Press release
Viscosupplementation Market is projected to grow to US$ 12.94 Billion By 2032, exhibiting a CAGR of 10.6% from 2024 to 2032ย | PMR
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 ๐ข๐ฅ๐ฅ ๐ฎ๐ฉ ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ฆ๐๐ข๐ฅ ๐ญ๐จ ๐ ๐๐ญ ๐ ๐๐ซ๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐ซ๐ข๐ ๐ก๐ญ ๐ง๐จ๐ฐ @ 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
โข 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.
โข Additionally, the viscosupplementation market size is expanding as worldwide compensated topography is expected to become more approved, sanctioning the accessibility of osteoarthritis cures.
โข Asia Pacific dominated the market in 2023
โข Europe is anticipated to grow swiftly in the course of the forecast period.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: 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
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/press-releases/viscosupplementation-market
Viscosupplementation Market Report Highlights
โข 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.
โข 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.
โข 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.
โข 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.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ (๐๐) ๐ข๐ง ๐๐๐ง๐ญ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3416040/artificial-intelligence-ai-in-mental-health-market
๐๐๐จ๐๐๐ง๐ค๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3416048/neobanking-market-share-to-reach-usd-4784-54-billion-globally
๐๐จ๐ฎ๐ซ๐๐จ๐ฎ๐ ๐ก ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3416085/sourdough-market-rising-trends-growth-projections-and-key
๐๐ฉ๐ข๐๐๐ฌ ๐๐ง๐ ๐๐๐๐ฌ๐จ๐ง๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3416095/spices-and-seasoning-market-research-report-2024-2032
๐๐ฎ๐ฉ๐๐ซ๐๐จ๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3416101/superfoods-market-business-revenue-industry-dynamics
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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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Hampering the growth of the viscosupplementation market 2021
Viscosupplementation is a minimally invasive procedure that involves injection of the hyaluronic acid injected into a knee joint to promote better joint development and lubrication. It also helps in reducing pain, irritation and helps in improving osteoarthritis condition. Hyaluronic acid (HA) or hyaluronate is a non-sulfated glycosaminoglycan that is distributed throughout the body in epithelial, connective tissues, and neural tissues. Increasing prevalence of osteoarthritis in people is expected to boostโฆ
Understanding Impact of COVID-19 on Viscosupplementation Market
According to the report, the global viscosupplementation market was valued at ~US$ 2.6 Bn in 2018 and is projected to expand at a CAGR of ~7% from 2019 to 2027. Viscosupplementation can be performed using three primary injection types: single injection, three injections, and five injections. Applications of viscosupplementation injection include knee osteoarthritis, hip osteoarthritis, and hand osteoarthritis. Growth of the global viscosupplementation market can be attributed to rise inโฆ
The three injection viscosupplementation product type segment is projected to be โฆ
Russiaโs healthcare infrastructure will continue witnessing significant rise in number of orthopaedic patients as several bone & joint-related disorders are likely to be caused by peopleโs eating & drink habits, their proactive lifestyles and the countryโs harsh weather conditions. Rising occurrence of joint-related ailments such as knee osteoarthritis in Russia are a result of people performing physical labour in severely cold weather conditions. This has necessitated the adoption of viscosupplementationโฆ
Viscosupplementation Market
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 โViscosupplementation Market: Russiaโฆ
Viscosupplementation Market: Three Injection Viscosupplementation Likely to be t โฆ
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 โViscosupplementation Market: Russiaโฆ