Acknowledging the kind of traction gained by this market, recently published a study report asserts the Global Osteoporosis Therapeutics Market size is projected to accrue voluminously by 2029 registering a phenomenal CAGR of 2.45% during the review period (2022 to 2029).
Osteoporosis is a condition that weakens bone tissues and bone strength. Different scans, including X-rays, CT scans, and magnetic resonance imaging (MRI), are used to diagnose it (MRI). Current treatments for osteoporosis symptoms range from common tablets to intravenous (IV) infusions, and come in a variety of formulations.
With only approximately a third of osteoporosis patients receiving a diagnosis and treatment for the ailment, the market for osteoporosis therapies is still largely untapped, providing pharmaceutical companies with significant development potential. The aging population, increased awareness of osteoporosis, ongoing product releases, and increased use of bone densitometry scanning are all predicted to have an impact on market growth.
Due to the growing elderly population and altering lifestyles that have an adverse effect on bone health, the global market for medications to treat osteoporosis is expanding significantly. Additionally, rising osteoporosis prevalence in postmenopausal women, rising awareness of osteoporotic care, and rising investments in medication discovery and development are all contributing to the market's expansion.
However, there are a number of risks and adverse effects connected to osteoporosis medications, including heartburn, irritable bowel syndrome, nausea, and stomach or esophageal ulcers. Additionally, the market's expansion is restricted by the patent expiration of osteoporosis medications.
The prevalence of osteoporosis has increased exponentially in recent years, and this pattern is anticipated to continue in the years to come. Due to a lack of knowledge about the problem, osteoporosis is still one of the major diseases that go undetected and untreated.
Major drivers of the osteoporosis therapeutics market growth through 2029 include an aging population, higher awareness of osteoporosis, increased accessibility to diagnostic methods, an increase in sedentary behavior, and the quick discovery of novel medicines.
Report Attributes |
Report Details |
Forecast Period 2022 to 2029 CAGR |
CAGR of 2.45 % during the review period (2022 to 2029). |
By Type |
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By Application |
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By Companies
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Warner Chilcott, Merck & Co., Roche, Novartis, Ono, Astellas Pharma, Procter & Gamble, Sumitomo Pharmaceuticals, Servier, Eli Lilly, Pfizer, Amgen, Chugai, |
Regions Covered |
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Countries Covered |
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Base Year |
2022 |
Historical Year |
2017 to 2021 |
Forecast Year |
2022 to 2029 |
Number of Pages |
99 |
Customization Available |
Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Osteoporosis Therapeutics Market is studied from 2017 - 2029.
What is the expected growth rate of Osteoporosis Therapeutics Market?
The Osteoporosis Therapeutics Market is growing at a CAGR of 2.45 % over the next forecast years.
Which are the key companies operating in the global Osteoporosis Therapeutics ?
Warner Chilcott, Merck & Co., Roche, Novartis, Ono, Astellas Pharma, Procter & Gamble, Sumitomo Pharmaceuticals, Servier, Eli Lilly, Pfizer, Amgen, Chugai,
What region does this Osteoporosis Therapeutics Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Which region is expected to register the fastest revenue CAGR over the forecast period?
North America is expected to register a rapid revenue CAGR over the forecast period.
What are the significant types of Osteoporosis Therapeutics Market?
Bisphosphonates, Hormones, Strontium Ranelate, Raloxifene, Denosumab, Others,
What are the major end-use applications of Osteoporosis Therapeutics Market?
Hospital Pharmacies, Online Pharmacies, Retail Pharmacies
Competitive landscape of the global Osteoporosis Therapeutics market comprises key companies on a regional and global level. Key players are engaged in developing innovative and advanced products and solutions to cater to growing global demand and expand their product portfolio to gain a robust footing in the market. Collaborations, mergers and acquisitions, and partnerships are a crucial part in the market.
An exhaustive analysis of the competitive hierarchy of the Osteoporosis Therapeutics market is presented in the report and encompasses companies like Warner Chilcott, Merck & Co., Roche, Novartis, Ono, Astellas Pharma, Procter & Gamble, Sumitomo Pharmaceuticals, Servier, Eli Lilly, Pfizer, Amgen, Chugai, and others.
In October 2021, Entera Bio, a leading biotechnology company, posted crucial data for its oral osteoporosis drug formulation trial that is in its mid-stage. The company moved ahead to phase 3 registrations of this study.
FDA Approves EVENITY™ (romosozumab-aqqg) For The Treatment Of Osteoporosis In Postmenopausal Women At High Risk For Fracture
April 9, 2019 Amgen (NASDAQ: AMGN) and UCB (Euronext Brussels: UCB) today announced that the U.S. Food and Drug Administration (FDA) has approved EVENITY™ (romosozumab-aqqg) for the treatment of osteoporosis in postmenopausal women at high risk for fracture. EVENITY is the first and only bone builder with a unique dual effect that both increases bone formation and to a lesser extent reduces bone resorption (or bone loss) to rapidly reduce the risk of fracture.
On the basis of product type, the Osteoporosis Therapeutics market in segmented into:
On the basis of application, the Osteoporosis Therapeutics market in segmented into:
The osteoporosis therapeutics market in North America is projected to have a promising future and will hold a commanding market share in the global landscape.
Throughout the forecast period, the global osteoporosis therapeutics market is anticipated to have considerable growth in Europe. The market potential for osteoporosis therapies in this region is anticipated to be significantly impacted by rising spending on research and development activities.
Osteoporosis therapeutics market players should find profitable prospects in South and East Asia. The aging population and rising healthcare costs in the aforementioned regions are predicted to have a significant impact on the growth of the osteoporosis therapeutics market.
The aging population in China has grown noticeably, and this will heavily influence the shipments of osteoporosis medications throughout the course of the projection year. Other aspects that are anticipated to influence the growth of the osteoporosis therapeutics market include growing healthcare costs and increased awareness of osteoporosis.
China, India, and Malaysia are expected to be lucrative markets for manufacturers of osteoporosis medications.
The Osteoporosis Therapeutics Market identifies the market channels and drivers that will drive future worldwide growth prospects. The report also examines market size and share, trends by region, end-use category, and market segment. It puts a lot of emphasis on outlining a thorough regional study. In order to understand the primary influencing factors and entry barriers of the industry, the Global Osteoporosis Therapeutics Market research also performed a PESTEL analysis of the sector.
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
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MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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