This bursitis treatment report provides information about the market landscape and major players. It gives competitive situation and market concentration status along with basic information of the players. This report provides a full scale analysis of the worldwide market which includes production, market share revenue, price and the growth rate by type. It also pays attention to the production, revenue, price and gross margin of the markets of the different regions. Additionally, it concentrates on manufacturing analysis, including key raw material analysis, cost structure analysis and process analysis making up comprehensive analysis of manufacture cost. Creative methods and research tools such as SWOT analysis, Pestle and Porter’s Five Forces analysis are employed to analyze the weakness, strength, shortcomings and opportunities present in the market.
Global bursitis treatment market is rising gradually with a steady CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Growing demand of disease specific treatment for bursitis and prevalent cases of family history of this condition are the key drivers for market growth.
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Bursitis generally gets better on its own. Conservative measures, such as rest, ice and taking a pain reliever, can relieve discomfort. If conservative measures don’t work, you might require:
Some of the major competitors currently working in the global bursitis treatment market: Bone Therapeutics SA, Vesalius Medical Technologies, Endo Pharmaceuticals Inc, Teva Pharmaceutical Industries Ltd, Pfizer Inc, Mylan N.V., Hikma Pharmaceuticals PLC, Vintage Labs, Jubilant Life Sciences Ltd, Sun Pharmaceutical Industries Limited, Larken Laboratories, Inc, Lannett, WOCKHARDT, Fera Pharmaceuticals and others
Market Drivers
- Vulnerable aging population can enhance the market growth
- Rise in prevalence of arthritis and sudden injuries can develop bursitis can also act as a market driver
- Accelerates demand of novel therapies is driving the growth of this market
- Adoption of unhealthy lifestyles and vigorous aggressive exercise which involved overuse and repeated movements of body can cause bursitis is enhancing the market growth
Market Restraints
- Effective treatment is unavailable and unaffordable which can hamper the market growth
- Preference over non-conventional therapy over pharmacological therapies is restraint the market growth
- Lack of skilled expertise in some middle-income and low-income countries also acting as a challenging factor for the growth of this market
Key Developments in the Market:
In September 2017, Vesalius Medical Technologies received the U.S. patent for its Bursitis treatment device and method for the treatment of inflammation of a bursa in a patient’s joint. It was filed in the September 2015. The U.S. grants of this patents enables the company to generates the revenue by out-licensed their products to other pharma companies.
Treatment
- Medication. If the inflammation in your bursa is caused by an infection, your doctor might prescribe an antibiotic.
- Therapy. Physical therapy or exercises can strengthen the muscles in the affected area to ease pain and prevent recurrence.
- Injections. A corticosteroid drug injected into the bursa can relieve pain and inflammation in your shoulder or hip. This treatment generally works quickly and, in many cases, one injection is all you need.
- Assistive device. Temporary use of a walking cane or other device will help relieve pressure on the affected area.
- Surgery. Sometimes an inflamed bursa must be surgically drained, but only rarely is surgical removal of the affected bursa necessary.
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Segmentation: Global Bursitis Treatment Market
By Type
- Anterior Achilles Tendon Bursitis
- Posterior Achilles Tendon Bursitis
- Hip Bursitis
- Others
By Treatment Type
- Medication
- Surgery
- Physical Therapy
By Drugs
- Corticosteroids
- Antibiotic
- Nonsteroidal Anti-Inflammatory Drugs
- Others
By End Users
- Hospitals
- Homecare
- Specialty Clinics
- Others
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Drug Stores
By Geography
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa
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