Sarcopenia Treatment Market |
Sarcopenia is the age-related loss of muscle mass and strength. Some of the common causes of sarcopenia include aging, malnutrition, physical inactivity, chronic diseases and neurological disorders. The increasing prevalence of sarcopenia owing to rising geriatric population has boosted the demand for sarcopenia treatment drugs and products in recent years. The global Sarcopenia Treatment market houses various drugs and nutritional supplements that help in improving muscle strength and physical performance. The availability of nutritional supplements containing proteins, vitamins, minerals and amino acids play a vital role in muscle mass and strength gain.
The global
Sarcopenia Treatment Market is estimated to be valued at US$ 3.01 Bn in 2023 and is expected to exhibit a CAGR of 4.5% over the forecast period
2023 to 2030, as highlighted in a new report published by Coherent Market
Insights.
Market Key Trends:
The rising geriatric population, increasing life expectancy and growing
prevalence of chronic diseases are some of the key factors fueling the growth
of the sarcopenia treatment market. As per the UN estimates, the world's
population aged 60 years and above is projected to reach 2.1 billion by 2050.
Physiological factors like aging result in reduced generation of new muscle
fibers and increased muscle wasting. Further, increasing adoption of sedentary
lifestyles contribute significantly to loss of muscle mass and strength. The
market players are increasingly focusing on developing new drugs, nutritional
supplements and therapeutic biomolecules to effectively target sarcopenia
treatment. They are also investing in clinical trials to evaluate efficacy and
safety of potential treatment options. The availability of advanced treatment
regimens is expected to further accelerate the sarcopenia treatment market
growth during the forecast period.
Segment
Analysis
Vitamins and mineral supplements are expected to dominate the sarcopenia
treatment market during the forecast period. This segment holds the largest
share of the market currently due to rise in preference for nutritional
supplements over drugs to treat sarcopenia. The tolerability and safety profile
of vitamins and minerals make them a preferred choice among the aging
population for sarcopenia treatment.
Key Takeaways
The global Sarcopenia
Treatment Market Share is expected to witness high growth. The North
America region currently dominates the sarcopenia treatment market and is
expected to continue its dominance during the forecast period. This is
attributed to rising geriatric population and greater availability of advanced
treatment options in the region. Asia Pacific region is expected to witness
fastest growth during the forecast period owing to growing aging population and
rising healthcare expenditure in key countries like China, Japan, and Australia
in the region.
Key players related content comprises Key players operating in the sarcopenia
treatment market are Abbott Laboratories, Novartis AG, Eli Lilly and Company,
Merck & Co., Inc., and GlaxoSmithKline plc. Abbott Laboratories holds a
major share of the vitamins and mineral supplements segment. Novartis AG offers
prescription drugs for sarcopenia treatment in collaboration with other
players.
For more insights, read- https://www.ukwebwire.com/sarcopenia-treatment-market-trends-size-and-share-analysis/
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