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Primary Osteoarthritis Market Business Overview by 2023 | MRFR

03-07-2018 01:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Primary Osteoarthritis Market

Primary Osteoarthritis Market

The Worldwide Primary Osteoarthritis Market consists of regions namely the Americas, Europe, Asia Pacific, and the Middle East and Africa. According to the Centers for Disease Control and Prevention (CDC), more than 54 million people in the United States diagnosed with osteoarthritis (OA), it is the most common type of arthritis and a leading cause of disability. Osteoarthritis therapies are commonly administered via the oral route, with a few products being available in topical and transdermal formulations. The global prevalence of osteoarthritis is estimated to be 8.2%. Pfizer has the highest number of completed clinical trials for osteoarthritis, and also leading sponsors for conducting clinical trials for primary osteoarthritis, followed by Sanofi and Merck & Co. Ltd. For instance, in August 2016, Bioventus, a global leader in orthobiologic solutions launched GELSYN-3, a three-injection hyaluronic acid (HA) product for pain relief associated with osteoarthritis (OA) of the knee.

The Americas dominate the global primary osteoarthritis market owing to the increasing cases of arthritis in the U.S. and Canada and play a significant role in driving the global primary osteoarthritis market. The U.S. has a substantial lead in the number of osteoarthritis clinical trials globally, followed by Germany and the U.K. Currently, there are two therapies that has been filed for approval with the FDA. The European primary osteoarthritis market is growing at a steady pace and is anticipated to compete with the American market.

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Asia Pacific is expected to be the fastest growing region in the primary osteoarthritis market during the forecasted period 2017-2023. In developing countries from Asia Pacific and the Middle East and Africa, the awareness related to age-specific diseases such as osteoarthritis and osteoporosis is increasing rapidly. For instance, in July 2017, Kolon Pharmaceutical got the approval for the World's first cell and gene therapy for knee osteoarthritis in Korea.

Primary Osteoarthritis Market Key Players:

Some of key the players in the global primary osteoarthritis market are Abbott Laboratories (U.S.), Johnson & Johnson Limited (U.S.), Novartis AG (Switerzland), Pfizer, Inc. (U.S.), and Eli Lilly and Company (U.S.), Abiogen Pharma (Italy),  Ampio pharmaceuticals (U.S.),  BioDelivery Sciences International (U.S.), CrystalGenomics (South Korea), Daiichi Sankyo (Japan), Eli Lilly (U.S.), Horizon Pharma (Republic of Ireland), Iroko Pharmaceuticals (U.S.), Merck & Co. Ltd (U.S.), Nuvo Research (U.S.), Regeneus (Australia), Sanofi (France), SantoSolve (U.S.),  Smith & Nephew (UK), Winston Pharmaceuticals (India).

Global Primary Osteoarthritis Market Segmentation:

The primary osteoarthritis is segmented on the basis of type, diagnosis, treatment, and end-users.

On the basis of the type, the market is segmented into knee osteoarthritis, hand osteoarthritis, neck osteoarthritis, hip osteoarthritis, wrist osteoarthritis, spinal osteoarthritis, shoulder osteoarthritis, and others

On the basis of the product diagnosis, the market is segmented into imaging, joint fluid analysis, and others. The imaging is further classified into divided X-rays, Magnetic resonance imaging (MRI), and others.

On the basis of the treatment, the market is segmented into medication, therapies, surgery, and others. The medication can be classified into analgesics and non-steroidal anti-inflammatory drugs. The analgesics is further classified as acetaminophen, duloxetine, and others. The non-steroidal anti-inflammatory drugs can be further classified into aspirin, ibuprofen, naproxen sodium/ naproxen, and others.

On the basis of the end-user, the market is segmented into hospitals & clinics, medical institutes, research organization, and others.

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Major TOC for Primary Osteoarthritis Market:

Chapter 1 Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Route Of Administration Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

…T.O.C Continued

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