United States Osteoarthritis Market Research Report to 2032
ID: MRFR/Pharma/16454-HCR | 100 Pages | Author: MRFR Research Team| December 2023
There is a market for patient education and self-management tools. Sharing details about OA, how it gets worse, and how to alter one's way of life can assist individuals in taking charge of their condition and selecting appropriate treatments.
This market also includes the use of telemedicine and tracking from afar. Doctors can keep an eye on OA patients, give them exercise tips, and change their treatment plans using telemedicine tools that let them see patients from far away. As a result, care is easier to get and more constant.
A lot of people in the US want treatments for OA based on how much they cost and how well they work. To keep the systems that provide successful treatments for OA going, it is very important that OA medicines are as cost-effective as possible as healthcare changes.
Frequently Asked Questions (FAQ) :
The US Osteoarthritis Market is expected to be valued at 1.1 billion USD in 2024.
By 2035, the US Osteoarthritis Market is projected to reach a value of 2.9 billion USD.
The expected CAGR for the US Osteoarthritis Market during this period is 9.213%.
Hip Osteoarthritis is expected to dominate the market with a value of 1.5 billion USD by 2035.
In 2024, the market size for Spinal Osteoarthritis is expected to be 0.5 billion USD.
Key players include Teva Pharmaceutical Industries, Merck and Co., Takeda Pharmaceutical Company, and Bristol-Myers Squibb.
The market for Hip Osteoarthritis is projected to grow from 0.6 billion USD in 2024 to 1.5 billion USD by 2035.
Challenges include stringent regulatory requirements and high treatment costs affecting accessibility.
Opportunities include advancements in treatment methodologies and increasing awareness about osteoarthritis management.
Regional demand is influenced by factors like population aging and prevalence rates, particularly in urban areas.
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