Calcitonin (salmon) Market was valued at USD 234.9 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2028.
Calcitonin is a hormone that is naturally produced by the thyroid gland in humans and animals. However, synthetic calcitonin derived from salmon is also used as a medication to treat conditions such as osteoporosis and Paget’s disease of bone.
The market for calcitonin (salmon) is relatively small compared to other pharmaceuticals, but it has seen steady growth over the years.
One of the key factors driving the growth of the calcitonin market is the increasing prevalence of osteoporosis and other bone-related diseases. As the population ages, there is a growing demand for effective treatments for these conditions, and calcitonin has been shown to be an effective therapy.
Another factor contributing to the growth of the calcitonin market is the increasing use of the hormone in veterinary medicine. Calcitonin is used to treat hypercalcemia (high levels of calcium in the blood) in dogs, and there is a growing demand for the hormone in this field.
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Market Segmentations:
Global Calcitonin (salmon) Market: By Company
- Novartis
- Abcam
- Sanofi Aventis
- Mylan Pharmaceuticals
- Sebela Pharmaceuticals
- Sandoz
- Ferring Pharmaceuticals
- Apotex Corporation
- Par Pharmaceutical
- Upsher Smith Laboratories
Global Calcitonin (salmon) Market: By Type
- Spray
- Injection
Global Calcitonin (salmon) Market: By Application
- Hospitals
- Clinics
Global Calcitonin (salmon) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Calcitonin (salmon) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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- The research contains a wealth of data, including market dynamics and opportunities throughout the forecast period.
- Data at the regional, sub-regional, and national levels also provides information on the market’s supply and demand dynamics.
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