South Korea Osteoarthritis Injectables Market Size & Outlook
South Korea osteoarthritis injectables market, 2018-2030 (US$M)
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South Korea osteoarthritis injectables market highlights
- The South Korea osteoarthritis injectables market generated a revenue of USD 151.9 million in 2023 and is expected to reach USD 255.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, hyaluronic acid injections was the largest revenue generating injection type in 2023.
- Hyaluronic Acid Injections is the most lucrative injection type segment registering the fastest growth during the forecast period.
Osteoarthritis injectables market data book summary
| Market revenue in 2023 | USD 151.9 million |
| Market revenue in 2030 | USD 255.6 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Hyaluronic acid injections |
| Fastest growing segment | Hyaluronic Acid Injections |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Corticosteroid Injections, Hyaluronic Acid Injections, Platelet-rich Plasma (PRP) Injections, Placental Tissue Matrix (PTM) Injections, Acetylsalicylic Acid (ASA) Injections |
| Key market players worldwide | Anika Therapeutics Inc, Bioventus Inc Class A, Ferring, Sanofi SA, Zimmer Biomet Holdings Inc, Arthrex, Pacira BioSciences Inc, Royal Biologics, Teva Pharmaceutical Industries Ltd |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.1% of the global osteoarthritis injectables market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China osteoarthritis injectables market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 477.2 million by 2030.
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Osteoarthritis Injectables Market Scope
Osteoarthritis Injectables Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea osteoarthritis injectables market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to osteoarthritis injectables market will help companies and investors design strategic landscapes.
Hyaluronic acid injections was the largest segment with a revenue share of 38.71% in 2023. Horizon Databook has segmented the South Korea osteoarthritis injectables market based on corticosteroid injections, hyaluronic acid injections, platelet-rich plasma (prp) injections, placental tissue matrix (ptm) injections, acetylsalicylic acid (asa) injections covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea osteoarthritis injectables market , including forecasts for subscribers. This country databook contains high-level insights into South Korea osteoarthritis injectables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea osteoarthritis injectables market size, by injection type, 2018-2030 (US$M)
South Korea Osteoarthritis Injectables Market Outlook Share, 2023 & 2030 (US$M)
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