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In May 2023, Amgen announced that Prolia® (denosumab) injection has been found effective in reducing the risk of fractures in postmenopausal women compared to a common pill treatment called oral alendronate. The announcement was based on new data from a real-world study of nearly half of a million postmenopausal women with osteoporosis in the U.S. medicare program. The treatment was also associated with greater reductions in fracture risk over time. Consequentially, doctors and patients are expected to prefer Prolia due to the promising long-term results. This announcement could also encourage further research and development of similar treatments, making more options available to help manage osteoporosis effectively.
The key features of the osteoporosis market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
Please note that this only represents a partial list of companies, and the complete list has been provided in the report.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of about USD 13.9 billion in 2023, driven by the increasing geriatric population.
The market is anticipated to grow at a CAGR of 3.58% during the forecast period of 2024-2032 and is likely to reach a market value of USD 19.9 billion by 2032.
The growing geriatric population, increasing prevalence of osteoporosis, innovations, technical advancements, government initiatives, clinical trials, and R&D activities are among the major factors driving the market growth.
The market growth is influenced by the approval of new treatment options, such as the approval of a generic version of Forteo in the United States.
The major regions of the market include the United States, EU-4 and the United Kingdom, and Japan. EU-4 is divided into Germany, France, Italy, and Spain.
There are two types of primary osteoporosis and secondary osteoporosis.
The therapies can be divided into bisphosphonates, selective estrogen receptor modulators, parathyroid hormone therapy, and RANK ligand inhibitors.
The routes of administration include oral and injectables, among others.
The distribution channels in the market include hospitals, retail pharmacies, and online pharmacies, among others.
Key players involved in the market are DAIICHI SANKYO COMPANY, Amgen Inc., Merck & Co., Inc, AbbVie Inc, Bayer AG, Johnson & Johnson Services, Inc., Sanofi., Bristol-Myers Squibb Company, Takeda Pharmaceutical Company Limited, Pfizer Inc., Astrazeneca, Eli Lilly and Company, Novartis AG, GlaxoSmithKline plc., and F. Hoffmann-La Roche Ltd.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124