Global Osteoporosis Drugs Market

Osteoporosis Drugs Market Size, Share, Growth Analysis, By Drug Class(Branded, Generic), By Type(Bisphosphonates, Parathyroid Hormone, Calcitonin, Selective Estrogen Inhibitor Modulator), By Distribution Channel(Hospitals Pharmacy, Retail Pharmacy, Online Pharmacy), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35I2282 | Region: Global | Published Date: October, 2024
Pages: 157 | Tables: 34 | Figures: 74

Osteoporosis Drugs Market News

  • In October 2024, Amgen announced its ever green-phased successful completion of the new Phase III clinical trial for osteoporosis drugs Evenity (romosozumab). The study brought significant improvements in reducing fractures among postmenopausal women with osteoporosis. It aims further to improve the effect of the drug by increasing treatment options for high-risk patients and continuing global regulatory approvals. 
  • In September 2024, Eli Lilly launched an all-new formulation, by the name of Forteo (teriparatide) for easy administration. This new injectable form is aimed at effective patient adherence in order to broaden the scope of osteoporosis treatment. The company has earmarked efforts at making this condition more affordable and accessible, especially in emerging markets with limited treatment options. 
  • In August 2024, Novartis received approval from the European Medicines Agency for its new bisphosphonate-based drug targeting bone strength in osteoporotic patients. This drug is designed to reduce the frequency of fractures by strengthening bone mineral density. Novartis is expanding its presence in the osteoporosis market, especially in Europe and Asia.
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Global Osteoporosis Drugs Market size was valued at USD 7.1 billion in 2022 and is poised to grow from USD 7.34 billion in 2023 to USD 9.59 billion by 2031, growing at a CAGR of 3.40% during the forecast period (2024-2031).

The global osteoporosis drugs market is highly competitive, with several pharmaceutical giants dominating the landscape. For instance, there are major players including Amgen, Novartis, Eli Lilly and Sanofi which lead in bringing into the market innovative therapies including Rank Ligand Inhibitors, bisphosphonates and anabolic agents. They are interested in diversifying product portfolios, research and development and increasing patient access through various formulations to impact the market. There is more collaboration and partnership within the market competition that intensifies in favor of proving treatment solutions to meet the rising demand for effective treatment for osteoporosis.  'Amgen Inc. (US) ', 'Eli Lilly and Company (US) ', 'Merck & Co., Inc. (US) ', 'Novartis International AG (Switzerland) ', 'Pfizer Inc. (US) ', 'GlaxoSmithKline plc (UK) ', 'Radius Health, Inc. (US) ', 'UCB S.A. (Belgium) ', 'Teva Pharmaceutical Industries Ltd. (Israel) ', 'Roche Holding AG (Switzerland) ', 'Bristol-Myers Squibb Company (US) ', 'Sanofi S.A. (France) ', 'AbbVie Inc. (US) ', 'AstraZeneca PLC (UK) ', 'Hologic, Inc. (US) ', 'Lundbeck A/S (Denmark) ', 'Eisai Co., Ltd. (Japan) ', 'Ferring Pharmaceuticals (Switzerland) ', 'Sandoz International GmbH (Switzerland) ', 'Servier Laboratories (France) ', 'Bayer AG (Germany) ', 'Grunenthal GmbH (Germany)'

Increasing Adoption of Injectable Therapies: Injectable therapies, for example, the Rank Ligand Inhibitors and anabolic agents, have gained a lot of attention from the effect they produce and the lasting period. These therapies fit the profile of treating patients for severe osteoporosis, hence feeding the increased demand for injectable drugs in the global osteoporosis market. 

North America dominates the global osteoporosis drugs market due to its advanced healthcare infrastructure, high awareness of osteoporosis, and strong focus on early diagnosis and treatment. Real investments develop into research and development and have hence boosted the rapid embrace of some highly innovative therapy agents, such as Rank Ligand Inhibitors and anabolic agents. Aging and high incidence rates of osteoporosis-related fractures further fuel demand. Other elements that build patient uptake include very good reimbursement policies and access to advanced diagnostic tools. Collaboration between pharmaceutical companies and regulatory bodies and health care providers creates a strong channel for new osteoporosis agents to the market, hence consolidating the leadership of North America. 

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Global Osteoporosis Drugs Market

Report ID: SQMIG35I2282

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