{"id":5085,"date":"2020-04-21T12:22:04","date_gmt":"2020-04-21T12:22:04","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2523345"},"modified":"2020-04-21T12:22:04","modified_gmt":"2020-04-21T12:22:04","slug":"global-osteoarthritis-market-to-exhibit-significant-increase-in-demand-with-extention-of-covid-19-crisis","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/21\/global-osteoarthritis-market-to-exhibit-significant-increase-in-demand-with-extention-of-covid-19-crisis\/","title":{"rendered":"Global Osteoarthritis Market to Exhibit Significant Increase in Demand With Extention of COVID-19 Crisis"},"content":{"rendered":"
\n
\n
\n
\n
\n
\n

Persistence Market Research (PMR) has published a new research report on the osteoarthritis treatment market titled “Osteoarthritis Treatment Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).”<\/strong> An alarming rise in the number of osteoarthritis cases is the result of a growing geriatric population worldwide.<\/p>\n

 <\/p>\n

\"osteoarthritis<\/p>\n

Request for a Sample Here @ https:\/\/www.persistencemarketresearch.com\/samples\/4458<\/a><\/strong><\/p>\n

 <\/p>\n

In order to cater to the needs of the rapidly increasing geriatric population as well as the female population – given that osteoarthritis prevails mostly among these groups – the manufacturers of osteoarthritis drugs are focusing on research and development to be able to develop better and reliable drugs.<\/p>\n

 <\/p>\n

As this disease is not treatable, the market is an ever growing one. In this run, the leading companies are also collaborating with other big companies in order to use their formulas and production equipment.<\/p>\n

 <\/p>\n

For instance, in September 2016, Pfizer Inc. completed the acquisition of Medivation, Inc., a biopharmaceutical company focused on the development and commercialization of medically innovative therapies to treat serious diseases that have limited treatment options.<\/p>\n

 <\/p>\n

Air Purifiers Witness High Demand during COVID-19 Crisis; Growing Awareness Regarding Air Purification to Drive Growth, Says PMR<\/a><\/strong><\/p>\n

 <\/p>\n

In this regard, the company also acquired the commercialization and development rights of the late stage small molecules anti-infective business, mainly outside the U.S. from AstraZeneca.<\/p>\n

 <\/p>\n

According to the report, the global osteoarthritis treatment market is expected to register a CAGR of 4.8% from 2017 to 2025<\/strong>. In 2017, the market was valued at US$ 7,969.7 Mn<\/strong> and is expected to rise to a valuation of US$ 11,618.6 Mn<\/strong> by the end of 2025.<\/p>\n

 <\/p>\n

Growing Geriatric Population and Rising Prevalence of Disease to Trigger Adoption<\/strong><\/p>\n

 <\/p>\n

The prevalence of osteoarthritis is increasing across the globe and it is the major cause of disability, especially among the ageing population.<\/p>\n

 <\/p>\n

Women are more likely to be affected than men and the prevalence rate progresses with age. Increasing awareness regarding the risk factors associated with osteoarthritis (such as obesity) among the general population due to government action plans to control the disease is expected to boost the growth of the osteoarthritis treatment market.<\/p>\n

 <\/p>\n

However, improvement in healthcare policies in various countries such as the U.S. has resulted in enhanced affordability for various diagnostic and treatment services, which in turn has increased the life expectancy of people. Other dynamics such as the availability of alternative medicines are expected to boost the growth of the market.<\/p>\n

 <\/p>\n

Request For Customization Here @ https:\/\/www.persistencemarketresearch.com\/request-customization\/4458<\/a><\/strong><\/p>\n

 <\/p>\n

Company Profiles<\/strong><\/p>\n