PUBLISHER: Orion Market Research | PRODUCT CODE: 1159199
PUBLISHER: Orion Market Research | PRODUCT CODE: 1159199
Global Tendonitis Treatment Market Size, Share & Trends Analysis Report by Condition (Achilles Tendonitis, Supraspinatus Tendonitis, Tennis Elbow, Golfer's Elbow, and Pitcher's Elbow), By Treatment (Surgical Treatment, Physical therapy, Shockwave Therapy, and Others), Forecast Period 2022-2028
The global market for tendonitis treatment is projected to have a considerable CAGR of around 2.6% during the forecast period. Treatment for tendonitis aims to alleviate pain and reduce inflammation. Increasing prevalence of tendonitis due to growth in the aging population, sports, and occupational work injuries, and unexpected injuries induced by physical activity and trauma are expected to drive market growth over the forecast period. Furthermore, the increased use of electronic gadgets among children and teenagers makes them more sensitive to problems with their hands, arms, and wrists, increasing their chances of getting tendinitis. Additionally, increasing career opportunities and a growing desire for good fitness have boosted the number of people who choose sports as a career or a hobby. As a result, their chances of getting injured are projected to increase which in turn will fuel the treatment demand. However, a lack of public understanding of the condition and its advanced treatments may have a negative impact on the market.
The global tendonitis treatment market is segmented based on the condition and treatment. Based on the condition, the market is segmented into Achilles tendonitis, supraspinatus tendonitis, tennis elbow, golfer's elbow, and pitcher's elbow. Based on the treatment the market is further categorized as surgical treatment, physical therapy, shockwave therapy, and others.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is estimated to have the largest market share in the global tendinitis treatment market and the factors that are attributing the growth are the growing number of tendonitis surgeries performed in the region and rising disposable income. Furthermore, the other key factors driving the market are ongoing research in this field, increasing products in the pipeline for tendonitis treatment, particularly in China and Japan.
The key players of the market include DJO Global Inc., Zimmer Biomet, 3M Co, and AKSIGEN, among others. These market players adopt various strategies such as product launches, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market. In September 2021, Ossur, a global innovator in prosthetic and non-invasive orthopedic technologies launched the new Rebound Post-Op Elbow Brace, a non-invasive, lightweight adjustable brace, that is designed to be the lightest weight in the market and provides both elbow immobilization and range-of-motion restriction for the patients who may have experienced a variety of conditions such as chronic elbow injuries and tennis elbow release.
Research Methodology
The market study of the global tendinitis treatment market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: