|[February 24, 2014]
Research and Markets: Global Osteoporosis Drugs Market 2014-2018: One of the Main Challenges is the Multiple Patent Expirations
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/jhq3x3/global)
has announced the addition of the "Global
Osteoporosis Drugs Market 2014-2018" report to their offering.
The analysts forecast the Global Osteoporosis Drugs market to grow at a
CAGR of 3.98 percent over the period 2013-2018. One of the key factors
contributing to this market growth is the increasing global aging
population. The Global Osteoporosis Drugs market has also been
witnessing the increasing awareness of bone health education. However,
the multiple patent expiries could pose a challenge to the growth of
Key vendors dominating this space are Amgen Inc., Eli Lilly & Co., Merck
& Co. Inc., and Novartis AG.
Other vendors mentioed in the report are Abiogen Pharma SpA, F.
Hoffmann La Roche Ltd., GlaxoSmithKline plc, Ligand Pharmaceuticals
Inc., NPS Pharma Inc., and Pfizer Inc.
Commenting on the report, an analyst from the team said: There has been
an increase in awareness of bone education among patients and
physicians. Enhanced patient and physician awareness is expected to lead
to earlier disease diagnosis and treatment. The acceptability of
osteoporosis drugs is expected to rise due to the increasing public
awareness. This will probably result in increasing drug penetration.
Raising general awareness about osteoporosis has led to an increase in
research funding and support for clinical and support services. For
instance, May is celebrated as National Osteoporosis Awareness and
Prevention Month every year.
This has encouraged women and men to start conversations about bone
health and family history as the first steps to protecting themselves
and future generations from osteoporosis. Similarly, the National
Osteoporosis Foundation is the leading health organization dedicated to
preventing osteoporosis and broken bones, promoting strong bones for
life, and reducing human suffering, through programs of public and
clinician awareness, education, advocacy, and research. These
collaborations have helped to considerably increase the awareness about
For more information visit http://www.researchandmarkets.com/research/jhq3x3/global
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