As per this study, the Global Joint Pain Injections Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
A joint injection or intra-articular injection is a procedure used for the treatment of inflammatory joint conditions such as rheumatoid arthritis, psoriatic arthritis, gout, tendinitis, bursitis, Carpal Tunnel Syndrome, and occasionally osteoarthritis. A dose of an anti-inflammatory agent such as corticosteroid is injected through a hypodermic needle at the affected joint. Sometimes hyaluronic acid is also used to replace bursa fluids in joints.
The increasing prevalence of joint disorders across the globe is primarily driving market growth. The increasing adoption of viscosupplementation and increasing cases of obesity is again boosting the market growth. Rising cases of rheumatoid arthritis, osteoarthritis, spinal disorders, and severe limb trauma are further fuelling market growth. However, the availability of alternatives such as surgery and other procedures are likely to hamper market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of joint pain injections.
The broad joint pain injections market has been sub-grouped into type and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Corticosteroid Injections
- Hyaluronic Acid Injections
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for joint pain injections in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Joint Pain Injections Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the joint pain injections market include Anika Therapeutics, Bioventus, Chugai Pharmaceutical, Ferring Pharmaceuticals, Flexion Therapeutics, Pfizer, Sanofi, Seikagaku and Zimmer Biomet. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.