Press release
Asia-Pacific Osteoporosis Drugs Market Expected to Witness the Fastest Growth (4.2% CAGR) Globally, During 2016 – 2022
The global osteoporosis drugs market was valued at $8,835.4 million in 2015 and it is expected to grow at a CAGR of 3.8% during 2016-2022. Among the various classes of osteoporosis drugs, the rank ligand inhibitor segment is expected to witness the fastest growth, a CAGR of 4.3% during the forecast period.The global osteoporosis drugs market is growing at a significant rate due to growing geriatric population, increasing awareness of osteoporosis and increasing healthcare expenditure. The increasing prevalence of osteoporosis in postmenopausal women and the increasing focus on research & development of new drugs for treatment of osteoporosis are also driving the growth of the global osteoporosis drugs market.
Explore Detailed Description of the Report at: www.psmarketresearch.com/market-analysis/osteoporosis-drugs-market
Some of the signs and symptoms of the osteoporosis are falling risk and fractures. Diagnostic tests of osteoporosis include X-Ray test and traditional radiography tests, which is further confirmed by bone density test. Osteoporosis disease can be managed by nutrition emphasis, lifestyle management and medicines. The factors such as strict regulatory requirement for the approval of osteoporosis drugs, patent expiry of blockbuster drugs, and side-effects and complications associated with osteoporosis drugs are inhibiting the growth of the global market.
Explore More Report at: www.psmarketresearch.com/industry-report/healthcare
Geographically, North America dominated the global market of osteoporosis drugs in 2015; whereas the Asia-Pacific market is expected to witness the fastest growth, a CAGR of 4.2% during the forecast period. This is due to the growing geriatric population, increasing awareness of osteoporosis drugs and increasing healthcare expenditure in the region.
Some of the key companies operating in the global osteoporosis drugs market include Eli Lilly and Company, Pfizer Inc., F. Hoffmann-La Roche, Novartis International AG, Merck & Co. Inc. and Amgen Inc.
GLOBAL OSTEOPOROSIS DRUGS MARKET SEGMENTATION
By Drug Class
Bisphosphonates
Parathyroid Hormone Therapy
Selective Estrogen Receptor Modulators (SERM’s)
Rank Ligand Inhibitor
Calcitonin
Others
By Geography
North America
o U.S.
o Rest of North America
Europe
o U.K.
o Germany
o France
o Rest of Europe
Asia-Pacific
o Japan
o China
o India
o Rest of Asia-Pacific
Rest of the World (RoW)
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