Industry News

Fidia Farmaceutici S.p.A., a global leader in hyaluronan (HA)-based product discovery, production, and manufacturing, and its wholly owned subsidiary, FIDIA PHARMA USA Inc., are forecasting further growth in 2017. According to RnR Market Analysis, the global market for viscosupplementation is expected to grow to more than $2.64 billion by 2021. After growing its market share over the last few years, Fidia Farmaceutici S.p.A. now dominates the orthopaedic biomaterials market in Europe. HA viscosupplementation, which involves injecting lubricating fluid into a joint, is the main segment of the global biomaterials sector.

Overview:

global viscosupplementation market is expected to grow USD 3.80 billion at a CAGR of 9.37% from 2022 to 2030.

. As per viscosupplementation market analysts, the global market is anticipated to witness growth owing to the factors such as increasing incidence of knee osteoarthritis as well as integration of proprietary technology. However, this market will face challenges and restraints due to lack of efficiency to hamper the market and the lack of efficiency during the forecast period 2020 to 2027.

The rising cases of cardiovascular diseases in this market will support the growth. As per Viscosupplementation Cost analysts, the viscosupplementation market based companies will face certain challenges during the 2020 to 2027. The viscosupplementation market research report provides in-depth analysis of the hyaluronic acid type, procedure type, and application segments. The global viscosupplementation market research report presents factors such as the high prices associated with hyaluronic acid treatment that could slow down the viscosupplementation market’s growth.

Competitive Landscape

Viscosupplementation has seen tremendous growth, due to the rising cases of depression, obesity, and renal failure and the rise of hypertension, and gastrointestinal bleeding. However, safety of products and the safety concerns associated to the product would challenge the companies active in the viscosupplementation market. Furthermore, companies using growth strategies to stay ahead in the global market for viscosupplementation are expected to help the market during the forecast period 2018 to 2023. As the viscosupplementation market report suggests that this market will register a CAGR of 10.48% and reach a US$5,243.19 million by 2023, the market report highlights key areas viscosupplementation market-based companies need to focus on. The viscosupplementation market research report projects a long term growth till 2023. Based on viscosupplementation market’s analysis on the basis of SWOT and Porters’ Five Force Model, this market will rise during the forecast period 2020 to 2027, however the companies need to move ahead with caution. The viscosupplementation market research report highlights such key areas.

Market Segmentation

The market for viscosupplementation has been segmented into hyaluronic acid type, procedure type, and application. Based on the segment which is hyaluronic acid type, the market is categorized on the basis of single-injection procedure, three-injection procedure, and five-injection procedure. The global market for viscosupplementation is further segmented based on procedure type into standard hyaluronic acid and stabilized hyaluronic acid. Furthermore, the market, on the basis of application is segmented into knee arthritis and hip osteoarthritis. Based on the end-users, the market is segmented into ambulatory surgical centers, and hospitals clinics.

The viscosupplementation market Share report offers comprehensive study of market segments including hyaluronic acid type, procedure type, and application. The analysts have also studied the viscosupplementation market’s spread across the regional markets across many of the viscosupplementation market’s segments at country levels. The hyaluronic acid type, procedure type, and application segments spread across the viscosupplementation market along with the subsegments are studied. The global market for viscosupplementation is spread across various product and service based segments. The viscosupplementation market research report highlights these key segments and offers forecasts based on primary and secondary data. The global viscosupplementation market research report presents key company profiles of organizations active across the viscosupplementation market.

Regional Overview

Hyaluronic acid treatments are expected to hamper may hinder the market growth. The viscosupplementation market research report suggests that companies in this market could be supported by the growth in the demand for viscosupplement therapy as well as the on-going advancement during the forecast period. The market for viscosupplementation is set to register growth at a high CAGR owing to these key factors. This market is spread across North America, Europe, Asia-Pacific, and other parts of the world. As per viscosupplementation market analysts, this market is set to witness tremendous growth across hyaluronic acid type, procedure type, and application segments. The global viscosupplementation market’s North American region covers viscosupplementation markets across the United States, Mexico, Canada, and others. Businesses present in this market are also profiled and their strategies have been presented in detail in this market research report.

The viscosupplementation market across the European region covers Italy, France, Germany, and the United Kingdom. Furthermore, the viscosupplementation market research report provides details about the APAC region covering viscosupplementation markets from China, India, Australia, Japan, and others. The market for viscosupplementation is also active across several other parts of the world. The viscosupplementation market report covers all these key regions including the Middle East, Africa, Brazil, and others active in the global viscosupplementation market.