Press release
Hyaluronic Acid Viscosupplementation Market Size, Scope, Forecast To 2028
Precision Business Insights published a research report on “Hyaluronic Acid Viscosupplementation Market By Product Type (Knee Osteoarthritis, Hip Osteoarthritis, Shoulder Osteoarthritis, Ankle Osteoarthritis and Others), Treatment Type (Single-Injection, Two-Injection, Three-Injection, Five-Injection), Dosage Form (Solution, Gel) By End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centres) - Global/Region/Country Forecast to 2028”.Viscosupplementation is a non-invasive treatment in which hyaluronic acid is infused into the knee joint to improve joint growth and lubrication. It also aids in the reduction of pain and irritation, as well as the improvement of osteoarthritis symptoms. Hyaluronic acid (HA) or hyaluronate is a non-sulphated glycosaminoglycan found in epithelium, connective tissue, and neural tissues throughout the body. Need for viscosupplementation goods is predicted to rise as the occurrence of osteoarthritis rises.
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Viscosupplementation is a method of pumping liquid grease into a joint to relieve pain, promote joint growth, and reduce arthritic motion. They're commonly employed in orthopaedic clinics and emergency rooms. Hyaluronate injections are the only permitted viscosupplementation therapy for knee osteoarthritis. One of the primary factors responsible for the growth of the viscosupplementation market is the rise in the prevalence of lifestyle-related ailments around the world. The market is expected to develop due to an increase in demand for non-surgical treatments for osteoarthritis, as well as a shift in consumer preference toward minimally invasive treatments that result in less pain and faster recovery. The market is also influenced by a growth in the choice for permanent surgical treatments over long-term treatment, as well as a surge in the need for procedures and technical improvements. Furthermore, the growing senior population, rising healthcare expenditures, and ongoing advances in the healthcare sector all benefit the viscosupplementation industry. The market has significant obstacles because to the lack of safety and efficacy associated with viscosupplementation products. Complex regulatory processes relating to Viscosupplementation services may impede the market since it takes a long time for regulatory authorities to approve any product. The reimbursement policies related with the treatment differ from nation to country, which can represent a hurdle to the market.
On the basis of hyaluronic acid type, the viscosupplementation market is categorized into standard hyaluronic acid and stabilized hyaluronic acid. On the basis of procedure type, the viscosupplementation market is segregated into three-injection procedure, single-injection procedure, and five-injection procedure. On the basis of application, the viscosupplementation market is classifiee into hip osteoarthritis and knee arthritis. On the basis of end-user, the viscosupplementation market is divided into ambulatory surgical centers and hospitals & clinics. On the basis of distribution channel, the viscosupplementation market is fragmented into retail and direct tenders.
Due to the general presence of prominent players, rising demand for innovative products, and a well-developed health-care sector, North America is likely to account for a significant portion of the worldwide hyaluronic acid viscosupplementation market. Due to an increase in recognition and occurrence of osteoarthritis, the hyaluronic acid viscosupplementation market in Asia Pacific is expected to grow rapidly during the forecast period. Furthermore, the market in the region is expected to be driven by an increase in the number of persons over the age of 60.
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Some of the major key players in the Hyaluronic Acid Viscosupplementation Market are Anika Therapeutics, Inc., Ferring B.V., Zimmer Biomet, Fidia Pharma USA Inc, LG Chem, Sanofi, SEIKAGAKU CORPORATION, Lifecore Biomedical
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