Musculoskeletal Pains Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
Musculoskeletal pain is pain that affects bones, muscles, or the various types of connective tissues that hold the two together, such as tendons and ligaments. This type of pain can occur due to overuse or repetitive use of muscle groups, improper use or accidents such as falls, etc. and can persist for a long time, causing discomfort to the patient. The consistent discomfort caused by musculoskeletal pain has made it a key category of the global healthcare sector in recent years.
Improper posture is a key cause of musculoskeletal pain, as consistently sitting/sleeping in irregular positions can cause significant long-term damage to muscles. Thus, the rising prevalence of a sedentary lifestyle, particularly in developed economies, is a key driver for the musculoskeletal pains market. Dynamic developing economies such as India, China, and Brazil have also started witnessing the effects of a large-scale adherence to a sedentary lifestyle, as the corporate sector in these countries is exhibiting a steady rise, aided by the entry of several multinational companies and government support to the development of the IT industry.
The main component of musculoskeletal pain treatment is behavioral rather than pharmaceutical. Thus, the increasing interest of citizens across the world in maintaining a basic level of fitness is likely to be a key factor in reducing the prevalence of musculoskeletal pains in the coming years. Physiotherapy is also likely to be a key component of the global musculoskeletal pains market in the coming years due to its noninvasive nature and reliable efficacy in pain management.
Musculoskeletal pains refers to the acute or chronic pains of soft tissues or organs, which can be caused due to an injury, falls, jerking movements, falls, sprains, fractures, dislocations, and overuse of the organ. For instance, lower back pain is a common work related musculoskeletal pain that is caused due to prolonged immobilization or poor posture. Localized or widespread pain, stiffness of the body, fatigue, lack of sleep, twitching muscles, and burning sensation in muscles are some of the common symptoms of musculoskeletal pains. Depending on the location of pain, musculoskeletal pains are of different kinds including bone pain, muscle pain, tendon and ligament pain, fibromyalgia, joint pain, and tunnel syndromes. Bone pains, which are majorly caused due to injury, is the most common type of musculoskeletal pains, followed by joint pains, which is frequently associated with rheumatoid arthritis.
Musculoskeletal pains treatment includes various methods such as physical and occupational therapy, heat or cold treatment, acupuncture, strengthening, and conditioning and stretching exercises. Although there are no medications currently available for the treatment of musculoskeletal pains, some of the medications recommended to relieve the symptoms are: acetaminophen, NSAIDs, opioids, and neurotransmitters. The global musculoskeletal pains market is projected for a robust CAGR during the forecast period of 2017 to 2025. This report is a comprehensive analysis of all the factors that are expected to impact the growth rate and also profiles some of the key players to reveal their market share, product portfolio, and latest developments.
Research and development activities by several musculoskeletal pains market players to find drugs that can be used to treat musculoskeletal pains is the primary driver of the market. For instance, one of the major players Nordic Bioscience A.s in collaboration with Novaratis AG has developed the drug by the name calcitonin. Currently, the drug is under clinical trial phase three and is predicted to be highly beneficial for the treatment of musculoskeletal pains and thereby boost the market. Hydrocodone bitartrate, bupivacaine transdermal, prednisone, and clibranopadol are some of the other under train drugs. However, side effects such as nausea liver and kidney damage, acid-peptic disorders, and irritation of gastric tract associated with these drugs are restraining the market expansion.
Geographically, the report segments the global musculoskeletal pains market into the regions of North America, Europe, Asia Pacific, and rest of the world. Currently, North America contributes to the maximum demand due to robust healthcare infrastructure in countries such as the U.S. and Canada. However, Asia Pacific is expected to rise at the strongest CAGR during the forecast period due to the presence of vast population and improving healthcare facilities in several emerging economies such as China, India, and Japan.
Apart from Novasratis AG and Nordic Bioscience mentioned above, some of the other major market players in global musculoskeletal pains market are DURECT Corporation, Zogenix, Inc., Dainippon Sumitomo Pharma Co., Ltd., BioDelivery Sciences International, Inc., Pfizer, Inc., Collegium Pharmaceutical, Inc., Teva Pharmaceutical Industries, Limited, Chelsea Therapeutics, Inc., TransPharma Medical, Ltd. and Purdue Pharma L.P.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report