Surge in the high R&D activities from the manufacturers and collaboration for new advanced surgical treatment to foster the demand
Surge in the high R&D activities from the manufacturers and collaboration for new advanced surgical treatment to foster the demand
Fact.MR, Rockville MD: According to the latest report by Fact.MR on global avascular necrosis market, the growth of the market is expected to be modest through 2021 and beyond. Increasing accidents and traumatic injuries are expected to propel the demand for avascular necrosis.
Manufacturers are increasing the R&D activities for the new advanced surgical instruments which is aiding the sales of the market. Growing adoption of advanced minimally-invasive surgical treatment expected to foster the sales.
According to the recent study, more than 50% of people in Asia Pacific have the high risk for fractures or accidents in the populous countries such as India, China and Japan which will spur the demand for avascular necrosis in Asia Pacific.
“Increasing healthcare expenditure and growing stigma of bone disorders in the countries such as China and India is the driving factor for the sales in Asia Pacific,” says a Fact.MR analyst.
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Key Takeaways
- North America expected to exhibit the largest share through 2021 and beyond
- India and China expected to exhibit high demand for avascular necrosis market in Asia Pacific
- Stringent regulations from the authorities regarding the medication might hamper the growth of the market
- Non-invasive treatment for faster recovery expected to foster the demand for the avascular necrosis market
- Extensive R&D activities expected to develop attractive opportunities for growth prospects
- Excessive intake of corticosteroids expected to spur the demand for avascular necrosis
Competitive Landscape
Leading players operating in the global avascular necrosis market profiled by Fact.MR include Wright Medical Group Inc., Medtronic Plc., Zimmer Biomet, Sanofi SA, Pfizer Inc., Merck KGaA, Integra LifeSciences Corporation, Eli Lilly & Company, Arthrex Inc., Smith & Nephew,Plc., Stryker Corporation, Johnson & Johnson, Bayer AG, and Baxter International among others. Developing new products and collaborations constitutes an important part as an organic strategy for the aforementioned players.
Recently, in February 2021, Medtronic developed new study involving its Nellcor pulse oximetry tech that provides faster and stable oxygen post-surgery to generate new proceedings in the upcoming year
Likewise, in January 2021, Integra LifeSciences Corporation completed the sale of its extremity orthopedics business to Smith & Nephew Inc., the former claimed that this divestiture will make them into stronger position to capitalize their core products and technologies.
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More Valuable Insights on Avascular necrosis Market
Fact.MR, in its new offering, presents a detailed analysis of the global avascular necrosis market. The study divulges essential insights on the avascular necrosis market on the basis of disease type (traumatic avascular necrosis, non-traumatic avascular necrosis), by treatment type (therapeutic treatment (nonsteroidal anti-inflammatory drugs, osteoporosis drugs, cholesterol lowing drugs, and blood thinners), and surgical treatment (bone grafting, osteotomy, total joint replacement, core decompression, and vascularized bone graft placement)), sales channel (retail sales and institutional sales), and across major regions of the world (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa).
Key Questions Covered in the Report
- What is likely to be the future outlook of the avascular necrosis market?
- Which regulations will be most helpful for the key players to boost the revenue for their companies?
- Which regulations will be most helpful for stakeholders to boost their demand-supply chain?
- What are best optimization strategies for the key players to achieve the success in the forecast period?
- Which key market players currently operate in the global avascular necrosis landscape?
- What is the impact of Covid-19 on avascular necrosis market?
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