Press release
Septic Arthritis Market 2023 Forecasts by Global Tending Players - AbbVie Inc. (U.S.), Amgen Inc. (U.S.), Bristol-Myers Squibb Company (U.S.) and More
Global Septic Arthritis Market – OverviewThe Global Septic Arthritis Market is showing the moderate growth; mainly due to increase in the population suffering with diabetes, cancer, intravenous drug abuse, and immune deficiency disorders. Additionally, rising in surgery throughout the globe are considering one of the leading causes of septic arthritis. According to the WHO (2015), there are over 100 million surgical incisions every year, which are growing at a CAGR of 3.1%. Approximately 80% of these injuries use some form of closure product: sutures, staples, and tapes.
Many players are working on the segment related to Septic arthritis to introduce better treatment, such as Johnson & Johnson Inc. have three segment consumer segment, pharmaceutical segment, and medical devices segment. The pharmaceutical segment holds the maximum share of 46.55% within three segments and has focused on five therapeutic areas that include septic arthritis too. The companies are trying to introduce better technology for getting the global leader in the septic arthritis and provide a strong treatment option in the market.
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Segments
The global septic arthritis market is segmented on the basis of diagnosis, treatment, indication, and end user.
On the basis of diagnosis, market is segmented into joint fluid analysis, blood tests, imaging and others. Imaging is further segmented into X-ray, ultrasonography, MRI, and CT scan.
On the basis of treatment, the market is segmented into antibiotics, aspiration of the joint, surgery, and others. Surgery is further segmented into arthrotomy and arthroscopy.
On the basis of indication, the market is segmented into arthritis, hip or knee prosthesis, poor immune function, joint surgery, and others.
On the basis of end user, the market is segmented into orthopedic hospitals, clinics, pharmaceutical companies, and others.
Regional Analysis of the Global Septic Arthritis Market
America is the largest market for septic arthritis owing to the rising prevalence of septic arthritis in the U.S., According to the Center for Disease Control and Prevention, an estimated 78 million (26%) U.S. adults aged 18 years or older are projected to have doctor-diagnosed arthritis by 2040. Furthermore, arthritis prevalence was the highest among people 65 years and older, women, and obese population.
Europe is the second largest market for septic arthritis owing to the rising prevalence of rheumatoid arthritis in European countries and availability of funds for research and development activities.
The market in Asia Pacific is expected to grow at the fastest pace and is driven by the increasing geriatric population, rising prevalence of chronic disease such as diabetes, and obesity, and changing lifestyles of the people. Diabetes is one of the major problems further creating opportunities for the market growth.
The Middle East & Africa also show a steady rise in the market owing to increasing prevalence of diabetes and other chronic diseases.
Key Players in the Global Septic Arthritis Market
Lupin Pharmaceuticals, Inc. (U.S.), F. Hoffmann-La Roche Ltd (Swtizerland), AbbVie Inc. (U.S.), Amgen Inc. (U.S.), Bristol-Myers Squibb Company (U.S.), Johnson & Johnson Inc. (U.S.), and Pfizer (U.S.).
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Main TOC for Septic Arthritis Market Research Report - Global Forecast Till 2023:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
Chapter 6. Global Septic Arthritis Market, By Diagnosis
6.1 Introduction
6.2 Joint Fluid Analysis
6.2.1 Market Estimates & Forecast, 2017 – 2023
6.3 Rotavirus
6.3.1 Market Estimates & Forecast, 2017 – 2023
6.4 Blood Tests
6.4.1 Market Estimates & Forecast, 2017 – 2023
6.5 Imaging
6.5.1 Market Estimates & Forecast, 2017 – 2023
Chapter 7. Global Septic Arthritis Market, By Treatment
7.1 Introduction
7.2 Antibiotics
7.2.1 Market Estimates & Forecast, 2017 – 2023
7.3 Aspiration Of The Joints
7.3.1 Market Estimates & Forecast, 2017 – 2023
7.4 Surgery
7.4.1 Market Estimates & Forecast, 2017 – 2023
…T.O.C Continued
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