Osteoporosis is a disease in which the density and quality of bones are reduced, often resulting in broken bones in the wrist, hip, and spine. Various factors responsible for causing osteoporosis include genetic factors, low intake of calcium, magnesium, and vitamin D, eating disorders such as anorexia, inactivity and immobility, and excessive alcohol intake. Moreover, conditions that increase the risk of osteoporosis include cancer, chronic kidney diseases, chronic obstructive pulmonary disease, and some autoimmune disease such as rheumatoid arthritis. However, osteoporosis treatment involves preventing and treating fractures and using medication to strengthen bones. Treatment usually includes medications such as Bisphosphonates are the most common drugs prescribed for the treatment of osteoporosis. Furthermore, hormone therapy treatment is recommended for post-menopausal women, as they experience a drop in the levels of estrogen, which weakens the bones.
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Rising innovative therapies is expected to foster growth of the osteoporosis treatment market
The major factor contributing to growth of the global osteoporosis treatment market is the rising cases of osteoporosis across the world. According to the International Osteoporosis Foundation, in 2017, around 200 million people across the world are estimated to be diagnosed with the disease. In addition, increasing prevalence of osteoporosis in post-menopausal women, rising innovative therapies for osteoporosis treatments that are in the pipeline such as monoclonal antibody that would bind and inhibit the action of sclerostin, a protein which is associated with the abnormal bone growth are also expected to favor the market growth. Favorable conditions to speed up the bone formation process and decrease bone breakdown can be attained by inhibiting the synthesis of unwanted proteins.
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