Global Osteoarthritic Pain Management – Industry Trends and Forecast to 2025

Osteoarthritis is a type of joint disorder that attacks the cartilage in between the bones and makes the joints swell up, red in color and making difficult for the joints to move properly. The usual symptoms of it are swelling, decrease in range of motion, and immobility in arms and legs specially when the spine is affected with osteoarthritis. All of the usual daily activities are affected.

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Global Osteoarthritic Pain Management:

Osteoarthritis is a type of joint disorder that attacks the cartilage in between the bones and makes the joints swell up, red in color and making difficult for the joints to move properly. The usual symptoms of it are swelling, decrease in range of motion, and immobility in arms and legs specially when the spine is affected with osteoarthritis. All of the usual daily activities are affected.

Market Drivers:

  • The government awareness programs about the disease has been considered a major factor in the improvement of the treatment market for Osteoarthritis
  • Increased knowledge and awareness amongst the people is causing the demand for the treatment to soar high, in turn increasing the growth of the industry

Market Restraints:

  • Due to no permanent treatment available in the market, the industry is set to experience a restrictive market growth
  • Medicines or treatments are only available as of yet, to make the symptoms manageable and not the complete solution for the disease.

Developments in the Market:

  • In September 2016, Pfizer Inc. captured the Medivation Inc. that is focused on the development of innovative therapies to the diseases that have only limited treatment options available in the market.
  • In December 2016, Pfizer also acquired the commercialization and development rights from AstraZeneca regarding the late-stage small molecule business, which will help in the regeneration of cartilage found ruptured or disrupted in Osteoarthritis

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Competitive Analysis:

Global Osteoarthritic Pain Management Treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Osteoarthritic Pain Management Treatment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors:

Pfizer Inc., AstraZeneca, Medivation Inc., Eli Lilly and Company, Abiogen Pharma S.p.A., Merck Sharp & Dohme Corp., Novartis AG, GlaxoSmithKline plc., Zimmer Biomet, Abbott Laboratories, Johnson & Johnson Services, Kolon TissueGene Inc., Ampio Pharmaceuticals Inc., Regeneron Pharmaceuticals Inc., Boehringer Ingelheim International GmbH, Abbott, AbbVie Inc.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Technological Writers, and Investors among others.

Supply Side: Product Managers, Marketing Managers, Distributors, Market Intelligence committees, Regulatory Authorities, Medical Institutes.

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Posted by on Wednesday December 12 2018, 3:03 PM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release, Healthcare. Comments and Trackbacks closed. Follow responses: RSS 2.0

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