Global Vitamin D Therapy Market to Perceive Substantial Growth During 2019–2024
Growth in this market is largely driven by the growing awareness about vitamin D deficiency and the presence of a large target patient population. On the other hand, the fortification of foods is likely to challenge the growth of this market. The global vitamin D therapy market is projected to reach $3.3 billion by 2024 from $1.9 billion in 2019, at a CAGR of 11.6%. Oral route of administration expected to fuel the growth of the vitamin D therapy market over the forecast period By route of administration, the market is segmented into oral and parenteral routes of administration. The oral route of administration is expected to register the largest share and highest CAGR during the forecast period. This can be attributed to the ease of administration, better pharmacokinetic and pharmacodynamic activity, reduced chance of toxicity, increased patient compliance, and higher preference for the oral route. Increasing use of vitamin D in osteoporosis to drive market grow...