Tendinitis Treatment Market: Introduction
- Tendon is the name given to a fibrous and denser tissue that helps connect the bone to the fleshy muscle and helps in movement to occur simultaneously in the bone and muscle, which aids in walking, bending, and rotation of the muscles and bones. Tendons act as pulleys to help muscles move a joint.
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- Tendinitis is the irritation or inflammation of a tendon, causing pain or aching outside or in the surrounding area of the joint, particularly in the shoulders, elbows, wrists, knees and heels during movement. It may be caused due to sudden injury or activities that exert stress on the tendons. Symptoms of tendinitis include pain, tenderness, and mild swelling in the affected area.
Key Drivers and Restraints of Global Tendinitis Treatment Market
- Rise in the number of people suffering from tendinitis, especially from sport injuries, and its prevalence among patients treated with the same; recurrence of chronic diseases such as arthritis and diabetes; innovation of new technologies; approaches and treatment therapies that support the treatment of tendinitis; rise in funding from governments; and significant investments from large corporates in the healthcare sector are key factors that boost the global tendinitis treatment market.
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- Aging of the population, demand for preventive care among people, and an increase in healthcare expenditure also play a key role in driving the market
- Side-effects of the treatment such as NSAIDs, lack of awareness about tendonitis, and the cost associated with the treatment of tendinitis are likely to restrain the global tendinitis treatment market
Achilles Tendinitis Segment to Dominate Global Tendinitis Treatment Market
- Based on condition, the global tendinitis treatment market can be divided into Achilles tendinitis, adductor tendinitis, biceps tendinitis, elbow tendinitis, rotator cuff tendinitis, jumper’s knee, trigger finger, and others
- Achilles tendinitis is highly common and frequently occurring among all the forms of tendinitis, as the Achilles tendon is the largest tendon in the body and is most likely to be affected by injury or damage. This is a key factor fueling the global tendinitis treatment market.
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Therapy Segment Accounted for Prominent Share of Global Tendinitis Treatment Market
- Based on Treatment, the global tendinitis treatment market can be divided into diagnosis, therapy, surgery, medical devices and others. Diagnosis is again classified as physical examination, imaging tests, ultrasound, magnetic resonance imaging (MRI) scans, and others. The therapy segment can be further bifurcated into pharmacological & non-pharmacological therapy. Non-pharmacological therapy includes rest therapy, heat & cold therapy, occupational therapy, physical therapy, and others. Furthermore, the pharmacological therapy segment includes OTC drugs or pain relievers, corticosteroids injections, platelet-rich plasma (PRP), and others.
- The therapy segment accounted for a notable share of the market due to its low cost, easy availability, high efficacy, less or no side-effects associated with treatment
Hospital Segment to Hold Notable Share of Market
- Based on end user, the global tendinitis treatment market can be divided into hospitals & clinics, medical research centers, academic institutes, and others
- The hospitals & clinics segment held a notable share of the market due to a rise in the number of patients admitted to hospitals and clinics for treatment, healthcare infrastructure provided by the hospitals such as intensive care units (ICU), ventilators, etc.
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North America to Dominate Global Tendinitis Treatment Market
- In terms of region, the global tendinitis treatment market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America accounts for a significant share of the global tendinitis treatment market followed by Europe. Increase in number of people suffering from tendinitis, technology growth and advancements, and large number of government grants and funding for manufacturing of technology propel the market in the region.
Key Manufacturers Operating in Market
The global tendinitis treatment market was highly fragmented in 2019. Key manufacturers operating in the global market are:
- Abbott
- Boehringer Ingelheim Pharmaceuticals, Inc.
- Merck and Co. Inc.
- GlaxoSmithKline plc
- Pfizer
- AstraZeneca
- Bayer
- Teva Pharmaceutical Industries
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