30-Dec-2019 | Zion Market Research
With the attendance of a number of participants, the global market for osteoporosis drugs has turned out to be a huge competitive market, as per a new study by Zion Market Research (ZMR). Players such as Merck & Co Inc., F. Hoffmann La Roche Ltd., Novo Nordisk A/S, Novartis International AG, and Amgen Incorporation are some of the major firms in the osteoporosis drugs market all over the world. These companies are aiming insistently on innovation, as well as on adding improved technologies in their current line of goods. Over the years to come, they are also anticipated to take up mergers and acquisitions along with partnerships as their major plan for development of business, as per latest study.
Acting as a major catalyst for to the global osteoporosis drugs market, Nano Intelligence Biomedical Engineering Corporation (NIBEC) on August 3, 2018, stated that it productively concluded pre-clinical trials for its peptide-associated osteoporosis therapy. The spokesperson of the company further explained that the company is aiming to apply for Phase 1 as well as non-clinical tests in the coming period.
This review is based on a report by Zion Market Research, titled "Osteoporosis Drugs Market (Bisphosphonates, Calcitonin, Rank Ligand Inhibitors, Parathyroid Hormone Therapy (PTH) and Selective Estrogen Receptor Modulators (SERMs)) for Male and Female Population: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021."- Report at https://www.zionmarketresearch.com/report/osteoporosis-drugs-market
As predicted in this study, the global market for osteoporosis drugs in 2015 stood at US$ 11.20 Billion. Seeing a huge increment between 2015 and 2021, the revenue in the global market is anticipated to cross US$ 14.30 Billion by the end of 2021. The major products present in the global market are rank ligand inhibitors, bisphosphonates, parathyroid hormone therapy, and selective estrogen receptor modulators. Amongst these, the demand for bisphosphonates is quite more and the trend is expected to stay the same for the coming period, as per the research report.
Rising Elderly Population Prone To Bone Disorders To Boost Market Development
“Widespread increase in geriatric population together with changing lifestyles affecting bone health is expected to flourish the development of osteoporosis drugs market in the coming years,” as per the researchers at ZMR. In addition to this, increasing cases of osteoporosis seen in post-menopausal females is expected to strengthen the expansion of the osteoporosis drugs market in the coming period.
Apparently, different side-effects and complications such as irritable bowel syndrome, nausea, heartburn, and stomach ulcers are seen in the people after usage of osteoporosis drugs. These negative effects are expected to hinder the expansion of the global market over the years to come. Nonetheless, persistent aim of market players on designing new drugs that will assist in lowering the off-putting effects along with high investments in R&D campaigns pertaining to new drug invention are expected to generate new growth avenues for the global market, thereby balancing hindering effects on osteoporosis drugs market, as per the report.
Existence Of Enhanced Healthcare Infrastructure To Maintain Dominance of North America In The Market
Regionally, North America has been in the leading position in the global osteoporosis drugs market and is expected to maintain the vanguard position in the coming years, as per the market report. The existence of a well-established healthcare and medical infrastructure along with drug delivery system is the major factor responsible for the supremacy of the North America in the market. Moreover, favorable R& D policies by the government towards the osteoporosis drug applications and huge investments in the healthcare activities will further elevate the growth of osteoporosis drugs market.
This report segments the global osteoporosis drugs market as follows:
Global Osteoporosis Drugs Market: Drug Class Segment Analysis
Global Osteoporosis Drugs Market: Gender Segment Analysis
Global Osteoporosis Drugs Market: Regional Segment Analysis
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