New York, United States, June 28, 2023 (GLOBE NEWSWIRE) -- Tendonitis is an inflammation or irritation of the tendon, a flexible but inelastic tissue cord connecting bone to muscle. Tendonitis is acute. Tendonitis causes pain, limited mobility, and diminished muscle strength. Tendonitis causes tenderness, frozen shoulder, and edemas.
Tendonitis affects the knees, elbows, heels, shoulders, thumb bases, Achilles tendon, and wrists. Swimmer's shoulder, golfer's elbow, tennis elbow, and jumper's knee are frequent types of tendonitis. Tendonitis can be induced by exercise- or work-related injuries. Most at risk are older adults, especially athletes. Tendonitis must be treated appropriately to avoid tendon ruptures and progressive tendinosis. Untreated tendinitis can cause tendonitis.
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Competitors in Tendonitis Treatment Market
List of major competitor companies in the Tendonitis Treatment Market across the globe are:
- AstraZeneca
- AKSIGEN
- Boehringer Ingelheim Pharmaceuticals, Inc.
- Abbott
- Merck and Co., Inc.
- Pfizer
- 3M
- Bayer AG
- GlaxoSmithKline PLC
- Teikoku Pharma USA Inc.
- DJO Global Inc.
- Almatica Pharma, Inc.
- Teva Pharmaceuticals Industries
- Zimmer Biomet
Report Scope
| Report Metric | Details |
| Market Size by 2030 | USD 257.87 billion |
| Market Size in 2021 | USD 193.03 billion |
| CAGR | 3.27% |
| Historical Data | 2019-2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Treatment, Condition |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
| Key Companies Profiled/Vendors | AstraZeneca, AKSIGEN, Boehringer Ingelheim Pharmaceuticals, Inc., Abbott, Merck and Co., Inc., Pfizer, 3M, Bayer AG, GlaxoSmithKline PLC, Teikoku Pharma USA Inc., DJO Global Inc., Almatica Pharma, Inc., Teva Pharmaceuticals Industries, Zimmer Biomet |
| Key Market Opportunities | Diverse Sports Create New Opportunities |
| Key Market Drivers | Sports-Related Injuries Will Grow the Market As The Population Ages, Cases Rise |
Key Highlights
- The global tendonitis treatment market size was valued at USD 193.03 billion in 2021 and is predicted to reach at USD 257.87 billion by 2030, increasing at a CAGR of 3.27% from 2022 to 2030.
- By Treatment, the Global Tendonitis Treatment Market is segmented into Therapeutic treatment and surgical treatment. Therapeutic treatment dominated the market for tendinitis treatment.
- By Condition, the Global Tendonitis Treatment Market is segmented into Tennis Elbow, Golfer's Elbow, Pitcher's Elbow, Jumper's Knee, Swimmer's Shoulder, and Achilles tendonitis. Achilles tendonitis led the market.
- By Region, the Global Tendonitis Treatment Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Due to an increase in the number of tendonitis surgeries in the region and rising disposable income, Asia Pacific dominated the market for tendinitis therapy.
Sports-Related Injuries Will Grow the Market
Increased sports participation is a leading cause of soft tissue injuries globally and a major market driver. Work opportunities and a desire for fitness have led more people to choose sports as a job or hobby. It could hurt them. Achilles tendinopathy affects 40.0% to 50% of competitive runners, a study found.
Tendonitis is growing more common (5-10 instances per 100,000), which will boost tendonitis treatment sales. Physical therapy, over-the-counter pain medications, and surgical procedures have surged in popularity, fueling market development.
As The Population Ages, Cases Rise to Drive Market Growth
Tendonitis is an inflammation or infection of a thick fibrous cord connecting muscle and bone. This condition is more common in older populations. As the world's population ages, the tendonitis treatment market should expand.
Well-aligned connective tissue allows muscles to move bone. Average annual tendon injuries are 32 million. Tendinopathies account for 50% of all sports-related injuries due to an ageing population. This drives the global tendonitis treatment market.
Diverse Sports Create New Opportunities
The number of people participating in sports has increased, which aligns with the trend toward a healthy lifestyle. Despite this, more people are considering sports careers. These factors have increased the number of sports events held worldwide, which has increased the likelihood of athlete injuries. Businesses involved in the global tendonitis treatment market are expected to profit from this scenario. This will create market opportunities.
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Regional Overview
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa make up the global tendonitis treatment market.
Due to an increase in tendinitis surgeries and disposable income, Asia-Pacific dominated the tendonitis treatment market in 2021, accounting for 71% of the revenue. The region's tendonitis treatment market has great growth potential due to the increasing number of local medical device manufacturers and tendonitis sufferers. Other market drivers include ongoing research, an increase in tendonitis treatment drugs in China and Japan, and an increase in sports injuries.
Lain America is predicted to have the greatest CAGR, at 3.87 percent. Latin America's large number of medical facilities and hospitals that offer tendonitis patients surgical and therapeutic choices is a key element in the market's growth. Several highly regarded surgeons, physicians, and other medical experts from foreign nations have partnered with Latin American hospitals to establish revolutionary treatment methods.
In North America, huge players and increasing healthcare spending will fuel growth. The market will grow. North America has a more aware people than other places.
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Segmentation of Tendonitis Treatment Market
By Treatment
- Therapeutic Treatment
- Hot and Cold Therapy
- Physical Therapy
- Shockwave Therapy
- Surgical Treatment
By Condition
- Tennis Elbow
- Golfer's Elbow
- Pitcher's Elbow
- Jumper's Knee
- Swimmer's Shoulder
- Achilles Tendonitis
By Region
- North America
- Europe
- Asia Pacific (APAC)
- Latin America
- Middle East and Africa (MEA)
Table of Content
- Executive Summary
- Research Scope & Segmentation
- Research Objectives
- Market Definition
- Limitations & Assumptions
- Market Scope & Segmentation
- Currency & Pricing Considered
- Market Opportunity Assessment
- Emerging Regions / Countries
- Emerging Companies
- Emerging Applications / End Use
- Investment Landscape
- New Business Models / Revenue Streams
- TAM
- Market Trends
- Drivers
- Market Warning Factors
- Latest Macro Economic Indicators
- Geopolitical Impact
- Human Factors
- Technology Factors
- Market Assessment
- Porters Five Forces Analysis
- Value Chain Analysis
- Raw Material Analysis
- Sales And Distribution Channel Analysis
- Trade Analysis
- Average Pricing Analysis
- Patent Analysis
- M & A Agreements & Collaboration Analysis
- Export Import Analysis
- Cost Structure Analysis
- ESG TRENDS
- Global Tendonitis Treatment Market Size Analysis
- Global Tendonitis Treatment Market Introduction
- By Treatment
- Introduction
- Treatment By Value
- Therapeutic Treatment
- By Value
- Hot And Cold Therapy
- By Value
- Physical Therapy
- By Value
- Shockwave Therapy
- By Value
- Surgical Treatment
- By Value
- Introduction
- By Condition
- Introduction
- Condition By Value
- Tennis Elbow
- By Value
- Golfer's Elbow
- By Value
- Pitcher's Elbow
- By Value
- Jumper's Knee
- By Value
- Swimmer's Shoulder
- By Value
- Achilles Tendonitis
- By Value
- Introduction
- North America Market Analysis
- Introduction
- By Treatment
- Introduction
- Treatment By Value
- Therapeutic Treatment
- By Value
- Hot And Cold Therapy
- By Value
- Physical Therapy
- By Value
- Shockwave Therapy
- By Value
- Surgical Treatment
- By Value
- Introduction
- By Condition
- Introduction
- Condition By Value
- Tennis Elbow
- By Value
- Golfer's Elbow
- By Value
- Pitcher's Elbow
- By Value
- Jumper's Knee
- By Value
- Swimmer's Shoulder
- By Value
- Achilles Tendonitis
- By Value
- Introduction
- U.S.
- Canada
Continued…
Table of Content and Figure @ https://straitsresearch.com/report/tendonitis-treatment-market/toc
Recent Developments
December 2021 - An exoskeleton knee brace that is about 30% lighter than standard models was developed by Delsson, a Singapore-based engineering firm, in partnership with 3D printing experts at Nanyang Technological University (NTU) in Singapore, in December 2021.
July 2021 - Clinical-stage cell therapy and regenerative medicine company InGeneron Inc. announced in July 2021 that it had published results of the world's first comprehensive immunohistochemical evaluation of adult tendon repair following local injection of fresh, uncultured and undamaged autologous cells from adipose tissue (UA-ADRCs).
News Media
Tendonitis Treatment Market to Grow at a CAGR of 3.27 % During 2022-2030
Global Urinary Incontinence Treatment Devices Market to Grow at a CAGR of 6.58% During 2020 –2030
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