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Viscosupplementation Market Poised for 11 % Growth, Set to Hit $6.81 Billion by 2029
What combination of drivers is leading to accelerated growth in the viscosupplementation market?The anticipated increase in osteoarthritis cases is forecasted to stimulate the expansion of the viscosupplementation market. Osteoarthritis is a degenerative joint disorder, also identified as a widespread type of arthritis, where the joints begin to deteriorate, primarily in the hips, knees, and hands. Viscosupplementation therapy aids in alleviating pain and promoting easy bone movement through the injection of hyaluronic acid directly into the bone joints. This procedure assists in lessening pain and enhancing bone function. For example, the Centers for Disease Control and Prevention (CDC), a public health organization based in the U.S., states that by 2040, 78.4 million adults aged 18 and above in the U.S. will likely be diagnosed with arthritis. Consequently, the projected increase in osteoarthritis cases is propelling the expansion of the viscosupplementation market.
https://www.thebusinessresearchcompany.com/report/viscosupplementation-global-market-report
What is the projected compound annual growth rate (CAGR) of the viscosupplementation market from 2025 to 2034, and what factors influence it?
The market size of viscosupplementation has seen a swift escalation in the recent past, and it's projected to expand from
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