The global osteoporosis treatment market was worth US$ 14.05 Bn in 2021, according to the latest report published by Absolute Markets Insights. The market is expected to expand at a CAGR of 3.9% from 2022 to 2030. There are several diseases that have severe impact on our body parts, specifically bones. Osteoporosis is disease that is associated with the weakened bones and can be caused due to various factors. Every time, an individual starts suffering from osteoporosis, their bones not only become weak but also brittle. Owing to osteoporosis, an individual’s sees abnormal absorption and use of the bone tissue. While in most of the cases, there are no symptoms of osteoporosis, especially in early stages or their bone gets fracture. Osteoporosis can be treated with the help of medicines, healthy diet and special exercises that also help in strengthening the bones. Primary symptoms of the osteoporosis are inclusive of back pain and easy breakage of their bones. What causes osteoporosis in majority of cases happens to be calcium deficiency which hampers the bone density, early bone loss and higher chances of getting bones fractured. The global osteoporosis treatment market is taking huge steps on the path of the progress courtesy of numerous factors.
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The growth of the global osteoporosis treatment market is being rampantly driven by various factors like lack of calcium-rich diet, especially in children in their growing age. This is why they are more prone to suffer from this disease. Meanwhile, the global osteoporosis treatment market’s growth is expected to be affected adversely due to increasing availability of bone health supplements as they would curb the rise of osteoporosis cases. On the other hand, the global osteoporosis treatment market is forecasted to grow tremendous growth over the period of next few years courtesy of unhealthy lifestyle among youngsters.
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Global Osteoporosis Treatment Market Report Highlights
- The gender segment of the global osteoporosis treatment market has been bifurcated into men and women. The women are more likely to suffer from this ailment owing to multiple factors. One such is lack of nutritious diet and ignorance towards healthy lifestyle.
- On the basis of the treatment, the hormone-related therapy segment is expected to make money at the fastest rate. Higher technological advancement in the field of healthcare, and extensive medical research is why today people have effective treatment of various diseases. Hormone-related therapy helps people effectively deal with osteoporosis.
- The region of Asia Pacific is forecasted to account for massive money that too the fastest rate for the global osteoporosis treatment market during the forecast period 2022-2030. Under-developed countries are seeing a rise in the population that consumes less nutritional food or food that is deficient of calcium. Though advancing healthcare sector is helping the market grow.
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Competitors: Global Osteoporosis Treatment Market
- Amgen Inc
- DAIICHI SANKYO COMPANY, LIMITED
- Eli Lilly and Company
- F. Hoffmann-La Roche Ltd
- Ligand Pharmaceuticals Incorporated
- Merck & Co., Inc
- Novartis AG
- Pfizer Inc.
- Radius Health, Inc.
- Sanofi-aventis U.S. LLC
- Teva Pharmaceuticals Industries Ltd.
- Other Market Participants
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Global Osteoporosis Treatment Market Segmentation
Absolute Markets Insights has segmented into the global osteoporosis treatment market on the basis of treatment, route of administration, gender, distribution channel and region further into countries.
Global Osteoporosis Treatment Market Treatment Outlook (Revenue, USD Million, 2015 – 2030)
- Alendronate (Binosto, Fosamax)
- Ibandronate (Boniva)
- Risedronate (Actonel, Atelvia)
- Zoledronic acid
- Hormone-related therapy
- Bone-building medications
Global Osteoporosis Treatment Market Route of Administration Outlook (Revenue, USD Million, 2015 – 2030)
Global Osteoporosis Treatment Market Gender Outlook (Revenue, USD Million, 2015 – 2030)
Global Osteoporosis Treatment Market Distribution Channel Outlook (Revenue, USD Million, 2015 – 2030)
- Online Pharmacies
- Retail Pharmacies
- Hospitals and clinics
Global Osteoporosis Treatment Market Regional Outlook (Revenue, USD Million, 2015 – 2030)
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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