Anti Osteoporosis Therapy and Fracture Healing Market to Grow with a CAGR of 3.14% through 2028
Rising aging population and increasing prevalence of
osteoporosis are factors driving the Global Anti Osteoporosis Therapy and
Fracture Healing Market in the forecast period 2024-2028.
According to TechSci Research report, “Anti
Osteoporosis Therapy and Fracture Healing Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global Anti
Osteoporosis Therapy and Fracture Healing Market stood at USD 14.02 billion in
2022 and is anticipated to grow with a CAGR of 3.14% in the forecast period,
2024-2028. Osteoporosis is a global healthcare challenge,
affecting millions of people worldwide. As the aging population continues to
grow and lifestyle-related risk factors persist, the demand for
anti-osteoporosis therapy and fracture healing solutions is on the rise. The
global market for these therapies is being driven by various factors, including
demographic shifts, technological advancements, and an increased awareness of
bone health.
One of the primary drivers of the global
anti-osteoporosis therapy and fracture healing market is the rapidly aging
global population. As people age, the risk of developing osteoporosis and
suffering from bone fractures increases significantly. With a growing number of
elderly individuals, there is an expanding market for pharmaceuticals and
medical devices that aim to prevent and treat osteoporosis and facilitate
fracture healing. This demographic shift is set to continue as life expectancy
increases and birth rates decline in many regions.
The prevalence of osteoporosis is rising
across the world, particularly among postmenopausal women and the elderly.
Factors such as sedentary lifestyles, poor dietary habits, and decreasing
physical activity levels contribute to this trend. As a result, the demand for
anti-osteoporosis therapies, including medication, supplements, and medical
devices, is steadily growing. The increasing awareness of the importance of
bone health among healthcare professionals and patients has further fueled this
demand. The global anti-osteoporosis therapy and fracture healing
market is benefiting from continuous advancements in medical technology.
Innovations in diagnostic tools, such as bone density scans and genetic
testing, have improved the early detection and monitoring of osteoporosis.
Moreover, the development of novel pharmaceuticals and therapeutic approaches
has enhanced the efficacy and safety of anti-osteoporosis treatments. Advanced
surgical techniques and medical devices also play a crucial role in the fracture
healing process, contributing to the growth of the market.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Anti Osteoporosis Therapy and Fracture Healing Market.”
The Global Anti Osteoporosis Therapy and Fracture
Healing Market is segmented into drug type, route of administration, distribution
channel and company.
Based on Route of Administration, the oral segment has
emerged as the predominant market leader. Oral medications can be easily self-administered,
reducing the need for frequent clinic visits. This convenience promotes patient
adherence to treatment regimens, which is crucial for the long-term success of
anti-osteoporosis therapy. Oral medications have a long history of use and
widespread acceptance in the medical field. Patients are familiar with taking
pills or tablets, which further enhances their willingness to comply with
treatment plans.
Based on region, North America segment is expected to
grow during the forecast period. North America has actively promoted
awareness about osteoporosis and the importance of bone health. This
educational effort results in early diagnosis and the proactive pursuit of
treatment, driving the market's growth. Regulatory agencies like the FDA in the United States
play a crucial role in assessing and approving new osteoporosis therapies and
fracture healing treatments. Their transparent and robust regulatory processes
ensure the safety and efficacy of these treatments, which in turn instills
confidence in healthcare professionals and patients.
The Asia Pacific region is experiencing rapid market
growth. Asia Pacific pharmaceutical and biotechnology companies continually
invest in research and development, resulting in the discovery of new drugs,
therapies, and medical technologies that cater to the needs of patients with
osteoporosis and fractures.
Major companies operating in Global Anti
Osteoporosis Therapy and Fracture Healing Market are:
- GlaxoSmithKline plc
- Medtronic Plc.
- Merck & Co. Inc.
- Novartis AG
- Pfizer inc.
- Eli Lilly and Co.
- F. Hoffmann-La Roche Ltd
- Stryker Corporation
- Teva Pharmaceutical Industries Ltd.
- Orthofix US LLC
Download Free Sample Report
Customers can also request for 10%
free customization on this report.
“The global market for anti-osteoporosis therapy and
fracture healing is experiencing substantial growth driven by various factors,
including demographic changes, technological advancements, increased awareness,
rising healthcare expenditure, and the expansion into emerging markets. With
the aging population and the growing prevalence of osteoporosis, the demand for
effective solutions to prevent and treat this condition remains robust. As
innovations continue to shape the landscape of osteoporosis management and
fracture healing, the market is likely to expand further, offering hope for
better bone health and fracture recovery for individuals worldwide.,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Anti Osteoporosis Therapy and Fracture
Healing Market By Drug Type (Calcitonin,
Bisphosphonates, Hormone Replacement Therapy, Anabolic, Others), By Route of
Administration (Oral, Injectable), By Distribution Channel
(Hospital Pharmacies, Retail Pharmacies, E-Commerce), By Region, By
Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Global Anti Osteoporosis Therapy and Fracture
Healing Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Anti Osteoporosis
Therapy and Fracture Healing Market.
Contact Us-
TechSci Research LLC
420 Lexington Avenue, Suite
300,
New York, United States-
10170
M: +13322586602
Email: [email protected]
Website: www.techsciresearch.com