Knee Osteoarthritis Market:
WiseGuyReports.com adds “Global Knee Osteoarthritis Market Outlook 2025” reports to its database.
Executive Summary
Osteoarthritis is a condition that is characterised by focal loss of articular cartilage within the synovial joints, along with hypertrophy of the bone and thickening of the joint capsule. Knee osteoarthritis is usually treated with pharmacological therapy first. If it fails, one should consider surgical therapy as it is non-conservative in nature.
The global knee osteoarthritis treatment market is rising and is estimated to see significant growth in the forecasted period due to the rising demand from the increasing geriatric population, lifestyle diseases that are on the rise, increasing incidence of knee osteoarthritis and the rising demand for advanced, effective, yet minimally invasive surgical procedures.
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Segmentation
The global knee osteoarthritis market can be segmented in terms of treatment into:
- Non-Surgical(pharmacological) modalities- Treatments that include NSAIDs, corticosteroids, hyaluronic acid injections and alternate therapies
- Surgical(non-pharmacological) Treatments that include arthroscopy, cartilage repair, osteotomy and knee arthroplasty.
Regional Analysis
The market for knee osteoarthritis can be divided into three segments, with respect to the region:
- North America(mainly the USA)
- Europe
- The Asia Pacific
The number of cases of knee osteoarthritis is growing across the globe, but the North American market has been reported with the largest as well as the fastest growth. This trend is expected to continue even in the forecasted period.
The main driving factors for the rising demand in the North American market is attributed to the changing lifestyles, increase in the number of obesity cases, a rise in the geriatric population within the continent, increasing awareness among the people, availability of advanced treatment options, government reimbursement policies and the willingness of people to undergo treatment. All these factors are said to play a role in the forecasted growth of knee osteoarthritis market in the next few years and in the growth of the surgical segment in North America.
While North America is said to rule the roost, due to the upcoming research and development efforts in other parts of the world, regions like Europe, Latin America, and Asia are expected to show significant growth in the pharmacological as well as surgical treatments for knee osteoarthritis.
Industry News
There has been an increase in the research activities in the global knee osteoarthritis treatment industry that has lead to the development of promising options for treating the condition using stem cells. These stem cells are being studied as they have the potential to regenerate knee cartilage which can substantially reduce the pain in osteoarthritis patients.
Continuous…
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