Viscosupplementation Market Size, Research, Analysis - PowerPoint PPT Presentation

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Viscosupplementation Market Size, Research, Analysis

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The global viscosupplementation market is estimated to garner around USD 4 billion in revenue by 2031 by growing at a CAGR of nearly 8% over the forecast period, i.e., 2022 – 2031. The growth of the market can be attributed to rising prevalence of osteoarthritis among geriatric population, and increasing demand for minimally invasive surgeries. – PowerPoint PPT presentation

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Date added: 13 April 2022
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Title: Viscosupplementation Market Size, Research, Analysis


1
Global Viscosupplementation Market to Garner a
Revenue of nearly USD 4 Billion by 2031 Rising
Prevalence of Osteoarthritis Among Geriatric
Population to Drive Market Growth Kenneth
Research published a report titled
Viscosupplementation Market Global Demand
Analysis Opportunity Outlook 2031 which
delivers detailed overview of the
viscosupplementation in terms of market
segmentation by product, application, source, end
user, and by region. Further, for the in-depth
analysis, the report encompasses the industry
growth indicators, restraints, supply and demand
risk, along with detailed discussion on current
and future market trends that are associated
with the growth of the market.
Rising prevalence of osteoarthritis among
geriatric population is driving the need to adopt
viscosupplement injections for osteoarthritis
treatment. For instance, according to the Global
Health and Aging report by the World Health
Organization (WHO), an estimated number of
people, aged 65 and above, is projected to
increase from 524 million in 2010 to nearly 1.5
billion in 2050. Owing to these factors, the
global viscosupplementation market is anticipated
to garner around USD 4 billion in revenue by the
end of 2031 by growing at a CAGR of 8
throughout the forecast period, i.e., 2022
2031. Request sample report https//www.kennethre
search.com/sample-request- 10070475
2
The global market is segmented by product into
single injection, three injection, and five
injection, out of which, the three injection
segment is expected to hold the major share over
the forecast period on the back of the
preference by medical practitioners referring
patients to adopt three injection treatment to
avoid total knee replacement surgery in case of
osteoarthritis. Geographically, the market is
segmented into five major regions including North
America, Europe, Asia Pacific, Latin America and
Middle East Africa region. Among these regions,
the market in North America is estimated to hold
the largest share of the market and witness
significant growth over the forecast period. The
factors driving the market growth in the region
are high prevalence of osteoarthritis diseases,
such as knee, hip, and hand osteoarthritis. For
instance, according to the Arthritis By The
Numbers report by Arthiritis Foundation in the
United States, it was estimated that the number
of adults in the U.S. with doctor-diagnosed
arthritis is expected to be nearly 78.4 million
by 2040, which is 25.9 percent of all adults in
the country. Additionally, the market in Asia
Pacific region is projected to witness highest
growth over the forecast period. The research is
global in nature and covers detailed analysis on
the market in North America (U.S., Canada),
Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands Luxembourg,
NORDIC Finland, Sweden, Norway, Denmark,
Poland, Turkey, Russia, Rest of Europe), Latin
America (Brazil, Mexico, Argentina, Rest of Latin
America), Asia-Pacific (China, India, Japan,
South Korea, Indonesia, Singapore, Malaysia,
Australia, New Zealand, Rest of Asia-Pacific),
Middle East and Africa (Israel, GCC Saudi
Arabia, UAE, Bahrain, Kuwait, Qatar, Oman,
North Africa, South Africa, Rest of Middle East
and Africa). In addition, analysis comprising
market size, Y-O-Y growth opportunity analysis,
market players competitive study, investment
opportunities, demand for future outlook etc. has
also been covered and displayed in the research
report. Request sample report https//www.kenneth
research.com/sample-request- 10070475 Increasing
Demand for Minimally Invasive Surgeries related
to osteoarthritis to Boost the Market
Growth Increasing demand for minimally invasive
surgeries related to osteoarthritis is driving
the growth of the market. Additionally,
introduction of enhanced new drugs related to
viscosupplementation, and rising healthcare
expenditure are further expected to boost the
3
market growth in the upcoming years. Moreover,
increasing government initiatives, and rising
investments by the key companies are predicted to
propel the growth of the viscosupplementation
market. However, high cost associated with the
treatment, and lack of inefficiency and safety of
the product are expected to operate as key
restraints to the growth of the global
viscosupplementation market over the forecast
period. This report also provides the existing
competitive scenario of some of the key players
of the global viscosupplementation market which
includes company profiling of SEIKAGAKU
CORPORATION, Anika Therapeutics, Inc., Bioventus,
Ferring B.V., Sanofi, Lifecore, KiOmed Pharma,
LG Chem, Smith Nephew, Avanos Medical, Inc.,
and others. The profiling enfolds key information
of the companies which encompasses business
overview, products and services, key financials
and recent news and developments. On the whole,
the report depicts detailed overview of the
global viscosupplementation market that will help
industry consultants, equipment manufacturers,
existing players searching for expansion
opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the
future. Request sample report https//www.kenneth
research.com/sample-request- 10070475 Kenneth
Research is a leading service provider for
strategic market research and consulting. We aim
to provide unbiased, unparalleled market insights
and industry analysis to help industries,
conglomerates and executives to take wise
decisions for their future marketing strategy,
expansion and investment etc. We believe every
business can expand to its new horizon, provided
a right guidance at a right time is available
through strategic minds. Our out of box thinking
helps our clients to take wise decision in order
to avoid future uncertainties. Contact for more
Info AJ Daniel Email sales_at_kennethresearch.com
U.S. Phone 1 313 462 0609
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