Demand of Joint Pain Injections Market Highlights On Future Development 2022-2031


Joint pain injections market is anticipated to reach more than US$ 9.8 Bn by the end of 2031 and to grow at a CAGR of 7.8% from 2022 to 2031

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Injections for joint pain are usually administered directly into the joint to relieve pain and minimize swelling and discomfort. Joint discomfort is particularly common in the elderly population as a result of pre-existing illnesses or diseases. Musculoskeletal conditions such as arthritis and sacroiliac joint pain that cause pain and inflammation could contribute to joint discomfort. Rise in prevalence of osteoarthritis and rheumatoid arthritis; and increase in need for affordable treatments for such conditions are expected to increase the scope for joint pain injections market during the forecast period.

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High Unmet Needs of Patients with Joint Pain to Drive Global Joint Pain Injections Market

Joint pain due to arthritis is a prevalent complaint among people. It is also a significant contributor to reduced mobility and impairment. Currently, the available therapy options are insufficient, as they primarily concentrate on symptom alleviation and pain management. There are no medicines that can reverse or stop the progression of arthritis. Demand for new treatment options for joint pain is high, as people do not get relief from the already available medications. This is expected to drive the global joint pain injections market.

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Rise in Prevalence of Arthritis and Other Bone-related Disorders to Propel Global Joint Pain Injections Market

Arthritis is the most common cause of adult impairment globally. According to the Arthritis Foundation, osteoarthritis is the biggest cause of chronic impairment among the world’s population. It ranks sixth among all forms of disability globally. Moreover, it is one of the most widespread musculoskeletal disorders, affecting 10% of the world’s population aged over 60. In high-income countries, osteoarthritis affects up to 80% of those over 65, as it becomes more common with age. As the world’s population ages, degenerative joint disease illnesses such as osteoarthritis are likely to affect at least 130 million people by 2031, according to projections by the Arthritis Foundation.

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Growth in Sale of Hyaluronic Acid Injections to Create Lucrative Opportunities for Manufacturers

In terms of injection type, the global joint pain injections market has been divided into corticosteroid injections, hyaluronic acid injections, and others. The hyaluronic acid injections segment is projected to account for significant share of the global market during the forecast period. Large patient pool, preference for injections over surgeries, and approval of knee injections for the treatment of knee osteoarthritis are some of the factors that contribute to the increase in sale of hyaluronic acid injections. Furthermore, hyaluronic acid injections are quite effective in the treatment of knee osteoarthritis, while other treatments are contraindicated. This is likely to create lucrative opportunities for manufacturers to gain revenue benefits.

 

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Published in

Health , Health

Published on

Nov 07, 2022

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