Viscosupplementation Market Size by Product Type (Single Injection, Three Injections, Five Injections), Material Type (Hyaluronic Acid, Synthetic, Natural), Application (Osteoarthritis, Rheumatoid Arthritis), End-User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) & Region for 2024-2031
Report ID: 25768|No. of Pages: 202
Viscosupplementation Market Size by Product Type (Single Injection, Three Injections, Five Injections), Material Type (Hyaluronic Acid, Synthetic, Natural), Application (Osteoarthritis, Rheumatoid Arthritis), End-User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) & Region for 2024-2031
Viscosupplementation Market Valuation- 2024-2031
The Viscosupplementation Market is increasing due to the rising prevalence of osteoarthritis and other joint disorders. Innovations in hyaluronic acid-based products are driving demand, with healthcare providers increasingly adopting these treatments for pain relief and joint function improvement. This is likely to enable the market size to surpass USD 6.5 Billion valued in 2024 to reach a valuation of around USD 12.38 Billion by 2031.
Additionally, the market is seeing growth from the expanding aging population, which is driving the need for non-surgical options. Moreover, increasing awareness about viscosupplementation as a minimally invasive treatment is contributing to its popularity among patients seeking alternatives to traditional joint surgeries. The rising demand for viscosupplementation is enabling the market to grow at a CAGR of 9.24% from 2024 to 2031.
Definition/Overview
Viscosupplementation is a medical treatment involving hyaluronic acid injections into joints, increasing lubrication and cushioning. It is primarily used to manage pain and improve mobility in osteoarthritis patients.
Its use is focused on alleviating joint pain, particularly in the knee, by increasing synovial fluid. This non-surgical option is increasingly popular for managing moderate arthritis cases, driving adoption.
Future scope includes increasing advancements in hyaluronic acid formulations, driving better outcomes. The aging population and increasing demand for non-invasive treatments are contributing to the expanding market potential for viscosupplementation.
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How Is the Increasing Prevalence of Osteoarthritis Driving the Growth Of The Viscosupplementation Market?
The increasing prevalence of osteoarthritis significantly drives the growth of the Viscosupplementation market by creating a higher demand for effective pain management solutions. As more individuals seek relief from joint pain and improved mobility, healthcare providers increasingly adopt viscosupplementation treatments. These minimally invasive options offer a viable alternative to surgical interventions, appealing to patients looking for effective yet less invasive approaches. Consequently, this trend supports the expansion of the market overall.
How Does the High Cost of Viscosupplementation Treatments Challenge the Growth of The Market?
The high cost of Viscosupplementation treatments poses a significant challenge to market growth by limiting accessibility for many patients. Insurance coverage discrepancies further exacerbate this issue, as not all plans provide adequate reimbursement. Consequently, patients may opt for alternative, more affordable treatments, reducing demand for viscosupplementation. This financial barrier can hinder widespread adoption among healthcare providers, ultimately impacting the overall expansion and potential of the viscosupplementation market.
Category-wise Acumens
How Will the Increasing Effectiveness of Hyaluronic Acid in Pain Management Drive the Growth of The Hyaluronic Acid-Based Product Segment?
The increasing effectiveness of hyaluronic acid in pain management will drive the growth of the hyaluronic acid-based product segment in the Viscosupplementation Market. Its ability to improve joint lubrication and mobility, particularly in osteoarthritis patients, makes it a preferred treatment option. As more healthcare providers and patients recognize its benefits in offering long-lasting relief without surgery, demand for hyaluronic acid-based products will continue to expand, supporting this segment’s growth.
How Will the Growing Preference for Minimally Invasive Procedures Drive the Growth Of The Single Injection Segment?
The growing preference for minimally invasive procedures will drive the growth of the single injection segment in the Viscosupplementation Market. Single injections offer a simpler, less invasive option for osteoarthritis patients, reducing the number of hospital visits and overall discomfort. This convenience appeals to both patients and healthcare providers, enhancing its adoption. As the demand for efficient and patient-friendly treatments increases, the single injection segment is positioned for significant growth.
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Country/Region-wise Acumens
Will The High Prevalence of Osteoarthritis and Advanced Healthcare Infrastructure Drive the Dominance of North America in The Viscosupplementation Market?
The high prevalence of osteoarthritis and advanced healthcare infrastructure will drive the dominance of North America in the Viscosupplementation Market. With a significant aging population, the demand for effective pain management solutions is increasing. Moreover, the region’s robust healthcare system supports innovation and adoption of new treatments, allowing for better patient outcomes. The presence of leading manufacturers and strong research initiatives further enhances North America’s position as a key player in this market.
Will Rising Awareness of Osteoarthritis Treatments Drive the Rapid Growth of The Asia-Pacific Region in The Viscosupplementation Market?
Increasing healthcare expenditures and rising awareness of osteoarthritis treatments will drive the rapid growth of the Asia-Pacific region in the viscosupplementation market. As more individuals become aware of effective pain management options, demand for these therapies is expected to rise. Improved healthcare infrastructure facilitates access to innovative treatments, making them more widely available. Additionally, the growing aging population in this region further contributes to the increasing need for viscosupplementation solutions, supporting market expansion.
Competitive Landscape
The viscosupplementation market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.
Some of the prominent players operating in the viscosupplementation market include:
- Sanofi S.A.
- Anika Therapeutics, Inc.
- Seikagaku Corporation
- Zimmer Biomet Holdings Inc.
- Smith & Nephew PLC
- Ferring Pharmaceuticals B.V.
- Lifecore Biomedical
- Fidia Farmaceutici S.p.A.
- Bioventus LLC
- Johnson & Johnson Services, Inc.
Latest Developments
- In September 2024, Sanofi S.A. announced a licensing agreement with RadioMedix and Orano Med for a next-generation radioligand medicine aimed at treating rare cancers, showcasing its commitment to innovative cancer therapies.
- In March 2023, Seikagaku Corporation launched Hyalgan G-F 20 in Japan, a new formulation of hyaluronic acid designed for knee osteoarthritis, enhancing its product portfolio in the viscosupplementation market.
- In April 2023, Zimmer Biomet Holdings Inc. received FDA 510(k) clearance for their Persona Knee Hyaluronic Acid, which is intended to provide pain relief for patients suffering from knee osteoarthritis, reflecting their focus on advancing treatment options.
- In October 2023, Anika Therapeutics, Inc. reported positive results from a Phase 3 study of Qsymia, aimed at alleviating knee osteoarthritis pain, reinforcing its position in the development of effective non-surgical treatments for joint pain.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Growth Rate | CAGR of ~9.24% from 2024 to 2031 |
| Base Year of Valuation | 2024 |
| Historical Period | 2021-2023 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Players | Sanofi S.A., Anika Therapeutics, Inc., Seikagaku Corporation, Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Ferring Pharmaceuticals B.V., Lifecore Biomedical, Fidia Farmaceutici S.p.A., Bioventus LLC, Johnson & Johnson Services, Inc. |
| Customization | Report customization along with purchase available upon request |
Viscosupplementation Market, by Category
Product Type:
- Single Injection
- Three Injections
- Five Injections
Material Type:
- Hyaluronic Acid
- Synthetic
- Natural
Application:
- Osteoarthritis
- Rheumatoid Arthritis
- Others
End-User:
- Hospitals
- Ambulatory Surgical Centers
- Orthopedic Clinics
- Homecare Settings
Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Research Methodology of Verified Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL VISCOSUPPLEMENTATION MARKET
1.1 Introduction of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL VISCOSUPPLEMENTATION MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL VISCOSUPPLEMENTATION MARKET, BY TYPE
5.1 Overview
5.2 Single Injection Viscosupplementation
5.3 Three Injection Viscosupplementation
5.4 Five Injection Viscosupplementation
6 GLOBAL VISCOSUPPLEMENTATION MARKET, BY APPLICATION
6.1 Overview
6.2 Knee Osteoarthritis
6.3 Hip Osteoarthritis
6.4 Shoulder Osteoarthritis
7 GLOBAL VISCOSUPPLEMENTATION MARKET, BY END-USER
7.1 Overview
7.2 Hospitals
7.3 Orthopedic Clinics/ Ambulatory Surgical Centers
7.4 Retail Pharmacies
8 GLOBAL VISCOSUPPLEMENTATION MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 GLOBAL VISCOSUPPLEMENTATION MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 Sanofi
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Anika Therapeutics, Inc.
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Seikagaku Corp.
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Zimmer Biomet
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Smith & Nephew PLC
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Ferring Pharmaceuticals B.V.
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Lifecore Biomedical
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 LG Life Sciences Ltd.
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Fidia Farmaceutici S.p.A
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 F.Hoffmann-La Roche Ltd.
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
11.1 Related Research
Report Research Methodology
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Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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| Supplier side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
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The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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