
Report ID: SQMIG35I2282
Report ID:
SQMIG35I2282 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|
Tables:
34 |
Figures:
74
Osteoporosis Drugs Market Drivers
Aging Population Driving Demand
The aging population across the globe is the major factor behind the increasing global osteoporosis drugs market size, as older adults stand a significant risk for bone density loss and fractures. This change in demographics will increase the prevalence of osteoporosis and consequently the demand for effective treatment for bone improvement, which will, in turn, encourage economic burdens from fractures.
Advancements in Therapeutic Innovations
Innovations that include new drug development in targeted therapies such as Rank Ligand Inhibitors and anabolic agents are boosting the market further. It gives improved efficacy, reduced side effects, and unmet needs of osteoporosis management treatment. Better formulations such as extended-release formulations and injectables are also expected to support increasing penetration among patients and healthcare providers on a global scale.
Osteoporosis Drugs Market Restraints
Side Effects and Safety Concerns
Certain osteoporosis drugs, particularly bisphosphonates and anabolic agents, are associated with side effects like gastrointestinal issues and osteonecrosis of the jaw. These safety concerns often lead to poor patient adherence and limit the long-term use of treatments, restricting the market’s potential and influencing healthcare providers' prescribing practices.
Regulatory and Approval Challenges
This can pose regulatory obstacles for the approval of new osteoporosis drugs, which can slow entry into the market. In addition, due to the high cost of conducting clinical trials, the introduction of new treatment modalities and new medicines is severely restricted, thus limiting both and restricting overall market growth.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG35I2282