Global Osteonecrosis Market Overview:
Osteonecrosis is a disorder causing a temporary or permanent loss of blood supply to the bone. When the blood supply is interrupted, the bone tissues (osteo) begin to break down (necrosis) it weakens the bone and ultimately results in its collapse. If this occurs near a joint, it can lead to the collapse of the joint surface, resulting in pain and swelling (arthritis). Osteonecrosis is also denoted as avascular necrosis (AVN), aseptic necrosis, and ischemic bone necrosis. Osteonecrosis can occur in any bone, but most usually affect the ends of long bones such as the thigh bone, causing hip and knee problems. Other common sites comprise the bones of the shoulders, upper arms, and ankles, more commonly occurs in several bones at one time.
Market Drivers
- Rising Demand for Non-Invasive Treatment
- Up surging Dependence on Surgery to Cure Osteonecrosis
Market Trend
- Rising Healthcare Burden of Osteonecrosis among Different Age Groups
- Increasing Hip Injuries
Restraints
- High Cost of Available For Osteonecrosis Treatments
Opportunities
- Rising Awareness Regarding Non-Invasive Method of Osteonecrosis Treatment
Challenges
- Adverse Side Effects Associated With Osteonecrosis Treatment Is Hampering the Market Growth
- Lack of Skilled Professionals In This Field
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Bone Therapeutics SA (Belgium), Enzo Biochem Inc. (United States), Atnahs (United Kingdom), Teva Pharmaceutical Industries (Israel), Merck & Co. Inc. (United States), Novartis AG (Switzerland), Pfizer Inc. (United States), Johnson & Johnson Services, Inc. (United States), Mylan N.V (United States), Amgen Inc. (United States), Zimmer Biomet (United States) and Micromedic Technologies Ltd. (Israel). Additionally, following companies can also be profiled that are part of our coverage like Exactech, Inc. (United States), Medacta International (Switzerland) and Vericel Corporation (United States). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Osteonecrosis market by 2025. Considering Market by Diagnoses Used, the sub-segment i.e. X-Ray will boost the Osteonecrosis market. Considering Market by Route of Administration, the sub-segment i.e. Oral will boost the Osteonecrosis market. Considering Market by Treatment Type, the sub-segment i.e. Conservative Treatment [Medication, Reduced Weight Bearing, Range of Motion Exercises, Electrical Stimulation] will boost the Osteonecrosis market.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Osteonecrosis market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Osteonecrosis market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Osteonecrosis Drug, Suppliers of Osteonecrosis Drug, Wholesalers, Distributors and Retailers of Osteonecrosis Drug, Healthcare Industry, Osteonecrosis Treatment Service Providers and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.