October 19, 2021
According to the recent research report titled ‘Global Tendinitis Treatment Market Size study, by Conditions (Achilles Tendinitis, Adductor Tendinitis, Biceps Tendinitis, Elbow Tendinitis, Rotator Cuff Tendinitis, Jumper's Knee, Trigger Finger), By Treatment (Diagnosis, Therapy, Surgery, Medical devices),End User (Hospitals & clinics, Medical research centers, Academic institutes, Others) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global tendinitis treatment market share is projected to grow substantially over 2021-2027.
Increasing cases of tendonitis, growing aging population, surging demand for preventive care, and mounting healthcare expenditure are fueling global tendinitis treatment market growth.
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For the uninitiated, tendon refers to a fibrous and dense tissue that joins the bone to the fleshy muscle and permits simultaneous movement of the bone and muscle, which helps with bending, walking, and rotating the muscles and bones.
Tendinitis or tendonitis is an irritation or inflammation of a tendon that induces pain or soreness outside or around the joint when moving the knees, elbows, shoulders, wrists, and heels. It could be caused by a sudden injury or activity that stresses the tendons.
Speaking of challenges, concerns over recurrence of injuries, ineffective and time-consuming therapies, and other side effects are restraining worldwide tendonitis treatment industry expansion.
Elaborating on geographical ambit, North America presently holds major portion of overall industry share, owing to an increase in government-funded research funding, strategic collaboration between pharmaceutical businesses, and rapid adoption of innovative treatment modalities.
Europe is also likely to emerge as a key revenue generator for global tendinitis treatment market, owing to the increased prevalence of tendonitis and sports injuries along with government recommendations for tendonitis treatment have enabled Europe to emerge as a lucrative avenue for market players.
Furthermore, Asia Pacific market is poised to amass modest revenue by the year 2027, creditable to booming elderly population requiring the treatment, and enhancing health infrastructure.
Major firms defining the competitive landscape of global tendinitis treatment market sphere are Mayo Clinic, Teva Pharmaceutical Industries Ltd., Almatica Pharma Inc., AstraZeneca plc, Boehringer Ingelheim International GmbH, GlaxoSmithKline plc, Abbott Laboratories, Pfizer Inc., Bayer AG, and Merck & Co. Inc.