Musculoskeletal System Disorders Market Analysis 2020 Global Trends, Size, Opportunities, Sales Revenue, Emerging Technologies and Growth Analysis By 2025
The Global Musculoskeletal System
Disorders Market is projected to register a CAGR of 5.3% to
reach an estimated USD 5.73 billion by 2025. The growth of
global musculoskeletal system disorders market is driven by various factors
such as an increasing global geriatric population, rising prevalence, and
improper posture, and poor fitness levels. However, the high costs of surgery
are expected to curb the growth of the global musculoskeletal system
disorders market.
The rising number of cases of work-related
musculoskeletal system disorders in developing nations and an increase in the
geriatric population in developed nations are driving the growth of the market.
Musculoskeletal System Disorders Market Key Players:
Some of the key players in the global musculoskeletal system disorders market are
- AB
Science (France)
- AbGenomics
International Inc. (US)
- Alder
BioPharmaceuticals,Inc. (US)
- Amgen
Inc. (US)
- Lexicon
Pharmaceuticals, Inc. (US)
- LG
Chem (South Korea)
- OrthoTrophix,
Inc. (US)
- Tarsa
Therapeutics, Inc. (US)
- PhytoHealth
Corporation (Taiwan)
- Eisai
Co., Ltd (Japan)
- Astellas
Pharma Inc. (Japan)
- AstraZeneca
(UK)
- Baxter
(US)
- GlaxoSmithKline
PLC (UK).
Musculoskeletal System
Disorders Market Regional Analysis
Americas: The largest regional market.
- North
America: The North American market for musculoskeletal system disorders is
growing due to an increased prevalence and a growth in healthcare spending
in the region.
- US:
About 126.6 million Americans are affected by musculoskeletal disorders
and the average cost of treatment for these disorders in the country is
USD 332 billion per year. The prevalence of these disorders has increased,
and the US government is actively seeking to reduce the financial strain
of managing and treating this disorder. Moreover, the prevalence of
arthritis in the country is expected to reach 67 million and affect about
25% of the adult population by 2030. The country is also leading the
innovation and treatment of musculoskeletal system disorders. These
factors are expected to boost the growth of the market in the coming
years.
- Latin
America: Steady investments in healthcare infrastructure and improvements
in diagnostic abilities are expected to fuel the growth of the market in
this region.
Europe: A growing geriatric population and an
increase in work-related musculoskeletal system disorder cases are expected to
ensure the growth of the market in Europe. The EU has set up numerous occupational
safety and health directives to help combat musculoskeletal system disorders.
- UK:
Approximately 9.6 million adults and over 12,000 children in the UK suffer
from one of the 200 musculoskeletal system disorders, according to the
National Health Service. With over 1 in 4 Britishers afflicted with
musculoskeletal system disorders, the country-level market is slated to
grow due to increased government spending and support.
- Germany:
There is an increase in the incidence rate of musculoskeletal system disorders
among Germany’s young workforce with the greatest number of working days
lost were due to these disorders. Moreover, a rise in the number of
age-related musculoskeletal system disorder cases is driving the growth of
the market in Germany.
Asia-Pacific: The fastest-growing regional
market for musculoskeletal system disorders, Asia-Pacific has a growing
geriatric population and a very large population base.
- Japan:
Japan has the world’s largest geriatric population, by percentage, and the
government is focused on aiding in the management of disorders afflicting
the elderly. A large workforce is also contributing to the rise in
work-related musculoskeletal system disorder cases, thereby driving the
growth of the market.
- India:
The prevalence of rheumatoid arthritis, osteoarthritis, and osteoporosis
and high investments in healthcare with an increase in average healthcare
spending are driving the growth of the Indian musculoskeletal system
disorders market.
- Middle
East & Africa: Limited healthcare infrastructure and diagnostic
abilities are restricting the size of the musculoskeletal system disorders
market in the region. A low prevalence of geriatric individuals is also
restraining the market.
Browse Full Research Report
At: https://www.marketresearchfuture.com/reports/musculoskeletal-system-disorders-market-8232
Related News
About Market Research
Future:
At Market Research Future (MRFR), we enable our
customers to unravel the complexity of various industries through our Cooked
Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research &
Consulting Services.
Comments
Post a Comment