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by Metcarl · December 28, 2018
Transparency Market Research (TMR) has published a new report titled, 鈥淥steoarthritis Drugs Market – Global Industry Analysis, Size Black Dre'Mont Jones Jersey , Share, Growth, Trends, and Forecast, 2018鈥?026鈥? According to the report, the global osteoarthritis drugs market was valued at US$ 5 Black Drew Lock Jersey ,621.3 Mn in 2017. The market is anticipated to expand at a CAGR of 7.9% from 2018 to 2026 and reach US$ 11,226.1 Mn by the end of the forecast period. Rise in old age patients, upcoming novel treatments, and high unmet medical needs are expected to augment the global market from 2018 to 2026. The global osteoarthritis drugs market is projected to expand owing to higher investments by companies, urge for better treatments, and developing healthcare infrastructure in various economies.
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The global osteoarthritis drugs market has been segmented based on drug class Black Dalton Risner Jersey , route of administration, and distribution channel. In terms of drug class, the global market has been classified into corticosteroids, NSAIDs & others, and viscosupplementation agents. The viscosupplementation agents segment dominates the global osteoarthritis drugs market, in terms of value Black Noah Fant Jersey , owing to its high cost. This segment is also expected to expand at a significant CAGR owing to its effectiveness in the treatment of knee osteoarthritis, increasing acceptance of viscosupplementation for the treatment of chronic pain associated with osteoarthritis, and long duration of pain relief provided by the treatment. Based on route of administration, the global osteoarthritis drugs market has been divided into oral, parenteral, and topical. The parenteral segment held a major share of the market in 2017. It is expected to maintain its leading position Black Royce Freeman Jersey , in terms of market share, during the forecast period.
In terms of distribution channel, the global osteoarthritis drugs market has been segregated into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment held a major share of the market in 2017, followed by retail pharmacies. The hospital pharmacies s