ANTI-OSTEOPOROSIS AND FRACTURE HEALING MARKET ANALYSIS

Market Challenges And Opportunities

In the recent past, various regulatory bodies such as European Medicines Agency (EMA), U.S. Food and Drug Administration (FDA), Medicines and Healthcare Products Regulatory Agency (MHRA), and others approved new drugs for treatment of osteoporosis. Approval and launch of such new drugs are expected to drive global Anti-Osteoporosis and Fracture Healing Market growth over the forecast period. For instance, in April 2017, Radius Health Inc., a biopharmaceutical company, received approval from U.S. Food and Drug Administration (FDA) for TYMLOS (abaloparatide) injection, for treating postmenopausal women with osteoporosis who are at high risk of fracture. This drug reduces the occurrence of spinal cord and peripheral skeleton fractures in postmenopausal women.

Furthermore, key players are launching new treatment methods for osteoporosis in the market. For instance, in January 2016 Ahn-Gook Pharmaceutical Co., Ltd., a South Korea based pharmaceutical company, received approval from the Korean Ministry of Food and Drug Safety (MFDS) for marketing of Binosto buffered alendronate in Korea. Alendronate reduces bone loss and buffering reduces the exposure of stomach and esophagus to acidified alendronate. Such new product launches are expected to fuel global Anti-Osteoporosis and Fracture Healing Market growth over the forecast period.

Anti-Osteoporosis and Fracture Healing Market Restraints

Bisphosphonate pills, a commonly used medication for osteoporosis are not well absorbed in the stomach and are involved with side effects such as stomach upset and heartburn. In addition to this, increased awareness regarding osteoporosis, especially in women, has resulted in consumption of calcium and vitamin rich diet and adapting physiotherapeutic measures for prevention of occurrence of osteoporosis. These factors are expected to restrain global Anti-Osteoporosis and Fracture Healing Market growth over the forecast period.