Joint Pain Injections Market is expected to reach around US$ 5.7 billion by 2026: Covering Covid-19 Analysis

Acumen Research and Consulting, a global provider of market research studies, has recently published a report titled “Joint Pain Injections Market (By Type: Hyaluronic Acid Injections, Corticosteroid Injections; By Joint Type: Knee and Ankle, Shoulder and Elbow, Hip Joint, Facet, Joints of the Spine; By Distribution Channel: Hospital Pharmacies, Online Pharmacies, Retail Pharmacies) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026” offers detailed insights of the market entailing insights on its different market segments.

The global Joint Pain Injections market is expected to grow at noteworthy CAGR around 8 % throughout the forecast period and reach around US$ 5.7 billion by 2026. The report provides analysis of global Joint Pain Injections market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.

Market Dynamics

Joint pain is the main reason of handicap among grown-ups in the U.S., as per realities distributed by the Arthritis Foundation. Around 54 million grown-ups and 300,000 infants and kids in the United States are influenced by joint pain or rheumatic infections. In the United States, in excess of 78 million individuals are probably going to encounter joint pain analyzed by the specialist by 2040. Osteoarthritis is likewise the most continuous sort of joint inflammation and influences around 31 million individuals in the United States. Expanded Arthritis pervasiveness further lifts necessities for infection altering medicines, which are projected to help joint pain injections in the figure time frame.

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Market Segment Analysis

In view of injection type, joint sort, end client and district, the worldwide injection pain market was isolated. With respect to injection type, corticosteroid and, hyaluronic corrosive injections, and others have all been arranged on the worldwide market. The segment of hyaluronic corrosive injections rules the worth of the joint agony injection market. The segment is probably going to be driven by expanded acknowledgment of hyaluronic corrosive injections as an option in contrast to knee medical procedure. The segment of corticosteroids is likewise expected to extend over the estimate time frame in a huge CAGR. As indicated by NCBI, intra-articular corticosteroid injections are more compelling in momentary help with discomfort for appraisal of the adequacy of corticosteroid injections.

The segment of the knee and ankle dominates the value market for joint pain injections. This is mainly due to the increased incidence and prevalence of knee-related conditions throughout the world. In a substantial CAGR over time, the shoulder-to-cole segment is expected to expand. It is due to the widespread occurrence of shoulder pain due to the increased use among the general populace of gadgets like mobile phones, PCs and laptops.

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In view of injection type, joint sort, end client and district, the worldwide injection pain market was isolated. With respect to injection type, corticosteroid and, hyaluronic corrosive injections, and others have all been arranged on the worldwide market. The segment of hyaluronic corrosive injections rules the worth of the joint agony injection market. The segment is probably going to be driven by expanded acknowledgment of hyaluronic corrosive injections as an option in contrast to knee medical procedure. The segment of corticosteroids is likewise expected to extend over the estimate time frame in a huge CAGR. As indicated by NCBI, intra-articular corticosteroid injections are more compelling in momentary help with discomfort for appraisal of the adequacy of corticosteroid injections.

Regional Analysis

Based on the region, the joint pain injections market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America rules the worldwide joint pain injections market, predominance of joint-related unsettling influence, innovative turn of events, an expansion in the quantity of geriatrists and a solid pervasiveness of obesities and use on wellbeing in the area are because of high acknowledgment of viscosupplementation.

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Because of expanded consciousness of joint pain in agricultural nations, for example, Indian and geriatric development and high acknowledgment of viscombining in Japan, the market is relied upon to grow in Asia-Pacific during the determined period at significantly high CAGR. Because of the expanded cognizance over joint pain, like India, the development of geriatric populaces and the high gathering of viscosupplementation in Japan, the market in Asia Pacific will grow at a significant level during the projected period.

Competitive Landscape

Allergan Plc., Pfizer Inc., Sanofi, Ferring B.V., Flexion Therapeutics, Inc.., Anika Therapeutics, Inc., SEIKAGAKU CORPORATION, and Chugai Pharmaceutical Co., Ltd. are major actors operating on the common pain injections market. Inc. Key players expand their product portfolio by combining, acquiring and cooperating with leading medical firms that are expected to improve the availability of the products and thus boost the market.