Press release
Joint Diseases Market Size, Share - Industry Trend and Forecast 2017 - 2025
"Joint Diseases Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 " is the latest addition to MarketResearchReports.Biz industry research reports collection.The objectives of this study are as follows:
To define, describe, and forecast the "Joint Diseases " market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Joint disease is defined as any type of injury or inflammation or disease that affects human joints. Diseases of the joints could vary from acute to exceedingly chronic, unbearably painful or simply nagging and uncomfortable. It may be confined to one joint or may affect other parts of the skeleton. It can develop at any age; however, joint diseases are more prevalent in people aged between 40 and 65. Generally, women are at higher risk of developing joint diseases than men. However, it may vary with the type of joint disease. Joint diseases can be categorized into inflammatory joint disease, non-inflammatory joint diseases, and others. In inflammatory joint disease, inflammation is principal set of symptom while in non-inflammatory joint disease, inflammation may present to some extent but it is not essential feature. Other joint diseases include congenital or hereditary abnormalities and secondary joint diseases (such as tumors of joints). Inflammatory joint diseases include bursitis, infectious arthritis, rheumatoid arthritis & allied disorders, collagen disease, and others. Non-inflammatory joint diseases include, traumatic joint diseases, and degenerative joint diseases. Treatment of joint diseases depend upon the cause and joint affected. Usually, treatment of joint diseases start with RICE (Rest, Ice, Compression, and Elevation) followed by conventional therapy, biologics, and sometimes surgery.
The global joint diseases market can be segmented based on joint disease type, treatment, and region. In terms of joint disease type, the global market can be categorized into inflammatory joint disease, non-inflammatory joint disease, and others. Based on treatment, the global joint diseases market can be classified into medication (non-steroidal anti-inflammatory drugs, analgesic, steroids, biologic therapy, and immunosuppressive drug), therapy (physiotherapy and hydrotherapy), and surgery (joint replacement surgery). Rise in incidence and prevalence of various joint diseases, increased research and development expenditure, growing awareness among people, surge in geriatric population, and high number of joint injuries contribute to the growth of the global joint diseases market. However, currently available therapeutic options are effective at managing and preventing joint disease progression, the challenges of treating the joint diseases lie in the unpredictable responses of each patient, representing one of the biggest unmet needs in the global joint diseases market.
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Geographically, the global joint diseases market can be segmented into five regions: North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is anticipated to dominate the market, followed by Europe. High incidence of joint diseases, rise in geriatric population, growing awareness among people, surge in research and development expenditure, strong clinical pipeline, and well-established health care infrastructure propel the joint diseases market in North America. The market in Asia Pacific is anticipated to expand at a high CAGR during the forecast period. This is attributed to large patient base, increase in government initiatives, and developing health care infrastructure in India and China. The market in Latin America and Middle East & Africa is anticipated to grow during the forecast period, owing to rise in investments by key players in these regions and increase in prevalence of joint diseases.
Leading players in the global joint diseases market include AbbVie, Pfizer Inc., Bristol-Myers Squibb, F. Hoffmann-La Roche Ltd., GlaxoSmithKline, AstraZeneca plc, Astellas Pharma, Johnson and Johnson, Amgen, Novartis International AG, Sanofi SA, and Daiiachi Sankyo.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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