Tendinitis Treatment Market is expected to reach USD 426.4 million by 2023

(IT-NEWSWIRE.COM, February 13, 2018 ) Global Tendinitis Treatment Market is expected to grow at the CAGR of ~3.8% during the forecast period and is estimated to reach USD 426.4 million by 2023.

Key players for Tendinitis Treatment Market:

Some of the key players in this market are: Almatica Pharma, Inc. (US), AstraZeneca (US), Bayer (Germany), Boehringer Ingelheim Pharmaceuticals, Inc. (US), Merck & Co., Inc (US), Pfizer (US), and others.

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Market Scenario:

Tendinitis is irritation or inflammation of a tendon, a thick cord that attaches muscle to bone. Tendinitis is also called tendonitis. Tendinitis mainly caused due to sudden injury or activities that put stress on the tendons.

Increasing cases of tendinitis, introduction of new treatments and therapies, increasing awareness, and increasing healthcare expenditure are major driving forces for the market. Up to 50% of all sports injury in the United States comprise overuse tendinitis of the hand and wrist.

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Market Highlights

Global tendinitis treatment market has been evaluated as a steadily growing market and it is expected to continue growing in the near future.

The cases of tendinitis are increasing. Sport injuries is one of the major driver for this market. Increasing adoption of new treatment and therapies, growing awareness, and increasing healthcare expenditure are driving the market growth. Top players of this market are investing for research and new product development as well as they are collaborating with medical research centers and academic institutions to derive effective solution for tendinitis.

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Segmentation:

Global Tendinitis treatment market has been segmented on the basis of problem which comprises of tennis elbow, golfer's elbow, pitcher's shoulder, swimmer's shoulder, jumper's knee, and others. On the basis of diagnosis, the market is segmented into physical exam, imaging tests, and others. Imaging test is sub-segmented into ultrasound, Magnetic Resonance Imaging (MRI) scans, and others.

On the basis of treatments, the market has been segmented into medications, therapy, surgical repair, and others. Medication sub-segmented into pain relievers, corticosteroids, Platelet-Rich Plasma (PRP), and others. Therapy is further sub-segmented into hot and cold therapy, physical therapy, occupational therapy, and others. On the basis of end user, it is segmented into hospitals & clinics, medical research centers, academic institutes, and others.

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Tendinitis Treatment Market is expected to reach USD 426.4 million by 2023