Market Research Future has announced the addition of the ‘Knee Bursitis Market: Global Industry Analysis 2017-2018 and Opportunity Assessment 2018–2023″ report to their offering. Report presents a revised forecast of the global Knee Bursitis Market for a 5-year period 2018-2023 with respect to four main geographies and their countries- Americas, Europe, Asia Pacific and Middle East and Africa.
Knee bursitis is inflammation of a small fluid-filled sac (bursa) situated near the knee joint. Bursae reduce friction and cushion pressure points between bones and the tendons, muscles, and skin near joints. Knee bursitis signs and symptoms vary, depending on which bursa is affected and what’s causing the inflammation. Generally, the affected portion of knee might feel warm, tender, and swollen when pressure is applied. But most cases of knee bursitis result from friction and irritation of the bursa that occurs in jobs that require a lot of kneeling on hard surfaces. Knee bursitis can be caused by frequent and sustained pressure, such as kneeling, especially on hard surfaces, overuse or strenuous activity, a direct blow to the knee, a bacterial infection of the bursa, complications from osteoarthritis, and others. Risk factors for knee bursitis is a common complaint, but the risk of developing this painful disorder can increase from prolonged kneeling. For instance, people who work on their knees for long periods such as carpet layers, plumbers, and gardeners are at increased risk of knee bursitis. Sports that result in direct blows or frequent falls on the knee such as wrestling, football, and volleyball can increase your risk of knee bursitis. Runners can develop pain and inflammation in the pes anserine bursa, situated on the inner side knee below the joint.
The global knee bursitis market is expecting a sound growth in the coming future owing to the increasing prevalence of bone-related diseases and favorable reimbursement policies. Mostly all diabetic patients suffer from some or the other knee bursitis. According to findings from the WHO in 2014, approximately 422 million people reported suffering from diabetes. Due to the increasing diabetic population across the globe, there is a significant increase in the number of people with knee bursitis. Additionally, increasing geriatric population and increasing healthcare expenditure have fuelled the growth of the market. On the other hand, strict regulatory rules and the high cost of the treatment methods may slow the growth of the market during the forecast period. The knee bursitis market is expected to grow at a CAGR of 7.1% during the forecast period 2017-2023.
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Knee Bursitis Market – Leading players
- Novartis AG
- Pfizer Inc
- Amgen Inc
- AVEO Pharmaceuticals Inc
- Bayer AG
- Bellicum Pharmaceuticals Inc
- MediaPharma srl
- Merck & Co., Inc
- Merrimack Pharmaceuticals Inc
- Oncolys BioPharma Inc
- United Therapeutics Corp and others.
Global Knee Bursitis Market – Regional Analysis
The Americas command a major share of the market owing to the huge patient population suffering from bone related problems & diabetes, increasing demand for the advanced devices, and strong government support. Additionally, availability of funds and rising geriatric population are expected to fuel the growth of the market.
According to the United States Census Bureau, when the global population reached 7 billion in 2012, 562 million (or 8.0 %) people were aged 65 and over. In 2015, the older population rose by 55 million and the proportion of the older population reached 8.5 % of the total population
Europe accounts for the second largest market across the globe, which is followed by the Asia Pacific. Strong government support, availability of funds for research, and high healthcare expenditure is driving the growth of the market.
The Asia Pacific is the fastest growing market owing to increasing need for better devices, rapidly improving technology, and the presence of huge patient pool. China and India are the key contributors to the growth of the market. Additionally, increasing government support, and presence of huge opportunity have fuelled the growth of the market in the Asia Pacific.
The Middle East & Africa holds the least share of the global market due to limited availability of medical facilities and poor economic conditions in the African region. The Middle East holds the major share in the market in this region owing to a well-developed economy, whereas, African region is expecting a healthy growth due to the presence of huge opportunity in the market.
Global Knee Bursitis – Market Segmentation
The global knee bursitis market has been segmented on the basis of diagnosis, treatment, and end users. On the basis of the diagnosis, the global knee bursitis market is segmented into imaging tests and others. Imaging tests are further segmented into X-ray, MRI, ultrasound, and others. Based on the treatment, it is segmented medication, therapy, surgery and others. Medication is sub-further segmented into antibiotic treatment and others. Others segment includes corticosteroid injection and others. On the basis of the end users, the market is segmented into hospitals & clinics, diagnostic centers, research centers, academic institutes and others.
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TOC of Knee Bursitis Market Research Report – Global Forecast to 2023
2 Research Methodology
3 Market Dynamics
4 Market Factor Analysis
5 Global Knee Bursitis Market, By Diagnosis
6 Global Knee Bursitis Market, By Treatment
7 Global Knee Bursitis Market, By End User
8 Global Knee Bursitis Market, By Region
9 Competitive Landscape
10 Company Profile
11 MRFR Conclusion
LIST OF TABLES
Table 1 Knee Bursitis Industry Synopsis, 2017-2023
Table 2 Global Knee Bursitis Market Estimates And Forecast, 2017-2023, (USD Million)
Table 3 Global Knee Bursitis Market By Region, 2017-2023, (USD Million)
Table 4 Global Knee Bursitis Market By Diagnosis, 2017-2023, (USD Million)
Table 5 Global Knee Bursitis Market By Treatment, 2017-2023, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Global Knee Bursitis Market
Figure 3 Segmentation Market Dynamics For Knee Bursitis Market
Figure 4 Global Knee Bursitis Market Share, By Treatment 2016
Figure 5 Global Knee Bursitis Market Share, By End Users, 2016
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