(PharmaNewsWire.Com, January 10, 2017 ) Osteoarthritis Pain Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Osteoarthritis Pain globally.
The Osteoarthritis Pain Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Osteoarthritis Pain Market:
Abbott Laboratories Johnson & Johnson Novartis International Pfizer
Other Prominent Vendors of Osteoarthritis Pain Market Are:
“A key trend that will boost market growth is the emergence of new treatments. Cardax, a development stage life sciences company, is developing astaxanthin therapies for osteoarthritis treatment. The therapy is expected to fulfil large unmet medical needs in the market. Moreover, Arthritis Research UK is conducting studies to develop new treatments for osteoarthritis. One such study is the arcOGEN study, where the genes involved in osteoarthritis are being investigated, and early trials of stem-cell research are done to help in cartilage regrowth.”
According to the Osteoarthritis Pain Market report, a key driver of market growth is the high numbers of unmet medical needs. There are a number of unmet medical needs in this market due to the chronic nature of osteoarthritis and the absence of curative therapies. With drugs such as NSAID's, simple analgesics, corticosteroids, and opioids proving effective for individuals with early-to-mid stages of osteoarthritis pain, the competition in the market is strong. However, these options do not provide adequate pain relief in the late stages of osteoarthritis. Ultimately, effective treatment of osteoarthritis pain requires an improved anti-inflammatory molecule, which gives reason for R&D to develop new drugs with better MOA and minimal adverse effects. Thus, absence of effective and safe long-term treatment for creates numerous opportunities for pharmaceutical companies.
Report also presents Geographical Segmentation analysis of Osteoarthritis Pain Market of Americas, APAC, EMEA region.
Further, the Osteoarthritis Pain Market report states that one challenge that could restrict market growth is the consumer’s preference for alternate therapies.
Key questions answered in Osteoarthritis Pain market report:
What will the Osteoarthritis Pain market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving Osteoarthritis Pain market? What are the challenges to Osteoarthritis Pain market growth? Who are the key vendors in Osteoarthritis Pain market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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