Market Overview:
The global ankle arthritis treatment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of ankle arthritis, rising geriatric population, and technological advancements in the field of ankle arthritis treatment. The global ankle arthritis treatment market is segmented on the basis of type into corticosteroids, non-steroidal anti-inflammatory drugs (NSAIDs), and steroids. The corticosteroids segment is expected to dominate the global Ankle Arthritis Treatment Market during the forecast period owing to its high efficacy and safety profile.
Product Definition:
Ankle arthritis is a type of arthritis that affects the ankle joint. Treatment may include medications, injections, or surgery. The importance of ankle arthritis treatment is to relieve pain and improve function of the ankle joint.
Corticosteroids:
Corticosteroids are the group of drugs which act as anti-inflammatory agents. They can be administered locally in the form of gels, creams or ointments for pain management and to reduce inflammation. Corticosteroid injections are also used for inflammatory conditions but these injections must be given by a healthcare professional who is skilled in its administration.
Non-steroidal anti-inflammatory drugs:
Nonsteroidal anti-inflammatory drugs (NSAIDs) are used to reduce the inflammation associated with arthritis. These drugs act by blocking some of the enzymes that cause pain and swelling by interrupting communication between nerves and muscles. Some NSAIDs such as ibuprofen have been shown to improve symptoms in people who have been treated with corticosteroids.
Application Insights:
The hospital pharmacies segment dominated the market in 2017 and is expected to maintain its lead over the forecast period. Ankle arthritis treatment drugs are expensive, which can create financial burden on patients who require long-term medication. In such cases, these medicines would be prescribed by a doctor at a hospital pharmacy where patients can avail low cost options.
Hospital pharmacies also offer wider accessibility of treatment options as compared to other retail or online pharmacies due to higher stocking of medical supplies required for treating chronic conditions like arthritis. However, drug stores are likely to exhibit lucrative growth over the forecast period owing to increasing awareness about treatments and growing preference for home healthcare management among consumers globally. Consumers prefer shopping at their local neighborhood drugstores as it is more convenient than traveling long distances just for purchasing medicine that requires daily dosage amounts exceeding five pills per day or 15 tablets per week; this factor is anticipated to drive demand from drug stores during the estimated time frame.
Regional Analysis:
North America dominated the global ankle arthritis treatment market in 2017. The presence of well-established healthcare facilities, high adoption rate of advanced therapies for treatment of various diseases, and favorable reimbursement policies are some factors attributing to this dominance. In addition, increasing prevalence of these conditions is also expected to drive the regional growth over the forecast period. For instance, as per a recent study published in JAMA Network Open article titled—–' Joint Arthritis Treatment & Cost Estimator 2018 ', from January 1 st , 2016 to December 31 st , 2017 approximately 6 million adults were diagnosed with active joint inflammation (arthritis) in U.S., which was estimated at 8%.
Growth Factors:
- Increasing incidence of ankle arthritis
- Growing awareness about ankle arthritis and its treatment options
- Rising demand for minimally invasive procedures for ankle arthritis treatment
- Technological advancements in ankle arthritis treatment procedures
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Ankle Arthritis Treatment Market Research Report
By Type
Corticosteroids, Non-steroidal anti-inflammatory drugs, Steroids
By Application
Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Pharmacies
By Companies
Pfizer Inc., GlaxoSmithKline Plc., Novartis Ag, Johnson & Johnson, Bayer, Abbott Laboratories, Sanofi, Eli Lilly, Horizon Therapeutics, Anika Therapeutics, Pharmed Limited, Almatica Pharma
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Ankle Arthritis Treatment Market Report Segments:
The global Ankle Arthritis Treatment market is segmented on the basis of:
Types
Corticosteroids, Non-steroidal anti-inflammatory drugs, Steroids
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Pharmacies
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pfizer Inc.
- GlaxoSmithKline Plc.
- Novartis Ag
- Johnson & Johnson
- Bayer
- Abbott Laboratories
- Sanofi
- Eli Lilly
- Horizon Therapeutics
- Anika Therapeutics
- Pharmed Limited
- Almatica Pharma
Highlights of The Ankle Arthritis Treatment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Corticosteroids
- Non-steroidal anti-inflammatory drugs
- Steroids
- By Application:
- Hospital Pharmacies
- Retail Pharmacies
- Drug Stores
- Online Pharmacies
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ankle Arthritis Treatment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ankle arthritis treatment typically includes medications and physical therapy. Medications may include anti-inflammatory drugs, painkillers, or corticosteroids. Physical therapy may help to improve range of motion and flexibility in the ankle joint.
Some of the key players operating in the ankle arthritis treatment market are Pfizer Inc., GlaxoSmithKline Plc., Novartis Ag, Johnson & Johnson, Bayer, Abbott Laboratories, Sanofi, Eli Lilly, Horizon Therapeutics, Anika Therapeutics, Pharmed Limited, Almatica Pharma.
The ankle arthritis treatment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ankle Arthritis Treatment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ankle Arthritis Treatment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ankle Arthritis Treatment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ankle Arthritis Treatment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ankle Arthritis Treatment Market Size & Forecast, 2020-2028
4.5.1 Ankle Arthritis Treatment Market Size and Y-o-Y Growth
4.5.2 Ankle Arthritis Treatment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Corticosteroids
5.2.2 Non-steroidal anti-inflammatory drugs
5.2.3 Steroids
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital Pharmacies
6.2.2 Retail Pharmacies
6.2.3 Drug Stores
6.2.4 Online Pharmacies
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ankle Arthritis Treatment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ankle Arthritis Treatment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Corticosteroids
9.6.2 Non-steroidal anti-inflammatory drugs
9.6.3 Steroids
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital Pharmacies
9.10.2 Retail Pharmacies
9.10.3 Drug Stores
9.10.4 Online Pharmacies
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Corticosteroids
10.6.2 Non-steroidal anti-inflammatory drugs
10.6.3 Steroids
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital Pharmacies
10.10.2 Retail Pharmacies
10.10.3 Drug Stores
10.10.4 Online Pharmacies
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Corticosteroids
11.6.2 Non-steroidal anti-inflammatory drugs
11.6.3 Steroids
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital Pharmacies
11.10.2 Retail Pharmacies
11.10.3 Drug Stores
11.10.4 Online Pharmacies
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Corticosteroids
12.6.2 Non-steroidal anti-inflammatory drugs
12.6.3 Steroids
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital Pharmacies
12.10.2 Retail Pharmacies
12.10.3 Drug Stores
12.10.4 Online Pharmacies
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Corticosteroids
13.6.2 Non-steroidal anti-inflammatory drugs
13.6.3 Steroids
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital Pharmacies
13.10.2 Retail Pharmacies
13.10.3 Drug Stores
13.10.4 Online Pharmacies
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ankle Arthritis Treatment Market: Competitive Dashboard
14.2 Global Ankle Arthritis Treatment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pfizer Inc.
14.3.2 GlaxoSmithKline Plc.
14.3.3 Novartis Ag
14.3.4 Johnson & Johnson
14.3.5 Bayer
14.3.6 Abbott Laboratories
14.3.7 Sanofi
14.3.8 Eli Lilly
14.3.9 Horizon Therapeutics
14.3.10 Anika Therapeutics
14.3.11 Pharmed Limited
14.3.12 Almatica Pharma
