Bursitis Treatment Market - Industry Trends andt

Bursitis Treatment Market - Industry Trends and Forecast to 2026 with key market like Vesalius Medical Technologies, Endo Pharmaceuticals Inc, Teva Pharmaceutical Industries Ltd, Pfizer Inc, Mylan N.V., Hikma Pharmaceuticals PLC.

Bursitis Treatment Market By Type (Anterior Achilles Tendon Bursitis, Posterior Achilles Tendon Bursitis, Hip Bursitis and Others), Treatment Type (Medication, Surgery, Physical Therapy), Drugs (Corticosteroids, Antibiotics, Nonsteroidal Anti-Inflammatory Drugs and Others), End- Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Drug Stores), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Bursitis Treatment Market

Global bursitis treatment market is rising gradually with a steady CAGR in the forecast period of 2021-2026. The report contains data of the base year 2018 and historic year 2017. Growing demand of disease specific treatment for bursitis and prevalent cases of family history of this condition are the key drivers for market growth.

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Market Definition: Global Bursitis Treatment Market

Bursitis is severe inflammation of a bursa. It causes tenderness, swelling and pain in the joints. Bursae is small jelly like sacs that are located throughout the body predominantly in around the shoulder, elbow, hip, knee, and heel is act as cushions to help reduce the friction. The patients with bursitis experienced dull pain, tenderness, and stiffness near the affected bursa.

 Market Drivers

Vulnerable aging population can enhance the market growth

Rise in prevalence of arthritis and sudden injuries can develop bursitis  can also act as a market driver

Accelerates demand of novel therapies is driving the growth of this market

Adoption of unhealthy lifestyles and vigorous aggressive exercise which involved overuse and repeated movements of body can cause bursitis is enhancing the market growth

Market Restraints

Effective treatment is unavailable and unaffordable which can hamper the market growth

Preference over non-conventional therapy over pharmacological therapies is restraint the market growth  

Lack of skilled expertise in some middle-income and low-income countries also acting as a challenging factor for the growth of this market

Segmentation: Global Bursitis Treatment Market

By Type

·       Anterior Achilles Tendon Bursitis

·       Posterior Achilles Tendon Bursitis

·       Hip Bursitis

·       Others

By Treatment Type

·       Medication

·       Surgery

·       Physical Therapy

By Drugs

·       Corticosteroids

·       Dexamethasone

·       Prednisone

·       Antibiotic

·       Flucloxacillin

·       Erythromycin

·       Clarithromycin

·       Nonsteroidal Anti-Inflammatory Drugs

·       Others

By End Users

·       Hospitals

·       Homecare

·       Specialty Clinics

·       Others

By Distribution Channel

·       Hospital Pharmacies

·       Retail Pharmacies

·       Online Pharmacies

·       Drug Stores

By Geography

·       North America

·       U.S.

·       Canada

·       Mexico

·       South America

·       Brazil

·       Rest of South America

·       Europe

·       Germany

·       France

·       United Kingdom

·       Italy

·       Spain

·       Russia

·       Turkey

·       Belgium

·       Netherlands

·       Switzerland

·       Rest of Europe

·       Asia-Pacific

·       Japan

·       China

·       South Korea

·       India

·       Australia

·       Singapore

·       Thailand

·       Malaysia

·       Indonesia

·       Philippines

·       Rest of Asia Pacific

·       Middle East & Africa

·       South Africa

·       Rest of Middle East & Africa

Key Developments in the Market:

In September 2017, Vesalius Medical Technologies received the U.S. patent for its Bursitis treatment device and method for the treatment of inflammation of a bursa in a patient's joint. It was filed in the September 2015. The U.S. grants of this patents enables the company to generates the revenue by out-licensed their products to other pharma companies.

Competitive Analysis:

Global bursitis treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global bursitis treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Players:

Few of the major competitors currently working in the global bursitis treatment market are Bone Therapeutics SA, Vesalius Medical Technologies, Endo Pharmaceuticals Inc, Teva Pharmaceutical Industries Ltd, Pfizer Inc, Mylan N.V., Hikma Pharmaceuticals PLC, Vintage Labs, Jubilant Life Sciences Ltd, Sun Pharmaceutical Industries Limited, Larken Laboratories, Inc, Lannett, WOCKHARDT, Fera Pharmaceuticals and others

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Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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