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Abbvie, and Anika Therapeutics are Key Players in the Global Joint Pain Injections Market

04-26-2024 09:06 AM CET | Health & Medicine

Press release from: Allied Market Research

Abbvie, and Anika Therapeutics are Key Players in the Global

A new business intelligence report released by Allied Market Research, the global Joint Pain Injections Market size garnered $6.3 billion in 2021, and is estimated to generate $13.2 billion by 2031, manifesting a CAGR of 7.7% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/A31459

The research thoroughly dissects the global joint pain injections market, segmenting it based on Type, Joint Injection Type, Distribution Channel, and region. It delves into each segment and its sub-categories with comprehensive tables and figures, aiding market players and investors in devising strategic plans aligned with revenue generation and growth trends highlighted in the report.

In 2031, the interleukin inhibitors segment dominated the market, capturing over half of the global joint pain injections market share by injection type. Nonetheless, the hyaluronic acid injections segment is forecasted to exhibit the highest Compound Annual Growth Rate (CAGR) of 14.7% from 2022 to 2031.

Regarding joint types, the Knee and Ankle segment led in 2021, contributing nearly two-fifths of the market share and is anticipated to maintain its lead in revenue throughout the forecast period. Conversely, the hip joint segment is poised to experience the highest CAGR of 8.8% from 2022 to 2031.

In terms of distribution channels, drug stores and retail pharmacies claimed the largest share in 2021, holding over half of the global market, and are anticipated to sustain their dominance. However, the online providers segment is expected to witness the highest CAGR of 10.3% during the forecast period.

Regionally, North America seized the largest market share in 2021, accounting for over two-fifths of the global market and is projected to uphold its dominance in revenue until 2031. Furthermore, the Asia-Pacific region is anticipated to demonstrate the fastest CAGR of 9.5% during the forecast period. The research also scrutinizes Europe and LAMEA regions.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-for-customization/A31459

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐…๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the joint pain injections market analysis from 2021 to 2031 to identify the prevailing joint pain injections market opportunity.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the joint pain injections market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global joint pain injections market trends, key players, market segments, application areas, and market growth strategies.

๐Š๐„๐˜ ๐…๐ˆ๐๐ƒ๐ˆ๐๐†๐’ ๐Ž๐… ๐“๐‡๐„ ๐’๐“๐”๐ƒ๐˜

By injection type, the others segment was the highest contributor to the market in 2021 and the hyaluronic acid injections segment is expected to grow at the fastest CAGR during the forecast period.
By joint type, the knee and ankle joint segment was the highest contributor to the market in 2021, and the hip joint segment is expected to grow at the fastest rate during the forecast period.
Depending on distribution channel, the drug store and retail pharmacies segment was highest contributor in 2021 and the online providers segment is expected to grow at the fastest CAGR during the forecast period.
Region wise, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž- https://www.alliedmarketresearch.com/joint-pain-injections-market-A31459

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domain.

We have professional corporate relations with various companies and this helps us dig out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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