The Reports and Insights, a leading market research company, has recently releases report titled “Viscosupplementation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Viscosupplementation Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Viscosupplementation market?
The global viscosupplementation market was valued at US$ 4.78 Billion in 2023, and is expected to register a CAGR of 8.6% over the forecast period and reach US$ 10.04 Bn in 2032.
What are Viscosupplementation?
Viscosupplementation is a medical procedure in which hyaluronic acid, a gel-like substance naturally found in joint fluid, is injected into an osteoarthritic joint to improve its lubrication and cushioning. This treatment aims to reduce pain and enhance joint movement by restoring the natural viscosity and elasticity of the synovial fluid, which is often depleted in osteoarthritis. While commonly used for knee osteoarthritis, viscosupplementation can also be applied to other joints like the hip or shoulder.
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What are the growth prospects and trends in the Viscosupplementation industry?
The viscosupplementation market growth is driven by various factors and trends. The viscosupplementation market is the global industry specializing in providing viscosupplementation therapies for patients with osteoarthritis. Market growth is primarily fueled by the rising incidence of osteoarthritis, especially among the elderly, and the increasing demand for non-surgical interventions. Major market players offer a range of hyaluronic acid-based products for viscosupplementation, focusing on enhancing treatment effectiveness and patient outcomes. Technological advancements in viscosupplementation products, the expansion of treatment options to other joints, and growing awareness among healthcare providers and patients about the advantages of this therapy also contribute to market dynamics. Hence, all these factors contribute to viscosupplementation market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type
- Single-Injection Viscosupplements
- Three-Injection Viscosupplements
- Five-Injection Viscosupplements
By Molecular Weight
- Low Molecular Weight
- High Molecular Weight
- Intermediate Molecular Weight
By Application
- Osteoarthritis
o Knee Osteoarthritis
o Hip Osteoarthritis
o Shoulder Osteoarthritis
- Tendinopathies
- Temporomandibular Joint Disorders
- Others
By Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East
- Africa
Who are the key players operating in the industry?
The report covers the major market players including:
· DePuy Synthes
· Fidia Farmaceutici S.p.A
· Sanofi S.A.
· Smith & Nephew PLC
· Anika Therapeutics, Inc.
· Seikagaku Corporation
· Mastelli srl
· Zimmer Biomet Holdings Inc.
· Ferring Pharmaceuticals B.V.
· Lifecore Biomedical
· LG Life Sciences Ltd.
· F.Hoffmann-La Roche Ltd.
· Bioventus LLC
· Chugai Pharmaceutical Co., Ltd.
· OrthogenRx Inc.
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