Market revenue in 2023 | USD 4,818.6 million |
Market revenue in 2030 | USD 9,143.7 million |
Growth rate | 9.6% (CAGR from 2023 to 2030) |
Largest segment | Single injection |
Fastest growing segment | Single Injection |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Single Injection, Three Injection, Five Injection |
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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 viscosupplementation market will help companies and investors design strategic landscapes.
Single injection was the largest segment with a revenue share of 43.04% in 2023. Horizon Databook has segmented the Global viscosupplementation market based on single injection, three injection, five injection covering the revenue growth of each sub-segment from 2018 to 2030.
The product pipelines recent research and development advancements are anticipated to propel the market growth over the forecast period. An example is the completion of clinical trials by Bone Therapeutics S.A. in April 2018 for their intra-articular injection, JTA-004, specifically designed for knee osteoarthritis.
Furthermore, the market is witnessing new products that offer more effective results. Anika Therapeutics, Inc., for instance, showcased their innovative hyaluronic acid-based scaffold called Hyalofast for cartilage repair at the International Cartilage Regeneration and Joint Preservation Society (ICRS) in June 2019. These advancements in R&D and the introduction of novel products contribute to expanding the viscosupplementation market.
Horizon Databook provides a detailed overview of global-level data and insights on the Global viscosupplementation market , including forecasts for subscribers. This global databook contains high-level insights into Global viscosupplementation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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