Press release
Osteoporosis Drugs Market Size, Demand, Trends, Future Oulook To 2032
The Business Research Company's Osteoporosis Drugs Global Market Report 2023 identifies A surge in the prevalence of osteoporosis is expected to propel the growth of the osteoporosis drug market. Osteoporosis is a bone disease that occurs when bone mineral density and mass bone decline or when bone quality or structure changes. People who have a low calcium intake are more likely to develop osteoporosis. These osteoporosis drugs increase bone mineral density and help to prevent fractures.The global osteoporosis drugs market size is expected to grow from $13.79 billion in 2022 to $14.60 billion in 2023 at a compound annual growth rate (CAGR) of 5.84%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global osteoporosis drugs market size is expected to reach $17.58 billion in 2027 at a CAGR of 4.7%.
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Major players in the osteoporosis drugs market are Eli Lilly and Company, Amgen Inc., F. Hoffmann La Roche Ltd., Merck & Co. Inc., Novartis AG, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Novo Nordisk A/S, GlaxoSmithKline PLC, Actavis PLC, Enzene Biosciences Ltd., Theramex, Viatris Inc., Ligand Pharmaceuticals Incorporated, and UCB S.A.
Product innovations have emerged as a key trend gaining popularity in the osteoporosis drugs market. Major companies operating in the market are advancing toward the use of innovative solutions for the osteoporosis drug market. For instance, in January 2020, Zobrius Pharma, a Norway-based developer of unique health supplements, launched Maxx-Calzium, a new nutritional supplement. It provides an alternative to the inorganic calcium found in limestone that is typically included in dietary supplements. This new product's major ingredient is eggshell calcium from Norilia, together with vitamin D3 and vitamin K2, which can help the body absorb calcium.
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The Osteoporosis Drugs market is segmented -
1) By Type: Bisphosphonates, Selective Estrogen Receptor Modulators (SERMs), RANK Ligand Inhibitors
2) By Administration: Oral, Injectable
3) By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, Online Sales
4) By Application: Primary Osteoporosis, Secondary Osteoporosis
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Osteoporosis Drugs market.
The Business Research Company's "Global Osteoporosis Drugs Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Osteoporosis Drugs Market Include:
1. Executive Summary
2. Osteoporosis Drugs Market Characteristics
3. Osteoporosis Drugs Market Trends And Strategies
4. Osteoporosis Drugs Market - Macro Economic Scenario
5. Osteoporosis Drugs Market Size And Growth
.....
26. Africa Osteoporosis Drugs Market
27. Osteoporosis Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Osteoporosis Drugs Market
29. Osteoporosis Drugs Market Future Outlook and Potential Analysis
30. Appendix
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