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Viscosupplementation Market is projected to grow to US$ 12.94 Billion By 2032, exhibiting a CAGR of 10.6% from 2024 to 2032ย | PMR

04-05-2024 03:43 PM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Viscosupplementation Market

Viscosupplementation Market

The global viscosupplementation Market is expected to reach USD 12.94 billion in 2032, growing at a 10.6% CAGR from 2024-2032. It was valued at USD 5.27 billion in 2023. The market is encountering substantial growth and is anticipated to carry on with augmenting in the coming years.

In the course of viscosupplementation treatment for arthritis, the healthcare donor injects hyaluronic acid into the joints. The dense fluid may decrease pain and swelling in the arthritic joint. The bones that frame the joints normally possess a cap of cartilage on their ends.

This cartilage assists in ascertaining that the bones move seamlessly against each other. The cartilage has a fluid covering that comprises hyaluronic acid. This operates like a lubricant and shock absorber in the joints.

๐…๐ข๐ฅ๐ฅ ๐ฎ๐ฉ ๐š ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ž๐ฆ๐š๐ข๐ฅ ๐ญ๐จ ๐ ๐ž๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฌ๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ ๐ซ๐ข๐ ๐ก๐ญ ๐ง๐จ๐ฐ @ https://www.polarismarketresearch.com/industry-analysis/viscosupplement-market/request-for-sample

Competitive Landscape

Medical technology progressions, hastened trial acceptance, contemporary commodity instigations, mergers & acquisitions, partnerships, and other creations have been cultivated by prominent firms. Some of the major players in the market include:

Market Highlights
โ€ข The viscosupplementation market demand is on the rise for nonsurgical solutions for osteoarthritis, lifestyle-connected situations, and progressions in the advancement of therapies utilizing hyaluronic acid.
โ€ข Additionally, the viscosupplementation market size is expanding as worldwide compensated topography is expected to become more approved, sanctioning the accessibility of osteoarthritis cures.
โ€ข Asia Pacific dominated the market in 2023
โ€ข Europe is anticipated to grow swiftly in the course of the forecast period.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/5/2

Polaris Market Research has segmented the Viscosupplementation market report based on product, end-use, and region:
Viscosupplementation, Product Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง Three Injection
๏‚ง Five Injection
๏‚ง Single Injection
Viscosupplementation, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง Orthopedic Clinics/ASCs
๏‚ง Hospitals
Viscosupplementation, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง North America
o U.S.
o Canada
๏‚ง Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
๏‚ง Asia Pacific
o China
o India
o Japan
o South Korea
o Indonesia
o Malaysia
๏‚ง Latin America
o Argentina
o Brazil
o Mexico
๏‚ง Middle East & Africa
o UAE
o Saudi Arabia
o Israel
o South Africa
๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/press-releases/viscosupplementation-market

Viscosupplementation Market Report Highlights
โ€ข In 2022, the Three Injection segment dominated the market in terms of revenue. The three-injection procedure stands out as the preferred method for treating osteoarthritis, chosen by medical practitioners for its effectiveness.

This approach is commonly favored to reduce the necessity for total knee replacement surgery in cases of osteoarthritis, influencing the market share. The availability of various three-injection segments further contributes to this trend. Additionally, the approval of numerous clinical trials showcasing positive results for three-injection procedures in osteoarthritis treatment adds to the segment's significance.

โ€ข During the forecast period, the highest market share was attributed to the Orthopedic Clinics/ASCs segment. This dominance is driven by the rising demand for outpatient surgeries, with orthopedic clinics focusing on comprehensive musculoskeletal care encompassing both surgical and nonsurgical interventions for the spine, joints, ligaments, bones, muscles, and nerves. The notable increase in the prevalence of osteoarthritis among the elderly population is a key factor expected to contribute significantly to the growth of this segment.

โ€ข In 2022, Asia Pacific emerged as the dominant market, with its growth being prominently driven by the presence of a susceptible geriatric population prone to osteoarthritis. Furthermore, the market expansion is bolstered by various initiatives focused on strengthening the overall market landscape in the region.

โ€ข The global key market players include Anika Therapeutics, Inc., DePuy Synthes, F.Hoffmann-La Roche Ltd., Ferring Pharmaceuticals B.V., Fidia Farmaceutici S.p.A, LG Life Sciences Ltd., Lifecore Biomedical, Sanofi, Seikagaku Corp., Smith & Nephew PLC, Zimmer Biomet.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž (๐€๐ˆ) ๐ข๐ง ๐Œ๐ž๐ง๐ญ๐š๐ฅ ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.openpr.com/news/3416040/artificial-intelligence-ai-in-mental-health-market

๐๐ž๐จ๐›๐š๐ง๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.openpr.com/news/3416048/neobanking-market-share-to-reach-usd-4784-54-billion-globally

๐’๐จ๐ฎ๐ซ๐๐จ๐ฎ๐ ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.openpr.com/news/3416085/sourdough-market-rising-trends-growth-projections-and-key

๐’๐ฉ๐ข๐œ๐ž๐ฌ ๐š๐ง๐ ๐’๐ž๐š๐ฌ๐จ๐ง๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.openpr.com/news/3416095/spices-and-seasoning-market-research-report-2024-2032

๐’๐ฎ๐ฉ๐ž๐ซ๐Ÿ๐จ๐จ๐๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.openpr.com/news/3416101/superfoods-market-business-revenue-industry-dynamics

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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The rising obesity rate, coupled with an increasing geriatric population in Russia is giving rise to an increasing number of cases of knee osteoarthritis. Prevalence of osteoarthritis in the adult population in Russia is approximately 13%. Knee osteoarthritis is causing disability in the ageing population and this is the precise reason for the rise in demand for viscosupplementation market. Considering this fact, a new market report titled โ€œViscosupplementation Market: Russiaโ€ฆ