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Rising Prevalence Of Osteoporosis Fuels Growth In The Osteoporosis Drug Market: A Significant Driver Propelling The Osteoporosis Drugs Market In 2025
The Osteoporosis Drugs Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Osteoporosis Drugs Market Size During the Forecast Period?
The market for medications for osteoporosis has seen a consistent rise in recent years. The current market value of $12.33 billion in 2024 is projected to increase to $12.8 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 3.8%. Factors contributing to this growth in the previous period include an aging population, heightened awareness and diagnosis, lifestyle factors, governmental initiatives, and changes in healTH*Care policies.
The market for osteoporosis medications is projected to experience consistent expansion in the near future, escalating to a value of $14.48 billion by 2029, with a compound annual growth rate (CAGR) of 3.1%. This growth within the forecasted period can be linked to the continuous increase in the aging population, improvement in treatment choices, amplified emphasis on male bone health, patient knowledge and empowerment, global health policies, and insurance coverage. Critical trends during this period entail personalized medicine techniques, investigation of combined therapies, focus on methods to prevent fractures, research and development investments in new drug goals, and partnerships for drug development.
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What Are the High-Growth Segments in the Osteoporosis Drugs Market?
The osteoporosis drugs market covered in this report 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
Subsegments:
1) By Bisphosphonates: Alendronate, Risedronate, Ibandronate, Zoledronic Acid
2) By Selective Estrogen Receptor Modulators (SERMs): Raloxifene, Bazedoxifene
3) By RANK Ligand Inhibitors: Denosumab
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What Key Drivers Are Expected to Influence Future Osteoporosis Drugs Market Growth?
The rise in osteoporosis incidence is anticipated to fuel the osteoporosis drug market's expansion. Osteoporosis, a bone disorder, happens when there is a reduction in bone mineral density, mass bone, or alterations in bone quality or structure. Those with a deficient calcium intake are more at risk of contracting osteoporosis. Drugs for osteoporosis increase bone mineral density and assist in avoiding fractures. For example, in June 2024, the Australian Institute of Health and Welfare Australia-Government agency documented that osteoporosis was responsible for 2,659 deaths in 2022, which is equivalent to 10.2 deaths per 100,000 population, or 1.4% of total deaths. Thus, the escalating prevalence of osteoporosis is propelling the osteoporosis drugs market's growth.
Which Companies Hold the Largest Share Across Different Osteoporosis Drugs Market Segments?
Major companies operating in the osteoporosis drugs market include Pfizer Inc., F. Hoffmann La Roche Ltd., Merck & Co Inc., Novartis AG, Bristol Myers Squibb Company, GlaxoSmithKline PLC, Eli Lilly and Company, Amgen Inc., Novo Nordisk A/S, Asahi Kasei Pharma Corporation, Viatris Inc., Teva Pharmaceutical Industries Ltd, Mylan N.V., Daiichi Sankyo Company Limited, Sun Pharmaceutical Industries Ltd., Ipsen, Kyowa Kirin Co Ltd., Dr. Reddy's Laboratories Ltd., Cipla Limited, Recordati S.p.A., Cadila HealTH*Care Ltd., Lupin Limited, Torrent Pharmaceuticals Ltd., Sunovion Pharmaceuticals Inc., Theramex, Radius Health Inc., Strides Pharma Science Limited, Apotex Inc.
What Are the Latest Developing Trends in the Osteoporosis Drugs Market?
Leading firms in the osteoporosis drugs market are progressing with the implementation of innovative approaches in this sector. For example, Apotex Inc., a pharmaceutical entity based in Canada, introduced Teriparatide Injectable for treating osteoporosis in November 2023. This injection, a pre-filled pen packed with 250 mcg/mL, can deliver 28 daily doses of 20 mcg per pen and is intended to be used by a single patient. Such a product will provide necessary and affordably accessible treatment for patients.
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What Are the Emerging Geographies for The Osteoporosis Drugs Market Growth?
North America was the largest region in the osteoporosis market in 2024. The regions covered in the osteoporosis drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Osteoporosis Drugs Market?
2. What is the CAGR expected in the Osteoporosis Drugs Market?
3. What Are the Key Innovations Transforming the Osteoporosis Drugs Industry?
4. Which Region Is Leading the Osteoporosis Drugs Market?
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