Global Vitamin D Therapy Market Projected To Reach About USD 3.8 Billion By The End Of 2025

22-Jun-2020 | Zion Market Research

According to analysts from Zion Market Research, The global vitamin D therapy market is estimated to attain USD 3.8 billion by the end of 2025 from USD 1.9 billion of 2019, progressing at a CAGR 11.6%. The growth across this market is chiefly carried by the rising awareness regarding vitamin D deficiency and the existence of a large patient population. On the contrary, the strengthening of foods is expected to challenge the development of this market.

Global Vitamin D Therapy Market Size

Some of the top players in this market are Pfizer Inc., GlaxoSmithKline plc, Abbott, Sanofi, Novartis International AG, Torrent Pharmaceuticals Ltd., Cadila Healthcare Ltd., Alkem Laboratories, Merck & Co., Inc., and Sun Pharmaceutical Industries Ltd. Abbott is the leading player in the vitamin D therapy market. It has a robust foothold across the market. Abbott has a good brand reputation and a wide distribution network amongst end users. The firm’s solid presence and broader distribution channels worldwide have helped it in maintaining its leading status in the market. In regards to strengthen its spot in the market, the firm extensively invests in research & development activities. During 2018, the firm spent USD 2.30 billion in development activities in comparison to USD 2.26 billion in 2017.

Oral Route Of Administration Likely To Boost The Growth Of The Vitamin D Therapy

The global vitamin D therapy market’s oral route of administration is expected to report the maximum share and highest CAGR in the forecasted period. This can be credited to the ease of administration, better pharmacodynamic & pharmacokinetic activity, reduced chance of toxicity, surged patient compliance, and high inclination for the oral route. The rising use of vitamin D for osteoporosis is expected to prompt market development during the forecasted period.

The global vitamin D therapy market is divided based on the route of administration, purchasing pattern, application, age group, and the region. On the basis of the route of administration, the market is divided into the parenteral route and oral route. By purchasing patterns, the market is divided into OTC drugs and prescription drugs. By applications, the market is divided into rickets, osteoporosis, muscle weakness, skin diseases, autoimmune disorders, and other applications. Based on the age group, the market is divided into adults, children, and senior adults.

The Asia Pacific Region To Develop At The Highest Pace In The Estimated Period 2019–2025

Based on geographical analysis, the global vitamin D therapy market is divided into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. The Asia Pacific ruled the market during 2018 and is anticipated to record the highest CAGR in the predicted period. The development in the Asia Pacific region is mainly driven by the surging awareness concerning vitamin D deficiency and contributing administrative regulations and programs for the execution of vitamin D deficiency treatment plans, sedentary lifestyles, heavy air pollution, elevating incidence of vitamin D deficiency, decreasing sun exposure, atypical diets, and surging malnutrition levels.

Browse the full “Global Vitamin D Therapy Market - By Route of Administration (Oral and Parenteral), by Purchasing Pattern (OTC Drugs and Prescription Drugs), by Application (Osteoporosis, Rickets, Skin Diseases, Muscle Weakness, Autoimmune Disorders, and Others), by Age Group (Children, Adults, and Senior Adults), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/vitamin-d-therapy-industry

The global vitamin D therapy market is segmented as follows:

Based on the application:

  • Osteoporosis
  • Rickets
  • Skin Diseases
  • Muscle Weakness
  • Autoimmune Disorders
  • Other Applications

Based on the route of administration:

  • Oral Route
  • Parenteral Route

Based on the purchasing pattern:

  • OTC Drugs
  • Prescription Drugs

Based on age group:

  • Children
  • Adults
  • Senior Adults

Based on Region:

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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