Global Knee Hyaluronic Acid Injections Market Overview:
Knee Hyaluronic Acid Injections is used to treat knee pain caused by osteoarthritis in patients who were already treated with pain relievers and other treatments which did not work on pain. Osteoarthritis generally begins when cartilage breaks down in the knee and ultimately results in bone and joint damage. Which further creates pain even by simple movements like standing. The procedure of giving an injection is generally done under the guidance of a doctor and performed by an orthopedic physician. Sometimes, rheumatologists and primary care doctors also provide Knee Hyaluronic Acid Injections. This injection technique requires the high expertise of a trained medical professional. If by mistake the material is injected into any other area then the effectiveness and safety of the procedure will be reduced. With an increasing number of osteoarthritis patients, the demand for Knee Hyaluronic Acid Injections is increasing Some of the players profiled in the study are Allergan, Inc (Ireland), Galderma (Switzerland), Salix Pharmaceuticals (United States), Lifecore Biomedical (United States), Anika Therapeutics (United States), Sanofi (France), Shiseido (Japan), Smith and Nephew PLC. (United Kingdom), LG Life Sciences (South Korea), Maruha Nichiro Foods Inc. (Japan) and Fidia Pharma (Italy).
On the basis of geography, the market of Knee Hyaluronic Acid Injections has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Acid, the sub-segment i.e. Euflexxa will boost the Knee Hyaluronic Acid Injections market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Knee Hyaluronic Acid Injections market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Dosage, the sub-segment i.e. Single Shot will boost the Knee Hyaluronic Acid Injections market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Solution will boost the Knee Hyaluronic Acid Injections market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Number of Osteoarthritis (OA) Patients
- Increasing Age of Demographic in Developed Countries
- Ineffectiveness of Traditional Non-Surgical Treatments Boosting the Demand for Knee Hyaluronic Acid Injections
- Some Institutions Do Not Recommend Hyaluronic Injections Due to Lack of Evidence About Their Working
- Growing Research and Development in Measuring Effectiveness and New Technology in Knee Hyaluronic Acid Injections
- Increasing Spending on Healthcare Infrastructure by Nations
- Unclear Side-Effects of Knee Hyaluronic Acid Injections
- Availability of Substitute Treatments of Knee Hyaluronic Acid Injections
In April 2019, the FDA of the US granted Fidia Pharms an Italian pharmaceutical firm approval for its hyaluronic acid injection called Triluron. This injection is designed to treat knee pain due to osteoarthritis. The mixture is primarily made of highly purified sodium hyaluronate which is derived from rooster comb and administered as an injection. This treatment is a course of three injections per week.
The Knee Hyaluronic Acid Injections market faces the biggest challenge of lack of trust among its users. There is a need for R&D investment to fully understand the benefits and side effects of the injection. Market leaders in the market account for most of the share due to a strong distribution network and reputation. There are no major barriers to entry in this market but high expertise is needed to operate in this market. Approval from regional health institutions is also necessary.
Target Audience:Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Knee Hyaluronic Acid Injections Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Knee Hyaluronic Acid Injections market on the basis of product  , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Knee Hyaluronic Acid Injections market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Knee Hyaluronic Acid Injections industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Knee Hyaluronic Acid Injections market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.