The increasing prevalence of target diseases, high awareness, and well-established healthcare structure are some of the key factors driving the market in South Korea. The prevalence of osteoporosis in Korean adults aged 50 or above was 35.5% in women and 7.5% in men.
The estimated osteoporosis diagnosis rate was 26.2% (men 5.8% & women 29.9%) and the treatment rate was 12.8%. Global and local pharmaceutical companies and research organizations are adopting different market strategies to improve women’s health in South Korea.
For instance, in June 2020, Daewon Pharmaceutical launched the teriparatide biosimilar Terrosa used for the treatment of osteoporosis in postmenopausal women. Similarly, in December 2023, Zydus Lifesciences Ltd.
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