Tendonitis Treatment Market

Tendonitis Treatment Market Outlook (2022 to 2032)

Newly-released Tendonitis Treatment Market analysis report by Future Market Insights shows that global sales of the Tendonitis Treatment Market in 2021 were held at USD 193.7 billion. With a CAGR of 4.1%, the projected market growth during 2022 to 2032 is expected to be significantly higher than the historical. Tendonitis Therapy is expected to be the highest revenue-generating segment expected to grow at a CAGR of 4.3% from 2022 to 2032.

Attribute	Details
Global Tendonitis Treatment Market (2022)	USD 201.8 billion
Global Tendonitis Treatment Market (2032)	USD 301.8 billion
Global Tendonitis Treatment Market CAGR (2022 to 2032)	4.1%
The USA Tendonitis Treatment Market CAGR (2022 to 2032)	4.4%
Key Companies Profiled	Merck and Co., Inc.; Bayer AG; AstraZeneca; Boehringer Ingelheim Pharmaceuticals; Abbott; Pfizer; GlaxoSmithKline PLC; Almatica Pharma, Inc.; Teva Pharmaceuticals Industries

Revenue of Tendonitis Treatment Market from 2017 to 2021 Compared to Demand Outlook for 2022 to 2032

As per the Tendonitis Treatment Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Tendonitis Treatment Market increased at around 3.8% CAGR.

Following the COVID-19 epidemic, the medical community altered existing treatment for tendonitis. Athletic injury-related costs and general companies fell due to lockdowns, severe travel restrictions, and a high infection load in medical care.

The 2020 coronavirus outbreak kept the treatment of tendonitis by doctors to a minimum, as fewer people could undergo the treatment. The popularity of day-to-day sports activities declined, and injuries in Achilles tendons did not increase as fast as expected. As a result, the tendonitis market faced less demand for treatment.

The market's growth may be boosted in the years ahead owing to increased acceptance of continual technological innovation, as more Americans suffer from geriatric diseases and people’s growing participation in sports. However, insufficient knowledge of this illness and rising treatment choices may have a negative effect on the market. Owing to these factors, Tendonitis Treatment Market is projected to grow at a CAGR of 4.1% over the coming 10 years.

What are the key drivers of the Global Tendonitis Treatment Market?

The leading cause of soft tissue injuries worldwide and a major impact-rendering driver for the market is the rising incidence of sports-related injuries as a result of the rapid increase in sports activities. Furthermore, increasing career opportunities and a growing desire for fitness have increased the number of people who choose sports as a career or a hobby. As a result, their chances of getting hurt are expected to rise.

Furthermore, as various treatment options such as physical therapy, over-the-counter pain relievers, and various surgical procedures have become more widely available, the number of people seeking treatment has increased, assisting market growth. Physical therapy has emerged as the first-line treatment for tendonitis, as eccentric strengthening has been shown to be an effective treatment for a variety of chronic tendon conditions.

Clinical grafts currently used in tendon treatment have a number of limitations, and there is a high demand for alternative engineered tissue. As a result, innovative strategies such as tendon replacement and regeneration are in high demand to maintain market growth.

Region-wise Insights

Which Region is projected to Offer the Largest Opportunity for Tendonitis Treatment Market?

North America accounts for the highest expected market share during the forecast period. Because of the presence of major players and higher spending on healthcare advancements in the region, the market in North America is expected to dominate the global market.

People in North America are becoming more aware of the disease than in other parts of the world. North America is expected to dominate the global market due to well-established healthcare facilities and a growing geriatric population, as well as an increase in the number of orthopedic procedures.

Furthermore, the aging population pool, as well as improvements in healthcare and medical infrastructure, are expected to aid Asia Pacific's remarkable growth in the near future. Due to an increase in the number of tendonitis surgeries performed in the region, as well as rising disposable income.

The market in the region has significant growth opportunities due to the increasing penetration of local medical device manufacturers and a growing population suffering from tendonitis. Furthermore, ongoing research in this field, increasing products in the pipeline for tendonitis treatment, particularly in China and Japan, as well as an increasing number of sports-related injuries, are further driving the market.

Country-wise Analysis

The USA Tendonitis Treatment Market Analysis

The United States is expected to account for the highest market of USD 36.8 billion by the end of 2032. This is attributable to a significant increase in research & development activities. Furthermore, advances in the healthcare industry have resulted in the development of new technologies and equipment, which is expected to boost the market in the United States even further.

Furthermore, the presence of well-known corporations, as well as early access to new and developing technology, is projected to aid the United States in maintaining its global market supremacy in the next years.

China Tendonitis Treatment Market Analysis

China will dominate the Asia Pacific market from 2022 to 2032, with a CAGR of 4.8%, approaching a market revenue of USD 95.6 million by 2032. During the forecast period, the market is expected to witness an absolute dollar opportunity of USD 36 million.

Japan Tendonitis Treatment Market Analysis

The market in Japan on other hand is expected to register a CAGR of 3.8% approaching the market revenue of USD 30.2 million by 2032. Because of the developing healthcare infrastructure and the adoption of advanced technologies, the region is expected to account for lucrative market growth. Furthermore, rising disposable income and improved access to organized healthcare in developing countries like India and China are expected to boost the regional market over the forecast period.

Category-wise Insights

What are the Treatment Type insights about Tendonitis Treatment Market?

The therapy treatment segment dominated the market in 2021, accounting for the most revenue with a 3.9% CAGR. It is due to the patients' growing preference for non-invasive therapies over surgical procedures for tendonitis treatment.

Physical therapy had the largest market share in the therapy segment, owing to the fact that it is the first line of treatment. In addition, other types of therapy, such as hot and cold therapy and shockwave therapy, have seen significant increases in demand in recent years.

Surgery is considered the last resort for tendonitis treatment when severe damage to tendons cannot be treated with pharmacological treatments. During the first 48 hours after an injury, however, cold therapy, including cold compresses, is usually effective. Tendonitis treatment options vary depending on the type of indication. Achilles tendonitis is the most common type of tendonitis, and the Achilles tendon is the largest tendon in the human body.

What is the Condition Insight for Tendonitis Treatment Market?

On basis of condition, because of the rising prevalence of Achilles tendonitis among athletes and sports players, the Achilles tendonitis segment dominated the market in 2021. Achilles tendonitis can be treated with both conservative and surgical procedures, depending on whether the condition is acute or chronic.

The surgical treatment procedure is highly recommended by specialists in the case of individuals who have a full rupture. During the forecast period, the rising prevalence of tendonitis due to an increase in sports and occupational work injuries is expected to generate significant sales opportunities in the global market. Golfer's elbow, tennis elbow, jumper's knee, pitcher's elbow, Achilles tendonitis, and swimmer's shoulder are some of the health issues for which tendonitis treatment is used.

Competitive Analysis

The market for tendonitis treatment is being driven by a large number of well-established and small domestic and international players. To expand their product portfolio and reach, the majority of companies are forming multiple partnerships, mergers, and acquisitions.

Merck and Co Inc, AstraZeneca, Boehringer Ingelheim Pharmaceuticals, Abbott, and Pfizer are some of the most well-known companies in the tendonitis treatment market. Major market players use a variety of methods to preserve their dominance, including high Research and Development (R&D) activity, global expansion strategies, broad product offers, and frequent introduction of advanced versions of existing items.

Some of the recent developments of key Tendonitis Treatment providers are as follows:

• In July 2021, InGeneron, Inc., a clinical-stage regenerative medicine and cell therapy organization, released the first-in-human comprehensive immunohistochemically assessment of adult soft tissue repairs following local injection of fresh, undeveloped, unmodified, autologous, adipose-derived regenerative cells.
• In Dec 2021, Delsson, a Singapore-based engineering firm, collaborated with 3D printing experts from Nanyang Technological University (NTU) to develop the X-Brace, which is nearly 30% lighter than traditional exoskeleton knee braces.
• In March 2019, Stryker bought OrthoSpace Ltd. to grow its sports medicine and therapy business.

Similarly, the team at Future Market Insights has tracked recent developments related to companies offering Tendonitis Treatment, which is available in the full report.

Market Segments Covered in Tendonitis Treatment Market Analysis

By Treatment Type:

• Therapy
  • Hot and Cold Therapy
  • Physical Therapy
  • Shockwave Therapy
• Surgery

By Condition:

• Tennis Elbow
• Golfer’s Elbow
• Pitcher’s Elbow
• Jumper’s Knee
• Swimmer’s Shoulder
• Achilles Tendonitis

By Region:

• North America
• Latin America
• Europe
• APAC
• Middle East and Africa (MEA)

Frequently Asked Questions

How much is the current worth of the Tendonitis Treatment Market?

The global market is worth more than USD 193.7 billion at present.

What is the sales forecast for Tendonitis Treatment Market?

The value of the market is projected to increase at a CAGR of around 4.1% from 2022 to 2032.

What was the last 5 year’s market CAGR?

The value of the Tendonitis Treatment Market increased at a CAGR of around 3.8% from 2017 to 2021.

What are the significant factors responsible for driving the growth of the Tendonitis Treatment Market?

Increased incidence of tendonitis due to an aging population, demands preventive care, increasing awareness, increasing healthcare expenditure, quick treatments, sports, and occupational work injuries as well as sudden injuries caused by physical exercise and trauma are all driving the tendonitis treatment market forward.

At what percentage is sales of the Tendonitis Treatment Market going to register growth in China?

The market in China is projected to expand at a CAGR of around 4.8% from 2022 to 2032.

What do statistics for South Korea and Japan reveal?

While the market in South Korea is expected to grow at nearly 3.5%, the market in Japan is projected to register a CAGR of nearly 3.8% from 2022 to 2032.