Press release
Athletic Knee Treatment Market to Undertake Strapping Growth During 2019 – 2029
Pull strains or muscles most commonly occur during initial training period of an athlete. Chronic or recurrent activity associated with knee pain is most frequently seen among the young athletes. The most common syndrome in athletic knee is patellofemoral pain syndrome. Knee pain has been a rising concern and many young athlete visits general practice or primary care settings. Overuse of injuries in the knee may lead to severe knee pain. Athlete knee injuries can be divided into Runner’s knee and Jumper’s knee and Ligament injuries which is again subdivided into Anterior cruciate ligament (ACL), Medial ligament sprain (MCL). According to American Orthopedic Society for Sports Medicine statistics report 2011, an estimate of about 150,000 anterior cruciate ligament injuries occur annually in the United States. With increase in number of physical activity, improper training of sports may lead to more number of athletic knee injuries and all this factors may boost the growth of the market.Athletic Knee Treatment Market: Drivers and Restraints
The global athletic knee injuries is expected to witness significant growth in the market owing to rising number of knee injuries, change in lifestyle and growing demand for new treatment options is likely to propel the growth of the athletic knee treatment market. With the advancement in research and development, novel therapeutics will manifest the growth of athletic knee treatment market. However, lack of skilled professionals and lack of general awareness among people for proper athletic knee treatment guidelines may hinder the growth of the athletic knee treatment market.
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Athletic Knee Treatment Market: Segmentation
The global athletic knee treatment market can be segmented on the basis of drug class, route of administration and end user.
Based on drug class, the global athletic knee treatment market is segmented as:
Corticosteroids
Nonsteroidal anti-inflammatory drugs (NSAIDS)
Hyaluronic acid
Based on route of administration, the global athletic knee treatment market is segmented as:
Topical
Oral
Intramuscular
Based on end user, the global athletic knee treatment market is segmented as:
Hospitals
Clinics
Ambulatory Surgical Centers
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Athletic Knee Treatment Market: Overview
The global athletic knee treatment market is anticipated to have increase in growth in the market. Rising incidences of knee injuries of the athletes, technological advancement in developing implants for the knee, launch of new therapeutics in the market will significantly foster the growth of the athletic knee treatment market. Athletes most commonly used nonsteroidal anti-inflammatory drugs (NSAIDS) to get relieve from pain. Manufacturers are currently focus on accelerating their pipeline portfolio for knee pain management. For instance, AbbVie lead candidate, ABT-652 is currently in Phase II for treatment of adults with osteoarthritis pain. With increasing demand for new treatment options, the athletic knee treatment will manifest considerable growth in the market.
Athletic Knee Treatment Market: Regional Outlook
Geographically, the global athletic knee treatment market is segmented into North America, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). North America is leading the global athletic knee treatment market owing to increase in prevalence of sports injuries and arthritis. In addition to this, factors such as rising advanced technology, high healthcare infrastructure is likely to manifest growth in athletic knee treatment market. Europe holds significant revenue generation in the athletic knee treatment market due to adoption of advanced treatment facilities, increasing healthcare expenditure and government initiative in various healthcare reforms will propel the growth of the athletic knee treatment market. Asia Pacific also shown to have potential growth due to rising disposable income and increasing number of incidences of knee injuries which is likely to foster growth in the athletic knee treatment market. Middle East and Africa has less contribution in the athletic knee treatment market as compared to other regions due to lack of proper healthcare infrastructure and less adoption of new technologies which may impact the growth of the athletic knee treatment market.
Some of the key players operating in the global athletic knee treatment market are F. Hoffmann-La Roche AG, Ferring B.V, Merck & Co., Inc., Johnson & Johnson, Amgen Inc, Pfizer Inc.
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