MRO Magazine

Global Viscosupplementation Market Growth of 6% CAGR by 2021 – Analysis, Technologies & Forecasts Report 2016-2022 – Key Vendors: Amino, BASF, DSM – Research and Markets


May 31, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Viscosupplementation Global Analysis & Market Insights, Opportunity, Analysis, Market Shares And Forecast 2016 – 2022” report to their offering.

Viscosupplementation is the latest treatment which is being rapidly adapted these days for the treatment of osteoarthritis. It is a method of injecting hyaluronic acid in stiff joints specially knees. Due to the global adoption, the Viscosupplementation market is expected to hit $1756 million during 2015-2021 growing at an impressive CAGR of 6% during the forecast period. The main reason behind a solid growth of Viscosupplementation market on the global level is the rapid rise in the elderly population suffering from osteoarthritis. This elderly population is expected to increase in future due to advancement in the healthcare facilities which would ultimately require Disco supplementation for patients suffering from osteoarthritis during the forecast period.

Further, Intra-articular Viscosupplementation with hyaluronic acid (HA) is gaining a good acceptance as a therapeutic alternative to knee replacement surgery in OA in the past decade. North America is expected to be the largest market for Viscosupplementation during the forecast period in which the US being the major contributor to the global market for Viscosupplementation. On the flip side, APAC is seeing good growth in demand for Viscosupplementation fluids due to rising cases of osteoarthritis in countries such as India and China. However, the growing concern of physicians who updated American Academy of Orthopedic Surgeons (AAOS) and Osteoarthritis Research Society International (OARSI) treatment guidelines for knee OA will affect in rising insurance denials for Viscosupplementation.

Companies Mentioned:

  • Ab Enzymes
  • Ajinomoto Company Incorporation
  • Amano Enzyme Inc
  • Amino
  • Archer Daniels Midland Company
  • Basf Se
  • Cargill Incorporation.
  • CHR
  • DSM
  • Du Pont Danisco A/S
  • Evonik Industries Ag
  • Fuso Chemical
  • Hoffmann-La Roche
  • Novozymes A/S
  • The DOW Chemical Company

Report Structure:

1. Introduction

2. Market Overview

3. Market Determinants

4. Sector Analysis

5. Market Segmentation

6. Geographic Analysis

7 Company Profiles

For more information visit http://www.researchandmarkets.com/research/kdzmrv/viscosupplementati

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Orthopedic Devices