Osteoporosis Drugs Market driven by rapidly growing prevalence of the disease across the world


Posted October 17, 2016 by john55364

The global osteoporosis drugs market is expected to reach US$8.9 bn by the end of 2020. It was valued at US$8.4 bn in 2013 and is progressing at a CAGR of 1.2% within a forecast period from 2014 to 2020

 
The global osteoporosis drugs market is expected to reach US$8.9 bn by the end of 2020. It was valued at US$8.4 bn in 2013 and is progressing at a CAGR of 1.2% within a forecast period from 2014 to 2020, as stated by TMR analysts. Transparency Market Research is a leading provider of the latest research reports on a number of industries, including the global pharmaceutical industry. The latest report to be added by the market intelligence agency is titled “Osteoporosis Drugs Market - Global Industry Analysis, Pipeline Analysis, Size, Share, Growth, Trends & Forecast 2014 - 2020.” It describes the key factors that will influence this market through the given forecast period.

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The global osteoporosis market is segmented on the basis of drug class and geography. On the basis of drug class, the global osteoporosis market is segmented into bisphosphonates, parathyroid hormone therapy (PTH) drugs, selective estrogen receptor modulators (SERMs), RANK ligand inhibitors, calcitonin, and other such as others Vitamin D and calcium. This segment also includes drugs that are in the pipeline. Geographically, this market is segmented into Europe, North America, Asia Pacific, and Rest of the World.

Out of the drug class segments, bisphosphonates were the fastest growing segment and held 48.2% of the overall osteoporosis drugs market in 2013. However, analysts predict that pipeline drugs will showcase accelerated growth at a CAGR of 125.20% from 2014 to 2020.The International Osteoporosis Foundation (IOF) stated that at least 9 mn fractures and bone cracks occur every year. In addition to this, about 200 mn women across the world are expected to be victims of osteoporosis with each passing year. With these alarming figures, growth of the global osteoporosis drug is only expected to accelerate. In addition, introduction of new drug classes that hold the promise of overcoming the threat of chronic and generics side effects of the established drugs is yet another factor making a positive influence on the growth of the global osteoporosis drugs market.

In terms of geography, North America holds a major share in the global osteoporosis drugs market. This can be credited to the presence of a huge pool of patients suffering from osteoporosis, growing awareness about the disease, technological advancements and adoption of the same, and presence of state-of-the-art medical infrastructure. However, the research report predicts that Asia Pacific will be the next region to create a huge wave of demand in the osteoporosis drugs market from 2014 to 2020.

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Some of the important players in the global osteoporosis drugs market are Novartis International AG, Eli Lilly and Company, Pfizer, Inc., Merck & Co., Inc., and Amgen, Inc., Teva Pharmaceutical Industries Ltd., F. Hoffmann La Roche Ltd., Actavis plc, and Novo Nordisk A/S. The report opens a discussion about the competitive landscape of the global osteoporosis drugs market and states details pertaining to company overview, financial overview, research and development activities, business and marketing strategies, and lists the existing products and those in the pipeline.

The global osteoporosis drugs market is segmented on the basis of:

Osteoporosis Drugs Market, by Drug Class
Bisphosphonates
Parathyroid Hormone Therapy (PTH) Drugs
Selective Estrogen Receptor Modulators (SERMs)
RANK Ligand Inhibitors
Calcitonin
Others (Vitamin D, Calcium)
Pipeline Analysis

Osteoporosis Drugs Market, by Geography
North America
Europe
Asia-Pacific
Rest of the World (RoW)
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Issued By Transparency Market Research
Country United States
Categories Health , Medical
Tags osteoporosis drugs market , osteoporosis drugs market analysis , osteoporosis drugs market forecast
Last Updated October 17, 2016