development to enhance the medicinal efficiency and effectiveness.
Some of the key players profiled in the report are F. Hoffmann-La Roche Ltd. (Switzerland), CP Pharmaceutical Group (United Kingdom), Sun Pharmaceutical Industries Ltd. (India), Teva Pharmaceutical Industries Ltd. (Israel), Hikma Pharmaceuticals PLC (United Kingdom), Cadila Pharmaceuticals (India), Strides Pharma Science Limited (Strides) (India), Glenmark Pharmaceuticals Limited (India), Akorn (United States) and GlaxoSmithKline PLC (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Amneal Pharmaceuticals LLC (United States), Chengdu Yazhong Bio-Pharmaceutical Co., Ltd. (China), Dishman (Netherlands) and Century Pharmaceuticals Ltd. (India). Analyst at AMA Research see Indian and European Players to retain maximum share of Global Calcitriol market by 2025. Considering Market by Distribution Channel, the sub-segment i.e. Offline will boost the Calcitriol market. Considering Market by Form, the sub-segment i.e. Calcitriol Capsule will boost the Calcitriol market. Considering Market by Disease Indication, the sub-segment i.e. Hypoparathyroidism will boost the Calcitriol market.
On 17th January 2019, the United States’ Food and Drug Administration (FDA) has accepted that Roche’s supplemental biologics license application for “Tecentriq” in combination with albumin-bound paclitaxel or nab-paclitaxel and carboplatin for the initial treatment of people with metastatic non-squamous non-small cell lung cancer. Moreover, on 1st November 2018, the European Union has approved ‘Venclyxto plus Mabthera’ for people with previously treated chronic lymphocytic leukemia.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Calcitriol market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Calcitriol market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Calcitriol Manufacturers, Calcitriol Distributors and Traders, Calcitriol Upstream and Downstream Buyers, Pharmaceutical Industries, Government Agencies, Industry Associations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.