Regional Analysis
On the basis of region, the global osteochondromas treatment market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to exhibit highest market share in the global osteochondromas treatment market owing focus of pharmaceutical companies on investing in research and development of effective treatment of osteochondromas. In 2019, Keros Therapeutics, Inc., a company operating in the discovery and development of innovative treatments for rare neuromuscular diseases, received financial funding of US $23 million from Pontifax, Arkin Bio Ventures, Partners Innovation Fund, Medison Pharma, and Global Health Sciences Fund (GHS) for exploring novel treatment approaches for treatment of the most intractable neuromuscular diseases such as fibrodysplasia ossificans progressiva (FOP) and oncology including multiple osteochondromas.
Europe is expected to witness significant growth in the global toxoplasmosis treatment drugs market owing to research and development by players for the treatment of multiple osteochondromas diseases. For instance, in 2019, Ipsen, a company developing medications used in oncology, neuroscience and rare diseases, announced that they are in phase 2 of clinical trials studying safety and efficacy of Palovarotene 2.5 mg and Palovarotene 5.0 mg for treatment of pediatric multiple osteochondromas.