Bisphosphonates Market Value Share, Supply Demand 2016-2026 FMI | Page 3

Report Description Report Description Bone resorption and bone formation takes place continuously in the body and is a balanced process, but when there is imbalance in this process the bones get dissolved by the osteoclasts and start losing calcium. This eventually leads to osteoporosis and other conditions like hypercalcemia as the calcium mixed in the blood. Bisphosphonates prevent bone damage and are used for bone strengthening and hardening. Bisphosphonates are group of drugs having high affinity for the bone tissue and are widely used for treatment of bone related diseases like osteoporosis, myeloma and bone metastasis. With the rising incidence rate of myeloma and geriatric population the Bisphosphonates market is expected to show healthy growth during the forecast period. The Bisphosphonates market is mainly driven by the incidence and prevalence rate of bone diseases. The expansion in geriatric population is the major driver for the bisphosphonates market. Ageing people start losing bone density and may suffer from fractures therefore bisphosphonate treatment becomes necessary for such patients. According to the U.S. Department of Health and Human Services, 2013 survey, nearly 14.1% of the U.S. population was aged above 65 years and is increasing rapidly. Another significant factor favorable for the growth of bisphosphonates market is the escalation in the number of women in the post-menopausal stage, who suffer from the weakening bones. The total number of women attaining menopause is estimated to cross 1 bn. by 2025, according to the International Menopause Society the number of menopausal women is higher in the developing. Incidence rate of cancers like myeloma which cause loss of bone density. Bisphosphonates are also used for therapy in the patients suffering from breast cancer and prostate cancer.