Viscosupplementation System Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

 The global viscosupplementation market is anticipated to grow at a CAGR of around 8.6% during the forecast period. 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.

On the other hand, the global viscosupplementation market is projected to hinder by stringent government regulations and increasing insurance denials for viscosupplementation products. However, due to the treatment effectiveness in providing relief to patients, the market for viscosupplementation in knee osteoarthritis is rapidly increasing. Patients who didn't recover from physical exercise, weight loss, or corticosteroid injections will benefit from viscosupplementation for knee procedures. As a result, this will be creating an opportunity for the growth of the market. 

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2021-2030

Segment Covered- 

By Product
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Anika Therapeutics, Inc., LG chem., Smith & Nephew Plc, Seikagaku Corp., Lifecore Biomedical, LLC, Sanofi S.A., Zimmer Biomet Holdings, Inc., and others 

Viscosupplementation Market Report Segment

By Product

Single-Injection
Three-Injection
Five-Injection

By Application

Knee
Hip
Ankle
Others

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

Viscosupplementation Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan 
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Company Profiles 

Anika Therapeutics, Inc.
Ferring B.V.
Fidia Farmaceutici S.p.A
Johnson & Johnson Services, Inc.
KalVista Pharmaceuticals, Inc.
LG Chem (Life Sciences)
Lifecore Biomedical, LLC
Maxigen Biotech, Inc.
Pharmascience Inc.(PendoPharm)
Regen Lab SA
Sanofi S.A.
Seikagaku Corp.
Shanghai Haohai Biological Technology Co., Ltd.
Smith & Nephew PLC
Stellar Pharmaceuticals, Inc.
Stryker Corp.
Swiss Biomed Orthopaedics AG
Virchow Biotech Pvt. Ltd.
Zimmer Biomet Holdings, Inc.

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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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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