Market Analysis Report Osteoporosis Market | Page 2

growth potential over the coming years. Moreover, the geriatric population possessing high susceptibility for osteoporosis is further presumed to propel the high demand. Osteoporosis Market Covers the Table of Contents With Segments, Key Players And Region. Based on drug type, Osteoporosis Market is sub segmented into bisphosphonates, parathyroid hormone therapy, calcitonin, selective estrogen inhibitors modulator (SERM) and rank ligand inhibitors. Bisphosphonates is extensively used for prevention and treatment of osteoporosis, thus dominating the osteoporosis treatment market. Geographically, North America is the leading the global osteoporosis market, mainly due to increased number suffering from osteoporosis. Technological advancements and increasing awareness about the disease have also grown in this region. Increasing population in the Asia Pacific will also boost the demand for osteoporosis market in the forecast period. Major Players profiled in the Osteoporosis Market report incorporate: Aegis therapeutics, Amgen, Bone medical, Chugai pharmaceutical, Eli lilly, Merck & co., Novartis pharma, Novo nordisk, Ranbaxy laboratories and Osteologix. Latest Industry News 1 Amgen (NASDAQ: AMGN) and UCB (Euronext Brussels: UCB) today announced that the U.S. Food and Drug Administration (FDA) has approved EVENITY™ (romosozumab-aqqg) for the treatment of osteoporosis in postmenopausal women at high risk for fracture. EVENITY is the first and only bone builder with a unique dual effect that both increases bone formation and to a lesser extent reduces bone resorption (or bone loss) to rapidly reduce the risk of fracture. A full course of EVENITY therapy is 12 monthly doses administered by a healthcare provider.2 Since osteoporosis is a chronic disease, continued therapy with an anti-resorptive agent should be considered once EVENITY therapy is completed. MS neurologists in the United States, Canada, and Germany tested the tool with 198 patients with a diagnosis of RRMS, SPMS or a suspected transition to SPMS. In the validation study, physicians went through a series of weighted questions with the patients based on their experience in the last six months. The questions aim to gather information on symptoms and how they impact daily life and activities. Once completed, the algorithm generated a visual output that the physicians could use to facilitate a discussion around the level of disease progression. The results from the validation study demonstrated that MSProDiscussTM was able to differentiate between RRMS and SPMS patients with high sensitivity and specificity and thus also inform about patients in transition. One in two women will experience a fracture due to osteoporosis in her lifetime.1 These fractures can be devastating, with many leading to hospital stays and life-altering consequences.3 The FDA approval of EVENITY represents an important therapeutic development for patients who need a medicine that can rapidly increase bone mineral density and help reduce the risk of future fractures within 12 months," said David M. Reese, M.D., executive vice president of Research and Development at Amgen.