The Osgood-schlatter market players and analysis by diagnosis, treatment, end user - forecast till 2030. The symptoms of Osgood-Schlatter disease (OSD), an inflammation of the knee and the area around it, include a painful bump immediately below the knee that gets worse with exercise. OSD is largely a disorder that affects growing teenagers, particularly those going through growth spurts. OSD is widespread in those who engage in sports and other physical activities, especially those that require high levels of intensity, such running or leaping. In most cases, OSD gets better with time, especially with relaxation. OSD is more prevalent in males between the ages of 10 and 15 and affects 4% of persons at least once throughout their lifetime. There are around five times as many men as women. Knee pain, swelling, tenderness, an increase in temperature beneath the knee, among other symptoms, are all signs of OSD. In severe circumstances, OSD may lead to a fracture.
The growth of the adult and young populations, increased awareness and screening, the development of healthcare and orthopaedic centres, the rise of sports culture, the expanding influence of sports media, the growth of physiotherapy and advancements in drugs and surgery, the development of extreme sports like mountaineering and rock climbing, etc. are the market drivers for the global Osgood-Schlatter market. The problems of treatment, such as pain, bleeding, the high expense of treatment, competition from alternative treatments, and the self-correcting nature of the condition, among other things, are market restrictions.
Market development represents the best strategy for the market growth. The market is expected to witness exponential growth over the review period owing to minimal invasive surgical procedures for the treatment of fractures associated with OSD.
The ideal approach for controlling the market is product development because the current drug treatment is expensive and full of negative effects. In developing nations like Africa and the Asia-Pacific, the price of the goods will be crucial. The biggest unmet need in the market is the rising demand for better, less invasive surgical techniques.
Global Osgood-Schlatter Market Players
Some of the key players profiled in the report are DJO Global, Inc., Teva Pharmaceutical Industries Ltd., Breg, Inc., Bayer HealthCare Pharmaceuticals LLC, Ossur HF, Daiichi Sankyo Company, Limited, Pfizer, Inc., Novartis AG, and others.
Segmentation
The global Osgood-Schlatter market has been segmented on the basis of diagnosis, treatment and end user.
Based on the diagnosis, the market has been segmented as physical examination, ultrasonography, X-ray, combination and other.
Based on the treatment, the market has been segmented as non-steroidal anti-inflammatory drugs, physical therapy, knee braces and supports, surgery and others.
Based on the end user, the market has been segmented as hospitals clinics, academic and research, and others.
Regional Analysis
The Americas accounts for a significant market share due to high expenditure on the health care and the large sports culture of the US. Additionally, the fastest uptake of new healthcare products in the US drives the Osgood-Schlatter market. Furthermore, concentration of the major healthcare companies and hospitals in the developed countries of this region coupled with large insurance penetration is adding fuel to the market growth. Moreover, the US expend high amount on its healthcare, which accounts for 16% of total GDP, which also increases the sale in Osgood-Schlatter market.
Europe is the second largest market in the world due to high income, strong healthcare penetration and rising popularity of sports such as soccer. The European market growth is led by countries such as Germany and France. The UK is expected to be the fastest growing market over the assessment period. The strong pharmaceutical industry in Germany is a strong driver behind the dominance of this country in Europe.
The large sporting culture and popularity of sports and media influence in the developed regions is expected to drive the future market. The development of extreme sports in the developed regions such as rock climbing, free running etc. is expected to develop the market in these regions.
Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to fast growing healthcare sector and large unmet needs over the forecast period. South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of healthcare insurance in the Asia Pacific region is expected to drive the future Osgood-Schlatter market in the region.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt and Iran. The African region is expected to witness a moderate growth owing to poor economic and political conditions, and poor healthcare development.
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