Latest industry research report on Osteoporosis Drug market. Osteoporosis is a condition in which the bones become weak and fragile due to the loss of tissue. This condition can arise due to hormonal changes, the deficiency of calcium or vitamin. In osteoporosis, the microstructure of bones is changed due to the change in bone mass and bone density.
Osteoporosis can cause severe injury or pain and requires timely treatment. Osteoporosis patients find it difficult to comply with the strict dosage schedules of drugs, hence the drug developers are focusing on the production of osteoporosis drugs with easy dosage patterns. The increasing incidences of osteoporosis, a considerable rise in the geriatric populations along with a large prevalence of sedentary lifestyles, would supplement the developments and growth in the global osteoporosis drugs market over the analysis period.
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The use of RANK Ligand Inhibitors to treat osteoporosis has created opportunities for new as well as existing players, to develop new drugs in the market. Factors restraining the market growth are stringent regulatory environment and the time consuming drug approval process.
For instance, recently in 2015, Eli Lilly has launched a product named teriparatide, a new drug for osteoporosis. This drug, which can be self-injected is being delivered to patients houses directly without middlemen ship of pharmacies, which has helped company to earn additional margins. The companies profiled in this report are Aegis therapeutics, Amgen, Bone medical, Chugai pharmaceutical, Eli lilly, Merck & co., Novartis pharma, Novo nordisk, Ranbaxy laboratories and Osteologix.
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The Osteoporosis Drugs Market is segmented as below:
Osteoporosis Drugs Market By Drug Type
- Parathyroid Hormone Therapy (PTH) Drugs
- Selective Estrogen Receptor Modulators (SERMs)
- RANKL (Receptor activator of nuclear factor kappa-B ligand) Inhibitors
- Others (Vitamin D, Calcium)