What is Calcitonin Salmon Market?
Calcitonin salmon is used to treat osteoporosis in women who have been through menopause for at least 5 years and are unable or unable to take estrogen products. The increase in the incidence of osteoporosis is primarily due to global population aging. Because of its widespread occurrence, osteoporosis is considered a major public health issue. Calcitonin is a hormone present in humans. Calcitonin Salmon works by increasing bone density and preventing bone breakdown (thickness). Furthermore, the approval of calcitonin salmon for the prevention of postmenopausal symptoms and other therapies is expected to fuel future demand.
The market study is being classified, by Application (Osteoporosis, Paget's Disease and Hypercalcemia) and major geographies with country level break-up.
Novartis AG (Switzerland), Apotex, Inc. (Canada), Mylan Pharmaceuticals (United States), Upsher-Smith Laboratories, Inc. (United States), Ferring Pharmaceuticals (Switzerland), Alkem Laboratories Ltd. (India), Par Pharmaceutical (United States), Torrent Pharmaceuticals Limited (India), Glenmark Pharmaceuticals Limited (India) and Sun Pharmaceutical Industries Ltd. (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are United Biotech (P) Limited (India), FFF Enterprises, Inc (United States) and Shanghai Soho-Yiming Pharmaceuticals (China).
The Calcitonin Salmon 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. The companies are investing robustly in research and development to enhance the medicinal efficiency and effectiveness. Research Analyst at AMA predicts that United States and India Players will contribute to the maximum growth of Global Calcitonin Salmon market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Calcitonin Salmon market by Type, Application and Region.
On the basis of geography, the market of Calcitonin Salmon has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Number of Osteoporosis Patients Globally
- Rising Geriatric Population
Market Trend
- Introduction to Calcitonin Salmon with Minimized Side Effects
Restraints
- Side Effects of Calcitonin Salmon such as Runny Nose, Nosebleed, Sinus Pain
- Easy Availability of Other Medications for the First-line Treatment of Osteoporosis
Opportunities
- Growing Awareness among People about the Growing Healthcare Infrastructure
- Robust amount of Research and Developments Investments in the Global Calcitriol Market
Challenges
- A Large Number of People are not Aware of having Osteoporosis
- Stringent Regulatory Moves across the Globe
In Jan 2021, Purdue University innovators developed a stabilized form of human calcitonin, which is a peptide drug already used for people with osteoporosis. Researchers at Purdue created a prodrug form of the peptide hormone to increase its effectiveness as an osteoporosis treatment.
The Food and Drug Administration (FDA or Agency) has determined that CALCIMAR (calcitonin salmon) Injection, 200 International Units per milliliter (IU/mL), was not withdrawn from sale for reasons of safety or effectiveness. This determination will allow FDA to approve abbreviated new drug applications (ANDAs) for CALCIMAR (calcitonin salmon) Injection, 200 IU/mL, if all other legal and regulatory requirements are met.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Calcitonin Salmon Manufacturer, Calcitonin Salmon Suppliers,Distributiors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industry