Pune, India -- (SBWIRE) -- 10/29/2018 -- The Global Primary Osteoarthritis Market is expected to grow at a CAGR of approximately 8.3% during the forecast period 2017-2023.

Market Scenario:

Arthritis refers to inflammation of the joint, accompanied by joint pain and stiffness. It may be acute or chronic. Obesity, infections, crystal deposition, joint injury, and old age are some of the common causes associated with arthritis. Osteoarthritis and rheumatoid arthritis are two common types of arthritis. Osteoarthritis is a chronic disease, which affects joints, including ligament, cartilage, joint lining, and underlying bones. This disease results in joint pain and stiffness due to the breakdown of cartilage. It is also known as Degenerative Joint Disease (DJD). Primary osteoarthritis and secondary osteoarthritis are the two major forms of osteoarthritis. Primary osteoarthritis results from abnormal stress on weight-bearing joints. This is prevalent mostly in the aging population.

Physical therapy, occupational therapy, chronic pain class, and braces are some of the therapies associated with osteoarthritis. Moreover, osteoarthritis treatment includes surgical procedures such as lubrication injections, cortisone shots, and joint replacement. Rising incidences of surgeries, increasing technological advancements, increasing number of pipeline drugs, and rising awareness about health care are some of the key factors driving the growth of the global osteoarthritis market. In addition, rising disposable income in developing countries is also fueling the growth of the global osteoarthritis market.

However, stringent regulatory policies and less adoption of osteoarthritis treatment are restraining the growth of the global osteoarthritis market. In addition, side effects associated with osteoarthritis medications are also impeding the growth of this market.

Get Premium Sample Copy @ https://www.marketresearchfuture.com/sample_request/5380

Top Key Players:

Abbott Laboratories (U.S.), Johnson & Johnson Limited (U.S.), Novartis AG (Switerzland), Pfizer, Inc. (U.S.), and Eli Lilly and Company (U.S.), Abiogen Pharma (Italy), Ampio pharmaceuticals (U.S.), BioDelivery Sciences International (U.S.), CrystalGenomics (South Korea), Daiichi Sankyo (Japan), Eli Lilly (U.S.), Horizon Pharma (Republic of Ireland), Iroko Pharmaceuticals (U.S.), Merck & Co. Ltd (U.S.), Nuvo Research (U.S.), Regeneus (Australia), Sanofi (France), SantoSolve (U.S.), Smith & Nephew (UK), Winston Pharmaceuticals (India).

Segmentation:

The primary osteoarthritis is segmented on the basis of type, diagnosis, treatment, and end-users.

On the basis of the type, the market is segmented into knee osteoarthritis, hand osteoarthritis, neck osteoarthritis, hip osteoarthritis, wrist osteoarthritis, spinal osteoarthritis, shoulder osteoarthritis, and others

On the basis of the product diagnosis, the market is segmented into imaging, joint fluid analysis, and others. The imaging is further classified into divided X-rays, Magnetic resonance imaging (MRI), and others.

On the basis of the treatment, the market is segmented into medication, therapies, surgery, and others. The medication can be classified into analgesics and non-steroidal anti-inflammatory drugs. The analgesics is further classified as acetaminophen, duloxetine, and others. The non-steroidal anti-inflammatory drugs can be further classified into aspirin, ibuprofen, naproxen sodium/ naproxen, and others.

On the basis of the end-user, the market is segmented into hospitals & clinics, medical institutes, research organization, and others.

Regional Analysis:

The global primary osteoarthritis market consists of regions namely the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas dominate the global primary osteoarthritis market owing to the increasing cases of arthritis in the U.S. and Canada and play a significant role in driving the global primary osteoarthritis market. The U.S. has a substantial lead in the number of osteoarthritis clinical trials globally, followed by Germany and the U.K. Currently, there are two therapies that has been filed for approval with the FDA. The European primary osteoarthritis market is growing at a steady pace and is anticipated to compete with the American market.

Asia Pacific is expected to be the fastest growing region in the primary osteoarthritis market during the forecasted period 2017-2023. In developing countries from Asia Pacific and the Middle East and Africa, the awareness related to age-specific diseases such as osteoarthritis and osteoporosis is increasing rapidly. For instance, in July 2017, Kolon Pharmaceutical got the approval for the World's first cell and gene therapy for knee osteoarthritis in Korea.

Browse Complete Reports @ https://www.marketresearchfuture.com/reports/primary-osteoarthritis-market-5380

TABLE OF CONTENT

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Route of Administration Trends & Assessment

Chapter 5. Market Factor Analysis

…Continued!