Osteoporosis
Drugs Market study is providing you with the up-to-date,
actionable market information and projections with the latest impact of the
Covid 19 outbreak. It offers all the requisite data to support tactical
business decisions and come up with strategic growth plans. This study also
proposes a comprehensive insight into the development policies and plans in
addition to manufacturing processes and cost structures.
The global Osteoporosis
Drugs Market size is expected to value at USD 16.3 billion by 2025. The
osteoporosis drug industry is subject to witness a substantial growth due to
the rise in elderly population and increase in the occurrence of target
diseases like osteoporosis. Global occurrence of osteoporosis along with high
demand for drugs in prophylaxis and treatment is propelling the growth of
osteoporosis drug market, in the recent years. Globally, the osteoporosis drugs
industry is predicted to grow at higher CAGR over next seven years, providing
numerous opportunities for market players to invest for research and
development in the osteoporosis drugs.
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Osteoporosis is a primary
cause of reduced bone density inducing the pain with a minor form of injury or
trauma. As many as nine million people have been reported suffering from the
osteoporosis disease on annual basis across the globe. Such factors are causing
frequent osteoporotic conditions every three seconds. Prime victims of the
disease are menopausal women. For instance, one out of three women above the
age of fifty experiences an osteoporotic fracture. These factors are responsible
for the growth of osteoporosis drugs market, thus creating lucrative
opportunities for market players, in recent years. Substantial rise in the
elderly population in both developed and developing economies across the globe
are driving the demand for osteoporosis drugs.
The osteoporosis drug
industry is broadly categorized into five major segments based on the product
type such as bisphosphonates, parathyroid hormone therapy, calcitonin,
Selective Estrogen Inhibitors Modulator (SERM), and rank ligand inhibitors. The
rank ligand inhibitors is considered as one of the faster growing segment in
the osteoporosis drug market with substantial revenue generation in the last
few years. Increase in preference by healthcare professional due to positive
outcomes in patient attributes to the growing popularity of the rank ligand
inhibitors segment. The Selective Estrogen Inhibitors Modulator (SERM) segment
also witnesses substantial growth owing to the increasing adoption in
conjunction with other drugs to impart a synergistic effect.
The osteoporosis drugs
industry is divided by region such as North America, Europe, Asia-Pacific,
Latin America and Africa. North America has shown major growth in recent years
owing to the rise in adoption of latest technologies in medicine &
pharmaceutical sector, increase in number of incidences related to osteoporosis
disorders, and existence of well-established healthcare infrastructure.
Asia-Pacific region is predicted to hold major market share in the osteoporosis
drugs market with massive growth in forecast period. Countries such as India,
China and Japan are leading the Asia-Pacific market with growing elderly
population, rising healthcare expenditure, improved clinical facilities, and
significant investment by leading industry players considering potential
opportunities in the region.
The key players in the
osteoporosis drug industry are Actavis Inc., DePuy Synthes Companies, Zimmer
Biomet Holdings, Inc., Stryker Co., Integra LifeSciences Co., Pfizer Inc., and
Dr. Reddy’s Laboratory.
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