The vitamin D therapy market is set to reach US$ 4,721.9 Mn by 2027 from US$ 1,919.4 Mn in 2018 showcasing spectacular growth at a compounded annual growth rate (CAGR) of 10.6% during the forecast period from 2019 to 2027. As per the research findings of International Osteoporosis Foundation (IOF), one in three women and one in five men above the age of 50 years is prone to suffer with fracture during their lifetime. Malnourishment, increasing consumption of alcohol & tobacco and hormonal imbalance are causing bone and skin disorders associated with vitamin D deficiency.
"Excellent pharmacokinetic and pharmacodynamic drug profile will help parenteral route to register faster growth"
Oral route of administration is reigning the vitamin D therapy market in the present scenario. It is very popular in children due to ease of administration and formulated in different sizes and colors which increases its external aesthetic appeal hence increasing its palatability in childrens. It is also beneficial in improving vitamin D levels in adults with no systemic illness. Parenteral route are gaining traction on account of its inherent features such as excellent pharmacokinetic and pharmacodynamic drug profile useful in elderly patients suffering with impaired vitamin D absorption via the gastrointestinal tract.
"Increasing consumption of diet deficient in vitamin D & calcium and hormonal imbalance causes osteoporosis with progressive ageing in humans"
Osteoporosis is currently dominating the applications segment for vitamin D therapy market. As per the latest statistics provided by International Osteoporosis Foundation (IOF), globally osteoporosis causes 8.9 million bone fracture occurring at every 3 seconds. The risk factors associated with osteoporosis is increasing consumption of diet efficient in calcium and Vitamin D and hormonal imbalance with progressive ageing in humans. The occurrence rate is high in female as compared to the male population. Malnutrition is causing rickets in children at an early age in the developing and poor countries. Skin disease are garnering huge traction on account of huge deletion of ozone layers causes the harmful UV radiation to skin surface depleting keratinocytes useful in Vitamin D3 synthesis in skin. Skin inflammatory diseases such as atopic dermatitis and psoriasis are associated with depleting levels of skin vitamin D levels.
"Rising prevalence of osteoporosis & low bone mass and increasing public health awareness drive the market growth in North America region"
North America is currently representing 33% market share in the regional segment for vitamin D therapy market. The major factors influencing its market growth are rising prevalence of osteoporosis and low bone mass. According to the research findings brought forward by National Osteoporosis Foundation (NOF), approximately one half of the total adult population in the United States is suffering with osteoporosis. Increasing public health awareness in the region will further propel the market growth. Europe is in the second place holding 30% market share owing to rising prevalence of skin disorders associated with low serum cholecalciferol levels. Favorable reimbursement scenario associated with vitamin D therapy consolidates the market growth in European Region. Asia Pacific accounts for 20% market share primarily due to rising prevalence of malnutrition in children causing rickets at an early age. Presence of major players such as GlaxoSmithkline, Plc., Torrent Pharmaceuticals Ltd., Cadila Healthcare, Alkem Laboratories etc. drive the market growth in Asia Pacific region.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2019 to 2027.
The market segmentation for the scope of report is done as by route of administration, application and geography.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2017-2027 |
Base Year | 2018 |
Forecast Period | 2019-2027 |
Historical Year | 2017 |
Unit | USD Million |
Segmentation |
By Route of Administration (2017–2027; US$ Mn) |
By Application (2017–2027; US$ Mn) |
|
Geography Segment (2017–2027; US$ Mn) |
Pharmaceutical companies providing vitamin D therapy are Abbott Laboratories, Inc., Alkem Laboratories, Cadila Healthcare Ltd., GlaxoSmithkline, Plc., Merck & Co., Inc., Novartis AG, Pfizer, Inc., Sanofi S.A., Sun Pharmaceutical Industries Ltd. and Torrent Pharmaceutical Ltd.
Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation
Chapter 2. Executive Summary
2.1. Global VDT Market Portraiture
2.2. Global VDT Market, by Route of Administration, 2018 (US$ Mn)
2.3. Global VDT Market, by Application, 2018 (US$ Mn)
2.4. Global VDT Market, by Geography, 2018 (US$ Mn)
Chapter 3. Vitamin D Therapy (VDT) Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2018
3.6. Competitive Analysis: Global VDT Market, by Key Players, 2018
Chapter 4. Global Vitamin D Therapy (VDT) Market, by Route of Administration
4.1. Overview
4.2. Oral
4.3. Parenteral
Chapter 5. Global Vitamin D Therapy (VDT) Market, by Application
5.1. Overview
5.2. Osteoporosis
5.3. Rickets
5.4. Autoimmune Disorder
5.5. Skin Disease
Chapter 6. Global Vitamin D Therapy (VDT) Market, by Geography
6.1. Overview
6.2. North America VDT Market Analysis, 2017 – 2027
6.2.1. North America VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
6.2.2. North America VDT Market, by Application, 2017 – 2027 (US$ Mn)
6.2.3. North America VDT Market, by Country, 2017 – 2027 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe VDT Market Analysis, 2017 – 2027
6.3.1. Europe VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
6.3.2. Europe VDT Market, by Application, 2017 – 2027 (US$ Mn)
6.3.3. Europe VDT Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific VDT Market Analysis, 2017 – 2027
6.4.1. Asia Pacific VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
6.4.2. Asia Pacific VDT Market, by Application, 2017 – 2027 (US$ Mn)
6.4.3. Asia Pacific VDT Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.4.3.1. China
6.4.3.2. Japan
6.4.3.3. Rest of Asia Pacific
6.5. Latin America VDT Market Analysis, 2017– 2027
6.5.1. Latin America VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
6.5.2. Latin America VDT Market, by Application, 2017 – 2027 (US$ Mn)
6.5.3. Latin America VDT Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East and Africa VDT Market Analysis, 2017 – 2027
6.6.1. MEA VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
6.6.2. MEA VDT Market, by Application, 2017 – 2027 (US$ Mn)
6.6.3. MEA VDT Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA
Chapter 7. Company Profiles
7.1. Abbott Laboratories, Inc.
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. Alkem Laboratories
7.3. Cadila Healthcare Ltd.
7.4. GlaxoSmithkline, Plc.
7.5. Merck & Co., Inc.
7.6. Novartis AG
7.7. Pfizer, Inc.
7.8. Sanofi S.A.
7.9. Sun Pharmaceutical Industries Ltd.
7.10. Torrent Pharmaceuticals Ltd.
* VDT - Vitamin D Therapy
TABLE 1 : Global Vitamin D Therapy (VDT) Market Portraiture
TABLE 2 : Global VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
TABLE 3 : Global VDT Market , by Application, 2017 – 2027 (US$ Mn)
TABLE 4 : Global VDT Market, by Geography, 2017 – 2027 (US$ Mn)
TABLE 5 : North America VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
TABLE 6 : North America VDT Market, by Application, 2017 – 2027 (US$ Mn)
TABLE 7 : North America VDT Market, by Country, 2017 – 2027 (US$ Mn)
TABLE 8 : Europe VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
TABLE 9 : Europe VDT Market, by Application, 2017 – 2027 (US$ Mn)
TABLE 10 : Europe VDT Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 11 : Asia Pacific VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
TABLE 12 : Asia Pacific VDT Market, by Application, 2017 – 2027 US$ Mn)
TABLE 13 : Asia Pacific VDT Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 14 : Latin America VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
TABLE 15 : Latin America VDT Market, by Application, 2017 – 2027 (US$ Mn)
TABLE 16 : Latin America VDT Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 17 : Middle East and Africa VDT Market, by Route of Administration, 2017 – 2027 (US$ Mn)
TABLE 18 : Middle East and Africa VDT Market, by Application, 2017 – 2027 (US$ Mn)
TABLE 19 : Middle East and Africa VDT Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 20 : Abbott Laboratories, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 : Alkem Laboratories: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 : Cadila Healthcare Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 : GlaxoSmithkline, Plc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 : Merck & Co., Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 : Novartis AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 : Pfizer, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 : Sanofi S.A.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 : Sun Pharmaceutical Industries Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 : Torrent Pharmaceuticals Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
FIG. 1 : Vitamin D Therapy (VDT) Market: Research Methodology
FIG. 2 : VDT: Market Segmentation
FIG. 3 : Global VDT Market, by Route of Administration, 2018 (US$ Mn)
FIG. 4 : Global VDT Market, by Application, 2018 (US$ Mn)
FIG. 5 : Global VDT Market, by Geography, 2018 (US$ Mn)
FIG. 6 : Attractive Investment Proposition: by Geography, 2018
FIG. 7 : Competitive Analysis: Global VDT Market, by Key Players, 2018
FIG. 8 : Global Oral Route of Administration Market for VDT, 2017 – 2027 (US$ Mn)
FIG. 9 : Global Parenteral Route of Administration Market for VDT, 2017 – 2027 (US$ Mn)
FIG. 10 : Global Osteoporosis Market for VDT, 2017 – 2027 (US$ Mn)
FIG. 11 : Global Rickets Market for VDT, 2017 – 2027 (US$ Mn)
FIG. 12 : Global Autoimmune Disorders Market for VDT, 2017 – 2027 (US$ Mn)
FIG. 13 : Global Skin Disease Market for VDT, 2017 – 2027 (US$ Mn)
FIG. 14 : U.S. VDT Market, 2017 – 2027 (US$ Mn)
FIG. 15 : Canada VDT Market, 2017 – 2027 (US$ Mn)
FIG. 16 : U.K. VDT Market, 2017 – 2027 (US$ Mn)
FIG. 17 : Germany VDT Market, 2017 – 2027 (US$ Mn)
FIG. 18 : Rest of Europe VDT Market, 2017 – 2027 (US$ Mn)
FIG. 19 : China VDT Market, 2017 – 2027 (US$ Mn)
FIG. 20 : Japan VDT Market, 2017 – 2027 (US$ Mn)
FIG. 21 : Rest of Asia Pacific VDT Market, 2017 – 2027 (US$ Mn)
FIG. 22 : Brazil VDT Market, 2017 – 2027 (US$ Mn)
FIG. 23 : Mexico VDT Market, 2017 – 2027 (US$ Mn)
FIG. 24 : Rest of Latin America VDT Market, 2017 – 2027 (US$ Mn)
FIG. 25 : GCC VDT Market, 2017 – 2027 (US$ Mn)
FIG. 26 : Rest of MEA VDT Market, 2017 – 2027 (US$ Mn)