Global Knee Osteoarthritis Market to Exhibit a Striking Growth of USD 12.02 Billion with Registering a CAGR of 9.30% by 2029

In recent years, the knee osteoarthritis market is anticipated to grow rapidly during the forecast period. According to the World Health Organization, around 10% to 15% of all persons over the age of 60 have osteoarthritis, with women having a higher prevalence than males. According to the United Nations, adults over the age of 60 will make up more than 20% of the global population by 2050. A conservative estimate of 15 percent of this 20 percent will have symptomatic osteoarthritis, with one-third of this cohort seriously afflicted. Knee osteoarthritis (OA), commonly known as the degenerative joint disease of the knee, is caused by wear and strain and gradual articular cartilage loss.

Data Bridge Market Research analyses that the knee osteoarthritis market was valued at USD 5.9 billion in 2021 and is expected to reach USD 12.02 billion by 2029, registering a CAGR of 9.30% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Overview
Knee osteoarthritis, often known as degenerative arthritis of the knee, is an inflammation of the knee joints. Degenerative arthritis is a type of wear-and-tear arthritis that typically affects adults over the age of 50, but it can also affect those younger than that. The cartilage in the knee joint eventually wears away as a result of knee osteoarthritis. The protective region between the bones shrinks as the cartilage wears away, causing the knee joint to become ragged and harsh. Bone spurs form as a result of friction between the bones. Some of the most common causes of this sickness include repetitive stress injuries, heavy and strenuous employment, ageing, weight increase, inherited anomalies, and other conditions such as metabolic issues and rheumatoid arthritis.

Some of the major players operating in the knee osteoarthritis market are:

• F. Hoffmann-La Roche Ltd. (Switzerland)
• Mylan N.V. (US)
• Teva Pharmaceutical Industries Ltd.(Israel)
• Sanofi (France), Pfizer Inc. (US)
• GlaxoSmithKline plc (UK)
• Novartis AG (Switzerland)
• Zydus Cadila (India)
• Boehringer Ingelheim International GmbH. (Germany)
• Apotex Inc. (Canada)
• AstraZeneca (UK)
• Horizon Therapeutics PLC (Ireland)
• Johnson & Johnson (US)

Global Knee Osteoarthritis Market Scope

The Global knee osteoarthritis market is segmented on the basis of treatment type, diagnosis, dosage form, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Browse More About This Research Report @
https://www.databridgemarketresearch.com/reports/global-knee-osteoarthritis-market

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