What is Osteoarthritis Therapeutic?
Osteoarthritis is type of arthritis that occurs when flexible tissue at the ends of bones wears down. Osteoarthritis Therapeutic and Growth in this industry is driven by the rapid growth in the geriatric and obese population and the associated increase in the prevalence of osteoarthritis disease. On the other hand, the availability of alternative non-drug pain management therapies is a major market challenge.
The market study is broken down and major geographies with country level break-up.
The Osteoarthritis Therapeutic market is highly fragmented in nature with a large number of international as well as regional players operating in the market. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Osteoarthritis Therapeutic market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sanofi (France), Horizon Therapeutics (Ireland), Johnson & Johnson (United States), GlaxoSmithKline Plc (United Kingdom), Bayer AG (Germany), Abbott (United States), Pfizer (United States), Eli Lilly (United States), Anika Therapeutics (United States) and Novartis (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Bioventus (United States), Zimmer Biomet Holdings, Inc.(United States), Flexion Therapeutics (United States) and Fidia Farmaceutici s.p.a. (Italy).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Osteoarthritis Therapeutic market by Type, Application and Region.
On the basis of geography, the market of Osteoarthritis Therapeutic has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Drug , the sub-segment i.e. Viscosupplementation Agents will boost the Osteoarthritis Therapeutic market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Route of Administration, the sub-segment i.e. Parenteral will boost the Osteoarthritis Therapeutic market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Osteoarthritis Therapeutic market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Anatomy, the sub-segment i.e. Knee will boost the Osteoarthritis Therapeutic market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Purchase Mode, the sub-segment i.e. Prescription Drug will boost the Osteoarthritis Therapeutic market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Increase in the Prevalence of Osteoarthritis
Market Drivers
- Rapid Growth in the Geriatric and Obese Populations
- Increasing Incidence of Sports Injuries
Opportunities
- Emerging Markets
- Strategic Collaborations Focused on New Product Development
Restraints
- Risk of Adverse Cardiovascular Events Associated With the Use of Nsaids in Osteoarthritis Treatment
Challenges
- Availability of Alternative Non-Drug Pain Management Therapies
Key Target Audience
Hospitals, Medical Centers, Research Firm, Government Organization, Medical Laboratories and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.