TechNavio today launched its report Global Musculoskeletal Drugs Market 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Healthcare team said; Patients suffering from musculoskeletal diseases related to central nervous system disorders and autoimmune disorders have been using steroids and immunosuppressants. However, these medications cause serious side effects because they are chemically synthesized. Hence, patients are turning to biologic drugs that not only cause fewer side effects but are also more effective in the treatment of musculoskeletal diseases. Moreover, there has been an increase in the number of biologic drugs entering the Global Musculoskeletal Drugs market.
According to the report, developing countries such as India, China, and those in East Asia and Latin America are the world™s fastest-growing markets, and they are expected to emerge as one the major revenue contributors to the Global Musculoskeletal Drugs market during the next decade. These countries are expected to grow three times faster than the developed markets, and they are driven by many factors such as evolving demographics, rising income, modernization of health systems, and the increasing demand for the treatment of chronic diseases. Thus, the market in the APAC countries is expected to post the highest growth rate in the next few years.
Further, the report also discusses that the availability of alternative treatments for musculoskeletal diseases is a major challenge in the Global Musculoskeletal Drugs market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-musculoskeletal-drugs-market-2011-2015
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