Global Sarcopenia Market Overview –
That in the year 2030, it is predicted that the value of the global sarcopenia market will reach $4,700 million, and it is anticipated that it will develop at a compound annual growth rate (CAGR) of more than 6 percent during the forecast period from 2021-2030.
As people get older, they experience a gradual loss of skeletal muscle mass and tissue, which can lead to a condition known as sarcopenia. Sarcopenia is characterize by a loss of muscular mass, relative weakness, a lack of stamina, and difficulty ascending stairs, to name just a few of its symptoms. In addition to the amount of exercise performed and the presence of other medical conditions, there are other factors that influence muscle loss. The effects of sarcopenia can be detrimental to one’s quality of life and can result in disability. The natural process of ageing results in a loss of both muscle strength and muscle mass.
In underdeveloped countries and countries with a low per capita income, malnutrition is caused by a lack of consumption of foods that are rich in micronutrients. Malnutrition, as well as a lack of vitamin D and vitamin B12, can lead to this condition. This illness is more likely to affect people of advanced age as well as vegetarians.
Therefore, there is no known treatment for sarcopenia; however, maintaining a healthy diet and using nutritional supplements can be beneficial. Diet helps prevent accelerated muscle loss and maintains energy levels during times of inactivity that involve the use of fewer muscles. Proteins, amino acids, omega-3 fatty acids, creatine, vitamin D, and vitamin B12 are some of the supplements that have been shown to be particularly useful in the treatment of sarcopenia.
Impacts of the COVID-19 Pandemic –
Over the past 18 months, nearly every industry has been adversely affected. As a result of numerous precautionary lockdowns and other limitations imposed by regulatory agencies around the world, their production and supply-chain operations were severely disrupted. The global Sarcopenia market is the same.
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As a result, consumer demand has decreased as people are now more concerned about cutting non-essential expenses from their budgets, as the general economic condition of most people has been adversely affected by this outbreak. The worldwide Sarcopenia market’s revenue trajectory is predicted to be negatively impacted by these factors throughout the forecast period. When these restrictions are lifted, the Sarcopenia market is projected to recover as well.
Market Dynamics –
Increased ageing and obesity will lead the sarcopenia treatment industry to develop. The emergence of new therapeutic options for sarcopenia is being fueled by a variety of circumstances, including the absence of a long-term cure and a shift in disease management.
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Competitive Landscape –
The competitive landscape of the sarcopenia treatment market includes facts pertaining to each competitor. Details such as a company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, and a technology lifeline curve are all included in this report. The sarcopenia therapy market is the sole subject of the data points presented above, which are only relevant to the focus of the companies.
The prominent players profiled in the global sarcopenia treatment market are –
Abbott Laboratories
Pfizer Inc.
Eli Lilly Company
Bayer AG
Sanofi S.A.
GlaxoSmithKline plc
Novartis
Cadila Healthcare
Amway
By Type –
Protein Supplement
Vitamin D & Calcium Supplement
Vitamin B12 Supplement
By Applications –
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Hypermarket & Supermarket
By Regions –
North America
Europe
Asia Pacific
Latin America
MEA