The Asia Pacific Viscosupplementation Market would witness market growth of 8.8% CAGR during the forecast period (2023-2030).
Osteoarthritis pain is frequently treated with topical, oral, and parenteral analgesics. The use of pain drugs for the illness is widespread due to their simplicity of administration and accessibility, even though alternatives like orthopedic braces are employed as part of a noninvasive approach to pain management.
Many different types of painkillers are used, including oral analgesics like acetaminophen and non-steroidal anti-inflammatory drugs (NSAIDs), including ibuprofen, naproxen, tramadol, opiates, and duloxetine; topical agents such as capsaicin and NSAIDs; intra-articular agents such as corticosteroids and hyaluronic acid, and nutraceuticals including glucosamine and chondroitin.
Increased prevalence of osteoarthritis, improvements in drug development R&D, increased funding from private and public organizations for the development of the healthcare sector and research centres, and increased demand for cell-based research activities are the main factors driving the growth of the osteoarthritis sector.
According to International Trade Administration, one in four Singaporeans will be older than 65 by 2030. To prepare for population aging, Singapore is pursuing a national strategy. The Action Plan for Successful Aging from the Ministerial Committee on Ageing includes a wide range of programs, including Seniors' Health Programs, Dementia Friendly Communities, Intergenerational Harmony, and Active Aging. The goal is to make it possible for its citizens to age well, live longer and in better health, take advantage of opportunities for lifelong learning, and actively participate in and engage with their community. Therefore, the region presents lucrative growth prospects for the market throughout the forecast period.
The China market dominated the Asia Pacific Viscosupplementation Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $830.5 million by 2030. The Japan market is registering a CAGR of 8.1% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 9.4% during (2023 - 2030).
Based on Application, the market is segmented into Knee Osteoarthritis, Hand Osteoarthritis, Hip Osteoarthritis, and Others. Based on Product, the market is segmented into Three Injection, Single Injection, and Five Injection. Based on End-use, the market is segmented into Hospitals, and Orthopedic Clinics/ASCs. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Viscosupplementation Market is Projected to reach USD 8.2 Billion by 2030, at a CAGR of 8.6%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include DePuy Synthes (Johnson & Johnson), Sanofi S.A., Zimmer Biomet Holdings, Inc., Ferring Holdings SA, F. Hoffmann-La Roche Ltd., LG Chem Ltd. (LG Corporation), Anika Therapeutics, Inc., Fidia Farmaceutici S.p.A. (P&R Farmaceutici S.p.A), Smith & Nephew PLC and Seikagaku Corp.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Knee Osteoarthritis
- Hand Osteoarthritis
- Hip Osteoarthritis
- Others
By Product
- Three Injection
- Single Injection
- Five Injection
By End-use
- Hospitals
- Orthopedic Clinics/ASCs
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- DePuy Synthes (Johnson & Johnson)
- Sanofi S.A.
- Zimmer Biomet Holdings, Inc.
- Ferring Holdings SA
- F.Hoffmann-La Roche Ltd.
- LG Chem Ltd. (LG Corporation)
- Anika Therapeutics, Inc.
- Fidia Farmaceutici S.p.A. (P&R Farmaceutici S.p.A)
- Smith & Nephew PLC
- Seikagaku Corp.
TABLE 1 Asia Pacific Viscosupplementation Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Viscosupplementation Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Viscosupplementation Market by Application, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Viscosupplementation Market by Application, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Knee Osteoarthritis Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Knee Osteoarthritis Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Hand Osteoarthritis Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Hand Osteoarthritis Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Hip Osteoarthritis Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Hip Osteoarthritis Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Viscosupplementation Market by Product, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Viscosupplementation Market by Product, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Three Injection Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Three Injection Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Single Injection Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Single Injection Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Five Injection Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Five Injection Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Viscosupplementation Market by End-use, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Viscosupplementation Market by End-use, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Hospitals Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Orthopedic Clinics/ASCs Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Orthopedic Clinics/ASCs Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Viscosupplementation Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Viscosupplementation Market by Country, 2023 - 2030, USD Million
TABLE 29 China Viscosupplementation Market, 2019 - 2022, USD Million
TABLE 30 China Viscosupplementation Market, 2023 - 2030, USD Million
TABLE 31 China Viscosupplementation Market by Application, 2019 - 2022, USD Million
TABLE 32 China Viscosupplementation Market by Application, 2023 - 2030, USD Million
TABLE 33 China Viscosupplementation Market by Product, 2019 - 2022, USD Million
TABLE 34 China Viscosupplementation Market by Product, 2023 - 2030, USD Million
TABLE 35 China Viscosupplementation Market by End-use, 2019 - 2022, USD Million
TABLE 36 China Viscosupplementation Market by End-use, 2023 - 2030, USD Million
TABLE 37 Japan Viscosupplementation Market, 2019 - 2022, USD Million
TABLE 38 Japan Viscosupplementation Market, 2023 - 2030, USD Million
TABLE 39 Japan Viscosupplementation Market by Application, 2019 - 2022, USD Million
TABLE 40 Japan Viscosupplementation Market by Application, 2023 - 2030, USD Million
TABLE 41 Japan Viscosupplementation Market by Product, 2019 - 2022, USD Million
TABLE 42 Japan Viscosupplementation Market by Product, 2023 - 2030, USD Million
TABLE 43 Japan Viscosupplementation Market by End-use, 2019 - 2022, USD Million
TABLE 44 Japan Viscosupplementation Market by End-use, 2023 - 2030, USD Million
TABLE 45 India Viscosupplementation Market, 2019 - 2022, USD Million
TABLE 46 India Viscosupplementation Market, 2023 - 2030, USD Million
TABLE 47 India Viscosupplementation Market by Application, 2019 - 2022, USD Million
TABLE 48 India Viscosupplementation Market by Application, 2023 - 2030, USD Million
TABLE 49 India Viscosupplementation Market by Product, 2019 - 2022, USD Million
TABLE 50 India Viscosupplementation Market by Product, 2023 - 2030, USD Million
TABLE 51 India Viscosupplementation Market by End-use, 2019 - 2022, USD Million
TABLE 52 India Viscosupplementation Market by End-use, 2023 - 2030, USD Million
TABLE 53 South Korea Viscosupplementation Market, 2019 - 2022, USD Million
TABLE 54 South Korea Viscosupplementation Market, 2023 - 2030, USD Million
TABLE 55 South Korea Viscosupplementation Market by Application, 2019 - 2022, USD Million
TABLE 56 South Korea Viscosupplementation Market by Application, 2023 - 2030, USD Million
TABLE 57 South Korea Viscosupplementation Market by Product, 2019 - 2022, USD Million
TABLE 58 South Korea Viscosupplementation Market by Product, 2023 - 2030, USD Million
TABLE 59 South Korea Viscosupplementation Market by End-use, 2019 - 2022, USD Million
TABLE 60 South Korea Viscosupplementation Market by End-use, 2023 - 2030, USD Million
TABLE 61 Singapore Viscosupplementation Market, 2019 - 2022, USD Million
TABLE 62 Singapore Viscosupplementation Market, 2023 - 2030, USD Million
TABLE 63 Singapore Viscosupplementation Market by Application, 2019 - 2022, USD Million
TABLE 64 Singapore Viscosupplementation Market by Application, 2023 - 2030, USD Million
TABLE 65 Singapore Viscosupplementation Market by Product, 2019 - 2022, USD Million
TABLE 66 Singapore Viscosupplementation Market by Product, 2023 - 2030, USD Million
TABLE 67 Singapore Viscosupplementation Market by End-use, 2019 - 2022, USD Million
TABLE 68 Singapore Viscosupplementation Market by End-use, 2023 - 2030, USD Million
TABLE 69 Malaysia Viscosupplementation Market, 2019 - 2022, USD Million
TABLE 70 Malaysia Viscosupplementation Market, 2023 - 2030, USD Million
TABLE 71 Malaysia Viscosupplementation Market by Application, 2019 - 2022, USD Million
TABLE 72 Malaysia Viscosupplementation Market by Application, 2023 - 2030, USD Million
TABLE 73 Malaysia Viscosupplementation Market by Product, 2019 - 2022, USD Million
TABLE 74 Malaysia Viscosupplementation Market by Product, 2023 - 2030, USD Million
TABLE 75 Malaysia Viscosupplementation Market by End-use, 2019 - 2022, USD Million
TABLE 76 Malaysia Viscosupplementation Market by End-use, 2023 - 2030, USD Million
TABLE 77 Rest of Asia Pacific Viscosupplementation Market, 2019 - 2022, USD Million
TABLE 78 Rest of Asia Pacific Viscosupplementation Market, 2023 - 2030, USD Million
TABLE 79 Rest of Asia Pacific Viscosupplementation Market by Application, 2019 - 2022, USD Million
TABLE 80 Rest of Asia Pacific Viscosupplementation Market by Application, 2023 - 2030, USD Million
TABLE 81 Rest of Asia Pacific Viscosupplementation Market by Product, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Viscosupplementation Market by Product, 2023 - 2030, USD Million
TABLE 83 Rest of Asia Pacific Viscosupplementation Market by End-use, 2019 - 2022, USD Million
TABLE 84 Rest of Asia Pacific Viscosupplementation Market by End-use, 2023 - 2030, USD Million
TABLE 85 Key Information – DePuy Synthes
TABLE 86 Key Information – Sanofi S.A.
TABLE 87 key Information – Zimmer Biomet Holdings, Inc.
TABLE 88 key information – Ferring Holdings SA
TABLE 89 Key Information – F. Hoffmann-La Roche Ltd.
TABLE 90 key information – LG Chem Ltd.
TABLE 91 Key Information – Anika Therapeutics, Inc.
TABLE 92 Key Information – Fidia Farmaceutici S.p.A.
TABLE 93 key Information – Smith & Nephew PLC
TABLE 94 Key Information – Seikagaku Corp.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Viscosupplementation Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Viscosupplementation Market
FIG 4 Porter’s Five Force Analysis: Viscosupplementation Market
FIG 5 Asia Pacific Viscosupplementation Market share by Application, 2022
FIG 6 Asia Pacific Viscosupplementation Market share by Application, 2030
FIG 7 Asia Pacific Viscosupplementation Market by Application, 2019 - 2030, USD Million
FIG 8 Asia Pacific Viscosupplementation Market share by Product, 2022
FIG 9 Asia Pacific Viscosupplementation Market share by Product, 2030
FIG 10 Asia Pacific Viscosupplementation Market by Product, 2019 - 2030, USD Million
FIG 11 Asia Pacific Viscosupplementation Market share by End-use, 2022
FIG 12 Asia Pacific Viscosupplementation Market share by End-use, 2030
FIG 13 Asia Pacific Viscosupplementation Market by End-use, 2019 - 2030, USD Million
FIG 14 Asia Pacific Viscosupplementation Market share by Country, 2022
FIG 15 Asia Pacific Viscosupplementation Market share by Country, 2030
FIG 16 Asia Pacific Viscosupplementation Market by Country, 2019 - 2030, USD Million
FIG 17 Swot Analysis: DePuy Synthes
FIG 18 Swot Analysis: Sanofi S.A.
FIG 19 Swot Analysis: Zimmer Biomet Holdings, Inc.
FIG 20 Swot Analysis: Ferring Holdings SA
FIG 21 Swot Analysis: F. Hoffmann-La Roche Ltd.
FIG 22 Swot Analysis: LG Chem Ltd.
FIG 23 Swot Analysis: ANIKA THERAPEUTICS, INC.
FIG 24 Swot Analysis: FIDIA FARMACEUTICI S.P.A.
FIG 25 SWOT Analysis: Smith & Nephew PLC
FIG 26 Swot Analysis: SEIKAGAKU CORP.