Global bone metastasis market is expected to grow significantly during the forecast period of 2018 to 2025 at a CAGR of 8.5%. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Some of the major players operating in the global bone metastasis market are Bayer AG, Merck & Co., Inc., Pfizer Inc., Novartis AG, Pharmalucence Inc., Koninklijke Philips N.V., GE Healthcare, Siemens AG, Amgen Inc, Catena Pharmaceuticals, Eli Lilly, Pfizer Inc. among others.
Further, Bone Metastasis Market report puts light on the company market share analysis and key company profiles which are the major aspects of competitive analysis. The report gives explanation on the specific and up to date information about the consumer’s demands, their preferences, and their variable likings for particular product. This information not only aids businesses in taking sound and proficient decisions but also helps decide the advertising, promotion, marketing and sales strategy more gainfully. In the Bone Metastasis Market business research report, competitor strategies are also analysed in regard of their recent developments, new product launches, joint ventures, mergers and acquisition which helps to guess the scope of improvement for the client business.
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Market Definition: Global Bone Metastasis Market
Bone metastasis occurs due to invasion of primary tumor in bones. Breast, prostate and lung cancers are most likely to spread to the bone. Bone cancer and bone metastases are not the same. In primary bone cancers the primary tumor actually starts in the bone but in case of bone metastasis, cancer originates from the primary tumor and then relocates to the bone. Bone metastases cause severe pain, spinal cord compression, decreased mobility, hypercalcemia, anemia and spinal instability.
According to WHO, in low- and middle-income countries 70.0% of deaths occurs due to cancer. Most common sites for metastasis include upper arm bone, the skull, hip bone, upper leg bone, ribs and spine. Metastatic bone tumor is hard to cure but its growth and symptoms can be stopped or slowed down with proper treatment. . Bone metastasis is the third most common condition in metastatic cancers and occurs in 60-65% of patients with metastatic cancers. As per a paper published in NCBI, in 2008 approximately 280,000 US adults were living with metastatic bone disease.
The probability of bone complications is greatest in patients with bone-only disease (81.0%) compared to patients with extra osseous first recurrences (21.0%). UBM Medica, LLC conducted trials on metastatic patients, results showed that 45.0% – 75.0% patients developed functional disability every 3-4 months, 10.0% -15.0% patients developed hypercalcemia and 10.0% -20.0% patients developed long bone fractures. As per the health report survey 2.0% of total population is suffering from bone metastasis. As per a paper published in GM journal, 70.0% of prostate and breast cancer patients during the course of their disease and 40.0% of lung, renal cell and thyroid cancer patients may develop bone metastasis.
Major Market Drivers and Restraints:
- Rising prevalence of cancer
- Increasing geriatric population
- Rising healthcare expenditures
- Lack of healthcare services in low-income countries
- High treatment cost
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Market Segmentation: Global Bone Metastasis Market
- The global bone metastasis market is segmented based on type, diagnosis, treatment, end user and geographical segments.
- Based on type, the global bone metastasis market is segmented into osteolytic bone metastasis, osteoblastic bone metastasis, mixed bone metastasis, and others.
- The global bone metastasis market is segmented into biopsy, blood test, imaging, and others on the basis of diagnosis. Imaging segment is further sub-segmented into X-ray, bone scintigraphy, computerized tomography, magnetic resonance imaging, positron emission tomography and others.
- On the basis of treatment, global bone metastasis market is segmented into medical therapies, surgical treatment, medication, and others. Medical therapies are further sub segmented into chemotherapy, targeted therapy, hormone therapy, ablation therapy, external radiation therapy and immunotherapy. Ablation therapy is again segmented into cryoablation and radiofrequency ablation. Medication segment is sub-segmented into pain medications, bone building medications, and others. Surgical treatment is further segmented into osteoplasty and orthopedic fixation.
Competitive Analysis: Global Bone Metastasis Market
The global bone metastasis market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bone metastasis market for global, Europe, North America, Asia Pacific and South America.
Research Methodology: Global Bone Metastasis Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others
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