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Major Update on U.S. Osteoarthritis Therapeutics Market – Increased Funding from Private & Government Organizations

October 26th, 2022 Allied Market Research Releases

According to the report published by Allied Market Research, the global Osteoarthritis Therapeutics Market generated $6.75 billion in 2020, and is estimated to reach $15.69 billion by 2030, manifesting a CAGR of 8.8% from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.

What are the key trends in the osteoarthritis therapeutics market report?

The key trends in the osteoarthritis therapeutics market are by increase in prevalence of osteoarthritis; advancements in R&D activities for drug development; increase in funding from private & government organizations for development of healthcare sector and research centres and rise in demand for cell based research activities.

What are the market values / growth % of emerging countries?

Asia-Pacific is expected to register the highest CAGR of 9.1% from 2021 to 2030, owing to increase in prevalence of osteoarthritis, rise in number of female population, growth in health care expenditures, and lack of physical activities

♦ Download Free Sample PDF Now (Including Full TOC, Table & Figures):
https://www.alliedmarketresearch.com/request-sample/13056

Value Propositions Related to The Report:

  • Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
  • Comprehensive quantitative and qualitative insights at segment and sub-segment level
  • Covid 19 impact trends and perspective
  • Granular insights at global/regional/country level
  • Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
  • Blanket coverage on competitive landscape
  • Winning imperatives
  • Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market

Covid-19 Situation –

  • The increase in the number of COVID-19 patients and the decline in the use of non-steroidal anti-inflammatory drugs and corticosteroids have negatively impacted the market.
  • According to World Health Organization guidelines published in 2019, a systemic corticosteroid can be avoided in patients diagnosed with osteoarthritis along with COVID-19. This has contributed to the decline of the global osteoarthritis treatment market.

♦ Simply Speak to Expert for More Clarification of [COVID-19 on Your Business}:
https://www.alliedmarketresearch.com/connect-to-analyst/13056

According to Anatomy, the knee osteoarthritis segment accounted for the largest market share in 2020, contributing more than three-fifths of the total share, and is expected to hold the lead throughout the forecast period. The same segment is estimated to witness the 9.3% faster CAGR between 2021 and 2030. The report also covers other segments such as osteoarthritis of the hip, osteoarthritis of the hand and osteoarthritis of the small joints.

Depending on the region, Europe, followed by Asia-Pacific and North America, contributed the highest share in 2020, with nearly a third of the total share, and is expected to maintain dominance throughout the forecast period. The Asia-Pacific region is expected to record the fastest CAGR of 9.1% between 2021 and 2030.

Major Key Market Players in the Industry –

  • Abbott Laboratories
  • Bayer AG
  • Flexion Therapeutics, Inc.
  • GlaxoSmithKline plc.
  • Horizon Therapeutics plc.
  • Johnson & Johnson
  • Novartis
  • Pfizer Inc.
  • Sanofi
  • Zimmer Biomet Holding

♦ Inquire More About the Top Key Market Players Here:
https://www.alliedmarketresearch.com/purchase-enquiry/13056

Market: By Region Outlook

  • North America (U.S., Canada, Mexico)
  • Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)

Important Questions Being Answered by This Market Report Are –

Q1. What is the total market value of osteoarthritis therapeutics market report?

Q2. What would be forecast period in the market report?

Q3. What is the market value of osteoarthritis therapeutics market in 2021?

Q4. Which is base year calculated in the osteoarthritis therapeutics market report?

♦ Request for Customization:
https://www.alliedmarketresearch.com/request-for-customization/13056

Key findings of the study –

  • By anatomy, the knee osteoarthritis segment was the highest contributor to the market in 2020.
  • On the basis of drug type, the nonsteroidal anti-inflammatory drugs segment dominated the market in 2020, and is expected to continue this trend during the forecast period.
  • As per distribution channel, the hospital pharmacies segment was the highest contributor to the osteoarthritis therapeutics market in 2020.
  • Region-wise, Europe garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various research data tables and confirms utmost accuracy in our market forecasting. Each and every us companies and this helps us in digging out market data that helps us generate accurate y data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
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