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What fueled the previous growth in the evenity market?

In recent years, the evenity market has experienced significant growth, with a size of XX (HCAGR). It is projected to escalate from a value of $XX million in 2024 to $XX million in 2025, representing a compound annual growth rate (CAGR) of XX%. This growth during the historical period is linked to a rise in osteoporosis and fracture prevention awareness, an increased demand for biologic drugs, a growing elderly population, improved diagnostic capabilities, and an increased demand for products promoting bone health.

What will be the evenity market size in the future?

In the upcoming years, the Evenity market is predicted to witness a FCAGR of XX%. The market is set to expand to $XX million by 2029, with a Compound Annual Growth Rate (CAGR) of XX%. This growth over the forecast period can be linked to the increasing acceptance of biologics and advanced injectables, the rising trend of osteoporosis, more prevalent chronic kidney disease (CKD), growing cases of rheumatoid arthritis, and an increase in comorbid conditions. Key trends for this period include the evolution of delivery systems, the inclusion of digital health instruments, adoption of biosimilars, groundbreaking therapies, and advancements in diagnostic technology.

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What main drivers are fueling expansion in the evenity market?

The rise in osteoporosis cases is anticipated to fuel evenity market expansion in the future. Osteoporosis, a medical malady characterized by reduced bone density and quality, results in fragile bones prone to fractures. The upsurge in osteoporosis incidents is attributed to an aging demographic with naturally diminishing bone density and inactive lifestyles that compromise bone strength. Evenity is utilized as a monthly shot for up to 12 months to combat osteoporosis by enhancing bone growth, decreasing bone resorption, and fortifying bones to avert fractures. For example, as per a report issued by the UK Parliament in October 2022, osteoporotic fractures currently exert direct costs exceeding $5.8 billion (£4.6 billion) on the NHS. This figure is forecasted to rise to roughly $7.5 billion (£6 billion) by 2030 due to an increasingly aging populace. Thus, the rising occurrence of osteoporosis is steering growth in the evenity market.

What key areas define the segmentation of the global evenity market?

The evenity market covered in this report is segmented –

1) By Indication: Postmenopausal Osteoporosis, Osteoporosis In Men

2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

3) By End User: Hospitals And Clinics, Specialty Centers, Homecare Settings, Research And Academic Institutions

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Who are the dominant players expanding their reach in the evenity market?

Major companies operating in the evenity market include Amgen Inc.; UCB S.A

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Which regions are emerging as leaders in the evenity market?

North America was the largest region in the evenity market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the evenity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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