Knee Hyaluronic Acid Injections Market: Research and development activities play a crucial role in the growth of the market

The knee hyaluronic acid injections market is expected to observe considerable growth across the forecast period of 2020-2030. The heightening prevalence of osteoarthritis among a substantial chunk of the populace may prove to be a vital growth factor for the knee hyaluronic acid injections market. The market is anticipated to boom due to the aging population and the introduction of technologically advanced products. The shift in preference to minimally invasive procedures and rapid results is expected to drive the market for hyaluronic acid in the coming years.         

Hyaluronan injections are used for various joint disorders, including osteoarthritis and during certain eye surgeries including cataract removal, corneal transplantation, and repair of a detached retina and other eye injuries.

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Future Market Insights (FMI) projects that the global knee hyaluronic acid injections market will grow in value at a CAGR of 4.6% between 2020 and 2030. Some of the key takeaways from the report include:

• The global knee hyaluronic acid injections market is projected to surge past valuation of US$ 2,897 Mn by the end of 2030
• By product, three-injection viscosupplementation is expected to hold the majority of market share, accounting for over 50% of market value
• Based on end-use, ambulatory surgical centers and orthopedic clinics are forecasted to cumulatively account for more than 3/5th of the total share
• By region, North America is anticipated to prevail as the largest regional market, accounting for more than 2/5th of global value
• Europe is poised to remain the second most lucrative region, holding more than 1/5th of the market share

Knee Hyaluronic Acid Injections Market: Growth Dampeners

The side-effects associated with knee hyaluronic acid medication may prove to be a major growth obstacle. Even if it is an effective option for osteoarthritis patients, knee hyaluronic acid has a variety of side-effects like heat, redness, rashes, bruising, itching, injection-site pain, and others. These are not long-lasting effects but can prove to be a painful experience for the patients. Hence, this factor may hinder the growth of the knee hyaluronic acid injections market to a certain extent.

In addition, the relief level after the medication of knee hyaluronic acid injections varies from person to person. If it works well for one then it cannot work the same for another patient. Hence, this aspect may further dampen the growth prospects across the knee hyaluronic acid injections market.

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Key Segments

Product:

• Single Injection
• Three Injection
• Five Injection
• Next Generation (Steroid Combination)

End-user:

• Hospitals
• Ambulatory Surgical Centers
• Orthopedic Clinics
• Retail Pharmacies
• Online Sales

Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa

Key Countries Covered

Seikagaku Corporation (Zimmer Biomet Inc.), Sanofi S. A., Fidia, Farmaceutici S.p.A., Anika Therapeutics Inc. (DePuy Synthes Inc.), Institut, and Biochimique SA (Bioventis LLC) among others.

To Know More About Knee Hyaluronic Acid Injections Market

A new market research report published by Future Market Insights (FMI) on the global knee hyaluronic acid injections market offers an executive-level blueprint of the market. It offers insights into demand trends and provides an analysis of opportunities over the forecast period, 2020-2030. The report examines the market through four different segments – product, indication, end-use, and region. The report also provides an extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply and product adoption across several end-use industries.

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About Future Market Insights

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centres in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.