Report ID: SQMIG35I2282
Report ID:
SQMIG35I2282 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|
Tables:
34 |
Figures:
74
Osteoporosis Drugs Market size was valued at USD 7.34 Billion in 2023 and is poised to grow from USD 7.59 Billion in 2024 to USD 9.92 Billion by 2032, growing at a CAGR of 3.40% during the forecast period (2025-2032).
The diagnosis, monitoring, and treatment of osteoporosis had become much better by virtue of the medical technologies, which included new medication delivery systems as well as devices used in measuring bone density. All of this contributes to an increase in the number of treatment options and better outcomes for patients towards improving the productivity of osteoporosis medications and thus its future prospects in the market. The osteoporosis drugs are specifically meant for prevention, treatment, or management of the disease, which is characterized by reduced bone mass and a consequent increase in the fragility of bones and susceptibility to fractures. These medications work to improve bone strength, slow down bone loss, and lower the risk of osteoporosis-related fractures. Medications intended for osteoporosis improve the quality of bone health while reducing the risk of fracture by inhibiting bone resorption, which is considered being the breakdown of bone tissue, and promoting the manufacture of new bones.
Numerous reasons are contributing to the development of the market, such as continued advances in drug discovery and the increased demand for integrated digital health solutions, enhanced attention on fracture prevention, and the ever-increasing rationalization with biologic medicines. Biologic medicines, including monoclonal antibodies that target key regulators of bone metabolism, are potentially effective treatment approaches against osteoporosis. Such medications might provide alternatives for patients who do not respond to traditional treatment or have intolerable side effects since their modes of action are more directed. Additionally, osteoporosis research and medication development are utilizing machine learning technology and artificial intelligence (AI) in healthcare.
US Osteoporosis Drugs Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35I2282