Global Market Size of Osteoarthritis Therapeutics Market – 10 Year Market Forecast

Pharmaceuticals

Osteoarthritis Therapeutics Market Size Forecast 2022-2029

Osteoarthritis is the biochemical changes within a joint that causes the gradual erosion of the protective cartilage at the ends of the bone causing pain in the hands, neck, lower back, knees or hips. Physiotherapy and medications help reduce pain and discomfort. Significant shares of the market should be represented by Europe thereby making it the largest revenue-generating segment dominating the market by the end of the forecast period. Exhibiting a CAGR of 7%, the osteoarthritis therapeutics market is estimated to reach USD 10.62 billion in 2022 and is projected to grow up to USD 17.01 billion by 2029. The cumulative market size should approximately be valued at USD 110 billion.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• Global Market Database studies the ongoing trends of the market to procure market forecast factors for osteoarthritis therapeutics market.
• What is osteoarthritis?

• Osteoarthritis is the most common form of arthritis occurring when flexible tissue at the ends of bones wears down causing damage in the joints.
• Osteoarthritis affects which body parts?

• Osteoarthritis affects knees, hips, hands and small joints such as foot, ankle and wrists.
• What types of drugs are used in osteoarthritis therapeutics?

• Viscosupplementation agents, nonsteroidal anti-inflammatory drugs, analgesics and corticosteroids are used in osteoarthritis therapeutics.
• Which drug type will have the largest market shares?

• The drug type, viscosupplementation agents will have the largest market segments.

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