The Viscosupplementation Global Market Report 2023, provides comprehensive information on the viscosupplementation market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global viscosupplementation market size is expected to grow from $3.37 billion in 2022 to $3.73 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global viscosupplementation market size is expected to reach $5.36 billion in 2027 at a CAGR of 9.5%.
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Technological advancements are the key trends gaining popularity in the viscosupplementation market. Companies operating in the viscosupplementation market are adopting new technologies to sustain their position in the market. In August 2021, Seikagaku Corporation, a Japanese pharmaceutical company, introduced HyLink®, a novel viscosupplement administered via intra-articular single injection, aimed at addressing knee osteoarthritis. HyLink® is being integrated with cross-linking technology. This cross-linking technology is used to make the cross-linked hyaluronate hydrogel that remains for a long time in the joint cavity and is the main ingredient in HyLink®, which makes it a long-lasting treatment.
The viscosupplementation market is segmented:
1) By Type: Single Injection Viscosupplementation, Three Injection Viscosupplementation, Five Injection Viscosupplementation
2) By Source: Avian Origin, Non-Avian Origin
3) By Hyaluronic Acids: Standard Hyaluronic Acid, Stabilized Hyaluronic Acid
4) By Application: Knee Osteoarthritis, Hip Osteoarthritis, Hand Osteoarthritis
5) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users
North America was the largest region in the viscosupplementation market in 2022.
The table of contents in TBRC’s viscosupplementation market report includes:
1. Executive Summary
2. Viscosupplementation Market Characteristics
3. Viscosupplementation Market Trends And Strategies
4. Viscosupplementation Market – Macro Economic Scenario
5. Viscosupplementation Market Size And Growth
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26. Africa Viscosupplementation Market
27. Viscosupplementation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Viscosupplementation Market
29. Viscosupplementation Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Seikagaku Corporation
- Anika Therapeutics Inc
- Bioventus LLC
- Sanofi S.A
- Zimmer Biomet
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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