BURLINGTON, Mass., Dec. 21, 2015 /PRNewswire/ -- Decision Resources Group finds that, according to the Osteoporosis Pharmacor report, published December 2015, the osteoporosis market is expected to grow in value towards the end of the coming decade, driven largely by the launches of a number of novel treatments, as well as an aging population. The Osteoporosis Pharmacor report forecasts several novel brands will achieve blockbuster status by 2024 and reverse the current market decline. Despite the prominent position of generic bisphosphonates in osteoporosis treatment, the expected launch and uptake of a novel cathepsin K inhibitor, a sclerostin inhibitor and a parathyroid hormone analogue, all with demonstrated efficacy in reducing fracture risk, will stimulate growth of the osteoporosis market in the coming decade.
Interviewed thought leaders consider Merck's odanacatib, Amgen/UCB's romosozumab, and Radius Health's abaloparatide the most exciting therapies that will emerge over the next 10 years. However, despite some notorious safety concerns associated with bisphosphonates, this class will continue to dominate current and future prescriptions for osteoporosis. According to analyses of U.S. longitudinal patient-level claims data in the Treatment Algorithms: Osteoporosis report, published October 2015, bisphosphonates are the cornerstone of first line treatment in the United States, and are prescribed to 69 percent of newly-diagnosed patients as a first line of therapy. The high level of usage reflects the wide variety of dosing formulations and frequencies, a twenty-year history of managing osteoporosis symptoms, and the recently expanded, and now widespread availability of generic treatment options.
Other insights from Decision Resources Group's Pharmacor report entitled "Osteoporosis – 2015":
Comments from Decision Resources Group Analyst Gideon Heap:
Comments from Decision Resources Group Analyst Alexandra Hemsley:
For more information on purchasing this report, please email [email protected].
About Decision Resources Group
Decision Resources Group offers best-in-class, high-value data, analytics and insights products and services to the healthcare industry, delivered by more than 900 employees across 14 global locations. DRG provides the pharmaceutical, biotech, medical device, financial services and payer industries with the tools, insights and advice they need to compete and thrive in an increasingly complex and value-based marketplace. DecisionResourcesGroup.com.
Media contact:
SHIFT Communications
Theresa Masnik
617.779.1871
[email protected]
Logo - http://photos.prnewswire.com/prnh/20130103/MM36768LOGO
SOURCE Decision Resources Group
Share this article