Title: The Osteoporosis Drugs Market To Be Backed By Technological Innovation In The Next Decade
1The Osteoporosis Drugs Market To Be Backed By
Technological Innovation In The Next Decade
Report Id PMRREP2983 Category Life Science
Healthcare
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3North America to remain dominant in the global
parenteral medical nutrition market
- However, there are various side effects and
complications associated with osteoporosis drugs
such as heartburn, irritable bowel syndrome,
nausea, and ulcers in the stomach or esophagus.
Furthermore, patent expiration of osteoporosis
drugs also inhibits the growth of the market.The
osteoporosis drugs market is anticipated to grow
from an estimated US11,226.1 Mn by the end of
2015 to account for US14,786.7 Mn by 2022 at a
CAGR of 4.0 during the forecast period. - In North America, the prevalence of osteoporosis
is high primarily due to increasing geriatric
population, growing obesity, and rising
prevalence of lifestyle associated diseases in
the region. According to the National
Osteoporosis Foundation, in 2013, approximately
54 million people in the U.S. aged 50 years and
above were affected by osteoporosis and low bone
mass. According to the U.S. Department of Health
and Human Services, in the U.S., approximately
250,000 hip fractures are associated with
osteoporosis. - In Europe, increasing aging population, changing
lifestyles, and increasing consumer awareness
about osteoporosis care are driving the growth of
the osteoporosis drug market. According to the
International Osteoporosis Foundation,
approximately 5.5 million men and 22 million
women suffered from osteoporosis in 2010.
Moreover, according to International Osteoporosis
Foundation, approximately 27.5 million people in
Europe suffered from osteoporosis in 2010 and the
number is expected to reach 33.9 Mn by 2030.
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4Market Segmentation
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