The Worldwide Tendinitis TreatmentMarket report explores competitive research Sources: National Center for Biotechnology Information, Arthritis Foundation, American Academy of Family Physicians, Directorate of Industries, Annual report, White paper, Company Presentation.
The Tendinitis Treatment Market Information, by condition (tennis elbow, golfer’s elbow, and others), by diagnosis (physical exam, imaging tests, and others), by treatment (medications, therapy, and others), by end user- global forecast till 2023
Market synopsis of global Tendinitis treatment market:
Tendinitis is irritation or inflammation of a tendon, a thick cord that attaches muscle to bone. Tendinitis is also called tendonitis. Tendinitis mainly caused due to sudden injury or activities that put stress on the tendons.
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Increasing cases of tendinitis, introduction of new treatments and therapies, increasing awareness, and increasing healthcare expenditure are major driving forces for the market. Up to 50% of all sports injury in the United States comprise overuse tendinitis of the hand and wrist.
Global tendinitis treatment market is expected to grow at the CAGR of ~3.8% during the forecast period and is estimated to reach USD 426.4 million by 2023.
Global tendinitis treatment market has been segmented on the basis of condition which comprises of tennis elbow, golfer’s elbow, pitcher’s shoulder, swimmer’s shoulder, jumper’s knee, and others.
On the basis of diagnosis, the market is segmented into physical exam, imaging tests, and others. Imaging test is sub-segmented into ultrasound, Magnetic Resonance Imaging (MRI) scans, and others.
On the basis of treatments, the market has been segmented into medications, therapy, surgical repair, and others. Medication sub-segmented into pain relievers, corticosteroids, Platelet-Rich Plasma (PRP), and others. Therapy is further sub-segmented into hot and cold therapy, physical therapy, occupational therapy, and others.
On the basis of end user, it is segmented into hospitals & clinics, medical research centers, academic institutes, and others.
Global Tendinitis Treatment Market Synopsis:
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US accounts for the maximum market share due to greater use of medications and greater expenditure on healthcare. The faster market uptake of new technology and devices in the US is also an important driver of the market for global Tendinitis Treatment. Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is expected to have the most future potential and it is estimated to be led by China and India. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The regions of Africa are expected to witness a moderate growth due to poor economic and political conditions and poor healthcare penetration.
Considering the global scenario of the market, America is the top contributor in this market. The Americas mainly includes North America and South America. Due to developed healthcare infrastructure and increasing R&D funding, US is dominating country in this region. Europe is second largest market for tendinitis treatment. Due to innovative product development and rapid adoption of new treatments, Germany is dominating this market. Asia Pacific is witnessing rapid growth in this market which is mainly due to rapidly changing healthcare sector, increasing awareness, and rising healthcare expenditure. Middle East and Africa is expected to have limited growth while Middle Eastern countries are expected to dominate this market during the forecast period.
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