The osteoporosis drugs market is increasing at a significant rate, due to increase in aging population, increasing incidence of osteoporosis in post-menopausal females and growing appreciation of osteoporosis care by the consumers. Increasing concentration on research and development for advanced osteoporosis drugs is providing ample opportunities for the osteoporosis drugs market to grow in the coming years.
North America leads the osteoporosis drugs market, due to increasing investment on research and development in the region for innovation of advanced drugs, growing aging population and increasing occurrence of lifestyle related diseases. The Asia-Pacific osteoporosis drugs market is expected to grow with an exponential rate in the coming years. India and China are the growing with the highest rate in osteoporosis drugs market. The highest growth rate of the countries is, due to huge pool of patients, growing healthcare expenditure, increasing geriatric population, modifying lifestyles and rising appreciation of osteoporosis care.
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Osteoporosis disease occurs due to reduced bone mineral density, which causes increased risk of fractures and fragile bones. Bone mineral density decreases naturally with age, thus aging population is facing high risks of osteoporosis disease. The decline in bone strength is only visible after the bone gets fractured. Most of the spine, hip and forearm fractures occur within aged people of 65 years and above. . The consumers having a family history of the osteoporosis disease are at intensified risk of the disease, since it is a heritable disease. Especially, the consumers from Asian and European origins have more risks of osteoporosis disease. One of the major procedures to build stronger muscle and bones is exercising regularly during the teenage years, which in turn leads to a lower risk of osteoporosis disease. The increasing trend of inactive lifestyle and obesity leads to growing prevalence of osteoporosis disease.
Some of the signs and symptoms of the osteoporosis are falling risk and fractures. Diagnostics tests of osteoporosis include biomarkers, dual energy X-Ray test and traditional radiography tests. Osteoporosis disease can be managed by nutrition emphasis, lifestyle management and medicines. Duavee, romosozumab and odanacatib are some of the drugs for osteoporosis disease that are under development stage.
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Some of the competitors in the osteoporosis drugs market are, Eli Lilly and Company, Teva Pharmaceutical Industries Ltd., Merck & Co, Inc., F. Hoffmann La Roche Ltd., Novo Nordisk A/S, Actavis PLC, Novartis International AG, Amgen, Inc., and Pfizer, Inc.
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