The U.S. Accounts for a Substantial Market Share Of 41% in the Global Osteoporosis Therapeutics Industry Landscape.
“Rising aging population will drive demand for osteoporosis treatment as old people are more at risk of osteoporosis,” says a Fact.MR analyst
Fact.MR – A Market Research and Competitive Intelligence Provider: Demand for osteoporosis therapeutics is anticipated to increase at a CAGR of 2.9% from 2022 to 2026, as per this new analysis by Fact.MR, a market research and competitive intelligence provider. The osteoporosis therapeutics market is projected to surge to a valuation of US$ 14.2 Bn by the end of 2026.
Osteoporosis is a medical condition that weakens the bones and makes them brittle. This condition is highly prevalent in old people, and since the aging population is increasing across the world at a significant pace, this will be a prime driver for market expansion. Increasing sedentary lifestyle, poor eating habits, and rising awareness of osteoporosis are other factors that will guide osteoporosis therapeutics market growth through the coming years.
However, lack of diagnosis of osteoporosis and longer time taken by regulatory authorities to approve osteoporosis drugs are expected to constrain osteoporosis therapeutics market potential through 2026.
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Osteoporosis drug manufacturers are focusing on launching new drugs and commercializing them to ensure maximum market penetration.
In April 2022, Pfenex Inc., a biotechnology company, announced the commercialization of the Teriparatide Injection by its commercialization partner Alvogen in the United States. This will be used for postmenopausal women suffering from osteoporosis and other applications as well.
Key Takeaways from Market Study
In 2022, the global osteoporosis therapeutics market stands at a net value of US$ 12.7 Bn.
The osteoporosis therapeutics market is projected to expand at a CAGR of 2.9% from 2022 to 2026, and reach US$ 14.2 Bn by the end of 2026.
Increasing aging population and rising prevalence of osteoporosis are major factors driving market growth.
Longer approval times and lack of diagnostic equipment are expected to hamper osteoporosis therapeutics market potential to some extent through 2026.
In 2022, the U.S. osteoporosis therapeutics market accounts for around 41% of the global market share.
The market for osteoporosis therapeutics in China is predicted to rise at a CAGR of 5.4% from 2022 to 2026.
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Competitive Landscape:
Osteoporosis drug manufacturers are increasing their investments in the research and development of novel drugs to fast-track new launches. Osteoporosis treatment injections are gaining popularity and market players are trying to launch these to advance their revenue potential in the global market.
In October 2021, Entera Bio, a leading biotechnology company, posted crucial data for its oral osteoporosis drug formulation trial that is in its mid-stage. The company moved ahead to phase 3 registration of this study.
Key Segments Covered in Osteoporosis Therapeutics Industry Research
Osteoporosis Therapeutics Market by Drug Class :
Bisphosphonates
Selective Estrogen Inhibitor Modulators (SERM)
Parathyroid Hormone Therapies
Calcitonin
Rank Ligand Inhibitors
Osteoporosis Therapeutics Market by Route of Administration :
Oral Osteoporosis Therapeutics
Injectable Osteoporosis Therapeutics
Other Routes of Administration
Osteoporosis Therapeutics Market by Region :
North America Osteoporosis Therapeutics Market
Latin America Osteoporosis Therapeutics Market
Europe Osteoporosis Therapeutics Market
East Asia Osteoporosis Therapeutics Market
South Asia & Oceania Osteoporosis Therapeutics Market
Mea Osteoporosis Therapeutics Market
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Winning Strategy
Osteoporosis drug manufacturers are investing in research and development to create novel drugs and expand their product portfolios. They are also focusing on expanding their business scope through increasing awareness of osteoporosis across the world.
Osteoporosis drug suppliers are adopting various strategies to boost their revenue generation potential and strengthen their market presence across regions. Developed economies are expected to be highly lucrative markets for osteoporosis drug suppliers.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global osteoporosis therapeutics market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2026.
The study divulges essential insights on the market on the basis of drug class (bisphosphonates, selective estrogen inhibitor modulators (SERM), parathyroid hormone therapies, calcitonin, rank ligand inhibitors) and route of administration (oral, injectables, other routes of administration), across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
Fact.MR’s Domain Knowledge in Healthcare
Our healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the healthcare sector. Our expertise in recognizing the challenges and trends impacting the global healthcare industry provides indispensable insights and support - encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.
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