Viscosupplementation Market Analysis by Emerging Trends, Key Players and Technological Innovations in Healthcare Sector 2018-2026

Viscosupplementation is a treatment that helps reduce the joint pain and improves the functional condition of the osteoarthritic joint. It involves the injection of a thick fluid called hyaluronate into the knee. Hyaluronic acid is found in the viscous synovial fluid that lubricates the cartilage surfaces and protects the joints from shock. This acid is an elastic substance that is naturally secreted by mesothelial cells. Osteoarthritis—the most common type of arthritis—is characterized by loss of function and degeneration of cartilage and tissues that cover the ends of the bones in a joint. Rising global prevalence of osteoarthritis leads to high demand for osteoarthritis therapeutic products, including viscosupplementation. According to Centers for Disease Control and Prevention, over 30 million people in the U.S. suffered from osteoarthritis and around 10% people over 55 years suffered from knee pain in 2015.

According to National Center for Biotechnology Information, 10% men and 13% women of aged 60 years and older are suffering from osteoarthritis in the U.S. The prevalence of osteoarthritis is high in females as compared to men, due to menopause and hormonal imbalance. Factors that may lead to osteoarthritis are knee injury, overweight, obesity, muscle weakness, repetitive unnatural strain on joints, loss of bone density, and joint laxity, among others. Thus, growing prevalence of this disease is the major factor contributing towards growth of the overall viscosupplementation market.

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The ‘Viscosupplementation Market Research Report 2018-2026’ is an efficient and detailed study on the present situation by focusing on the global market. Study report offers key statistical information on the market situation of the manufacturers and is a beneficial source of advice and guidance for companies and persons involved in the industry. At the start, the study report offers a basic outlook of the industry containing its introduction, applications, and manufacturing technology. Also, the report scrutinizes the international key market players in-depth.

Regional dynamics:

North America is the largest revenue contributor towards the global viscosupplementation market. This is due to the presence of well-developed healthcare infrastructure and presence of leading vendors such as Anika Therapeutics, Sanofi, and Fidia Farmaceutici in the region. Asia Pacific market is expected to expand at the highest CAGR during the forecast period. There is high demand for viscosupplementation products in APAC region due to increasing research activities, rising awareness regarding viscosupplementation procedures, and presence of large geriatric population.

One of the latest trends gaining significant traction in the market is the increase in R&D activities and the launch of novel Viscosupplementation by the market vendors. Due to the highly competitive nature of the market and the presence of various players, companies are increasingly focusing on advanced technologies to manufacture innovative Viscosupplementation.

The Global Viscosupplementation market is highly fragmented and diversified due to the presence of many international and regional players in the market. The growth of players also depends on market conditions, and industry development. Access to capital and advances in product innovations are major barriers for the entry of new players. As a result, vendors must expand geographically and revive domestic demand to achieve sustained growth over time.

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Some of the Key Players of Viscosupplementation Market:

Presence of various global and local players in market leads to high competition among vendors. The top players compete with each other on various factors such as brand, product quality, pricing, and availability. The growth of market players depends on market conditions, industry development, and government support.

Key vendors in this viscosupplementation market include Anika Therapeutics, Sanofi, Seikagaku, Ferring Pharmaceuticals, and Fidia Farmaceutici .Other prominent vendors in the market include Mylan, Contipro Biotech, Lifecore Biomedical, Smith & Nephew, HTL Biotechnology, Hyaltech, Expanscience Laboratories, Nordic Drugs, Shandong Freda Biochem, F. Hoffmann-La Roche, Lipo Chemicals, DePuy Synthes, Galderma, Merz Aesthetics, Shanghai Jingfeng Pharmaceutical, Allergan, TEIJIN PHARMA, and TRB Chemedica International. Companies are focusing on expansion of their geographical reach and increase domestic sales in order to enhance their share in the global viscosupplementation market.

This study report analyzes this market on the basis of its market segments, major geographies, and current market trends. This report provides comprehensive analysis of

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

Reasons to Buy this Report:

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

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