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[at a CAGR of 7.8%], Joint Pain Injections Market is Estimated to Touch USD 9.8 billion by 2031 | Transparency Market Research

03-21-2024 08:43 AM CET | Health & Medicine

Press release from: Transparency Market Research

[at a CAGR of 7.8%], Joint Pain Injections Market is Estimated

The Joint Pain Injections Market comprises pharmaceuticals and biologic agents administered via injection into affected joints to alleviate pain, reduce inflammation, and improve mobility in patients with joint-related conditions such as osteoarthritis, rheumatoid arthritis, and sports injuries. These injections deliver therapeutic agents directly to the joint space, targeting the underlying pathology and providing localized relief from pain and stiffness. Commonly injected substances include corticosteroids, hyaluronic acid (viscosupplementation), platelet-rich plasma (PRP), and regenerative cell therapies.

Joint Pain Injections market is estimated to attain a valuation of US$ 9.8 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 7.8% during the forecast period, 2022-2031

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The significant players operating in the global Joint Pain Injections market are

Pfizer, Inc., Anika Therapeutics, Inc., Bioventus, Eli Lilly and Company, Ferring B.V., Pacira BioSciences, Inc. (Flexion Therapeutics), Sanofi, Seikagaku Corporation, and Zimmer Biomet.

Market Drivers:

Rising Prevalence of Joint-related Conditions: The increasing prevalence of joint-related conditions, including osteoarthritis, rheumatoid arthritis, and sports injuries, drives demand for joint pain injections. Factors such as aging populations, sedentary lifestyles, obesity, and sports participation contribute to the growing burden of joint pain and musculoskeletal disorders worldwide.

Growing Preference for Minimally Invasive Treatments: Patients and healthcare providers increasingly prefer minimally invasive treatment options for joint pain management, avoiding the need for surgical interventions and prolonged recovery periods. Joint pain injections offer a less invasive alternative to surgical procedures such as joint replacement, providing symptomatic relief and improving quality of life for patients with joint pain.

Efficient Pain Relief and Functional Improvement: Joint pain injections deliver therapeutic agents directly to the site of inflammation and tissue damage, providing rapid and targeted pain relief while minimizing systemic side effects associated with oral medications. Intra-articular corticosteroid injections, viscosupplementation, and biologic agents offer effective pain relief, reduce inflammation, and improve joint function in patients with arthritis and other joint disorders.

Expanding Applications in Sports Medicine: Joint pain injections play a crucial role in sports medicine for the management of acute and chronic joint injuries in athletes. Intra-articular injections of corticosteroids, PRP, and regenerative cell therapies facilitate faster recovery, reduce pain and swelling, and enable athletes to return to sports activities sooner following joint injuries such as ligament sprains, meniscal tears, and cartilage damage.

Recent Developments:

Biologic Therapies for Joint Regeneration: Emerging biologic therapies, including PRP, mesenchymal stem cells (MSCs), and growth factors, hold promise for joint regeneration and repair in patients with degenerative joint diseases. Clinical research and trials are investigating the efficacy and safety of these regenerative therapies in promoting cartilage repair, reducing pain, and improving joint function.

Long-acting Formulations: Pharmaceutical companies are developing long-acting formulations of corticosteroids and other therapeutic agents for sustained pain relief and prolonged efficacy following joint injections. Extended-release formulations minimize the need for frequent injections, improve patient convenience, and optimize treatment outcomes in chronic joint pain management.

Combination Therapies: Combination therapies involving joint pain injections with different mechanisms of action are being explored to enhance treatment efficacy and durability. For example, combining corticosteroids with hyaluronic acid or PRP injections may provide synergistic effects by targeting multiple pathways involved in joint inflammation, cartilage degeneration, and pain perception.

Patient-specific Treatment Approaches: Personalized medicine approaches, including genetic profiling, biomarker analysis, and imaging modalities, enable healthcare providers to tailor joint pain injections to individual patient needs, disease severity, and treatment responses. Personalized treatment algorithms optimize treatment selection, dosing regimens, and follow-up care, maximizing therapeutic benefits for patients with joint pain.

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Market Segmentation -

Joint Type
Knee & Ankle
Hip Joint
Shoulder & Elbow
Facet Joints of Spine
Others
Injection Type
Corticosteroid Injections
Hyaluronic Acid Injections
Others
Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

This Report lets you identify the opportunities in Joint Pain Injections Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

Key Features of the Joint Pain Injections Market Report: -

➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.

➤ Examine the market opportunities for stakeholders by identifying higher growth sections.

➤ To study and analyze the global Joint Pain Injections industry status and forecast including key regions.

➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

➤ It helps you make strategic business decisions and investment plans.

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About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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