The Osteoporosis Drugs Market is expected to see significant growth in 2022. Osteoporosis is a medical condition characterized by weak and brittle bones, which can lead to an increased risk of fractures. The prevalence of osteoporosis is increasing, particularly among the aging population, and this trend is expected to continue in the coming years.
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There are several factors driving the growth of the osteoporosis drugs market. One key factor is the increasing prevalence of osteoporosis, which is expected to lead to a corresponding increase in the demand for osteoporosis drugs. Additionally, the development of new and innovative drugs for the treatment of osteoporosis is also driving market growth.
- Eli Lilly and Company
- 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
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The global osteoporosis drugs market is highly competitive, with a number of large players vying for market share. Some of the key players in the market include Amgen, Merck, and Novartis.
Overall, the osteoporosis drugs market is expected to see strong growth in 2022 and beyond, driven by the increasing prevalence of osteoporosis and the development of new and innovative drugs for the treatment of this condition.
The global osteoporosis drugs market is witnessing significant growth due to rising geriatric population and changing lifestyles impinging bone health. Moreover, increasing the prevalence of osteoporosis in postmenopausal women, growing awareness about osteoporotic care, and increasing investment in drug discovery and development are also driving the growth of the market.
However, there are various side effects and complications associated with osteoporosis drugs such as heartburn, irritable bowel syndrome, nausea, and ulcers in the stomach or esophagus. Furthermore, patent expiration of osteoporosis drugs also inhibits growth of the market.
The osteoporosis drugs market is anticipated to grow from an estimated US$ 12.5 Bn in 2021 to account for US$ 18 Bn by 2031, at a CAGR of 3.8%. North America is the largest market for osteoporosis drugs, with bisphosphonates being the most popular type of osteoporosis drugs. Asia-Pacific is the fastest growing region in terms of revenue while RANK ligand inhibitors are the fastest growing type of osteoporosis drugs.
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