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PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1423793

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PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1423793

Osteoarthritis Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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According to alarming statistics from the World Health Organization (WHO) and the United Nations (UN), the world is on the brink of an osteoarthritis crisis. Currently affecting 10% to 15% of all adults over 60, with a higher prevalence among women, osteoarthritis is set to dramatically increase as the global population ages. By 2050, the UN estimates that over 20% of the world's population will be aged over 60, with a conservative estimate of 15% experiencing symptomatic osteoarthritis. Of this population, one-third will be severely disabled, resulting in a staggering 130 million people worldwide suffering from osteoarthritis.

Osteoarthritis: A Leading Musculoskeletal Disease

Osteoarthritis accounts for over 50% of all musculoskeletal diseases, according to WHO reports. The Global Burden of Disease 2010 study ranks osteoarthritis as the 11th highest contributor to global disability. In response to this impending crisis, governments and non-governmental organizations (NGOs) are intensifying efforts to improve healthcare services and raise awareness, particularly among women, who are disproportionately affected by the condition.

North America Positioned to Lead Amid Rising Cases

As lifestyle changes, increasing obesity rates, and a growing geriatric population drive up osteoarthritis cases in North America, the region is poised to lead in addressing this health challenge. The adoption of treatments and drugs is on the rise, supported by better treatment options, heightened awareness, government reimbursement policies, and a willingness among the populace to seek treatment. This favorable environment is expected to fuel the growth of the osteoarthritis treatment market in North America.

Global Business Opportunities in Osteoarthritis Treatment

The U.S., Europe, and Asia Pacific present lucrative markets for osteoarthritis treatment and drugs due to the high prevalence of the disease. Alternative and complementary medicines are gaining traction, particularly in the U.S., where segments like alternative medicine are experiencing rapid growth and offer significant research potential. Advancements in technology are driving a more focused approach to osteoarthritis management, fueling the growth of the global osteoarthritis treatment market in the long run.

Europe on Track to Close Gap with North America

While North America leads currently, Europe is expected to catch up in the coming years, with the UK playing a significant role in the region's osteoarthritis treatment market. Changing government policies are expected to incentivize drug manufacturers to develop more effective treatment options. Healthcare policies tailored to manage osteoarthritis effectively are anticipated to boost revenue growth in the European market, where biomarker application in drug development holds promising potential.

Biomarker Integration Revolutionizes Osteoarthritis Drug Development

The integration of biomarkers in drug development is expected to revolutionize osteoarthritis treatment, particularly in Europe. Biomarkers, quantifiable characteristics of biological processes, offer a promising avenue for diagnosing specific disease conditions and enhancing product development in clinical trials. Manufacturers are leveraging advancements in technology to quantify biomarkers and improve the efficacy of osteoarthritis treatments, addressing the disease burden on a global scale.

Competitive Analysis

Top key players mentioned in the global Osteoarthritis market research report are

  • Pfizer Inc.
  • Johnson & Johnson Services, Inc.
  • Novartis AG
  • GlaxoSmithKline plc.
  • Zimmer Biomet Holdings, Inc.
  • Stryker Corporation
  • Abbott Laboratories

Market Segmentation

Treatment Type

  • Drugs
  • Assistive Devices

Disease Type

  • Knee Osteoarthritis
  • Spine Osteoarthritis
  • Foot & Ankle Osteoarthritis
  • Shoulder Osteoarthritis
  • Hand Osteoarthritis

Distribution Channels

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • E-Commerce

Region

  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Table of Contents

1. Executive Summary

  • 1.1. Global Osteoarthritis Market Snapshot
  • 1.2. Future Projections
  • 1.3. Key Market Trends
  • 1.4. Regional Snapshot, by Value, 2023
  • 1.5. Analyst Recommendations

2. Market Overview

  • 2.1. Market Definitions and Segmentations
  • 2.2. Market Dynamics
    • 2.2.1. Drivers
    • 2.2.2. Restraints
    • 2.2.3. Market Opportunities
  • 2.3. Value Chain Analysis
  • 2.4. Porter's Five Forces Analysis
  • 2.5. COVID-19 Impact Analysis
    • 2.5.1. Supply
    • 2.5.2. Demand
  • 2.6. Impact of Ukraine-Russia Conflict
  • 2.7. Economic Overview
    • 2.7.1. World Economic Projections
  • 2.8. PESTLE Analysis
  • 2.9. Global Osteoarthritis Market Outlook, 2018 - 2031
  • 2.10. Global Osteoarthritis Market Outlook, by Treatment Type, Value (US$ Mn), 2018 - 2031
    • 2.10.1. Key Highlights
      • 2.10.1.1. Drugs
      • 2.10.1.2. Assistive Devices
  • 2.11. Global Osteoarthritis Market Outlook, by Disease Type, Value (US$ Mn), 2018 - 2031
    • 2.11.1. Key Highlights
      • 2.11.1.1. Knee Osteoarthritis
      • 2.11.1.2. Spine Osteoarthritis
      • 2.11.1.3. Foot & Ankle Osteoarthritis
      • 2.11.1.4. Shoulder Osteoarthritis
      • 2.11.1.5. Hand Osteoarthritis
  • 2.12. Global Osteoarthritis Market Outlook, by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 2.12.1. Key Highlights
      • 2.12.1.1. Hospital Pharmacies
      • 2.12.1.2. Retail Pharmacies
      • 2.12.1.3. Drug Stores
      • 2.12.1.4. E-Commerce
  • 2.13. Global Osteoarthritis Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
    • 2.13.1. Key Highlights
      • 2.13.1.1. North America
      • 2.13.1.2. Europe
      • 2.13.1.3. Asia Pacific
      • 2.13.1.4. Latin America
      • 2.13.1.5. Middle East & Africa
  • 2.14. North America Osteoarthritis Market Outlook, 2018 - 2031
  • 2.15. North America Osteoarthritis Market Outlook, by Treatment Type, Value (US$ Mn), 2018 - 2031
    • 2.15.1. Key Highlights
      • 2.15.1.1. Drugs
      • 2.15.1.2. Assistive Devices
  • 2.16. North America Osteoarthritis Market Outlook, by Disease Type, Value (US$ Mn), 2018 - 2031
    • 2.16.1. Key Highlights
      • 2.16.1.1. Knee Osteoarthritis
      • 2.16.1.2. Spine Osteoarthritis
      • 2.16.1.3. Foot & Ankle Osteoarthritis
      • 2.16.1.4. Shoulder Osteoarthritis
      • 2.16.1.5. Hand Osteoarthritis
  • 2.17. North America Osteoarthritis Market Outlook, by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 2.17.1. Key Highlights
      • 2.17.1.1. Hospital Pharmacies
      • 2.17.1.2. Retail Pharmacies
      • 2.17.1.3. Drug Stores
      • 2.17.1.4. E-Commerce
    • 2.17.2. BPS Analysis/Market Attractiveness Analysis
  • 2.18. North America Osteoarthritis Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
      • 2.18.1.1. Key Highlights
      • 2.18.1.2. U.S. Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.18.1.3. U.S. Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.18.1.4. U.S. Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.18.1.5. Canada Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.18.1.6. Canada Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.18.1.7. Canada Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 2.18.2. BPS Analysis/Market Attractiveness Analysis
  • 2.19. Europe Osteoarthritis Market Outlook, 2018 - 2031
  • 2.20. Europe Osteoarthritis Market Outlook, by Treatment Type, Value (US$ Mn), 2018 - 2031
    • 2.20.1. Key Highlights
      • 2.20.1.1. Drugs
      • 2.20.1.2. Assistive Devices
  • 2.21. Europe Osteoarthritis Market Outlook, by Disease Type, Value (US$ Mn), 2018 - 2031
    • 2.21.1. Key Highlights
      • 2.21.1.1. Knee Osteoarthritis
      • 2.21.1.2. Spine Osteoarthritis
      • 2.21.1.3. Foot & Ankle Osteoarthritis
      • 2.21.1.4. Shoulder Osteoarthritis
      • 2.21.1.5. Hand Osteoarthritis
  • 2.22. Europe Osteoarthritis Market Outlook, by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 2.22.1. Key Highlights
      • 2.22.1.1. Hospital Pharmacies
      • 2.22.1.2. Retail Pharmacies
      • 2.22.1.3. Drug Stores
      • 2.22.1.4. E-Commerce
    • 2.22.2. BPS Analysis/Market Attractiveness Analysis
  • 2.23. Europe Osteoarthritis Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
    • 2.23.1. Key Highlights
      • 2.23.1.1. Germany Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.2. Germany Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.3. Germany Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.23.1.4. U.K. Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.5. U.K. Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.6. U.K. Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.23.1.7. France Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.8. France Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.9. France Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.23.1.10. Italy Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.11. Italy Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.12. Italy Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.23.1.13. Turkey Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.14. Turkey Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.15. Turkey Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.23.1.16. Russia Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.17. Russia Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.18. Russia Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.23.1.19. Rest of Europe Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.20. Rest of Europe Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.23.1.21. Rest of Europe Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 2.23.2. BPS Analysis/Market Attractiveness Analysis
  • 2.24. Asia Pacific Osteoarthritis Market Outlook, 2018 - 2031
  • 2.25. Asia Pacific Osteoarthritis Market Outlook, by Treatment Type, Value (US$ Mn), 2018 - 2031
    • 2.25.1. Key Highlights
      • 2.25.1.1. Drugs
      • 2.25.1.2. Assistive Devices
  • 2.26. Asia Pacific Osteoarthritis Market Outlook, by Disease Type, Value (US$ Mn), 2018 - 2031
    • 2.26.1. Key Highlights
      • 2.26.1.1. Knee Osteoarthritis
      • 2.26.1.2. Spine Osteoarthritis
      • 2.26.1.3. Foot & Ankle Osteoarthritis
      • 2.26.1.4. Shoulder Osteoarthritis
      • 2.26.1.5. Hand Osteoarthritis
  • 2.27. Asia Pacific Osteoarthritis Market Outlook, by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 2.27.1. Key Highlights
      • 2.27.1.1. Hospital Pharmacies
      • 2.27.1.2. Retail Pharmacies
      • 2.27.1.3. Drug Stores
      • 2.27.1.4. E-Commerce
    • 2.27.2. BPS Analysis/Market Attractiveness Analysis
  • 2.28. Asia Pacific Osteoarthritis Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
    • 2.28.1. Key Highlights
      • 2.28.1.1. China Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.2. China Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.3. China Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.28.1.4. Japan Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.5. Japan Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.6. Japan Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.28.1.7. South Korea Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.8. South Korea Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.9. South Korea Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.28.1.10. India Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.11. India Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.12. India Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.28.1.13. Southeast Asia Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.14. Southeast Asia Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.15. Southeast Asia Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 2.28.1.16. Rest of Asia Pacific Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.17. Rest of Asia Pacific Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 2.28.1.18. Rest of Asia Pacific Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 2.28.2. BPS Analysis/Market Attractiveness Analysis
  • 2.29. Latin America Osteoarthritis Market Outlook, 2018 - 2031
  • 1.1. Latin America Osteoarthritis Market Outlook, by Treatment Type, Value (US$ Mn), 2018 - 2031
    • 1.1.1. Key Highlights
      • 1.1.1.1. Drugs
      • 1.1.1.2. Assistive Devices
  • 1.2. Latin America Osteoarthritis Market Outlook, by Disease Type, Value (US$ Mn), 2018 - 2031
    • 1.2.1. Key Highlights
      • 1.2.1.1. Knee Osteoarthritis
      • 1.2.1.2. Spine Osteoarthritis
      • 1.2.1.3. Foot & Ankle Osteoarthritis
      • 1.2.1.4. Shoulder Osteoarthritis
      • 1.2.1.5. Hand Osteoarthritis
  • 1.3. Latin America Osteoarthritis Market Outlook, by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 1.3.1. Key Highlights
      • 1.3.1.1. Hospital Pharmacies
      • 1.3.1.2. Retail Pharmacies
      • 1.3.1.3. Drug Stores
      • 1.3.1.4. E-Commerce
    • 1.3.2. BPS Analysis/Market Attractiveness Analysis
  • 1.4. Latin America Osteoarthritis Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
    • 1.4.1. Key Highlights
      • 1.4.1.1. Brazil Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 1.4.1.2. Brazil Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 1.4.1.3. Brazil Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 1.4.1.4. Mexico Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 1.4.1.5. Mexico Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 1.4.1.6. Mexico Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 1.4.1.7. Argentina Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 1.4.1.8. Argentina Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 1.4.1.9. Argentina Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 1.4.1.10. Rest of Latin America Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 1.4.1.11. Rest of Latin America Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 1.4.1.12. Rest of Latin America Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 1.4.2. BPS Analysis/Market Attractiveness Analysis
  • 1.5. Middle East & Africa Osteoarthritis Market Outlook, 2018 - 2031
  • 1.6. Middle East & Africa Osteoarthritis Market Outlook, by Treatment Type, Value (US$ Mn), 2018 - 2031
    • 1.6.1. Key Highlights
      • 1.6.1.1. Drugs
      • 1.6.1.2. Assistive Devices
  • 1.7. Middle East & Africa Osteoarthritis Market Outlook, by Disease Type, Value (US$ Mn), 2018 - 2031
    • 1.7.1. Key Highlights
      • 1.7.1.1. Knee Osteoarthritis
      • 1.7.1.2. Spine Osteoarthritis
      • 1.7.1.3. Foot & Ankle Osteoarthritis
      • 1.7.1.4. Shoulder Osteoarthritis
      • 1.7.1.5. Hand Osteoarthritis
  • 1.8. Middle East & Africa Osteoarthritis Market Outlook, by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 1.8.1. Key Highlights
      • 1.8.1.1. Hospital Pharmacies
      • 1.8.1.2. Retail Pharmacies
      • 1.8.1.3. Drug Stores
      • 1.8.1.4. E-Commerce
    • 1.8.2. BPS Analysis/Market Attractiveness Analysis
  • 1.9. Middle East & Africa Osteoarthritis Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
    • 1.9.1. Key Highlights
      • 1.9.1.1. GCC Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 1.9.1.2. GCC Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 1.9.1.3. GCC Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 1.9.1.4. South Africa Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 1.9.1.5. South Africa Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 1.9.1.6. South Africa Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 1.9.1.7. Egypt Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 1.9.1.8. Egypt Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 1.9.1.9. Egypt Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 1.9.1.10. Nigeria Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 1.9.1.11. Nigeria Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 1.9.1.12. Nigeria Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
      • 1.9.1.13. Rest of Middle East & Africa Osteoarthritis Market by Treatment Type, Value (US$ Mn), 2018 - 2031
      • 1.9.1.14. Rest of Middle East & Africa Osteoarthritis Market by Disease Type, Value (US$ Mn), 2018 - 2031
      • 1.9.1.15. Rest of Middle East & Africa Osteoarthritis Market by Distribution Channels, Value (US$ Mn), 2018 - 2031
    • 1.9.2. BPS Analysis/Market Attractiveness Analysis

2. Competitive Landscape

  • 2.1. By End User vs By Application Heat map
  • 2.2. Manufacturer vs by Disease Type Heatmap
  • 2.3. Company Market Share Analysis, 2022
  • 2.4. Competitive Dashboard
  • 2.5. Company Profiles
    • 2.5.1. Pfizer Inc
      • 2.5.1.1. Company Overview
      • 2.5.1.2. Product Portfolio
      • 2.5.1.3. Financial Overview
      • 2.5.1.4. Business Strategies and Development
    • 2.5.2. Johnson & Johnson Services, Inc.
      • 2.5.2.1. Company Overview
      • 2.5.2.2. Product Portfolio
      • 2.5.2.3. Financial Overview
      • 2.5.2.4. Business Strategies and Development
    • 2.5.3. Novartis AG
      • 2.5.3.1. Company Overview
      • 2.5.3.2. Product Portfolio
      • 2.5.3.3. Financial Overview
      • 2.5.3.4. Business Strategies and Development
    • 2.5.4. GlaxoSmithKline plc.
      • 2.5.4.1. Company Overview
      • 2.5.4.2. Product Portfolio
      • 2.5.4.3. Financial Overview
      • 2.5.4.4. Business Strategies and Development
    • 2.5.5. Zimmer Biomet Holdings, Inc
      • 2.5.5.1. Company Overview
      • 2.5.5.2. Product Portfolio
      • 2.5.5.3. Financial Overview
      • 2.5.5.4. Business Strategies and Development
    • 2.5.6. Stryker Corporation
      • 2.5.6.1. Company Overview
      • 2.5.6.2. Product Portfolio
      • 2.5.6.3. Financial Overview
      • 2.5.6.4. Business Strategies and Development
    • 2.5.7. Abbott Laboratories
      • 2.5.7.1. Company Overview
      • 2.5.7.2. Product Portfolio
      • 2.5.7.3. Financial Overview
      • 2.5.7.4. Business Strategies and Development

3. Appendix

  • 3.1. Research Methodology
  • 3.2. Report Assumptions
  • 3.3. Acronyms and Abbreviations
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