Ipriflavone market: Overview
Ipriflavone is a drug which is also known as 7-isopropoxy isoflavone and is synthetically produced. Ipriflavone provides excellent result in the prevention and treatment of osteoporosis and other metabolic bone diseases. It has been widely studied in humans and has been found useful for hindering tissue break down and improving bone formation. It results in an increase of bone density and a decrease in fracture rates in osteoporotic women. While ipriflavone seems to strengthen estrogen’s effect, it does not possess intrinsic estrogenic activity, making it an attractive aide to standard hormone replacement treatment. Besides, it provides results for the treatment of other metabolic diseases affecting the bones, including Paget’s disease of the bone, hyperparathyroidism and tinnitus caused by otosclerosis.
Ipriflavone is now on regulations to provide prescription treatment for osteoporosis in various countries including. Prescription on ipriflavone drug is being given because ipriflavone has been showing to increase bone calcium retention, inhibit bone breakdown, promote the activity of the bone-building cells, and reduce the pain of osteoporotic fractures.
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Ipriflavone market: Dynamics
Ipriflavone market has a significant number of drivers which include the growth of the healthcare sector that is driving this market. As per National Osteoporosis Foundation, Approximately 10 million Americans have osteoporosis and another 44 million have low bone density, which is the reason behind rise of ipriflavone market. Besides this, patients with hereditary bone diseases, ipriflavone provides strength to the bones. In the sports world, ipriflavone market is growing as sports insurance companies are investing more on bone-related fractures. Apart from this, the ipriflavone market has some restraints which includes a handful of manufactures in the ipriflavone market. There are many naturally occurring ingredients which can be used against ipriflavone.
Ipriflavone market: Segmentation
Ipriflavone market can be segmented on the basis of the sales channel, target areas and regions. From sales channel ipriflavone id is distributed by hospital pharmacies, retail pharmacies, drug stores, convenience stores and online pharmacies. By target areas, ipriflavone dosage for old age people is normal. For a bone disorder due to Paget disease, it has a suggested dosage of ipriflavone. For treating weak bones due to kidney disease, it has a high dose of ipriflavone. Ipriflavone market is segmented into seven regions which are North America, Latin America, Europe, CIS and Russia, Japan, APEJ AND MEA.
Ipriflavone market: Regional Overview
The ipriflavone market has been broadly divided into eight regions: North America, South America, Europe and Japan, India, China, APEJ and MEA. The concentration of ipriflavone manufacturers can majorly be observed in North America, and Asian countries, such as India and China. The Chinese and Indian manufacturing sector is exhibiting robust growth in the region. The manufacturers have inclined towards new trends and up gradation combined with the ipriflavone market for increased efficiency and productivity. Apart from North America, the rest of the regions are also anticipated to showcase growth in the upcoming years in the ipriflavone market. Also, a rapidly growing urban population in APEJ is one of the critical factors that will generate the demand for ipriflavone during the forecast period. On the other hand, with the growing healthcare industries in MEA will hit the need for ipriflavone over the forecast period.
Ipriflavone market: Prominent Manufacturers:
There are handful players in the ipriflavone market such as Natural Grocers, Douglas labs, Sabisna Corporation, HCA healthcare, Nutraceuticals international group, ABCO laboratories and other prominent players. Besides, key market players are focusing to target developing countries to supply the ipriflavone products that will help to capture significant revenue share in the global ipriflavone market.
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Ipriflavone market:Competitive Analysis:
The global market for ipriflavone is fragmented in nature with the presence of many large & small market players. The competition among the existing market players is very high. Therefore, to survive & succeed in such a competitive environment, manufacturers must distinguish their product offering through innovative & unique products. This competitive environment also leads to a cut in the prices of their product to retain their market position, which can also negatively affect the profit margin of the manufacturers.
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