What impact will COVID-19 have on the Viscosupplementation Market?

According to the report published by Allied Market Research, The global Viscosupplementation Market Size was valued at USD 4.4 billion in 2021, and it is estimated to surpass around USD 10.9 billion by 2031, with a registered CAGR of 9.5% from 2022 to 2030.

Impact of Covid-19 on Viscosupplementation Market-

• Since viscosupplementation is a non-emergency procedure, the majority of the procedures either got canceled or got postponed during the Covid-19 pandemic especially during the initial period.
• The market was negatively impacted as most viscosupplementation product consumers are senior citizens, a demographic that was primarily been asked to stay at home to reduce the risk of infection.

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Global Viscosupplementation Market Segmentation: -

Based on type, the single injection viscosupplementation segment contributed to nearly half of the global viscosupplementation market revenue in 2021, and is expected to dominate by 2031. The same segment would also showcase the fastest CAGR 9.9% throughout the forecast period.

Based on application, the knee osteoarthritis segment accounted for more than two-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also cite the fastest CAGR of 9.9% throughout the forecast period.

Based on distribution channel, the hospital pharmacies segment garnered more than half of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also project the fastest CAGR of 9.9% throughout the forecast period.

Key Players of Global Viscosupplementation Market Report-

• Anika Therapeutics Inc.
• aptissen
• Miravo Healthcare
• Avanos Medical, Inc.
• Bioventus
• Chugai Pharmaceutical Corp.
• Fidia Farmaceutici S.P.A
• Seikagaku Corporation
• LG Life Sciences Ltd.
• Sanofi

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By Region Outlook

North America

⦁ U.S.
⦁ Canada
⦁ Mexico

Europe

⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe

Asia-Pacific

⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific

LAMEA

⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA

Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in the coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?

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