Dublin, March 24, 2023 (GLOBE NEWSWIRE) -- The "Joint Pain Injections Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global joint pain injections market grew from $4.66 billion in 2022 to $5.13 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The joint pain injections market is expected to grow to $7.13 billion in 2027 at a CAGR of 8.6%.
North America was the largest region in the joint pain injections market in 2022. The regions covered in the joint pain injections market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The rise in the prevalence of arthritis and musculoskeletal disorders will propel the growth of the joint pain injections market. Musculoskeletal disorders are the biggest cause of disability worldwide, with low back pain being the single most common cause of impairment in 160 nations. Patients are taking injections for pain relief and inflammatory condition.
For instance, in February 2021, according to the report published by WHO, approximately 1.71 billion people in the world are affected by musculoskeletal conditions and the number of people with musculoskeletal disorders is continuously growing due to population growth and aging.
Similarly, in 2021, according to the report by Global RA Network, arthritis affects about 350 million people worldwide and increasing rapidly. Therefore, the rising prevalence of arthritis and musculoskeletal disorder drives the joint pain injections market.
New product development is a key trend gaining popularity in the joint pain injections market. Major companies operating in the join pain injections sector are focused on new product innovations to meet consumer demand and strengthen their position. In September 2021, Contura International Ltd., a UK-based manufacturer of innovative therapeutic hydrogels, launched Arthrosamid.
Arthrosamid is an innovative hydrogel injection for knee osteoarthritis that uses non-biodegradable hydrogel technology, offers an alternative to existing treatments, satisfies a clinical need for a potent, long-lasting, secure, and minimally intrusive method of treating knee osteoarthritis pain (OA).
The countries covered in the joint pain injections market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Scope
Markets Covered:
1) By Type Of Injection: Steroid Joint Injection; Hyaluronic Acid Injections; Platelet-Rich Plasma (PRP) Injections; Placental Tissue Matrix (PTM) Injections; Other Type Of InjectionS
2) By Joint Type: Hip Joint; Knee And Ankle; Shoulder And Elbow; Facet Joints Of The Spine; Other Joint Types
3) By Distribution channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $5.13 billion |
| Forecasted Market Value (USD) by 2027 | $7.13 billion |
| Compound Annual Growth Rate | 8.6% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes
- Seikagaku Corporation
- Flexion Therapeutics Inc
- Zimmer Biomet
- Sanofi
- Anika Therapeutics Inc
Key Topics Covered:
1. Executive Summary
2. Joint Pain Injections Market Characteristics
3. Joint Pain Injections Market Trends And Strategies
4. Joint Pain Injections - Macro Economic Scenario
4.1 COVID-19 Impact On Joint Pain Injections Market
4.2 Ukraine-Russia War Impact On Joint Pain Injections Market
4.3 Impact Of High Inflation On Joint Pain Injections Market
5. Joint Pain Injections Market Size And Growth
5.1. Global Joint Pain Injections Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Joint Pain Injections Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Joint Pain Injections Market Segmentation
6.1. Global Joint Pain Injections Market, Segmentation By Type Of Injection, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Steroid Joint Injections
- Hyaluronic Acid Injections
- Platelet-Rich Plasma (PRP) Injections
- Placental Tissue Matrix (PTM) Injections
- Other Type Of Injections
6.2. Global Joint Pain Injections Market, Segmentation By Joint Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hip Joint
- Knee And Ankle
- Shoulder And Elbow
- Facet Joints Of The Spine
- Other Joint Types
6.3. Global Joint Pain Injections Market, Segmentation By Distribution channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
7. Joint Pain Injections Market Regional And Country Analysis
7.1. Global Joint Pain Injections Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Joint Pain Injections Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/7ez92a
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