Global Sarcopenia Market Overview –
That in the year 2030, it is predict that the value of the global sarcopenia market will reach $4,700 million, and it is anticipate that it will develop at a compound annual growth rate (CAGR) of more than 6 percent during the forecast period from 2021-2030.
As people get older, they experience a gradual loss of skeletal muscle mass and tissue, which can lead to a condition known as sarcopenia. Sarcopenia is characterize by a loss of muscular mass, relative weakness, a lack of stamina, and difficulty ascending stairs, to name just a few of its symptoms. In addition to the amount of exercise performer and the presence of other medical conditions, there are other factors that influence muscle loss. The effects of sarcopenia can be detrimental to one’s quality of life and can result in disability. The natural process of ageing results in a loss of both muscle strength and muscle mass.
Impacts of the COVID-19 Pandemic –
Over the past 18 months, nearly every industry has been adversely affecter. As a result of numerous precautionary lockdowns and other limitations impose by regulatory agencies around the world, their production and supply-chain operations were severely disrupter. The global Sarcopenia market is the same.
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As a result, consumer demand has decrease as people are now more concerns about cutting non-essential expenses from their budgets, as the general economic condition of most people has been adversely affecter by this outbreak. The worldwide Sarcopenia market’s revenue trajectory is predicter to be negatively impacts by these factors throughout the forecast period. When these restrictions are lifter, the Sarcopenia market is projects to recover as well.
Market Dynamics –
Increase ageing and obesity will lead the sarcopenia treatment industry to develop. The emergence of new therapeutic options for sarcopenia is being fueler by a variety of circumstances, including the absence of a long-term cure and a shift in disease management.
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Competitive Landscape –
The competitive landscape of the sarcopenia treatment market includes facts pertaining to each competitor. The sarcopenia therapy market is the sole subject of the data points presente above, which are only relevant to the focus of the companies.
The prominent players profiled in the global sarcopenia treatment market are –
Abbott Laboratories
Pfizer Inc.
Eli Lilly Company
Bayer AG
Sanofi S.A.
GlaxoSmithKline plc
Novartis
Cadila Healthcare
Amway
By Type –
Protein Supplement
Vitamin D & Calcium Supplement
Vitamin B12 Supplement
By Applications –
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Hypermarket & Supermarket
By Regions –
North America
Europe
Asia Pacific
Latin America
MEA
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