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Osteoarthritis Market Size, Share, and Analysis, By Type (Hip Osteoarthritis, Knee Osteoarthritis, Foot & Ankle Osteoarthritis, Shoulder Osteoarthritis, Spinal Osteoarthritis), By Drug Type (Analgesics, Corticosteroids, Viscosupplementation agents, Nonsteroidal anti-inflammatory drugs {NSAIDS}), By Diagnosis (Imagining and Joint Fluid Analysis), By Route of Administration (Parenteral Route, Oral Route, Topical Route), By Treatment (Medication, Therapy, Surgery), By Distribution Channel (Hospitals Pharmacy, E-Commerce, Retail Pharmacy, Drug Store), By Purchasing Pattern (Prescription Drugs, Over-The-Counter Drugs) and Regional Forecasts, 2022-2032

March 2023 | 458 pages | ID: O4014487A053EN
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Osteoarthritis Market Size, Share, and Analysis, By Type (Hip Osteoarthritis, Knee Osteoarthritis, Foot & Ankle Osteoarthritis, Shoulder Osteoarthritis, Spinal Osteoarthritis), By Drug Type (Analgesics, Corticosteroids, Viscosupplementation agents, Nonsteroidal anti-inflammatory drugs {NSAIDS}), By Diagnosis (Imagining and Joint Fluid Analysis), By Route of Administration (Parenteral Route, Oral Route, Topical Route), By Treatment (Medication, Therapy, Surgery), By Distribution Channel (Hospitals Pharmacy, E-Commerce, Retail Pharmacy, Drug Store), By Purchasing Pattern (Prescription Drugs, Over-The-Counter Drugs) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW:

The global Osteoarthritis market size was USD 5.85 billion in 2021 and projected to grow from USD 6.9 billion in 2023 to USD 15 billion by 2032, exhibiting a CAGR of 9.0% during the forecast period

Osteoarthritis (OA) is a common condition which affects the shoulders, fingers, knees, feet, back, hips, and neck joints. The progressive deterioration of the joint cartilage is its characteristic. OA can be identified through X-ray, medical assessment, lab tests, arthroscopic, joint fluid analysis, and magnetic resonance imaging (MRI) scans. Several surgical methods & drugs are preferred to treat the indications and symptoms. Few symptoms of OA are stiffness, discomfort, oedema, lack of flexibility, chronic pain, bone spurs, and sleep disruptions. The poor dietary habits, sedentary lifestyle, increased obesity and blood sugar levels are a major reason for acquiring OA.

MARKET HIGHLIGHTS

Osteoarthritis Market is expected to project a CAGR of 9.0% during forecast period, 2022-2032

Osteoarthritis market is expected to reach USD 15 billion at a CAGR of 9.0% during forecast period owing to the increasing awareness about Osteoarthritis and the accessibility to advanced treatments are boosting the growth of osteoarthritis treatment. The increasing demand for minimal invasive non-surgical treatments assist in the growth of the osteoarthritis market.

OSTEOARTHRITIS MARKET SEGMENTATION:

Spinal Osteoarthritis segment is expected to dominate during the forecast period

Osteoarthritis Market is classified based on the Type into Hip Osteoarthritis, Knee Osteoarthritis, Foot & Ankle Osteoarthritis, Shoulder Osteoarthritis, Spinal Osteoarthritis. Spinal Osteoarthritis segment is expected to dominate market during the forecast period owing to the increasing acquirance of sedentary lifestyles, rising obesity rates which is expected to drive the spinal osteoarthritis market growth. The rising preference of minimal invasive procedures of surgery and the advancements of new treatments are aiding in the growth of the market.

Imagining segment is expected to dominate during the forecast period

MARKET DYNAMICS:

Growth Drivers
      • Growing Demand for Osteoarthritis Products is Expected to Drive Market Growth
      • Expansion of New Therapies is Expected to Boost the Market Growth
Restraint
  • Incidence of Cardiovascular Diseases May Restrain the Market Growth
OSTEOARTHRITIS MARKET:
  • Pfizer Inc
  • Abbott
  • Novartis AG
  • Eli Lilly and Company
  • Bayer AG
  • Johnson & Johnson
  • ABIOGEN PHARMA S.p.A
  • Merck Sharp & Dohme Corp.
  • Apotex Inc.
  • TissueGene Inc.
      • Ampio Pharmaceuticals Inc.
  • Mylan N.V.
  • Tolmar Pharmaceuticals, Inc.
  • Other Prominent Players
Regional Analysis

Osteoarthritis Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America region dominated the Osteoarthritis Market in 2021 and is also expected to dominate over the forecast period owing to the increasing awareness on osteoarthritis and the growing investments in research and development field by pharma companies which is assisting to the osteoarthritis market growth in this region. The acquisition of modern technologies of medicine and the presence of major market players are expected to drive the growth of the market. The pipeline development of OA market is strong with new developments which is further expected to boost the growth of the market.

Segmentation

Type
  • Hip Osteoarthritis
  • Knee Osteoarthritis
  • Foot & Ankle Osteoarthritis
  • Shoulder Osteoarthritis
  • Spinal Osteoarthritis
Drug Type
  • Analgesics
  • Corticosteroids
  • Viscosupplementation agents
  • Nonsteroidal anti-inflammatory drugs (NSAIDS)
Diagnosis
  • Imagining
  • Joint Fluid Analysis
Route of Administration Parenteral Route
  • Oral Route
  • Topical Route
Treatment
  • Medication
  • Therapy
  • Surgery
Distribution Channel
  • Hospitals Pharmacy
  • E-Commerce
  • Retail Pharmacy
  • Drug Store
Purchasing Pattern
  • Prescription Drugs
  • Over-The-Counter Drugs
Reasons to Purchase this Report.
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
          • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
      • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
1 EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2. Business Trends
1.3. Osteoarthritis Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2 RESEARCH METHODOLOGY

2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
  2.5.1. Paid Sources
  2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation

3 MARKET CHARACTERISTICS

3.1. Market Definition
3.2. Osteoarthritis Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data

4 OSTEOARTHRITIS MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability

5 MACROECONOMIC INDICATORS

6 RECENT DEVELOPMENTS

7 MARKET DYNAMICS

7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends

8 RISK ANALYSIS

9 MARKET ANALYSIS

9.1. Porters Five Forces
9.2. PEST Analysis
  9.2.1. Political
  9.2.2. Economic
  9.2.3. Social
  9.2.4. Technological

10 OSTEOARTHRITIS MARKET

10.1. Overview
10.2. Historical Analysis (2016-2020)
  10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

11 OSTEOARTHRITIS MARKET SIZE & FORECAST 2022A-2032F

11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
  11.3.1. By Type
    11.3.1.1. Hip Osteoarthritis
      11.3.1.1.1. By Value (USD Million) 2022-2032F
      11.3.1.1.2. Market Share (%) 2022-2032F
      11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.2. Knee Osteoarthritis
      11.3.1.2.1. By Value (USD Million) 2022-2032F
      11.3.1.2.2. Market Share (%) 2022-2032F
      11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.3. Foot & Ankle Osteoarthritis
      11.3.1.3.1. By Value (USD Million) 2022-2032F
      11.3.1.3.2. Market Share (%) 2022-2032F
      11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.4. Shoulder Osteoarthritis
      11.3.1.4.1. By Value (USD Million) 2022-2032F
      11.3.1.4.2. Market Share (%) 2022-2032F
      11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.5. Spinal Osteoarthritis
      11.3.1.5.1. By Value (USD Million) 2022-2032F
      11.3.1.5.2. Market Share (%) 2022-2032F
      11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
  11.3.2. By Drug Type
    11.3.2.1. Analgesics
      11.3.2.1.1. By Value (USD Million) 2022-2032F
      11.3.2.1.2. Market Share (%) 2022-2032F
      11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.2. Corticosteroids
      11.3.2.2.1. By Value (USD Million) 2022-2032F
      11.3.2.2.2. Market Share (%) 2022-2032F
      11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.3. Viscosupplementation agents
      11.3.2.3.1. By Value (USD Million) 2022-2032F
      11.3.2.3.2. Market Share (%) 2022-2032F
      11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.4. Nonsteroidal anti-inflammatory drugs {NSAIDS}
      11.3.2.4.1. By Value (USD Million) 2022-2032F
      11.3.2.4.2. Market Share (%) 2022-2032F
      11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
  11.3.3. By Diagnosis
    11.3.3.1. Imagining
      11.3.3.1.1. By Value (USD Million) 2022-2032F
      11.3.3.1.2. Market Share (%) 2022-2032F
      11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.2. Joint Fluid Analysis
      11.3.3.2.1. By Value (USD Million) 2022-2032F
      11.3.3.2.2. Market Share (%) 2022-2032F
      11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
  11.3.4. By Route of Administration
    11.3.4.1. Parenteral Route
      11.3.4.1.1. By Value (USD Million) 2022-2032F
      11.3.4.1.2. Market Share (%) 2022-2032F
      11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.4.2. Oral Route
      11.3.4.2.1. By Value (USD Million) 2022-2032F
      11.3.4.2.2. Market Share (%) 2022-2032F
      11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.4.3. Topical Route
      11.3.4.3.1. By Value (USD Million) 2022-2032F
      11.3.4.3.2. Market Share (%) 2022-2032F
      11.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
  11.3.5. By Treatment
    11.3.5.1. Medication
      11.3.5.1.1. By Value (USD Million) 2022-2032F
      11.3.5.1.2. Market Share (%) 2022-2032F
      11.3.5.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.5.2. Therapy
      11.3.5.2.1. By Value (USD Million) 2022-2032F
      11.3.5.2.2. Market Share (%) 2022-2032F
      11.3.5.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.5.3. Surgery
      11.3.5.3.1. By Value (USD Million) 2022-2032F
      11.3.5.3.2. Market Share (%) 2022-2032F
      11.3.5.3.3. Y-o-Y Growth (%) 2022-2032F
  11.3.6. By Distribution Channel
    11.3.6.1. Hospitals Pharmacy
      11.3.6.1.1. By Value (USD Million) 2022-2032F
      11.3.6.1.2. Market Share (%) 2022-2032F
      11.3.6.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.6.2. E-Commerce
      11.3.6.2.1. By Value (USD Million) 2022-2032F
      11.3.6.2.2. Market Share (%) 2022-2032F
      11.3.6.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.6.3. Retail Pharmacy
      11.3.6.3.1. By Value (USD Million) 2022-2032F
      11.3.6.3.2. Market Share (%) 2022-2032F
      11.3.6.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.6.4. Drug Store
      11.3.6.4.1. By Value (USD Million) 2022-2032F
      11.3.6.4.2. Market Share (%) 2022-2032F
      11.3.6.4.3. Y-o-Y Growth (%) 2022-2032F
  11.3.7. By Purchasing Pattern
    11.3.7.1. Prescription Drugs
      11.3.7.1.1. By Value (USD Million) 2022-2032F
      11.3.7.1.2. Market Share (%) 2022-2032F
      11.3.7.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.7.2. Over-The-Counter Drugs
      11.3.7.2.1. By Value (USD Million) 2022-2032F
      11.3.7.2.2. Market Share (%) 2022-2032F
      11.3.7.2.3. Y-o-Y Growth (%) 2022-2032F

12 NORTH AMERICA OSTEOARTHRITIS MARKET SIZE & FORECAST 2022A-2032F

12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1. By Type
  12.3.2. By Drug Type
  12.3.3. By Diagnosis
  12.3.4. By Route of Administration
  12.3.5. By Treatment
  12.3.6. By Distribution Channel
  12.3.7. By Purchasing Pattern
12.4. Country
  12.4.1. United States
  12.4.2. Canada

13 EUROPE OSTEOARTHRITIS MARKET SIZE & FORECAST 2022A-2032F

13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1. By Type
  13.3.2. By Drug Type
  13.3.3. By Diagnosis
  13.3.4. By Route of Administration
  13.3.5. By Treatment
  13.3.6. By Distribution Channel
  13.3.7. By Purchasing Pattern
13.4. Country
  13.4.1. Germany
  13.4.2. United Kingdom
  13.4.3. France
  13.4.4. Italy
  13.4.5. Spain
  13.4.6. Russia
  13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14 ASIA OSTEOARTHRITIS MARKET SIZE & FORECAST 2022A-2032F

14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
  14.3.1. By Type
  14.3.2. By Drug Type
  14.3.3. By Diagnosis
  14.3.4. By Route of Administration
  14.3.5. By Treatment
  14.3.6. By Distribution Channel
  14.3.7. By Purchasing Pattern
14.4. By Country
  14.4.1. India
  14.4.2. China
  14.4.3. South Korea
  14.4.4. Japan
  14.4.5. Rest of APAC

15 MIDDLE EAST AND AFRICA OSTEOARTHRITIS MARKET SIZE & FORECAST 2022A-2032F

15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1. By Type
  15.3.2. By Drug Type
  15.3.3. By Diagnosis
  15.3.4. By Route of Administration
  15.3.5. By Treatment
  15.3.6. By Distribution Channel
  15.3.7. By Purchasing Pattern
15.4. Country
  15.4.1. Israel
  15.4.2. GCC
  15.4.3. North Africa
  15.4.4. South Africa
  15.4.5. Rest of Middle East and Africa

16 LATIN AMERICA OSTEOARTHRITIS MARKET SIZE & FORECAST 2022A-2032F

16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
  16.3.1. By Type
  16.3.2. By Drug Type
  16.3.3. By Diagnosis
  16.3.4. By Route of Administration
  16.3.5. By Treatment
  16.3.6. By Distribution Channel
  16.3.7. By Purchasing Pattern
16.4. Country
  16.4.1. Mexico
  16.4.2. Brazil
  16.4.3. Rest of Latin America

17 COMPETITIVE LANDSCAPE

17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders

18 COMPANY PROFILES

18.1. Pfizer Inc
  18.1.1. Company Overview
  18.1.2. Financial Overview
  18.1.3. Key Product; Analysis
  18.1.4. Company Assessment
    18.1.4.1. Product Portfolio
    18.1.4.2. Key Clients
    18.1.4.3. Market Share
    18.1.4.4. Recent News & Development (Last 3 Yrs.)
    18.1.4.5. Executive Team
18.2. Abbott
18.3. Novartis AG
18.4. Eli Lilly and Company
18.5. Bayer AG
18.6. Johnson & Johnson
18.7. ABIOGEN PHARMA S.p.A
18.8. Merck Sharp & Dohme Corp.
18.9. Apotex Inc.
18.10. TissueGene Inc.
18.11. Ampio Pharmaceuticals Inc.
18.12. Mylan N.V.
18.13. Tolmar Pharmaceuticals, Inc.
18.14. Other Prominent Players

19 APPENDIX

20 CONSULTANT RECOMMENDATION


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