The global osteoporosis drugs market accounted for $7,657 million in 2018, and is expected to reach $10,479 million by 2026, registering a CAGR of 3.9% from 2019 to 2026.
Osteoporosis drugs are defined as therapeutic agents which are utilized in the treatment of osteoporosis. Furthermore, osteoporosis is a serious medical condition which is associated with the presence of fragile bones. In addition, these fragile bones are dense and prone to fractures. Moreover, the condition is caused due to the over production of hormone parathyroid and leads to limited mobility in patients suffering from the condition. Thus, this medical condition requires early diagnosis and medical treatment which includes the administration of various drugs such as bisphosphonates selective estrogen inhibitors modulator (SERM), parathyroid hormone therapy, calcitonin, rank ligand inhibitors and others. In addition, these drugs are administered through different routes in the body such as oral route of administration, intravenous route of administration and others.
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The major factor that contributes to the growth of osteoporosis drugs market include rise in prevalence of osteoporosis. Furthermore, other factors that boost osteoporosis drugs market growth include surge in geriatric population across the globe and rise in adoption of sedentary lifestyle worldwide. However, side effects of osteoporosis drugs, and stringent regulatory environment and the time-consuming drug approval process hampers the growth of osteoporosis drugs market. Conversely, high growth potential in developing economies is expected to offer lucrative opportunities during the forecast period.
The osteoporosis drugs market size is studied on the basis of drug class, route of administration, and region to provide a detailed assessment of the market. On the basis of drug class, it is segmented into bisphosphonates, selective estrogen inhibitors modulator (SERM), parathyroid hormone therapy, calcitonin, rank ligand inhibitors, and others. By route of administration, it is bifurcated into oral, injectable and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and rest of LAMEA).
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– This report entails a detailed quantitative analysis along with the current global influenza treatmentmarket trends from 2019 to 2026 to identify the prevailing opportunities along with the strategic assessments.
– The market size and estimations are based on a comprehensive analysis of key developments in the industry.
– A qualitative analysis based on innovative products facilitates strategic business planning.
– The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market
Key Market Segments
– By Drug Class
o Selective Estrogen Inhibitors Modulator (SERM)
o Parathyroid Hormone Therapy
o Rank Ligand Inhibitors
– By Route of administration
– By Region
o North America
– Rest of Europe
– Rest of Asia-Pacific
– Saudi Arabia
– South Africa
– Rest of LAMEA
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– List of key players profiled in the report:
– Amgen Inc.
– F. Hoffmann-La Roche AG
– Radius Health, Inc.
– Merck & Co. Inc.
– Novartis International AG (Sandoz)
– Pfizer Inc.
– Sun Pharmaceutical Industries Ltd.
– Takeda Pharmaceutical Company Limited
– Teva Pharmaceutical Industries Ltd
LIST OF OTHER PLAYERS IN THE VALUE CHAIN(These players are not profiled in the report. The same will be included on request)
– GlaxoSmithKline plc
– Novo Nordisk A/S