The global metastatic bone disease market was valued at US$ 12,450.0 Mn in 2017 and is anticipated to reach US$ 24,886.8 Mn by 2026, expanding at a CAGR of 8.1% from 2018 to 2026.
Albany, NY -- (SBWIRE) -- 09/14/2018 -- The metastatic bone disease market is likely to grow at a CAGR of over 8% during the assessment period 2017-2025, according to a new research study added to the repository of Market Research Reports Search Engine (MRRSE). According to the report titled, "Metastatic Bone Disease Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026", a combination of macroeconomic and microeconomic factors will combine to foster growth of the market during the assessment period.
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The research study offers in-depth analysis and insights on the metastatic bone disease market during the course of the forecast period. According to the research study, growing investment in cancer research, combined with stringency in regulatory policies is likely to provide an impetus to growth. The market is likely to witness steady growth on account of emergence of various countries as hubs of medical tourism.
The research study also offers in-depth insights on the regulatory climate influencing the growth of metastatic bone disease treatment market. According to the study, the inclusion of metastatic bone disease treatment under the Medicare Act in the US has created significant opportunities for players in this market. The insurance companies are also offering reimbursement assistance, which has led patients to seek effective treatment for metastatic bone disease treatment during the assessment period.
The research study also offers in-depth analysis on the regional markets in the metastatic bone disease treatment market. According to the report, Asia Pacific is likely to remain one of the most lucrative markets for metastatic bone disease treatment on account of growing medical tourism in the market. The medical tourism market in southeast Asian countries including Thailand, Malaysia, and India has provided an impetus to the growth of the market in the region.
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According to the report, demand for branded drugs for the treatment of metastatic bone disease market is likely to witness growth over generic drugs. The high prices of other related therapeutic procedures, including surgeries and chemotherapy is also likely to create sustained growth opportunities in the metastatic bone disease market.
The comprehensive research study offers in-depth analysis on the competitive landscape in the metastatic bone disease market. According to the research study, the key players in the market including Amgen, Inc., Merck & Co., Inc., F. Hoffmann Du-La Roche Ltd., Novartis AG, Eli Lilly and Company, Bayer AG, Fresenius Kabi AG, BTG plc, Boston Scientific Corporation, and Medtronic are focusing on increase their presence in emerging nations where medical tourism is witnessing an increase.
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