Viscosupplementation Market Trends and Segments Forecast To 2028

The viscosupplementation market size was valued at USD 2.2 billion in 2021 and is expected to reach a value of USD 3.4 billion by 2028, growing at a CAGR of 6.6% during the forecast period 2022 to 2028. In order to encourage better joint development and lubrication, hyaluronic acid is injected into the knee joint during the minimally invasive treatment known as viscosupplementation. Additionally, it lessens discomfort and irritability and helps to improve osteoarthritis symptoms. Hyaluronic acid (HA) or hyaluronate is a non-sulfated glycosaminoglycan found in epithelial, connective, and neural tissues all over the body. Demand for viscosupplementation products is anticipated to increase as osteoarthritis becomes more common among people.

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Viscosupplementation Market Research Insights 2022-28:
As the population ages, there is a corresponding rise in the number of elderly individuals admitted to hospitals with fatal traumatic injuries. The demand for diagnosis and treatment is rising as knee osteoarthritis illnesses become more common. The demand on the healthcare system is increasing as the population grows. The demand for care, services, and technology for the prevention and treatment of knee osteoarthritis disorders including sarcopenia, osteoporosis, osteopenia, and other consequences proportionally increases with the need for the correct treatment. The elderly are especially vulnerable to these diseases that cause brittle bones and joints. Viscosupplementation is employed on such patients during the treatment to give them quick and effective benefits related to their bodies. The requirement for early illness diagnosis is rising along with the average age and osteoarthritis prevalence. As a result, there is a growing need for viscosupplementation in the global healthcare system.
Osteoporosis is a bone disease that worsens as a result of decreased bone mass and mineral density, as well as other variations in the composition or structure of bone. Due to weakened bones, osteoporosis may increase the risk of fractures and shattered bones. Compared to men, women are more likely to experience it. Osteoporosis often causes bone fractures in postmenstrual women since it is a silent illness with few signs and symptoms. Osteoporosis is mostly more common in older adults. Osteoarthritis is a disease of the joints or an inflammation of the tissues close to the joints. Such conditions have an impact on a person's movement.

Viscosupplementation Market Segmentation:
Viscosupplementation Market: By Product (Single Injection, Three Injection, Five Injection), by End User (Hospitals, Orthopedic Clinics/Ambulatory Surgical Centers (ASCs), Others)

Viscosupplementation Market Regional Analysis:
In terms of revenue, the North American market was the largest in 2022. This was due to an increase in viscosupplementation product launches and product approvals as well as a significant presence of the viscosupplementation industry, which produces viscosupplementation products. On the other hand, Asia-Pacific, which was the second-largest contributor to the market in 2022, is anticipated to experience the fastest CAGR during the forecast period as a result of rising government spending on the development of the healthcare sector and an increase in the population of people over 65.

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Key players in the viscosupplementation market report are Allergan, Sanofi, Hoffmann-La Roche, Smith & Nephew Plc, Zimmer Biomet, Anika Therapeutics Inc, Ferring B.V, Bioventus, Fidia Farmaceutici S.P.A., Regen Lab SA

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