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What Are the Key Opportunities and Trends Shaping the Future of the Global Osteoporosis Drugs Market (2025-2034)?
Osteoporosis Drugs Market
The global osteoporosis drugs market reached a value of nearly $12.89 billion in 2024, having grown at a compound annual growth rate (CAGR) of 2.42% since 2019. The market is expected to grow from $12.89 billion in 2024 to $15.70 billion in 2029 at a rate of 4.02%. The market is then expected to grow at a CAGR of 4.77% from 2029 and reach $19.81 billion in 2034.
What are the upcoming opportunities in the global osteoporosis drugs market?
The key players in the market are adopting extensive strategies in the osteoporosis drugs market such as:
• Focus on expanding business capabilities through the launch of new products.
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To take advantage of the opportunities, The Business Research Company recommends that osteoporosis drugs companies focus on:
• Focus on developing innovative solutions, such as teriparatide injection for the treatment of osteoporosis.
• Development of innovative solutions, such as obtaining regulatory approvals.
• Advancing innovative treatment solutions, such as Edirol tablet for osteoporosis treatment.
What are osteoporosis drugs: market definition?
Osteoporosis drugs refer to a medication that enhances bone mineral density and helps to avoid fractures. It entails the treatment and prevention of fractures in addition to the use of medicines to strengthen bones.
The main types of osteoporosis drugs are bisphosphonates, selective estrogen receptor modulators (SERMS), and rank ligand inhibitors. Bisphosphonates refer to a class of medications used to treat bone issues known as osteopenia or osteoporosis, which are diseases characterized by thin or weak bones that are prone to fracture. It can be taken orally and intravenously, which are distributed through various channels, such as retail pharmacies, hospital pharmacies, and online sales. It is used in several applications, such as primary and secondary osteoporosis.
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Who are the major companies operating in the global osteoporosis drugs market?
The global osteoporosis drugs market is fairly concentrated, with large players operating in the market. The top ten competitors in the market made up to 39.7% of the total market in 2023. Amgen Inc. was the largest competitor with a 9.33% share of the market, followed by:
• Eli Lilly and Company
• Pfizer Inc.
• Eisai Co., Ltd.
• Apotex Inc.
• AbbVie Inc.
• Novartis AG
• Sanofi S.A.
• GSK plc
• Daiichi Sankyo Company, Limited
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