Press release
Key Driver Shaping the Future Knee Bursitis Market From 2025-2034: Impact of Bone-Related Disease Prevalence On The Knee Bursitis Market
Knee Bursitis Market Size
The increasing geriatric population is expected to fuel the knee bursitis market. The global aging population, due to longer life expectancy and declining birth rates, is more susceptible to knee bursitis caused by age-related joint wear and tear. In October 2022, the World Health Organization projected that the number of individuals aged 60 and over would increase from 1 billion in 2020 to 1.4 billion by 2030, further driving demand for knee bursitis treatments.
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How will the growth rate of the knee bursitis market shape industry trends by 2034?
The knee bursitis market will increase from $2.66 billion in 2024 to $2.86 billion in 2025 at a CAGR of 7.6%, supported by an aging population, sports participation, and improved diagnostics.
The knee bursitis market is projected to reach $3.79 billion by 2029 at a CAGR of 7.3%. Growth factors include increasing awareness campaigns, higher disposable income, rising healthcare expenditures, and improved diagnosis of knee bursitis. Major trends include advancements in diagnostic techniques, novel therapies, research and development innovations, and the expansion of telemedicine services.
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Which primary segments of the knee bursitis market are driving growth and industry transformations?
The knee bursitis market covered in this report is segmented -
1) By Diagnosis: Imaging Test, Other Diagnosis Tests
2) By Treatment: Medication, Therapy, Surgery, Other Treatments
3) By End User: Hospitals And Clinics, Diagnostic Centers, Research Centers, Academic Institutes, Other End Users
Subsegments:
1) By Imaging Test: X-Ray, MRI (Magnetic Resonance Imaging), Ultrasound
2) By Other Diagnosis Tests: Physical Examination, Aspiration Of Joint Fluid, Blood Tests
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Which geographical regions are pioneering growth in the knee bursitis market?
North America was the largest region in the knee bursitis market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the knee bursitis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the knee bursitis market landscape?
Major companies operating in the knee bursitis market are Pfizer Inc., Merck & Co. Inc, Bayer AG, Novartis AG, Roche Holding AG, Medtronic plc, Eli Lilly and Company, Amgen Inc, Gilead Sciences Inc., Stryker Corporation, Regeneron Pharmaceuticals Inc., Biogen Inc., Vertex Pharmaceuticals Incorporated, Zimmer Biomet Holdings Inc., DePuy Synthes Inc., Arthrex Inc., Globus Medical Inc., Bioventus LLC, Exactech Inc., Genentech Inc., Conformis Inc., Oncolys BioPharma Inc, Bellicum Pharmaceuticals Inc, Merrimack Pharmaceuticals Inc, 4Med Medical Solutions Inc
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What Is Covered In The Knee Bursitis Global Market Report?
•Market Size Forecast: Examine the knee bursitis market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the knee bursitis market for a structured understanding.
•Key Players Overview: Analyze major players in the knee bursitis market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the knee bursitis market.
•Segment Contributions: Evaluate how different segments drive overall growth in the knee bursitis market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the knee bursitis market.
•Industry Challenges: Identify potential risks and obstacles affecting the knee bursitis market.
•Competitive Landscape: Review strategic developments in the knee bursitis market, including expansions, agreements, and new product launches.
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