The global visco supplementation market is expected to reach USD 6.52 billion
by 2025, based on a new report by Grand View Research, Inc. The market is
expected to observer an exponential growth over the next 9 years due to the
increasing incidence of osteoarthritis, wounds, gingivitis, & ulcers and
growing base of the geriatric population are some high-impact rendering drivers
of the viscosupplements market.
Estimates published by
the WHO suggest that the global population of the age group 65 years and above
is anticipated to rise from 7% in 2000 to 16% in 2050. An associated
consequence of this increase in the geriatric population will be an increase in
the incidence of obesity and osteoarthritis. Along with growing preference for
minimally invasive surgeries, global increase in the target population is
expected to significantly propel demand for viscosupplementations throughout
the forecast period.
Full Research
Report On Viscosupplementation Market Analysis:
http://www.grandviewresearch.com/industry-analysis/viscosupplementation-market
http://www.grandviewresearch.com/industry-analysis/viscosupplementation-market
Further Key Findings from the Study
Suggest:
·
Three
injection dominated the market in 2016, closely followed by single injection.
It can be owing to the prolonged presence and holding a significant share of
this market.
·
Single
injection is anticipated to be one of the fastest growing segment owing to the
increase in convenience, reduced hospital visits, and reduced adverse effects
& associated pain
·
Geographically,
Asia Pacific held the largest market share in 2016 and is expected to maintain
its position during the forecast period. This large share can be accounted for
by the presence of a sizeable base of geriatric population, which is more
susceptible to disorders such as osteoarthritis and rheumatoid arthritis.
Moreover, growing demand for minimally invasive procedures is a significant
factor contributing to the large share of Asia Pacific.
·
Due to the
presence of high unmet medical needs in emerging economies, such Brazil,
growing awareness about applications of minimally invasive techniques, and
increasing disposable income, the Latin American market is expected to grow at
a lucrative rate in the coming years
·
Some key
industry contributors are Sanofi, Anika Therapeutics, Inc., Seikagaku
Corporation, Zimmer Holdings Inc, Bioventus, Ferring B.V., Lifecore Biomedical,
LLC, and LG Life Sciences Ltd
View More Reports Of This Category By Grand View Research
At: https://www.grandviewresearch.com/industry/pharmaceuticals
Grand View Research has
segmented the viscosupplementation market by product and region:
Viscosupplementation Product Outlook
(Market Revenue in USD Million, 2014 - 2025)
·
Single
injection
·
Three
injection
·
Five
injection
Viscosupplementation Regional
Outlook (Market Revenue in USD Million, 2014 - 2025)
·
North
America
o U.S.
o Canada
·
Europe
o UK
o France
·
Asia Pacific
o China
o Japan
·
Latin
America
o Brazil
o Mexico
·
Middle East
and Africa
o South Africa
Access Full
Press Release of this Report: https://www.grandviewresearch.com/press-release/global-viscosupplementation-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more
information: https://www.grandviewresearch.com/
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