osteoporosis-drugs-market

Osteoporosis Drugs Market Growth, Future Prospects & Competitive Analysis, 2024-2032

12 Jun 2023 Format PDF icon PPT icon XLS icon Request Sample

Osteoporosis drugs market expected to Grow at 0.1% by 2031, osteoporosis is a common disease characterized by porous bone structure, lower bone mass and reduced bone strength. Osteoporosis is a condition where the regrowth of bone is slower than the breakage of bone. It is estimated that worldwide around 200 million population are affected with osteoporosis and it causes around 9 million fractures annually which is a major public concern as the estimated cost of osteoporosis is about 19 billion in United States only. According to the International Osteoporosis Foundation, women are more prone to osteoporosis than men due to comparatively thinner bones. Estrogen helps to maintain bone structure, therefore the women at their menopausal stage mostly get affected with osteoporosis. Geriatric population are more likely to develop osteoporosis due to loss in bone minerals. Inappropriate diet, physically inactive lifestyle, smoking, drinking alcohol, previous family history, prolonged usage of steroids are few of the risk factors of developing osteoporosis.

Rising geriatric population and post-menopausal women, increasing prevalent cases of osteoporosis in younger population, risk of hip, forearm, and spine fractures, increasing expenditures in R&D for new and innovative drug formulation are the critical driving forces of osteoporosis drugs market; while the side-effects and adverse reactions by osteoporotic drugs, issues in regulatory approval for drugs and lesser public awareness restrain the growth of the osteoporosis drugs market.

North America is expected to hold the major share for the osteoporosis drugs market followed by European market due to well-organized healthcare infrastructure, healthcare expenditure for R&D and rising health awareness among public.  Asia-Pacific is anticipated to show higher growth due to large number of population and growing health awareness.

Key Players Identified for Global Osteoporosis Drugs Market include:

Few major players in Osteoporosis Drugs Market include Eli Lilly and Company, F. Hoffmann-La Roche Ltd., Merck & Co, Inc., Novartis AG, Amgen, Inc., Novo Nordisk A/S, Actavis plc., Pfizer, Inc., GlaxoSmithKline plc., Teva Pharmaceutical Industries Ltd And Other Notable Players.

This report offers:

  • An overview of the global markets for Osteoporosis Drugs Market.
  • Qualitative assessment tools such as market drivers, challenges and future prospects.
  • Market competition scrutiny tools such as market share analysis, fractal map assessment.
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
  • A general overview of the industry structure.
  • Company profiles highlighting key information about the major players operating in the Osteoporosis Drugs Market.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Osteoporosis Drugs market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Osteoporosis Drugs market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Drug Class
  • Bisphosphonates
  • Selective Estrogen Receptor Modulators (SERMs)
  • Hormone Therapy
  • Denosumab (Bone Metabolism Regulator)
  • Parathyroid hormone (PTH)
  • Others

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Osteoporosis Drugs market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Osteoporosis Drugs market?
  • Which is the largest regional market for Osteoporosis Drugs market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Osteoporosis Drugs market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Osteoporosis Drugs market worldwide?
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