A recent report published by Infinium Global Research on joint pain injections market provides an in-depth analysis of segments and sub-segments in the global as well as regional joint pain injections market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional joint pain injections market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global joint pain injections market. According to the report, the global joint pain injections market is projected to grow at a CAGR of 8.4% over the forecast period of 2019-2025.
Joint pain injections reduce joint inflammation and pain. Joint pain injections are used due to the inadequacy of available treatment options to cure joint disorders. Companies operating in the global joint pain injections market are focusing on mergers, acquisitions, and new product launches that maximize their market share.
The rising geriatric population which is more prone to joint pains drives the growth of the joint pain injections market. The increasing prevalence of joint disorders contributes to the growth of the joint pain injections market. Obesity is also a major factor in joint disorders. The rising number of obese population promotes the growth of the joint pain injections market. The growing incidences of arthritis and other bone-related disorders boost the growth of the joint pain injections market. The insufficient treatment option available currently to cure arthritis stimulates the adoption of joint pain injections in arthritis treatment. This contributes to the growth of the joint pain injections market. On the flip side, side effects associated with joint pain injections hinder the growth of the joint pain injections market. Moreover, research and development in the healthcare sector create numerous opportunities for the growth of the joint pain injections market.
Based on geography, the global joint pain injections market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. North America is expected to hold a premium share in the global joint pain injections market. The increasing prevalence of joint-related disorders and the rising obese population in North America drive the growth of the joint pain injections market in North America. Asia-Pacific region is anticipated to grow in the global joint pain injections market with a significant CAGR over the forecast period. With the increasing geriatric population and rising awareness about joint pain in countries like India, China contributes to the growth of the joint pain injections market in Asia-Pacific. Europe is showing growth in the global joint pain injections market.
The report on the global joint pain injections market covers segments such as injection type, joint type, and distribution channel. On the basis of injection type, the sub-markets include corticosteroid injections, hyaluronic acid injections, and other types. On the basis of joint type, the sub-markets include knee and ankle, hip joint, shoulder and elbow, facet joints of the spine, and other joint types. On the basis of the distribution channel, the sub-markets include retail pharmacies, hospital pharmacies, and online pharmacies.
The report provides profiles of the companies in the market such as Pfizer Inc., Allergan plc, Sanofi S.A., Ferring B.V., Bioventus LLC, Zimmer Biomet Holdings, Inc., Anika Therapeutics, Inc., Flexion Therapeutics, Inc., SEIKAGAKU CORPORATION, Chugai Pharmaceutical Co., Ltd., and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of joint pain injections market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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