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Global Viscosupplementation System Market Trends | Segmentation, Outlook, Industry Report to 2021-2027

05-26-2021 05:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global viscosupplementation market is anticipated to grow at a CAGR of around 8.6% during the forecast period (2021-2027). The key factors that driving market growth include the increasing prevalence of osteoarthritis across the globe coupled with the rising demand for viscosupplementation. For instance, according to Centre for Disease Control and Prevention estimation of 1 in 4 (or 54.4 million), Although there are more than 100 types of arthritis, osteoarthritis (OA) is the most common, affecting 32.5 million adults in the US. Adults in the US suffer from arthritis, with the number expected to rise to 78 million by 2040. Further, improvement in healthcare infrastructure and providence of medical assistance also drive the market. For instance, according to Commonwealth Fund, in 2018, almost 92% of the population got medical insurance coverage in the US and almost 55% population was covered under Employer-sponsored health insurance.

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Moreover, significant advancement in the viscosupplementation by the major players in the market also propel the growth of the market. For instance, in January 2019, OrthogenRx introduced TriVisc, a sodium hyaluronate for the treatment of knee osteoarthritis in a three-injection regimen in the US. TriVisc is the least expensive in terms of price and this launch will be allowing OrthogenRx to stay the course in providing healthcare practitioners and patients with reasonable and reliable pricing for all goods.

A Full Report of Global Viscosupplementation System Market is Available at: https://www.omrglobal.com/industry-reports/viscosupplementation-market

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Viscosupplementation Market Report Segment

By Product

Single-Injection
Three-Injection
Five-Injection

By Application

Knee
Hip
Ankle
Others

Global Viscosupplementation Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific

Rest of the World

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/viscosupplementation-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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