08 March 2013 | Analysis | By BioSpectrum Bureau
GlobalData estimates the osteoporosis therapeutics market to reach $8 billion in 2022 from $6 billion in 2012
Singapore: According to GlobalData, the osteoporosis therapeutics market of the US, France, Germany, Italy, Spain, the UK, Japan, China, and India will reach a value of $8 billion in 2022 from $6 billion in 2012, including both branded and generic products.
A major paradigm shift in late and mid-stage product development from anti-resorptive therapies to anabolic drugs will prove to be the key driver in the global osteoporosis market, states research and consulting firm GlobalData.
Six major osteoporosis drugs will lose patent protection over the forecast period, which would strangle market growth if it were not for the introduction of several anabolic alternatives with the potential to become market leaders.
Three late-stage pipeline products, romosozumab, BA-058, and oral PTH, have been found to be highly efficacious, sometimes increasing bone mineral density (BMD) by double that achieved by current treatment options. In particular, Romosozumab, Amgen and UCB's hugely promising novel anti-sclerostin mAb, is expected to reach revenue of $905 million in 2022, following its anticipated launch in 2016.