PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1866224
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1866224
Knee Osteoarthritis Drugs Market Introduction and Overview
According to SPER market research, 'Global Knee Osteoarthritis Drugs Market Size- By Drug Type, By Route of Administration, By Age Group- Regional Outlook, Competitive Strategies and Segment Forecast to 2034' states that the Global Knee Osteoarthritis Drugs Market is predicted to reach 15.3 billion by 2034 with a CAGR of 8.24%.
The degeneration of cartilage in osteoarthritis of the knee results in pain, stiffness, swelling, and restricted knee mobility. It is usually more common in older adults, but it can also strike younger people due to trauma, obesity, or genetic predisposition. The illness may have a significant impact on daily activities and lives. Treatment primarily aims to control symptoms and slow the progression of the illness through the use of medications such as analgesics, corticosteroids, nonsteroidal anti-inflammatory drugs, and new disease-modifying therapies.
Restraints: There are several challenges facing the knee osteoarthritis drug market that could limit its growth. High treatment costs, particularly for injectables and advanced therapies, may make treatment inaccessible to patients. Side effects and safety concerns associated with long-term use of corticosteroids, nonsteroidal anti-inflammatory drugs (NSAIDs), and certain analgesics may reduce patient adherence. When existing treatments fail to halt the progression of their diseases, some patients resort to surgery.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Drug Type, By Route of Administration, By Age Group
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Anika Therapeutics, Avanos, Biotech Healthcare, Bioventus, Ferring Pharmaceuticals, Fidia Pharma, GlaxoSmithKline (GSK), Haleon, Kenvue, Organon LLC, Pacira Pharmaceuticals, Pfizer, Premier Surgical, Sanofi, Stellar Pharmaceuticals.
Global Knee Osteoarthritis Drugs Market Segmentation:
By Drug Type: Based on the Drug type, Global Knee Osteoarthritis Drugs Market is segmented as: Non-steroidal anti-inflammatory drugs (NSAIDs), Corticosteroids, Viscosupplementation, Analgesics, Other drug types.
By Route of Administration: Based on the Route of Administration, Global Knee Osteoarthritis Drugs Market is segmented as; Oral, Parenteral, Topical
By Age Group: Based on the Age Group, Global Knee Osteoarthritis Drugs Market is segmented as; 18 a€" 44,45 a€"64, and Above 65.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.