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Denosumab Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Which drivers are expected to have the greatest impact on the over the denosumab market's growth?The escalating incidences of osteoporosis are projected to stimulate the expansion of the denosumab market in the future. Osteoporosis is a health condition characterized by weakened bones leading to reduced bone density and an elevated fracture risk. Denosumab plays a significant role in osteoporosis treatment by inhibiting bone resorption via targeting the RANK ligand. To exemplify, data from the Canadian Longitudinal Study on Aging, published in September 2023 by the National Center for Biotechnology Information, a governmental agency in the US, revealed an osteoporosis prevalence rate of 12.7% (physician-diagnosed) and 5.9% (DXA-confirmed) in female community-dwelling older adults. Furthermore, a cross-sectional study carried out by Buttros and his team disclosed an osteoporosis rate of 24.6% in postmenopausal women aged between 40 and 75, determined through bone mineral density (BMD) tests. Consequently, the escalating osteoporosis rates are spurring the expansion of the denosumab market.
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What is the future CAGR of the denosumab market, and how will it impact industry expansion?
In the past few years, the market size for denosumab has experienced prompt advancement. The expected growth projection is from $3.27 billion in 2024 to $3.7 billion in 2025, displaying a compound annual growth rate (CAGR) of 13.1%. Factors such as accomplishments in clinical trials and research, FDA approvals and regulatory achievements, escalating consciousness regarding bone health, and strategic alliances and marketing drives have been instrumental in the growth during the historic period.
Projections for the denosumab market size display prominent growth in the coming years. It's anticipated to expand to a value of $5.59 billion by 2029, boasting a compound annual growth rate (CAGR) of 10.9%. The expansion during the forecasted period can be linked to an increase in cases of bone metastases, advancements in cancer treatments, the incidence of osteoporosis, growing osteoporosis awareness, and regulatory authorizations for new indications. Key trends predicted in the forecast duration are strategic alliances and partnerships, integration of digital health solutions, broadened indications and clinical utilization, and progress in biosimilar development.
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What are the most significant trends transforming the denosumab market today?
Leading enterprises within the denosumab market are strategizing their market positioning by focusing on the development of innovative solutions, notably first-line treatments for osteoporosis. This term refers to the primary treatment method recommended for patients diagnosed with osteoporosis. A case in point from November 2022 is the China-based biotech firm, Boan Biotech, which gained approval from the National Medical Products Administration (NMPA) of China for their denosumab biosimilar, Boyoubei. This marked them as the first company in China to develop a denosumab injection. Besides domestic distribution, Boyoubei is also in development for global markets like Europe and the United States, with comprehensive marketing plans in the pipeline. Healthcare guidelines have endorsed this drug as a first-line osteoporosis treatment. This medication shows great promise in significantly reducing the likelihood of hip, non-vertebral, and vertebral fractures among osteoporosis patients. Plus, Boyoubei claims the distinction of being the first approved global biosimilar to Prolia, the original denosumab product.
Which key market segments comprise the denosumab market and drive its revenue growth?
The denosumab market covered in this report is segmented -
1) By Drug Classification: Prolia, Xgeva, Others
2) By Type: 60 mg, 120 mg
3) By End-Users: Hospitals, Homecare, Specialty Clinics, Ambulatory Surgical Centers
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What regions are at the forefront of denosumab market expansion?
North America was the largest region in the denosumab market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the denosumab market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the denosumab market?
Major companies operating in the denosumab market report are Johnson & Johnson, F. Hoffmann-La Roche Ltd., Novartis International AG, Sanofi SA, GlaxoSmithKline plc, Eli Lilly and Company, Amgen Inc., Asahi Kasei Corporation, Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Daiichi Sankyo Company, Limited, Mylan N.V., Sandoz International GmbH, Daiichi Sankyo Company Limited, Aurobindo Pharma Limited, Cipla Limited, Dr. Reddy's Laboratories Ltd., Hikma Pharmaceuticals PLC, Celltrion Inc., Amneal Pharmaceuticals Inc, Cadila Healthcare Limited, Lupin Limited, Biocon Limited, Torrent Pharmaceuticals Ltd., Jubilant Life Sciences Limited, Ajanta Pharma Limited
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What Is Covered In The Denosumab Global Market Report?
• Market Size Forecast: Examine the denosumab market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the denosumab market for a structured understanding.
• Key Players Overview: Analyze major players in the denosumab market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the denosumab market.
• Segment Contributions: Evaluate how different segments drive overall growth in the denosumab market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the denosumab market.
• Industry Challenges: Identify potential risks and obstacles affecting the denosumab market.
• Competitive Landscape: Review strategic developments in the denosumab market, including expansions, agreements, and new product launches.
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