Press release
Prescription Orthopedic Drugs Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Prescription Orthopedic Drugs Market
The increasing incidence of musculoskeletal disorders (MSDs) is expected to drive the growth of the prescription orthopedic drugs market. MSDs, which include conditions like arthritis, back pain, and joint problems, are becoming more prevalent, especially among aging populations and those with sedentary lifestyles. The global rise in musculoskeletal disorders is attributed to factors such as physical inactivity, poor nutrition, occupational activities involving repetitive movements, and genetic predispositions. Prescription orthopedic drugs are vital in managing these disorders by alleviating pain, reducing inflammation, and enhancing the healing process. In 2022, about 17.6% of people aged 16 and over in the UK reported having a long-term musculoskeletal condition, highlighting the increasing need for effective orthopedic treatments. The rising prevalence of MSDs globally is driving the growth of the prescription orthopedic drugs market.
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What growth opportunities are expected to drive the prescription orthopedic drugs market's CAGR through 2034?
The prescription orthopedic drugs market has expanded, growing from $48.41 billion in 2024 to $51.55 billion in 2025 at a CAGR of 6.5%. Contributing factors include a higher prevalence of musculoskeletal disorders, an aging population, increased awareness of osteoporosis treatments, improved healthcare access in developing regions, and rising sports-related injuries worldwide.
The prescription orthopedic drugs market is expected to see robust growth, reaching $65.32 billion by 2029 at a CAGR of 6.1%. The main factors driving this growth include the rising demand for biologics, an aging population, improved healthcare access in emerging markets, an increasing prevalence of chronic musculoskeletal conditions, and more investments in orthopedic drug research and development. Key trends include advancements in targeted biologics, the adoption of regenerative medicine therapies, personalized drug formulations, innovations in minimally invasive delivery methods, enhanced efficacy through gene therapy, improved injectable formulations, and the use of AI for drug development and clinical decision-making.
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What are the emerging trends shaping the future of the prescription orthopedic drugs market?
In the prescription orthopedic drugs market, companies are working on expanding the indications of existing drugs to cover a broader range of orthopedic conditions and improve patient outcomes. For instance, in January 2023, Heron Therapeutics Inc., a US-based biotechnology company, received FDA approval for the expanded use of ZYNRELEF (bupivacaine and meloxicam), an extended-release combination drug. Initially approved for use in specific surgeries, the drug's indication was broadened to include soft tissue and orthopedic procedures, such as foot and ankle surgeries. ZYNRELEF provides pain relief for up to 72 hours, helping to reduce or eliminate the need for opioid medications after surgery, thus offering a more effective, long-lasting alternative for pain management in orthopedic procedures.
Which growth-oriented segments of the prescription orthopedic drugs market are leading the industry's development?
The prescription orthopedic drugs market covered in this report is segmented -
1) By Drug Type: Nonsteroidal Anti-Inflammatory Drugs (NSAIDs), Opioids, Corticosteroids, Disease-Modifying Antirheumatic Drugs (DMARDs), Other Drug Types
2) By Application: Osteoarthritis, Rheumatoid Arthritis, Osteoporosis, Other Applications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Nonsteroidal Anti-Inflammatory Drugs (NSAIDs): Ibuprofen, Naproxen, Diclofenac, Celecoxib, Indomethacin
2) By Opioids: Morphine, Oxycodone, Hydrocodone, Fentanyl, Tramado*l
3) By Corticosteroids: Prednisone, Methylprednisolone, Dexamethasone, Hydrocortisone, Betamethasone
4) By Disease-Modifying Antirheumatic Drugs (DMARDs): Methotrexate, Hydroxychloroquine, Leflunomide, Sulfasalazine, Azathioprine
5) By Other Drug Types: Bisphosphonates, Calcitonin, Monoclonal Antibodies, Muscle Relaxants, Hyaluronic Acid Injections
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What regions are leading the charge in the prescription orthopedic drugs market?
North America was the largest region in the prescription orthopedic drugs market in 2024. The regions covered in the prescription orthopedic drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the prescription orthopedic drugs market?
Major companies operating in the prescription orthopedic drugs market are Pfizer Inc., Johnson & Johnson, Roche Holding AG, Merck KGaA, AbbVie Inc., Bayer AG, Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca plc, GSK Plc, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Amgen Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., Biogen Inc., UCB S.A., Allergan plc, Penardo Biotech Pvt. Ltd., Horizon Therapeutics plc
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What Is Covered In The Prescription Orthopedic Drugs Global Market Report?
•Market Size Forecast: Examine the prescription orthopedic drugs market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the prescription orthopedic drugs market for a structured understanding.
•Key Players Overview: Analyze major players in the prescription orthopedic drugs market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the prescription orthopedic drugs market.
•Segment Contributions: Evaluate how different segments drive overall growth in the prescription orthopedic drugs market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the prescription orthopedic drugs market.
•Industry Challenges: Identify potential risks and obstacles affecting the prescription orthopedic drugs market.
•Competitive Landscape: Review strategic developments in the prescription orthopedic drugs market, including expansions, agreements, and new product launches.
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