Product ID: UCMIG35I2321
Report ID:
UCMIG35I2321 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2022, the global market for treating postmenopausal osteoporosis was valued at $9.12 billion and is projected to experience a 5.2% compound annual growth rate (CAGR) from 2023 to 2030. This growth is attributed to factors such as sedentary lifestyles, unhealthy dietary habits impacting women's menstrual cycles and increasing their susceptibility to the disease. Furthermore, the rising elderly population is contributing to the demand for treatments in this market. Notably, various prominent companies are actively engaged in the development of postmenopausal osteoporosis therapies, including Teva Pharmaceutical, which has advanced drug candidates, particularly their phase III Denosumab biosimilar, TVB-009, designed for postmenopausal osteoporosis management.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Pharmaceuticals by segment aggregation, the contribution of the Pharmaceuticals in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG35I2321