Joint Pain Injections Market Analysis

  • Report ID: 6758
  • Published Date: Nov 29, 2024
  • Report Format: PDF, PPT

Joint Pain Injections Market Analysis

Product (Corticosteroid Injections, Hyaluronic Acid Injections, Platelet Rich Plasma Injections, Others)

Based on product, hyaluronic acid injections segment is set to account for joint pain injections market share of more than 68.9% by the end of 2037. This is majorly due to their effectiveness in providing long-term relief in the knee joint. In January 2018, OrthogenRx, Inc. launched TriVisc (sodium hyaluronate) treating osteoarthritic (OA) knee pain for people who fail to receive adequate relief from painkillers and physical therapies. Increasing regulatory approvals from governments of various regions, growing awareness of its benefits among the patients, and a shift towards viscosupplementation over corticosteroids due to fewer side effects further boost their demand.

Joint Type (Knee, Hip, Hand & Wrist, Others)

Based on joint type, the knee segment is anticipated to register steady growth during the forecast period in the joint pain injections market. The segment is driven by a high prevalence of osteoarthritis, increased physical activity levels, and rising obesity rates. In September 2024, Sun Pharma and Moebius Medical Limited received U.S. FDA Fast Track designation (FTD) approval for MM-II for treating osteoarthritis knee pain. Data from a randomized, controlled, Phase 2b study showcased that a single intra-articular injection of 3mL offered better pain relief in comparison to a placebo for up to 26 weeks. Advancements in injection therapies, including hyaluronic acid and platelet-rich plasma, provide targeted relief, driving their adoption for knee treatments.

Our in-depth analysis of the global market includes the following segments:

Product

  • Corticosteroid Injections
  • Hyaluronic Acid Injections
  • Platelet Rich Plasma Injections
  • Others

Joint Type

  • Knee
  • Hip
  • Hand & Wrist
  • Others

Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 6758
  • Published Date: Nov 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the joint pain injections market was over USD 6.0 billion.

The market size for the joint pain injections market is projected to reach USD 20.3 billion by the end of 2037 expanding at a CAGR of 10.7% during the forecast period i.e., between 2025-2037.

The major players in the market are Anika Therapeutics, Inc., Zimmer Biomet, Pacira BioSciences, Inc., Teva Pharmaceutical Industries Ltd., and others.

In terms of product segment, the hyaluronic acid segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 46.3% by the end of 2037 and provide more business opportunities in the future.
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